Kenyan 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.
Read MoreIraq, UK sign cooperation deal on carbon markets, energy transition
Iraq signed a memorandum of understanding (MOU) with the British government on Tuesday that would support carbon market development, among other decarbonisation aims, according to the Iraqi Prime Minister’s Office.
Read MoreUN cancels tender to build centralised Article 6 registry system
A UN tender to build a centralised registry system for carbon trading under Article 6 of the Paris Agreement has been cancelled, Carbon Pulse has learned, though an interim solution is expected to be operational by year’s end.
Read MoreANALYSIS: Forest carbon credits may find a home in Article 6
Forestry carbon credits, including from REDD and ARR reforestation sectors, now have the green light to scale via Paris Agreement carbon markets, following last month’s historic decision at COP29, but the exact methodologies that will be used, and strength of demand, remain uncertain.
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