INTERVIEW: Korean securities firm seeks opportunities in international carbon markets

Published 08:19 on January 23, 2025  /  Last updated at 08:19 on January 23, 2025  / /  Asia Pacific, International, Paris Article 6, South Korea, Voluntary

One of South Korea’s largest securities companies is gearing up for expansion in carbon markets both at home and abroad, with a potentially growing international offset project pipeline, a company official told Carbon Pulse.

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Indonesia signs MoU with ExxonMobil for CCS at planned plastics plant

Published 05:41 on January 23, 2025  /  Last updated at 05:41 on January 23, 2025  / /  Asia Pacific, Other APAC

Indonesia signed a Memorandum of Understanding (MoU) with ExxonMobil this week to progress carbon capture and storage (CCS) work in tandem with a $10-billion petrochemical plant.

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2024 ACCU issuance hits record high, but short of regulator forecast

Published 05:32 on January 23, 2025  /  Last updated at 05:32 on January 23, 2025  / /  Asia Pacific, Australia

Last year saw some 18.78 million Australian Carbon Credit Units (ACCUs) issued to projects, a record high, but short of the 20 mln initially expected by the Clean Energy Regulator (CER), highlighting longer-term supply concerns.

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INTERVIEW: Environmental plantings ACCU project of choice for Safeguard facilities, CEFC head says

Published 01:23 on January 23, 2025  /  Last updated at 01:23 on January 23, 2025  / /  Asia Pacific, Australia

Compliance entities covered under the Safeguard Mechanism were the subject of focus behind the Clean Energy Finance Corporation’s (CEFC) decision to back environmental plantings projects, its head of natural capital told Carbon Pulse.

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VCM ratings agency introduces platform to evaluate crediting programmes

Published 22:50 on January 22, 2025  /  Last updated at 22:50 on January 22, 2025  /  Americas, Asia Pacific, EMEA, International, Nature-based, US, Voluntary

A carbon credit ratings company has introduced a new platform that allows traders to evaluate the registries and crediting programmes within the voluntary carbon market (VCM).

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Verra cuts project review time sharply in fourth quarter

Published 18:03 on January 22, 2025  /  Last updated at 18:03 on January 22, 2025  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Verra has slashed the time taken to review projects after streamlining and improving the process with its new risk-based approach that categorises projects into high, medium, or low bands, the standard body said Wednesday.

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BRIEFING: VCM stuck in a ‘chicken and egg’ situation as participants await Article 6 development

Published 17:46 on January 22, 2025  /  Last updated at 17:46 on January 22, 2025  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

The voluntary carbon market (VCM) is stuck in a ‘chicken and egg’ situation, with buyers and sellers each waiting for the other to unlock the trade of international carbon credits, according to experts speaking during a webinar on Wednesday.

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Unified global carbon market key to scaling climate finance, Davos panel says

Published 16:38 on January 22, 2025  /  Last updated at 16:38 on January 22, 2025  / /  Americas, Asia Pacific, Carbon Taxes, CBAM, Climate Talks, International, Other APAC, South & Central, Voluntary

A unified global carbon market under Article 6 of the Paris Agreement is essential for meeting climate goals, but clear governance and regulations are needed to build trust and drive investment, speakers told a panel at the World Economic Forum (WEF) in Davos.

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INTERVIEW: Non-profit seeks to provide India with first voluntary carbon market registry

Published 15:59 on January 22, 2025  /  Last updated at 15:59 on January 22, 2025  / /  Asia Pacific, Nature-based, Other APAC, Paris Article 6, Voluntary

An Indian non-profit is working to establish the country’s first indigenous registry for the voluntary carbon market, its executives told Carbon Pulse in an interview.

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CORSIA-eligible carbon credits snapped up at $21.70 in auction

Published 14:59 on January 22, 2025  /  Last updated at 21:40 on January 22, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

The first auction for Phase 1 CORSIA-eligible credits saw airlines snap up units at $21.70 per tonne, organising trade body the International Air Transport Association (IATA) confirmed Wednesday.

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