Colombia’s incoming environment minister vows carbon market revival, reversing outgoing government’s measures -media
Colombia’s incoming environment minister has pledged to revive the country’s carbon market by reversing key policies introduced under the outgoing administration, including a cap on the use of carbon credits to offset the national carbon tax and controversial draft regulations governing carbon projects.
Read MoreMexican state signs agreement to explore jurisdictional ART carbon programme
A Mexican state has signed an agreement to assess the development of a jurisdictional forest carbon programme under the Architecture for REDD+ Transactions (ART) TREES standard covering almost 3 million hectares, it announced this week.
Read MoreEuropean Parliament blocks EU bid to strip soy biofuels of green label
The European Parliament on Wednesday blocked a European Commission proposal that would have stripped soy-based biofuels of their renewable status.
Read MoreCDR MONTHLY: Market consolidates after SBTi update provides long-term boost
June saw the durable CDR market consolidate as developers digested an announcement from the Science Based Targets initiative’s (SBTi) that will see a demand boost in the long term, as monthly contracted tonnes fell to around 350,000 tonnes in deals.
Read MoreCarbon project pathway under review for Kenya land restoration, biomass initiative
A proposed Kenya land restoration and renewable biomass initiative could advance into carbon project development if a new feasibility assessment finds it technically and commercially viable, a Canada-based carbon offset provider said on Wednesday.
Read MoreSingapore-based carbon platform partners with futures exchange to ease carbon trading
A Singapore-based price assessment platform has linked up with a futures exchange to ease trading hedging risk in carbon markets, it was announced Wednesday.
Read MoreCorporate buyers commit to 635k carbon removals from Indonesia restoration project
Two major corporate buyers have agreed to purchase more than 635,000 carbon removals over 10 years from an agroforestry project seeking to restore 6,000 hectares of degraded land in Indonesia’s Sulawesi, the project developer said.
Read MoremCDR company hands off US pilot project to philanthropic initiative
A marine carbon removal (mCDR) company has handed over its US pilot project to a philanthropic initiative, which has a new goal of establishing a non-profit research hub in the region.
Read MoreVerra moves ahead with tighter soil carbon rules for sustainable grasslands credits
Sustainable grasslands carbon projects under a revised Verra methodology would need to validate soil carbon models against changes over time, rather than one-off stock measurements, according to a Tuesday announcement.
Read MoreCarbon finance is becoming a major revenue source for US biochar producers, survey data shows
Carbon finance is playing an increasing role in the US biochar market, according to a survey-based report published Tuesday that found national production estimates rose 32% per year between 2023 and 2025 and estimated industry value nearly tripled.
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