UAE signs forest carbon agreements with two African nations
The United Arab Emirates on Tuesday signed deals with two separate African countries to develop forest conservation projects on the continent and earn carbon credits.
Read MoreUNDP, Switzerland defend rice farming methodology amid Verra decision to halt use
The UN’s Development Programme and Switzerland have defended the rice farming methodology behind the first authorised emissions transfer under the Paris Agreement, with a senior official emphasising key differences to the Verra protocol that was halted last week over integrity concerns.
Read MoreVerra withdraws UN rice farming offset methodology for review over integrity concerns
Carbon standard developer and manager Verra has halted the use of a popular UN methodology for generating offsets from growing rice, launching a review of the protocol after integrity concerns were raised.
Read MoreSouth Korea secures first government CDM deal in Uzbekistan
South Korea has signed its first government contract to buy Clean Development Mechanism (CDM) carbon credits from a landfill gas project in Uzbekistan.
Read MoreFEATURE: Ghana emerges as frontrunner on Paris Agreement-era carbon sales
Ghana is fast developing global leadership as a seller of carbon credits under the Paris Agreement’s Article 6 international trade provision by establishing levies on such exports, having already developed key relationships with several buyer nations and big-hitting trading houses.
Read MoreGerman certification giant acquires North American GHG auditor
The US arm of a German certification giant has acquired a North American greenhouse gas auditing firm.
Read MoreINTERACTIVE: Mapping international emissions trade agreements as interest gathers pace
As the number of countries announcing bilateral emissions trade agreements and partnerships has increased, Carbon Pulse has launched a tracker to monitor such arrangements as updated national climate plans also point towards a rise in the use of cooperative approaches.
Read MoreCOMMENT: Disagreements and debates at COP27 fail to deter the market
Hopes weren’t particularly high that this would be a blockbuster COP. Glasgow had done the hard yards of finalising the overarching rules on carbon markets, and even the Egyptian hosts were billing this as the “implementation COP”. But the markets seemed to come away full of optimism, writes Alessandro Vitelli.
Read MoreCOP27: Reactions to the Sharm el-Sheikh Implementation Plan and a snapshot of key announcements
Here are selected expert reactions to the Sharm el-Sheikh Implementation Plan, which was concluded at the UN COP27 summit early on Sunday, along with a snapshot of key announcements made at the two-week event.
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