Romanian forest carbon project pays for full assessment after buyers snub credits due to low ‘estimated’ rating
Europe’s only Verra-certified improved forest management (IFM) project has paid to have the activity fully assessed by a ratings agency after finding out earlier ‘estimated’ quality scores were too low to attract buyers, its developer told Carbon Pulse.
Read MoreLATAM Roundup: Argentina, Brazil advance carbon market plans as region eyes Article 6 demand
Latin American countries advanced carbon market plans last week, with Argentina proposing a carbon credit regime and Brazil outlining the rollout of its future emissions trading system, as the region eyes Article 6 demand to unlock investment.
Read MoreFEATURE: Bipartisan US reforestation bill could strengthen pipeline for carbon, nature projects -experts
A bipartisan US proposal to expand reforestation infrastructure support could ease long-standing supply bottlenecks constraining nature and carbon projects, observers told Carbon Pulse.
Read MoreAustralia can grow carbon removals, biodiversity, and farming in tandem, says report
Australia can generate up to 127 million tonnes of annual carbon removals from land-sector activities by 2050, according to a report published Monday which argued sequestration and biodiversity restoration can occur simultaneously with expanding agricultural production.
Read MoreIndonesia, UNEP expand REDD+ cooperation, back forestry climate goals
Indonesia’s forestry ministry and the UN Environment Programme have signed an agreement to boost cooperation on reducing emissions from deforestation and forest degradation (REDD+).
Read MoreMajor ratings agency outlines principles for high-integrity HFLD credits
A major ratings agency has released principles for high-integrity High Forest, Low Deforestation (HFLD) credits under jurisdictional REDD+ (JREDD+) programmes, following concerns raised by the Integrity Council for the Voluntary Carbon Market (ICVCM) over the ART TREES v2.0 HFLD methodology.
Read MoreFEATURE: EU quietly shifts from pricing agriculture emissions to voluntary carbon farming
The European Commission is pivoting towards voluntary carbon farming and nature credits in its post-2030 climate agenda, while a long-discussed agriculture emissions trading system (ETS), informally dubbed ETS3 or AgETS, has effectively been shelved.
Read MoreUK-based registry first to apply for recognition under EU’s CRCF scheme
A UK carbon removal registry has applied to become an authorised certification body under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, becoming the first to publicly seek recognition under the EU scheme, it announced on Thursday.
Read MoreGulf countries could adopt dual buyer, seller role to optimise Article 6 strategy -report
Trade- and service-oriented members of the Gulf Cooperation Council (GCC) may benefit in the near term from a mixed buyer and seller strategy under Article 6 to achieve lowest-cost mitigation, according to a new report from a Riyadh-based think tank.
Read MoreTwo project developers awarded Singapore EDB grant for expansion
Two carbon project developers have been awarded support from Singapore’s Economic Development Board (EDB) through its Carbon Project Development Grant, they announced separately.
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