Article 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 MoreICAO to assess Paris crediting mechanism units for CORSIA once time is right -TAB chair
The chair of UN aviation agency ICAO’s technical body has said that new Paris Agreement units will be assessed for the CORSIA scheme once the mechanism is ready.
Read MoreINTERVIEW: Central America’s phased-in carbon markets chart unique course in the region
Central American countries’ attempts to sensitise the private sector to carbon pricing while building up public sector capacity via voluntary programmes have led to a unique, subregional model of carbon markets within Latin America, a Panamanian expert told Carbon Pulse.
Read MoreKenyan energy company to tender 1.8 mln CDM carbon credits
A Kenyan power company and carbon project developer will tender in February around 1.8 million carbon credits issued last year to geothermal energy projects under the UN’s Clean Development Mechanism (CDM).
Read MoreRoadshow for Chile’s first-ever auction of tax-eligible offsets slated for next week
A Latin American carbon markets platform will host a show-and-tell for the first auction of carbon credits eligible toward payment of Chile’s CO2 tax next week, it announced Thursday.
Read MoreUN SBSTA vice-chair moves to commodities trading firm
The former vice-chair of the UN’s Subsidiary Body for Scientific and Technological Advice (SBSTA) has moved to a new role at financial services provider and commodities trader.
Read MoreCarbon Pulse launches new Article 6 Portal
In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement.
Read MoreVCM Report: Market ticks along amid cookstoves, US political uncertainty
Indecision and uncertainty continued to plague the voluntary carbon market after news broke that the Integrity Council for the Voluntary Carbon Market (ICVCM) may not decide on which cookstoves methodologies will qualify for the Core Carbon Principles (CCP) quality label until the end of March, while participants continued to digest the possible impact of US President Donald Trump’s withdrawal from the Paris Agreement.
Read MoreLATAM Roundup: Latin America adds regional flair to Article 6, voluntary carbon markets
Latin America and the Caribbean are advancing Article 6 and voluntary carbon initiatives, seeing increased regional efforts to adapt and participate in these markets, according to various speakers and bulletins last week.
Read MoreINTERVIEW: EU could accept Article 6 credits for CBAM, ETS — if they’re strong enough, says ex-top official
The EU could accept international carbon units in its Carbon Border Adjustment Mechanism (CBAM), ETS, or ETS2 schemes — as long as the credits are of a high enough quality, according to a former top climate official.
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