LATAM Roundup: Public, private sectors seek collaboration on carbon pricing
Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending July 28, which saw convergences between public policy on one hand, and private sector initiatives on the other, as a broadening array of LATAM countries and companies throw their weight behind carbon pricing.
Read MoreBRIEFING: In Argentine carbon markets, Milei’s vision of constructive chaos meets real-world limits
Argentina’s President Javier Milei has proposed an ETS and promoted administrative reshuffling, including of climate-adjacent agencies, as part of his government’s attempt to overhaul the country’s economy, but pushback to his flagship legislation, acute financial constraints, and risk aversion in the voluntary carbon market (VCM) threaten his plans.
Read MoreAsian carbon project developers say caught between evolving regulations, updating methodologies
Voluntary carbon project developers are struggling to keep up with the rapidly changing landscape of new methodology updates and emerging government regulations in Asia, participants told a conference this week.
Read MoreCarbon accounting firm launches product to help metals and energy firms disclosure supply chain emissions
A carbon accounting platform has unveiled a solution aimed at helping corporates in the metals and energy sectors disclose supply chain emissions for both compliance and voluntary purposes, including for the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreINTERVIEW: New global finance goal must drill down on who pays, where it goes, and how it’s tracked
The new global climate finance goal will have to drill down on details such as where the money comes from, where it is allocated, how it is monitored and verified, and, ideally, how to bolster integrity of carbon markets, according to a senior international climate finance official.
Read MoreGlobal carbon markets post 2% increase in value in 2023 -analysts
Global carbon markets expanded for a fifth straight year in 2023, though the 2% annual growth rate was significantly slower compared to the prior year, analysts said.
Read MoreCOP28: Global Stocktake avoids fossil fuel phaseout language in historic final text
A final negotiating text on the first ever Global Stocktake (GST) of the Paris Agreement was agreed by countries at COP28 early Wednesday, urging a “transition away from fossil fuels in an equitable manner” but crucially avoiding the stronger ‘phaseout’ language seen in earlier versions.
Read MoreCOP28: Roundup for Day 13 – Dec. 12
It is Day 13 of COP28 – the final day, and parties are still far from consensus on the global stocktake (GST), Article 6 negotiations, adaptation, and virtually every issue on the table here in Dubai. In our daily blog, we will report relevant or useful updates throughout the day.
Read MoreCOP28: Roundup for Day 12 – Dec. 11
It is Day 12 at COP28 and negotiations are under crunch time to find areas of agreement across key texts, including on the Global Stocktake (GST) and Article 6. Carbon Pulse’s team of correspondents continue to chase after news on the ground from the latest texts and sources. In our daily running blog, we will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: Roundup for Day 11 – Dec. 10
It is Day 11 at COP28 and all eyes are on the next 48 hours of negotiations as a cautious optimism hangs in the air. The presidency has organised small ministerial gatherings – dubbed ‘majlis’ (think ‘indabas’ from 2011’s COP17) – to find areas of agreement across key texts, including on the Global Stocktake (GST) and Article 6. A clean version has been demanded by organisers for delivery by Monday afternoon, ahead of the summit’s formal close on Tuesday. Nonetheless, as the tens of thousands of delegates start to leave Expo City, flocking back to homelands, Carbon Pulse’s team of correspondents continue to chase after news on the ground. In our daily running blog, we will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
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