COP29: Global securities regulators group unveils recommendations to improve voluntary carbon market integrity, transparency
A global group of securities regulators on Thursday published new recommendations aimed at improving transparency and reliability in the voluntary carbon market (VCM), while also unveiling a partnership with the World Bank.
Read MoreCOP29: South Korea seeks Article 6 opportunities in blue carbon, forestry projects
South Korea is seeking to expand international partnerships on blue carbon and forestry projects, as part of its efforts to secure credits aligned with Article 6 of the Paris Agreement.
Read MoreCOP29: CDP, GRI join forces to boost corporate disclosures on biodiversity
Non-profit CDP and disclosure standard the Global Reporting Initiative (GRI) have partnered to improve corporate assessments of nature-related impacts, they announced Thursday at the ongoing COP29 UN climate summit in Azerbaijan.
Read MoreCOP29: Brazilian state poised to offer REDD+ carbon credits worth millions
A rainforest-rich Brazilian state will aim to sell REDD+ carbon credits worth hundreds of millions as part of sales facilitated by an international commodities trader, its government said at COP29.
Read MoreCOP29: Brazilian state signs J-REDD+ credits deal with environmental management firm
A Brazilian state government has entered into an agreement with an environmental management firm to commercialise Jurisdictional REDD+ (J-REDD+) carbon credits while boosting sustainable investments and supporting local communities within the Amazon region.
Read MoreBrazil’s Senate overcomes long-standing impasse, approves national ETS legislation
Brazil’s Senate voted Wednesday to approve landmark national ETS legislation, overcoming a year of negotiations to pass a cap-and-trade scheme set to be the largest in Latin America.
Read MoreUS-based cleantech firm launches new carbon removal RFP with accelerated, streamlined review process
A US-based provider of sustainable technology solutions on Wednesday launched a new request for proposals for CDR technologies, pledging a smoother and more expeditious experience for applicants.
Read MoreCOP29: Brazil second country to submit new NDC round, aims to cut emissions by two-thirds
Brazil submitted its nationally determined contribution (NDC) plan that entails reducing emission by up to two-thirds to the UNFCCC at COP29 on Wednesday, but observers cautioned that the country needs to take steps to ensure its ambitions are met.
Read MoreCOP29: Carbon market infrastructure will need ‘step-up’ before Article 6 scales, rating agency founder says
There still needs to be a major overhaul of registry infrastructure before trading at scale under Article 6 will begin, according to the founder and CEO of a carbon project rating agency.
Read MoreCOP29: BRIEFING – Philippines to finalise national registry basics by year-end, ready carbon market blueprint by Q2 2025
The Philippines government will finalise the basic work on its national registry by the end of this year and will have a final blueprint for its carbon market framework ready by the end of the second quarter of 2025, the head of the country’s delegation to COP29 in Baku told Carbon Pulse.
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