One size does not fit all for carbon pricing in Latin America, say experts
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.
Read MoreVCM Report: Integrity drive undermined by large trade in near-worthless voluntary carbon credits
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.
Read MoreCanadian carbon offset developer reaches agreement on mangrove project for up to 10 mln credits
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.
Read MoreGlobal carbon markets post 2% increase in value in 2023 -analysts
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.
Read MoreTumbling biochar prices tap into growing demand in nascent carbon removals market
Crashing prices have boosted interest in biochar credits in the nascent carbon removal market, although big ticket punts have catapulted direct air capture (DAC) as well as bioenergy with carbon capture and storage (BECCS), into the limelight and skewed emerging drivers of demand, a review of 2023 has revealed.
Read MoreVCM Report: Corporates not waiting for ICVCM’s CCP label to retire carbon credits
News of the Integrity Council for Voluntary Carbon Markets (ICVCM)’s progress report dominated the voluntary market that, for the second week running, was thin on activity but high on retirement volumes.
Read MoreHigh retirements of carbon credits in January shrinks oversupply for second month in a row
Retirements of carbon credits from the four largest voluntary carbon registries topped 20 million and outstripped issuances in January, although momentum slowed from the surprisingly high level of retirements in December, data from the Carbon Pulse VCM Portal shows.
Read MoreVCM Report: Carbon credit prices edge lower, cookstoves shrug off bad press
A few big ticket bids kept interest alive in the voluntary carbon market last week that generally edged lower amid thin liquidity, bashed by another bout of bad press.
Read MoreAxis and allies: Researchers map countries likely to support, oppose EU’s CBAM
Researchers have identified the countries most likely to the support the EU’s Carbon Border Adjustment Mechanism (CBAM), and therefore which governments are most willing to accept it amid an objective of securing the policy’s survival and broader adoption globally.
Read MoreSurvey adds pressure on SBTi to allow carbon credits for Scope 3 emissions targets
Pressure is mounting on the Science-Based Targets initiative (SBTi) to allow companies to use carbon credits to meet emissions reductions targets, after a survey of corporate big hitters found a healthy majority said it would galvanise meeting their mitigation goals.
Read More
