Kyoto Mechanisms

COP26: Article 6 emissions trade awaits breakthroughs as new text ordered

Published 00:09 on November 5, 2021 / Last updated at 00:09 on November 5, 2021 / Ben Garside / Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

UN negotiations to finalise a Paris Agreement Article 6 rulebook on international emissions trade ploughed on through Wednesday, with officials ordering a second text to be crafted overnight.

COP26: Roundup for Day 4 – Nov. 4

Published 07:22 on November 4, 2021 / Last updated at 21:49 on November 13, 2021 / Stian Reklev / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary

Day 4 of COP26 in Glasgow is Energy Day, while delegates continue technical negotiations on all issues in closed sessions.

Over half of CERs from Indian wind projects non-additional, report finds

Published 14:21 on November 3, 2021 / Last updated at 14:21 on November 3, 2021 / Stian Reklev / Asia Pacific, Climate Talks, International, Kyoto Mechanisms, Other APAC, Voluntary

As many as 52% of the carbon credits generated by Indian wind farms under the Kyoto Protocol came from projects that would likely have gone ahead even without carbon finance, said a study released Wednesday.

COP26: Roundup for Day 3 – Nov. 3

Published 13:35 on November 3, 2021 / Last updated at 21:49 on November 13, 2021 / Ben Garside / Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, US, Voluntary

With heads of state now largely gone, day 3 of COP26 in Glasgow turns its attention to finance while officials get busy in closed-session technical negotiations.

COP26: Roundup for Day 2 – Nov. 2

Published 13:52 on November 2, 2021 / Last updated at 21:49 on November 13, 2021 / Alessandro Vitelli / Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, Switzerland, US, Voluntary

Heads of state are still delivering national statements at Day 2 of COP26 in Glasgow, while a full programme of side-events is now underway and technical negotiations on agenda items go on behind the scenes.

VCM Report: Nature-based VERs hit $10 as carbon credit demand overwhelms

Published 20:39 on November 1, 2021 / Last updated at 20:39 on November 1, 2021 / Matthew Lithgow / Africa, Americas, Asia Pacific, Aviation/CORSIA, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

Voluntary emissions reduction (VER) prices neared or reached the $10 mark on standardised, exchange-traded nature-based offset contracts this week, as traders reported booming demand across the entirety of the voluntary carbon market (VCM).

COP26: Roundup for Day 1 – Nov. 1

Published 12:14 on November 1, 2021 / Last updated at 21:50 on November 13, 2021 / Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

The long awaited, already once postponed COP26 UN climate talks have finally gotten underway in Glasgow. In our daily running blog, Carbon Pulse will report updates as they happen.

Death of key Article 6 negotiator to weigh heavily at COP26

Published 00:13 on October 30, 2021 / Last updated at 12:11 on December 19, 2023 / Africa, Americas, Asia Pacific, Bavardage, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Nature-based, Paris Article 6, South & Central, Voluntary

As delegates descend on Glasgow next week to attempt to finalise the Paris Agreement’s Article 6, the absence of one long-time carbon markets negotiator who died tragically earlier this year from COVID-19 will weigh heavily on their work.

COP26 PREVIEW: Nations under pressure to finalise carbon market rules in Glasgow

Published 18:07 on October 29, 2021 / Last updated at 12:15 on October 30, 2021 / Alessandro Vitelli / Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Nations are set to gather in Glasgow next week as the UNFCCC convenes its 26th Conference of the Parties, with pressure building on negotiators to agree a set of rules governing international emissions trading as private sector initiatives threaten to bypass the UN process.

ECOSYSTEM MARKETPLACE – Shades of REDD+: Managing expectations for Glasgow

Published 23:59 on October 28, 2021 / Last updated at 12:11 on December 19, 2023 / Africa, Americas, Asia Pacific, Climate Talks, Contributed Content, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Other Content, Paris Article 6, South & Central, US, Voluntary

Glasgow is likely to produce a decision on the implementation modalities for market mechanisms under the Paris Agreement. However, those expecting that such a decision would lead to a flurry of investments into Article 6 transactions may see their hopes frustrated by governments’ and corporates’ lack of appetite for such transactions. But closing the Paris Rulebook will still be important, if only to put voluntary carbon markets on stable ground.

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