FEATURE: “A logical destination” – govt-led forestry carbon projects remove market friction, command premiums
Forestry-based carbon projects that are government-led and factored into national accounting systems can achieve landscape-scale change, with credit prices trading at a premium, say experts.
Read MoreSB64: Article 6.2 TERs are in their lane, but PACM could add clarity, says UN
The UN’s Technical Expert Reviews (TERs) of Article 6.2 initial reports are fully within bounds, and are not erroneously applying Paris Agreement Crediting Mechanism (PACM) norms, a senior member of the UNFCCC has said.
Read MoreUN review flags major gaps in Malawi’s carbon market reporting
A United Nations technical review has identified significant weaknesses in Malawi’s reporting and governance arrangements for participation in international carbon markets under Article 6 of the Paris Agreement, raising concerns about transparency, accounting practices, and environmental integrity.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreSB64: BRIEFING – Plans for COP30 presidency’s twin roadmaps spark divergent reactions
The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
Read MoreSouth Korean investment company backs rice-focused JCM project in Vietnam
A Seoul-listed investment holding company has partnered with a developer to drive down emissions from Vietnam’s agriculture sector, eyeing the creation of carbon credits under the Joint Crediting Mechanism (JCM).
Read MoreSB64: Kenya sets 10-mln ITMO cap for Article 6 transfers through 2030 -official
Kenya has set a 10-million credit budget capping the volume of Internationally Transferred Mitigation Outcomes (ITMOs) that can leave the country under Article 6 through to 2030, a senior official told a carbon markets side event at the SB64 UN climate talks.
Read MoreSB64: BRIEFING – Parties sidestep conflict as implementation concerns prevail
Day one of the Bonn intersessional (SB64) UN climate summit saw parties avoid major disputes over the agenda and resist the urge to reopen old negotiations, refocusing on implementation – though the COP31 co-presidents appeared to skate around transition away from fossil fuels.
Read MoreClimate Litigation Roundup: International community stands firm on climate obligations as domestic pushback grows
The past month in climate litigation highlighted a widening divide between international and domestic climate law, as the former increasingly affirms that governments have an obligation to address climate change, while the latter are moving in the opposite direction, restricting avenues for relief against fossil fuel producers and high-emitting industries.
Read MoreCarbon insurance market set for explosive growth, finds report
Premiums for insuring the carbon market could reach at least $1.8 billion by 2030 and up to $30 bln by 2050, claims a report.
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