COP29: Four carbon negative nations launch G-ZERO forum at the climate summit in Baku
A group of carbon neutral countries including Bhutan, Madagascar, Panama, and Suriname have launched the G-ZERO forum at the COP29 summit in Baku on Tuesday and issued a joint declaration pledging to remain carbon negative “at all times”.
Read MoreCOP29: Approval of Article 6 standards paves way for methodologies from mid-2025
Carbon crediting methodologies may now be approved from mid-2025 following Monday’s COP29 agreement on Article 6.4 standards, but technical details still need to be ironed out both in Baku and once the international market becomes operational, according to experts.
Read MoreCIX to add one REDD project and remove another from its NBS index
Singapore-based Climate Impact X in January will be reinstating one REDD project and removing another from its nature-based standard contract.
Read MoreUS forestry programme outlines guardrails for quality and integrity in new report
A US programme for improved forest management (IFM) carbon projects has published a report outlining the key steps developers must take to ensure the quality and integrity of their projects, tackling issues of additionality, permanence, leakage, and social integrity.
Read MoreCOP29: Indonesia rolls out standard arrangement for bilateral carbon trading
Indonesia on Tuesday launched a Mutual Recognition Arrangement (MRA) to formalise bilateral carbon trading, with Japan the first nation to sign up and others expected to follow.
Read MoreDATA DIVE: VCM moves towards offtake agreements and buying to retire
More and more buyers in the voluntary carbon market (VCM) are moving towards offtake agreements and increasingly buying to retire rather than resell, new data seen and analysed by Carbon Pulse suggests.
Read MoreResearchers work with Verra to evaluate forest carbon leakage in IFM projects
Economists and forestry researchers are working with Verra to develop a framework to better account for the full extent of forest carbon leakage in Improved Forest Management (IFM) projects, including the market-based responses of the global timber market.
Read MoreLATAM Roundup: Brazilian bonanza in carbon markets as COP29 begins
A barrage of developments has come out of Brazil in the week ending Nov. 10 as carbon market observers wait with bated breath for congressional ETS approval this week, setting the stage for a dynamic first week at COP29 in Baku, Azerbaijan.
Read MoreVCM Report: Baku bump lifts spirits after Trump election, liquidity improves in Q4
News of the COP29 presidency securing an early Article 6 outcome during Monday’s opening plenary session lifted spirits in the voluntary market, which had been left uneasy by last week’s election of Donald Trump to the White House despite improving liquidity amid a typical fourth quarter pick-up.
Read MoreCOP29: Presidency secures early Article 6 outcome as parties approve carbon crediting standards
Azerbaijan’s COP29 presidency secured an early endorsement of key methodological standards under Article 6 during Monday’s opening plenary, driven to action by two years of failure at the annual UN climate summit to move forward on the Paris Agreement’s carbon crediting mechanism.
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