Kazakhstan signs Article 6.2 forest-climate MOU targeting 1.2 mln CDR credits
The government of Kazakhstan announced a memorandum of understanding (MoU) under Article 6.2 of the Paris Agreement regarding a forestry project targeting more than 1.2 million tonnes of CO2 removals.
Read MoreVerra publishes auditor scorecards, says it’s cutting timelines amid digitalisation
The standard body is cutting project review timelines, rolling out digital systems, as well as expanding Article 6 and CORSIA labelling guidance, it said in a Wednesday stakeholder update, as it also published auditor scorecards on the same day.
Read MoreNearly a quarter of legacy UN carbon projects risk overlapping with community lands -analysis
Nearly a fourth of the Kyoto Protocol’s Clean Development Mechanism (CDM) era projects transitioning into the Paris Agreement’s Article 6.4 market risk overlapping with land used by Indigenous Peoples and local communities, according to an analysis that geospatially mapped hundreds of projects.
Read MoreAerospace company procures 20k CDR credits via carbon marketplace
A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
Read MoreGlobal shipping carbon price in the crosshairs as countries debate future of Net-Zero Framework
Countries remain divided on what a Net-Zero Framework (NZF) for global shipping should look like, with some calling on Wednesday to scrap its carbon levy, and others to ditch any mechanism that collects revenue.
Read MoreUS researchers publish independent GHG emissions inventory after EPA fails to file annual report
US researchers have published an independent national GHG inventory covering three decades of emissions data, after the Environmental Protection Agency (EPA) missed its annual reporting deadline for the second consecutive year.
Read MoreAfrica Roundup: Rush of clean cookstove projects cleared for international carbon crediting
A flurry of Sub-Saharan African clean cookstoves were cleared to generate international carbon credits this past month, injecting fresh supply into the aviation offsetting scheme CORSIA, and the wider international market.Â
Read MoreFrance unveils fossil fuel phaseout roadmap embedded in existing policies
France has published a document summarising its transition away from coal, oil, and fossil gas by mid-century, positioning itself among the first countries to respond to the COP30 presidency’s call for national transition plans.
Read MoreEU should avoid “black box” approach to carbon credit procurement, say experts
The EU should draw on existing standards as part of its carbon credit buying strategy rather than add to an already fragmented patchwork of frameworks, researchers, ratings agencies, and developers said this week.
Read MoreMENA Roundup: No longer on the sidelines, MENA partakes in global market twists and turns
From feeling the impact from Microsoft’s carbon removal buying ‘pause’, to hosting a CORSIA auction and building Article 6 readiness, the Middle East and North Africa (MENA) region in April stepped into the midst of global carbon market trends.
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