LATAM Roundup: REDD+ issuers push for inclusion in compliance schemes
Regional governments, firms, and non-profits involved in REDD+ forest projects all advocated a role for these credits within compliance carbon pricing or payments for ecosystem services (PES) in the week ending Feb. 16.
Read MoreMaritime biofuels risk causing environmental disaster, warn green groups
A group of 69 environmental NGOs have urged the International Maritime Organization (IMO) to cast off biofuels for decarbonising the shipping industry because of their potential impact on ecosystems and communities, as key talks kick off on Monday to address the sector’s climate impact.
Read MoreArticle 6 body launches interim registry, approves first CDM transition requests
The Supervisory Body for the Article 6.4 mechanism (SBM) agreed to launch an interim registry to help speed along the operationalising of the Paris Agreement Crediting Mechanism (PACM) at its first meeting of the year, also making the first approvals as part of the Clean Development Mechanism (CDM) transition process.
Read MoreBrazilian NbS group urges govt to engage private sector, follow recommendations for new ETS
An industry group of 20 carbon project developers and non-profits involved in nature-based solutions (NbS) have called upon the Brazilian government to include private sector voices and several other considerations when converting the country’s new ETS law into regulation.
Read MoreCAR poaches next president from Verra senior leadership
Voluntary carbon market (VCM) standard Climate Action Reserve (CAR) announced Friday the selection of its next president – a market veteran currently serving as senior leadership at competitor Verra.
Read MoreDATA DIVE: Article 6 project interest jumps 30% in past month as PACM momentum builds
The number of carbon projects signalling their interest in participating in the Paris Agreement Crediting Mechanism (PACM) has grown by 30% over the past month, a new update to the Carbon Pulse Article 6 Portal shows.
Read MoreKenya grassland project may receive carbon credit issuances, despite uncertain future
The owners of the world’s largest soil carbon project could still receive carbon credits, despite its future hanging in the balance, with no action yet taken by standard-setter Verra to prevent issuance.
Read MoreLack of updated NDC climate targets to slow Article 6 progress, warns rating agency
The flourishing of Article 6 trade may be hampered by countries failing to submit new Nationally Determined Contributions (NDCs) climate targets on time, according to a carbon credit rating agency.
Read MoreBRIEFING: Carbon capture is a public good, needs policies to drive growth -experts
Carbon capture and storage (CCS) is vital to reach net zero emissions, but projects need to be driven by climate policies to prevent the technology from being used as an excuse to keep fossil fuels alive, experts said.
Read MoreGlobal electricity demand to rise nearly 4% annually through 2027, as CO2 emissions stabilise -report
Global electricity demand is set to grow at close to an average of 4% annually through 2027, while CO2 emissions from power generation are expected to plateau, according to a report released Friday.
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