Mexican body introduces national carbon standard in push for voluntary market transparency -media

Published 16:27 on May 10, 2024  /  Last updated at 16:27 on May 10, 2024  / Alejandra Padin-Dujon /  Americas, International, Mexico, Nature-based, Voluntary

A Mexican standards body has launched a new version of an international offsetting standard adapted to the national context as the country moves to pass new transparency regulations governing the voluntary carbon market (VCM), according to a local media report.

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2023 hailed as a possible turning point for clean power, as renewables surpass 30% of global generation

Published 00:01 on May 8, 2024  /  Last updated at 14:50 on May 7, 2024  / Rebecca Gualandi /  Africa, Americas, Australia, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, South Korea, Switzerland, UK ETS, US

Solar and wind growth has propelled the world past 30% renewable electricity for the first time in 2023, marking a turning point in the shift away from fossil fuel power, according to a review of country-level data published on Wednesday.

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VCM Report: Bad headlines abound, but voluntary carbon prices little changed

Published 17:10 on May 6, 2024  /  Last updated at 11:32 on May 7, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Headlines in the trade press about the troubles of Rimba Raya in Indonesia were over-shadowed last week by a BBC investigative programme that exposed many criticisms of individual REDD projects to the general public, while also questioning the efficacy of voluntary efforts in general to the net zero cause, though prices saw little change.

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ICVCM decision on first eligible voluntary carbon methodologies delayed til June as Verra, ART get nod of approval

Published 09:00 on May 2, 2024  /  Last updated at 00:03 on May 2, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary

Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)’s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.

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Mexican community stakeholders in voluntary carbon market accuse regulators of overreach

Published 01:13 on May 1, 2024  /  Last updated at 01:29 on May 1, 2024  / Alejandra Padin-Dujon /  Americas, International, Mexico, Nature-based, Paris Article 6, Voluntary

Over two dozen local Mexican communities involved in the forestry voluntary carbon market (VCM) sent a letter Wednesday decrying a government proposal that would regulate VCM activities in the latest episode of a regulatory saga begun early this year.

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Partnership to provide best practices guidance, advance voluntary carbon market in Yucatan

Published 20:25 on April 30, 2024  /  Last updated at 20:25 on April 30, 2024  / Graham Gibson /  Americas, Mexico, Nature-based, Voluntary

The Voluntary Carbon Market Integrity Initiative (VCMI), in collaboration with the Yucatan government and global advisory firm Climate Focus, has announced a new partnership to establish best practice guidelines for voluntary carbon market (VCM) projects in the Mexican state.

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VCM Report: Rumble in Rimba Raya distracts voluntary carbon market at time of reasonable liquidity, renewed buying interest

Published 17:48 on April 29, 2024  /  Last updated at 17:49 on April 29, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Grim news about the Rimba Raya REDD project last week, as well as signs that corporates are focusing on cheap voluntary carbon credits, undermined a more upbeat tone for the market, fuelled by decent liquidity and stronger buying interest.

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LATAM Roundup: Latin America’s compliance carbon systems integrate with voluntary market, pursue growth

Published 22:01 on April 26, 2024  /  Last updated at 22:01 on April 26, 2024  / Alejandra Padin-Dujon /  Americas, Carbon Taxes, Climate Talks, International, Mexico, Nature-based, RINs & LCFS, South & Central, Voluntary

Carbon Pulse rounds up recent developments in compliance carbon systems within the Latin America and Caribbean region, taking a look at Brazil’s stabilising market for emissions reductions credits from biofuels after a year of rising prices, and summarising the carbon tax regimes that accept offsets.

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VCM Report: Creeping optimism in future of voluntary market fails to translate into higher prices

Published 17:30 on April 22, 2024  /  Last updated at 17:30 on April 22, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Optimism is creeping back into the voluntary market, although prices and liquidity were steady last week, and some standardized prices slipped lower from already very weak levels.

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SBTi boss “regrets distress” caused by proposed change to carbon offset use policy

Published 23:37 on April 19, 2024  /  Last updated at 23:59 on April 19, 2024  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary

The CEO of the Science Based Targets initiative (SBTi) has reaffirmed the organisation’s dedication to robust science-based decarbonisation standards, saying he “deeply regrets the concern and distress” caused by a proposed change in its policy regarding offsets.

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