BRIEFING: Safeguard review will target incremental changes, not wholesale reform
The upcoming legislated review of the Safeguard Mechanism will not be used to massively overhaul or dump the scheme entirely, rather, it will be more of a recalibration of current settings, a consultancy argued this week.
Read MoreBRIEFING: Koko’s collapse is a reminder of political risks surrounding carbon projects
Kenya’s decision to reject clean cooking developer Koko Networks’ request to sell carbon credits was met with widespread concern and criticism on Monday, including from the country’s own special climate envoy, highlighting the strong political risks weighing down on the nascent international market.
Read MoreBRIEFING: Digital tech can bolster confidence in African carbon markets, but not on its own
The rise of digital technologies like the Internet of Things and blockchain can help to build trust and coherence across Africa’s burgeoning carbon markets – but it needs to be combined with wider work to bolster investor confidence, according to experts.
Read MoreBRIEFING: Africa advances on energy transition, but clean cooking gaps put 2030 sustainable development goals at risk
The continent of Africa has made steady gains in expanding access to electricity – yet progress remains uneven and is increasingly threatened by persistent gaps in clean cooking, according to a continent-wide assessment released this week.
Read MoreBRIEFING: Calls for better resourcing, biodiversity prioritisation in ACCU Scheme review submissions
The government is being called on to better resource the development of Australian Carbon Credit Unit (ACCU) methodologies, as well as prioritising those that integrate biodiversity, as part of an ongoing review of the scheme.
Read MoreBRIEFING: US authority to withdraw from UNFCCC in question, legal duty to address climate change remains
While the US move to withdraw from the UN Framework Convention on Climate Change (UNFCCC) has reopened unresolved constitutional questions over presidential authority, legal experts say the decision is unlikely to materially weaken domestic climate litigation or existing legal obligations.
Read MoreBRIEFING: UK urged to hurry up with new sustainability reporting rules, avoid pitfalls of EU policy
The UK’s new corporate sustainability reporting standards should focus on asking for the most relevant information – rather than following the EU example of demanding a “laundry list” of disclosures, according to experts.Â
Read MoreBRIEFING: Alberta should act as a buyer of last resort to save TIER, says carbon advisor
Alberta should consider buying out the oversupply of credits in its broken Technology Innovation and Emissions Reduction (TIER) carbon pricing system before looking to tighten stringency, said a carbon management advisor for the province’s large emitters.Â
Read MoreBRIEFING: Malaysia looks to palm oil credits to boost supply as carbon market action remains slow
Malaysia’s palm oil industry could generate significant volumes of carbon credits, but structural challenges in the country’s carbon market such as low liquidity, high costs, and regulatory uncertainty continue to constrain progress, according to experts.
Read MoreCFME26: BRIEFING – UAE, Saudi Arabia prepare for compliance markets
The United Arab Emirates and Saudi Arabia are moving ahead with plans to create compliance markets in the coming years, market-makers told Carbon Forward Middle East, providing fresh confirmation to international speculation.Â
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