Norway, Iceland struggling to meet their old 2030 climate targets -report
Norway faces a significant shortfall in reaching its previous 2030 emissions reduction goal of 40% below 1990 levels, while Iceland could also fall short of tighter targets, according to a report published last week.
Read MoreBrazilian REDD+ frameworks must address planned deforestation risk – developers’ group
A group of Brazil-based nature-based solutions carbon credit project developers said in a technical note last week that the development of jurisdictional REDD+ approaches (J-REDD+) in the country must better address the risk of planned deforestation.
Read MoreLATAM Roundup: Countries press pause, press on, press regulation
The week ending Nov. 3 saw hugely varied news for carbon markets in Latin America and Caribbean, alternately accelerating and decelerating market development in core and emerging markets like Brazil, Argentina, and Panama.
Read MoreVCM Report: CORSIA impact yet to appear despite approval of major carbon standards
Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.
Read MoreUS ELECTIONS PREVIEW – PART 4: CO2 pipelines dominate US Heartland environmental policy discourse ahead of elections
In the US Heartland CO2 pipeline controversy has brought glimmers of environmental policy to the region otherwise dominated by Republican trifectas, none of which are expected to shift at the upcoming November elections.
Read MoreUS ELECTIONS PREVIEW – PART 3: Southern Republicans to continue pursuit of CCS, IRA investments after US elections
Southern US Republican lawmakers are expected to retain a grip on state legislatures in the region after the November elections, while continuing to avail of clean technology investments spurred by the Inflation Reduction Act (IRA), and promoting carbon capture and storage (CCS) in the region.
Read MoreUS ELECTIONS PREVIEW – PART 1: Policy implementation hurdles constrain WCI market schemes across US West as elections near
US West Coast states envisioned additional emissions reduction policies in the past legislative year, but implementation challenges have placed Washington’s carbon market on the ballot, with close elections in Arizona and Nevada that could dictate the future of environmental policy at a state and federal level.
Read MoreCarbon markets falling far short of potential to support least developed countries, UN warns
Carbon markets are fulfilling just a tiny fraction of their potential to shore up much-needed climate finance in the world’s 45 least developed countries, with credits issued from both the voluntary and UN-run schemes concentrated in just a few countries, according to a report published on Monday.
Read MoreInsurance broker launches facility to manage carbon credit fraud risk
An international insurance broker has launched a new facility to help organisations manage fraud risk associated with carbon credits, it said Monday.
Read MoreExchange completes first block trades of carbon futures
An exchange has completed the first two block trades of its physically-settled carbon futures, including volume for credits eligible for the current phase of the CORSIA international aviation offsetting scheme.
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