DATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time

Published 18:36 on February 7, 2025  /  Last updated at 18:48 on February 7, 2025  / , , and /  Americas, Asia Pacific, Climate Talks, Data Dive, EMEA, International, Paris Article 6

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 More

INTERVIEW: Market needs to come to “acceptable compromise” to scale REDD+ projects

Published 11:37 on February 7, 2025  /  Last updated at 11:37 on February 7, 2025  / /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

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 More

BRIEFING: Experts confident of strong CORSIA supply and demand, including from US

Published 10:59 on February 7, 2025  /  Last updated at 10:59 on February 7, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, US, Voluntary

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 More

Tokyo-based developer tries again with cookstove JCM methodology

Published 07:43 on February 7, 2025  /  Last updated at 07:43 on February 7, 2025  / /  Asia Pacific, Japan, Other APAC, Paris Article 6

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 More

Madagascar “enthusiastic” about Article 6, plans to develop national registry

Published 14:51 on February 6, 2025  /  Last updated at 15:11 on February 6, 2025  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

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 More

UN SBSTA vice-chair moves to commodities trading firm

Published 18:04 on February 5, 2025  /  Last updated at 18:04 on February 5, 2025  / /  Americas, Aviation/CORSIA, Bavardage, International, Kyoto Mechanisms, Paris Article 6, South & Central, Voluntary

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 More

India to begin trading compliance carbon credits by Oct. 2026

Published 13:58 on February 5, 2025  /  Last updated at 13:58 on February 5, 2025  / /  Asia Pacific, Climate Talks, Other APAC, Paris Article 6, Voluntary

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 More

India moves to establish host country authorisation under Article 6.4

Published 10:45 on February 5, 2025  /  Last updated at 11:16 on February 5, 2025  / /  Asia Pacific, Other APAC, Paris Article 6

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 More

Kenya draft carbon regulation to impose trading cap, could withhold ITMOs

Published 20:28 on February 4, 2025  /  Last updated at 20:28 on February 4, 2025  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

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 More

Philippines lawmakers approve carbon trading bill

Published 17:56 on February 4, 2025  /  Last updated at 17:56 on February 4, 2025  / /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

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.

Read More