INTERVIEW: Colombia walks deliberate path to Article 6
Colombia remains committed to engaging Paris Agreement carbon markets, but the process will be systematic and unhurried, external consultants working with the government told Carbon Pulse on the sidelines of the Colombia Carbon Forum in Bogota on Thursday.
Read MoreResearchers urge standardisation across UN, VCM forest carbon crediting methodologies
In order to protect the integrity of forest carbon finance, researchers have called for a standardisation of methodologies across both UNFCCC and voluntary crediting programmes.
Read MoreUPDATE – Carbon market yet to ‘fulfil promise’, former UK PM Blair says
The global carbon market has yet to deliver on its full potential, former UK Prime Minister Tony Blair said in a foreword to a report on resetting climate action from his non-profit.
Read MoreKorean power company to introduce clean brick production, develop Article 6 credits in Nepal
A subsidiary of Korea Electric Power Corporation (KEPCO) has participated in a carbon reduction project to drive down emissions from Nepal’s brick manufacturing sector and secure Paris-aligned carbon credits, it announced Wednesday.
Read MoreFrance backs three climate targets for 2040, says “interested” in Article 6
Paris supports an EU 2040 climate target divided into three sub-objectives – the first on gross emissions reductions to continue on the current path, and two related to carbon removals from natural and engineered solutions, a French official has said.
Read MoreFragmented carbon markets, leakage undermine Paris Agreement targets, say researchers
The path to a global carbon pricing system is fraught with challenges, from market fragmentation to leakage issues, but by fostering regional cooperation and utilising Article 6, countries can bring together disparate mechanisms to make meaningful progress towards Paris Agreement targets, researchers said Tuesday.
Read MoreLATAM Roundup: Compliance schemes progress, voluntary ones draw fire
An action-packed week for LATAM saw government-backed carbon pricing programmes take slow steps forward, while the voluntary market (VCM) experienced a mixed bag of bold announcements and dramatic setbacks.
Read MoreBrazil creates forest carbon regulatory body
Brazil’s environment ministry (MMA) on Monday published an ordinance establishing a forest carbon task force that will help regulate both voluntary and compliance forest carbon markets.
Read MoreFEATURE: Bad idea or trailblazer? Sweden’s e-bike project in Ghana draws polarised views
A Swedish project to finance 48,000 electric motorcycles in Ghana via Article 6.2 of the Paris Agreement has sparked debate in Europe, with one EU lawmaker calling it “a rare, catastrophically bad idea”, while others highlight the project’s potential to drive the transition to e-mobility in the West African country.
Read MoreJapan selects four projects for JCM subsidies, seeks feasibility study proposals
Japan’s environment ministry has decided to subsidise four international emissions reduction projects under the bilateral Joint Crediting Mechanism (JCM).
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