DATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time
The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.
Read MoreINTERVIEW: Market needs to come to “acceptable compromise” to scale REDD+ projects
International carbon market stakeholders, including standards, rating agencies, and bodies such as the Integrity Council for the Voluntary Carbon Market (ICVCM) and Science Based Targets Initiative (SBTi), must find a path to come to an agreement on REDD+ methodologies if they wish to scale projects in the sector, a market veteran told Carbon Pulse.
Read MoreBRIEFING: Experts confident of strong CORSIA supply and demand, including from US
Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.
Read MoreTokyo-based developer tries again with cookstove JCM methodology
A Japanese project developer has made a second attempt to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), the first of its kind under the scheme if approved.
Read MoreMadagascar “enthusiastic” about Article 6, plans to develop national registry
Madagascar is keen to get involved with Article 6 of the Paris Agreement and is aiming to develop a national registry and standards to start generating credits, the country’s Designated National Authority (DNA) said on Thursday.
Read MoreUN SBSTA vice-chair moves to commodities trading firm
The former vice-chair of the UN’s Subsidiary Body for Scientific and Technological Advice (SBSTA) has moved to a new role at financial services provider and commodities trader.
Read MoreIndia to begin trading compliance carbon credits by Oct. 2026
The Indian government is moving forward in establishing its carbon market, with the trading of first carbon credit certificates in the compliance market expected to happen in Oct. 2026, the market regulator told a conference Wednesday.
Read MoreIndia moves to establish host country authorisation under Article 6.4
The government of India is working to establish host country authorisation procedures under Article 6.4 of the Paris Agreement, a panellist told the Carbon Market Association of India’s (CMAI) climate conference in New Delhi on Wednesday.
Read MoreKenya draft carbon regulation to impose trading cap, could withhold ITMOs
Kenyan draft carbon regulations would establish a ‘carbon budget for trading’ for each UN target-setting period and empower the government to withhold Paris Article 6 ITMO credits in the course of project authorisation, among other provisions.
Read MorePhilippines lawmakers approve carbon trading bill
The Philippines House of Representatives on Tuesday approved a bill that would set up a domestic emissions trading scheme with offset provisions as well as task the government with establishing a framework for trading carbon credits under the Paris Agreement.
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