Article 6 must break free of old paradigms to succeed, say experts
The new carbon market logic under Article 6 of the Paris Agreement must be about cooperation, not just offsetting, according to an expert report circulated on Thursday.
Read MoreDATA DIVE: Chilean renewable projects aim for PACM after major support from CDM
The Kyoto Protocol’s Clean Development Mechanism (CDM) played a critical role in building out Chile’s renewable energy generation, Carbon Pulse analysis of new national data has found, while dozens of Chilean renewables projects look ahead to the Paris Agreement Crediting Mechanism (PACM).
Read MoreDATA DIVE: Most countries now open to using Article 6 to meet NDCs
Most parties to the Paris Agreement have officially signalled interest in using Article 6 carbon market mechanisms to meet their national emission reduction targets, new Carbon Pulse analysis of updated Nationally Determined Contributions (NDCs) shows.
Read MoreBRIEFING: Article 6.4 Supervisory Body makes headway, first PACM credits may hit market as soon as July
The Article 6.4 Supervisory Body (SBM) is making strong progress on the Paris Agreement Crediting Mechanism (PACM), with the first credits from a transitioning activity on course to reach the market as early as July this year, a UNFCCC official told a webinar on Wednesday.
Read MoreBrazilian bank receives carbon credits as payment for supporting large-scale debt deal
A Sao Paulo-headquartered bank has claimed payment for its role supporting a R$2 billion ($356 million) unsecured debt issuance in an unconventional form of carbon credits from a renewable energy company.
Read MoreYou belong with COP30: Organisers, fans brace for Belem takeover as Taylor Swift joins climate summit
Global pop superstar Taylor Swift has been appointed Global Youth Engagement Ambassador for COP30, the upcoming UN climate summit in Belem, Brazil, sparking an unexpected tidal wave of interest from her devoted fanbase — and prompting organisers to radically rethink logistics.
Read MoreCarbon markets can help tackle South Africa’s invasive tree problem -researchers
Carbon pricing mechanisms could make it financially viable to harvest invasive alien trees in South Africa for use in bioenergy and biochar production, according to a study.
Read MoreRating agency assigns weak score to first approved PACM carbon project
A carbon rating agency has assigned a relatively low score to the first approved project that has transitioned to the new Paris Agreement Crediting Mechanism (PACM) from the Kyoto-era Clean Development Mechanism (CDM).
Read MoreCDM panel approves “marginal”, more granular approach to clean cooking projects
A methodological panel for the UN’s Clean Development Mechanism (CDM) has endorsed a “marginal” approach for the fraction of non-renewable biomass (fNRB) for application in clean cooking projects, according to a meeting report published online this week.
Read MoreNew suite of news and intelligence products to celebrate 10 years of Carbon Pulse
To celebrate 10 years of Carbon Pulse, we are announcing the launch of two new subscription products – Net Zero Pulse and Nature & Biodiversity Pulse – to enhance our suite of specialist news and intelligence offerings.
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