NGO coalition urges DRC to halt plans to lift logging moratorium, warns of climate and governance risks
A coalition of more than 70 environmental, Indigenous rights, and human rights organisations has urged the Democratic Republic of the Congo (DRC) to abandon plans to lift its 23-year-old moratorium on allocating new industrial logging concessions, warning that the move would jeopardise climate commitments, undermine recent forest governance reforms, and expose vast areas of the Congo Basin to unsustainable exploitation.
Read MoreCarbon market association IETA calls for EU ETS overhaul centred on removals, global offsets, UK linkage
IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.
Read MoreINTERVIEW: Future uncertain for Indigenous Peoples as Peru pledges land rights recognition
The government of Peru’s recently announced pledge to improve Indigenous land recognition will only help people secure their territories in the Peruvian Amazon if this high-level statement drives official, long-lasting land demarcation, an Indigenous Kichwa leader told Carbon Pulse.
Read MoreSingapore, Indonesia sign carbon credit MoU, eye deal on Article 6 trade
Singapore and Indonesia have signed a memorandum of understanding on carbon credits, agreeing to identify projects and work towards an implementation agreement under Article 6 of the Paris Agreement.
Read MoreCDR demand to outstrip supply fivefold by 2036 -report
Demand for durable carbon removals (CDR) could outstrip annual supply more than five times by 2036, opening a roughly 50 million tonne shortfall as corporate needs struggle to be met by a market that has issued just 2 mln units to date, according to a new report.
Read MoreMongolia passes first climate change law
Mongolia’s parliament has passed the country’s inaugural law on climate change, creating a legal framework to curb emissions, build climate resilience, and advance the carbon market.
Read MoreIndonesia’s flagship carbon project resumes issuance with 20 mln credits
Indonesia’s flagship project on avoided deforestation re‑entered the global carbon market with the verification of 20 million credits, one of the project managers said.
Read MoreCanadian national carbon credit framework pledged under new multi-billion dollar prosperity agreement
British Columbia and Canada signed a multi-billion dollar prosperity agreement, including a commitment to develop a multilateral National Carbon Credit Framework.
Read MoreCrowdfunding campaign targets regen agriculture soil carbon projects in Spain
A crowdfunding campaign has been launched in Spain to finance the expansion of soil carbon projects, aiming to bridge a financing gap between the adoption of regenerative farming and the issuance of carbon credits.
Read MoreFEATURE: Corporate non-market environmental donations are picking up, driven by employees and business value -experts
Voluntary giving by companies to environmental outcomes outside of formalised markets is starting to pick up this year after a few years of lacklustre growth, with more willingness to go public on action, and for reasons of talent acquisition and business value, according to experts in the field.
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