China expands electricity market coverage, deepens power sector reforms
China has integrated on-grid renewables into the nation’s electricity market as its latest attempt to deepen the country’s power sector reforms, a process expected to make the market more sensistive to carbon pricing signals.
Read MorePREVIEW: Article 6 methodological work underway as focus switches to implementation
The Supervisory Body for the Article 6.4 mechanism (SBM) will meet for the first time this week since the historic carbon markets agreement at COP29 in Baku, with implementation on the agenda as the UN body seeks to push forward with key methodological work for Paris Agreement carbon crediting.
Read MoreID Market: January sees increase in IDX traded volumes, but questions remain over int’l credits
Activity on Indonesia’s National Carbon Exchange (IDX Carbon) saw a jump in January, partly thanks to the commencement of international carbon credit trading on the platform, however questions linger over key elements of the scheme.
Read MoreMangrove restoration offers up to 15:1 benefit-cost ratio, researchers estimate
Restoring mangrove forests could generate billions of dollars in economic and climate benefits, with a global benefit-cost ratio (BCR) as high as 15 to 1, according to a new study.
Read MoreINTERVIEW: Energy transition payments make fertile ground for carbon pricing
The $5.2 billion Clean Technology Fund (CTF) is helping to sensitise developing country governments to carbon pricing by supporting energy transition finance and programming, according to an executive at the organisation.
Read MoreDATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time
The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.
Read MoreINTERVIEW: Market needs to come to “acceptable compromise” to scale REDD+ projects
International carbon market stakeholders, including standards, rating agencies, and bodies such as the Integrity Council for the Voluntary Carbon Market (ICVCM) and Science Based Targets Initiative (SBTi), must find a path to come to an agreement on REDD+ methodologies if they wish to scale projects in the sector, a market veteran told Carbon Pulse.
Read MoreBRIEFING: Experts confident of strong CORSIA supply and demand, including from US
Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.
Read MoreCN Markets: CEA price stable, but volume slips amid bearish sentiment
The Chinese Carbon Emissions Allowance (CEA) price edged down this week with shrinking market liquidity, a bearish trend market observers said may continue until more policy clarity is provided.
Read MoreTokyo-based developer tries again with cookstove JCM methodology
A Japanese project developer has made a second attempt to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), the first of its kind under the scheme if approved.
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