Paraguay translating carbon markets law into regulation
On the heels of passing its 2023 carbon markets bill, the government of Paraguay has held participatory stakeholder workshops to translate the law into a practicable framework and to receive feedback on draft regulation.
Read MoreInternational development bank opens call for proposals to design Argentina cap-and-trade system
An international development bank this week invited expressions of interest to provide consulting services for a project to design a cap-and-trade system for Argentina.
Read MoreBRICS countries agree to partner on carbon market development
Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.
Read MoreAmericans favour carrot vs stick approach to achieving emissions reduction goals -report
A US non-profit found Americans preferred an incentive-based approach to emissions policy options compared to penalties for failure to meet targets, although there was less support for certain abatement policies in 2024 than four years ago.
Read MoreINTERVIEW: Oman plans to launch Article 6 carbon framework at COP29
The Sultanate of Oman has drafted a regulatory framework for Article 6 carbon trading under the Paris Agreement, seen by Carbon Pulse, to be formally launched at the COP29 UN climate conference in Baku, Azerbaijan in November.
Read MoreEgypt seen opting for voluntary carbon market rather than CO2 tax -media
Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.
Read MoreCarbon pricing among key policy levers needed for climate success, finds report
Carbon pricing is a key policy tool to ensure climate success, especially when combined with subsidies for clean energy and effective regulation such as state-induced coal phaseout, according to an international report published this week.
Read MoreReforester in Ghana signs deal with carbon financier to boost credit supply
A carbon financier has gained exclusive access to 371,000 voluntary credits from reforestation projects in Ghana, which can now provide Internationally Transferred Mitigation Outcomes (ITMOs) to Singapore, it said Wednesday.
Read MoreCarbon tax constraints reduce likelihood of limiting global warming to below 1.6C -study
Feasibility constraints that prevent some governments from implementing climate policies, such as a carbon tax, significantly reduce the likelihood of limiting global warming to below 1.6C, according to a study that found keeping to 1.5C no longer possible.
Read MoreMalaysia weighs carbon tax on big-emitting industries
The Malaysian government is looking into implementing a carbon tax, particularly on big-emitting industries, and plans to attract green investments into the country, an official told a media conference Monday.
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