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Thai industry group sets up Southeast Asian state’s first carbon market exchange

Published 10:00 on September 22, 2022  /  Last updated at 10:00 on September 22, 2022  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

Thailand has established its first carbon credit exchange in an effort to boost the private sector’s role in emissions reduction and contribute to the Southeast Asian country’s broadly stated goal to reach carbon neutrality by 2050, it was announced this week.

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Fintech firms team up to improve carbon credit transparency via Singapore blockchain registry

Published 10:08 on September 21, 2022  /  Last updated at 10:08 on September 21, 2022  /  Asia Pacific, EMEA, International, Other APAC, Voluntary Market  /  No Comments

Two fintech firms based in Singapore and France have formed a partnership to promote data-backed carbon credits with end-to-end traceability in a project that will enable greater transparency of the carbon credit lifecycle, with buyers and users able to access attributes and data of carbon credits via a standardised registry, they announced on Wednesday.

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Insurance broker Aon partners with nature project developer to help ease risks

Published 20:44 on September 20, 2022  /  Last updated at 00:35 on September 22, 2022  /  Africa, Americas, Asia Pacific, EMEA, Kyoto Mechanisms, Nature-based, Other APAC, South & Central, Voluntary Market  /  No Comments

Aon on Tuesday announced plans to become the first major insurance provider to partner with a project developer to help de-risk nature-based projects vulnerable to fire and other perils.

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Salesforce introduces platform to buy rated carbon credits

Published 16:07 on September 20, 2022  /  Last updated at 16:07 on September 20, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, International, Mexico, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary Market  /  No Comments

US software giant Salesforce launched its Net Zero Marketplace on Tuesday, offering carbon credits vetted by third party ratings agencies while also announcing its inaugural providers and other partners.

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PNG launches climate, biodiversity fund with focus on nature-based solutions

Published 09:54 on September 20, 2022  /  Last updated at 09:55 on September 20, 2022  /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary Market  /  No Comments

Papua New Guinea has launched its first biodiversity and climate fund and is calling for project submissions that focus on biodiversity protection, climate change resilience, and nature-based solutions.

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Carbon credit public metadata project prepares for October launch

Published 20:05 on September 15, 2022  /  Last updated at 20:50 on September 15, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Infrastructure that aims to compile and standardise information from the world’s fragmented carbon markets will launch to the public next month, with partners and founders at the World Bank Group providing more details on how the metadata platform will operate and help scale the market.

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Japan spearheads new global effort to spur international emissions trade

Published 09:16 on September 14, 2022  /  Last updated at 09:16 on September 14, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, Climate Talks, EMEA, International, Japan, Nature-based, New Zealand, Other APAC, Paris Article 6, South Korea, Voluntary Market  /  No Comments

Japan this week hosted more than 30 governments and organisations at a meeting aiming to launch a new global partnership this year to encourage more nations to participate in international emissions trade and implement Article 6 of the Paris Agreement.

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Malaysia’s Sarawak to start local carbon trading scheme in 2023, official says

Published 07:23 on September 14, 2022  /  Last updated at 07:23 on September 14, 2022  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

The Malaysian state of Sarawak is expected to start trading carbon by next year, a government official told local media Wednesday.

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Sovereign ownership could increase risk to voluntary carbon market -experts

Published 21:43 on September 13, 2022  /  Last updated at 01:26 on September 14, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Nature-based and other offsets could follow other resources that have seen governments clamp down on private activity as nations set about meeting their Paris Agreement climate pledges, a conference heard on Tuesday.

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Ratings agency promises expert-level approach to carbon project assessment

Published 14:00 on September 13, 2022  /  Last updated at 11:27 on September 13, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A carbon credit ratings agency announced a new service on Tuesday that provides quality indicators for more than 150 carbon projects, promising transparent, comparable, and comprehensive assessments of underlying carbon and sustainability claims while using an expert panel to vet its approach.

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