Nearly 100 countries submit DNAs to UN as Article 6 implementation gathers pace

Published 14:02 on December 24, 2024  /  Last updated at 14:02 on December 24, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Paris Article 6

Nearly 100 countries have now submitted their Designated National Authority (DNA) under Article 6.4 to the UNFCCC, indicating growing interest in carbon market participation following the breakthrough on international carbon markets at COP29 in Baku.

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LATAM Year in Review: Carbon markets spring forward as major economies advance pricing schemes

Published 16:04 on December 20, 2024  /  Last updated at 16:04 on December 20, 2024  / /  Americas, Aviation/CORSIA, Carbon Taxes, Climate Talks, International, Mexico, Nature-based, Paris Article 6, South & Central, Voluntary

Carbon Pulse rounds up the most significant carbon pricing trends and developments in the Latin America and Caribbean (LATAM) region for 2024, highlighting a diversifying and increasingly international markets landscape, as major regional powers, notably Brazil, took a big step forward in advancing mechanisms.

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UPDATE – US pledges new 2035 emissions reduction NDC target

Published 14:03 on December 19, 2024  /  Last updated at 23:01 on December 19, 2024  / , and /  Americas, International, Paris Article 6, US, Voluntary

The White House released plans Thursday to reduce economy-wide emissions 61-66% by 2035 as part of its updated nationally determined contribution (NDC), in accordance with the Paris Agreement.

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INTERVIEW: We feel the buzz in wake of COP29 Article 6 decision, says project developer

Published 13:29 on December 19, 2024  /  Last updated at 09:52 on December 20, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

The CEO of a large carbon project developer has said that excitement is building across the voluntary carbon market after countries finalised the Article 6 rulebook at COP29 in Baku.

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Japan, Philippines reject firewood cookstove methodology for JCM

Published 08:16 on December 19, 2024  /  Last updated at 08:16 on December 19, 2024  / /  Asia Pacific, International, Japan, Other APAC, Paris Article 6, Voluntary

The joint committee (JC) regulating the Japan-Philippines Joint Crediting Mechanism (JCM) has rejected two proposed methodologies amid concerns they might lead to over-crediting, including one for high-efficiency firewood cookstoves.

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Revised UN-backed clean cooking methodology sent to voluntary carbon standards

Published 07:33 on December 19, 2024  /  Last updated at 07:33 on December 19, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, Voluntary

A revised draft of the UN-backed clean cooking methodology has been sent to voluntary carbon standards for review and approval, and includes several key changes based on recent stakeholder feedback.

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UN cancels tender to build centralised Article 6 registry system

Published 23:30 on December 18, 2024  /  Last updated at 23:30 on December 18, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Paris Article 6, Voluntary

A UN tender to build a centralised registry system for carbon trading under Article 6 of the Paris Agreement has been cancelled, Carbon Pulse has learned, though an interim solution is expected to be operational by year’s end.

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Zimbabwe launches carbon market framework aligned with Article 6

Published 12:19 on December 18, 2024  /  Last updated at 12:19 on December 18, 2024  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

Zimbabwe has launched a national carbon market framework that aligns national policy with Article 6 of the Paris Agreement, multiple local media sources reported on Wednesday.

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Qatar organisation announces Article 6 carbon credit auctions for early 2025

Published 13:53 on December 17, 2024  /  Last updated at 13:53 on December 17, 2024  / /  Africa, Asia Pacific, EMEA, International, Nature-based, Other APAC, Paris Article 6, Voluntary

A Qatar-based organisation has announced it will hold two auctions early next year for international carbon credits eligible for Article 6 trade.

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Zimbabwe awards Sri Lankan firm licence to build its national carbon registry

Published 22:30 on December 16, 2024  /  Last updated at 22:30 on December 16, 2024  /  Africa, Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

Zimbabwe has awarded a Sri Lankan firm the contract to develop its national carbon registry, as part of efforts to advance its climate policies and align with Article 6 of the Paris Agreement.

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