FEATURE: Countries continue to seek balance between rush for carbon finance and Article 6 capacity building
Several countries are looking to issue Letters of Authorisation (LoAs) that would allow projects to supply carbon credits to the international aviation offsetting scheme CORSIA, but many say they prefer to have their Article 6 infrastructure fully operational before moving ahead.
Read MoreCOP30: FEATURE – In Belem, action from summit sidelines moved into centre-stage
COP30 was a tale of two climate summits: on the one side, divisive negotiations over deals that largely reaffirmed existing climate goals; but on the other, a stronger-than-ever show of how action is already spreading faster and farther.
Read MoreFEATURE: Article 6.2 clashes could weigh heavily on UN REDD+ programmes
Discussions on international carbon trading at COP30 exposed tensions about the function of a technical review process, key for transparency in new Paris Agreement markets, which may have significant implications for those seeking to sell reductions from Article 5.2 REDD+ programmes via Article 6.
Read MoreFEATURE: Asphalt integration shows promising pathway to grow biochar demand
A UK-based biochar developer teased some positive results from testing the addition of biochar to asphalt at COP30, opening up a dialogue on more industrial end-uses for the carbon removal (CDR) product.
Read MoreFEATURE: Electrifying EU ports by 2030 reliant on robust grid access, solid business case
Curbing emissions from ships berthed at EU ports is being driven by EU legislation to electrify all container terminals by 2030, but achieving that goal will require significant grid expansion and an improved business case for ports to make the robust investment required.
Read MoreFEATURE: Some Article 6 holdouts remain, but they’re growing fewer and far between
A handful of countries are still keeping out of the race to trade carbon credits through Article 6 – although the number is dwindling, as even the most ideologically opposed see pragmatic business opportunities.
Read MoreFEATURE: Informal US COP30 delegation shared ‘on-the-ground’ progress for climate action implementation
US state and local official made up an informal climate delegation for the absentee nation, reaching international counterparts with a message of resilience in Belem.
Read MoreCOP30: FEATURE – Brazil’s coalition could shape systems amid global carbon market growth, experts say
Brazil’s international coalition could be uniquely positioned to facilitate mutual recognition of credits and knowledge exchange between countries amid a global explosion of carbon pricing systems – if certain steps are taken, experts said during COP30 in Belem.
Read MoreCOP30: FEATURE- Canada quietly doubles down on fossil fuels through UN talks
As Canada’s environment minister championed carbon markets and climate finance through the halls of the UN climate summit, Prime Minister Mark Carney committed to producing more liquefied natural gas (LNG) back home.
Read MoreCOP30: FEATURE – Tropical forest fund can complement carbon markets but may jeopardise additionality
The Brazilian-led tropical forest fund should support carbon markets by reducing regulatory risk to attract private capital, and providing more funds to forest preservation, observers have said, though there is also risk that carbon project additionality gets undermined.
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