Myanmar cookstove developer defends first PACM carbon credits after calls for suspension
The developer of the first project to earn carbon credits under the UN’s Paris Agreement Crediting Mechanism (PACM) defended a controversial Myanmar cookstove programme, while acknowledging that conflict and security concerns in the Southeast Asian country forced independent auditors to rely on remote verification.
Read MoreINTERVIEW: Cooling sector could generate Paris credits at scale, with legal caveats
The cooling sector has great potential to generate Paris Agreement carbon credits – especially in the Middle East, North Africa, and Turkiye (MENAT) – but projects must respect the boundaries set by other treaties, said the co-author of a recent report.
Read MoreResponsible use of Article 6 lacking in key buyer, seller countries -analysis
At least four countries using the Paris Agreement’s Article 6 carbon markets mechanisms risk undermining, rather than strengthening, global climate action, according to an analysis published on Tuesday.
Read More‘Reward funds’ could be used to meet foreign credit share of EU’s 2040 climate target -report
The EU could use performance-based reward funds for developing and emerging economies to cover the international component of its 2040 climate target at a cost of around €5 billion in 2040, according to a new policy paper.
Read MoreSB64: INTERVIEW – Zimbabwe makes its case to ICAO for CORSIA credit labels
Zimbabwean officials met Friday in Bonn with members of CORSIA’s Technical Advisory Body (TAB) to understand the TAB’s limits on involving national registries in the scheme, a country representative told Carbon Pulse, citing high stakes for standards and host countries alike.
Read MoreBRIEFING: Global governments urge Brussels to simplify CBAM compliance rules
Governments around the world have urged the EU to simplify what they describe as overly prescriptive and complex requirements for complying with its Carbon Border Adjustment Mechanism (CBAM).
Read MoreIndonesia targets export sale of 30 mln forestry carbon credits in July
Indonesia is looking to launch an international sale of forestry carbon credits next month, offering more than 30 million tonnes of emission reductions to global buyers, according to officials.
Read MoreSB64: FEATURE – Pitfalls in Article 6.2 reporting lead negotiators, observers to ask about iterative review
Negotiators and observers are questioning how the UN’s process of assessing Article 6.2 initial reports could become more iterative and better at isolating major concerns, as common reporting pitfalls have led UN teams to declare inconsistencies in every review to date.
Read MoreTechnical assistance funding backs Congo sustainable land-use project
A sustainable land-use project in the Republic of the Congo has secured catalytic technical-assistance funding to support environmental and social studies aimed at advancing the project towards investment readiness.
Read MoreEU member states agree to extend CBAM to downstream sectors from 2028
EU member states agreed on Friday to extend the bloc’s Carbon Border Adjustment Mechanism (CBAM) to downstream goods from Jan. 2028, while tightening the conditions for temporarily exempting products and broadening the list of goods covered.
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