Mexican government circulates draft regulation for national voluntary carbon registry, price index with Article 6 provisions

Published 22:40 on March 4, 2024  /  Last updated at 22:40 on March 4, 2024  / Alejandra Padin-Dujon /  Americas, Carbon Taxes, Climate Talks, International, Mexico, Paris Article 6, Voluntary

The Mexican government distributed a draft regulation for the national voluntary carbon market (VCM) at a stakeholder workshop last week that would create a centralised record of VCM data, a national price index, and authorisation procedures for international carbon trading under Article 6.2 of the Paris Agreement, according to a leaked draft seen by Carbon Pulse.

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VCM Report: Voluntary carbon buyers sitting on sidelines despite high levels of credit retirements

Published 17:24 on March 4, 2024  /  Last updated at 17:24 on March 4, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Prices failed to budge, liquidity was thin last week, and there was a mix of opinion about the direction of the voluntary carbon market, with sources reporting a flood of new offers posted while others noted the cupboard was starting to run bare of good quality.

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Canadian carbon offset developer leverages MRV technology in vertical integration rebrand, dual listing effort

Published 16:57 on March 4, 2024  /  Last updated at 16:57 on March 4, 2024  /  Africa, Americas, Bavardage, Canada, EMEA, Mexico, Nature-based, Voluntary

A Canadian-headquartered voluntary offset project developer has partnered with an MRV technology firm run by one of its co-founders to pursue vertical integration amid a company rebrand and proposed dual share listing.

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ICVCM revises down number of voluntary carbon credit methodologies assessed for integrity stamp, but promises quick turnaround

Published 13:00 on February 29, 2024  /  Last updated at 16:12 on February 29, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Nearly all the assessements of voluntary carbon market methodologies currently under review for the Core Carbon Principles (CCPs) stamp of high integrity, accounting for some 850 million credits, will be concluded by the end of September, the Integrity Council for Voluntary Carbon Markets (ICVCM) told Carbon Pulse on Thursday.

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Idle ships at anchor to earn voluntary carbon credits under new Gold Standard methodology

Published 00:01 on February 29, 2024  /  Last updated at 15:09 on February 28, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Voluntary

Idle ships at anchor around the globe will be able to earn carbon credits under a new methodology approved by Gold Standard.

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VCM Report: Second oil major makes a splash in retirement of voluntary carbon credits

Published 16:55 on February 26, 2024  /  Last updated at 17:21 on February 26, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.

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One size does not fit all for carbon pricing in Latin America, say experts

Published 14:52 on February 26, 2024  /  Last updated at 14:52 on February 26, 2024  / Alejandra Padin-Dujon /  Americas, Carbon Taxes, Mexico, Nature-based, South & Central, Voluntary

Some carbon pricing policies are better suited than others for the different countries in Latin America, according to experts, as the region branches out from purely voluntary models.

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VCM Report: Integrity drive undermined by large trade in near-worthless voluntary carbon credits

Published 17:12 on February 19, 2024  /  Last updated at 17:12 on February 19, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

Prices barely moved last week and trade thinned to curtail some early exuberance of a revival of the voluntary carbon market this year after a trough in the second half of 2023, although retirement levels remained healthy.

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Canadian carbon offset developer reaches agreement on mangrove project for up to 10 mln credits

Published 16:34 on February 12, 2024  /  Last updated at 16:47 on February 12, 2024  / Graham Gibson /  Americas, Canada, Mexico, Nature-based, Voluntary

A Vancouver-headquartered nature-based carbon offset project developer announced Monday an agreement with a global project developer for a joint mangrove restoration project in a Mexican state with the potential to generate over 10 million credits.

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Global carbon markets post 2% increase in value in 2023 -analysts

Published 23:24 on February 9, 2024  /  Last updated at 10:44 on February 12, 2024  / Roy Manuell /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Paris Article 6, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary

Global carbon markets expanded for a fifth straight year in 2023, though the 2% annual growth rate was significantly slower compared to the prior year, analysts said.

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