Ethiopia to adopt carbon market law, issue 15 mln credits in 2025 -official
The Ethiopian government is planning to put in place its national carbon markets legislation in the first half of 2025 and issue more than 15 million emissions reduction and removal credits in the second half of the year, an official told a World Bank seminar Tuesday.
Read MoreHurdles in applying corresponding adjustments to carbon credits may undermine CORSIA -report
The effectiveness of the CORSIA international aviation offsetting scheme could be limited by implementation challenges such as the structural barriers in applying corresponding adjustments under Article 6 of the Paris Agreement, according to a report released over the weekend.
Read MoreGhana’s Article 6 pipeline teeming with projects, expects ITMO transfer by H2
Ghana has received 70 projects for review in pursuit of eventual authorisation or endorsement, including 45 applications for Article 6 projects with sovereign nations, according to a report published Friday by the country’s Carbon Markets Office (CMO).
Read MoreBRIEFING: Industry groups eye pilot for common ASEAN carbon market by late 2025
The signatories of the ASEAN Common Carbon Framework (ACCF) met this week to discuss the modalities of a common carbon market for the region, expecting to launch a pilot by Q4 2025.
Read MoreBolivia seeks to sell $1.2 bln carbon securities from protection of forests
Bolivia plans to issue $1.2 billion of sovereign carbon securities on or before April 15, a company working on the sale told Carbon Pulse.
Read MoreINTERVIEW: Corporates exposed to carbon taxes more interested in buying Article 6 credits, developer says
There is an increasing demand for Article 6 credits from the private sector, especially from individual companies that are exposed to carbon taxes, a California-headquartered developer told Carbon Pulse.
Read MoreKorea to fund international emissions reduction projects
South Korea has put out its annual call for proposals that could advance the development of international emissions reduction projects.
Read MoreANALYSIS: JCM supply outlook clouded by project development uncertainties, despite solid demand
Japan has pledged to utilise the bilateral Joint Crediting Mechanism (JCM) for its climate ambitions, but the lengthy project development process and changes in the international institutional environment have raised doubts over the programme’s ability to generate a sufficient amount of credits, according to observers.
Read MoreRating agency assigns weak score to first approved PACM carbon project
A carbon rating agency has assigned a relatively low score to the first approved project that has transitioned to the new Paris Agreement Crediting Mechanism (PACM) from the Kyoto-era Clean Development Mechanism (CDM).
Read MoreINTERVIEW: New CORSIA carbon credit supply imminent but insurance sector must rally to scale market
The insurance sector must pull together to help the burgeoning CORSIA carbon market scale, a senior member of the World Bank’s MIGA insurance arm told Carbon Pulse, in the wake of a guarantee agreement with a clean cooking project developer that will see fresh supply imminently made available to buyers.
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