Carbon removal standard partners with London firm to expand pool of CORSIA insurance options
A carbon removal (CDR) standards body has teamed up with an established London firm in a bid to expand its pool of insurers eligible to underwrite risks associated with supplying the CORSIA aviation offsetting scheme, it announced on Thursday.
Read MoreCOMMENT: Are Your Forest Carbon Projects Leaking?
Recently published research shows how estimates of leakage for forest carbon projects can be significantly improved, which is necessary for addressing an important integrity issue and building confidence in carbon markets as a tool for climate action.
Read MoreGroups call for suspension of first PACM credits over Myanmar junta ties, human rights concerns
The first batch of carbon credits issued under the Paris Agreement’s Article 6.4 mechanism are linked to institutions controlled by Myanmar’s military junta and may have been verified under conditions that made independent oversight impossible, a report claimed on Thursday.
Read MoreUNDP urges Sri Lanka to finalise carbon trading framework for private capital
The United Nations Development Programme (UNDP) has urged Sri Lanka to operationalise and regulate its policy position on carbon trading, warning that private capital will only flow into markets offering predictability, credibility, and clear institutional structures, local media reported.
Read MoreNZ looking at potential NZ$6.6 bln spend to meet NDCs by 2035, says govt
New Zealand could face a bill of up to NZ$6.6 billion ($3.8 bln) to meet its Paris Agreement targets out to 2035, government modelling released Thursday showed.
Read MoreINTERVIEW: Chile estimates implementation phase of two sectorial ETSs by 2030, test Article 6 allocation model
Chile has redefined its landmark baseline-and-credit schemes as emissions trading systems (ETSs) and is now evaluating articulation with the energy sector pilot, an official told Carbon Pulse, while seeing potential in Article 6 to channel investment into hard-to-abate sectors and leverage GHG reductions towards national targets.
Read MoreDominican Republic NDC keeps Article 6 cooperation open, rules out use for reaching target
The Dominican Republic has reaffirmed its intention to engage voluntarily with international carbon markets under Article 6 of the Paris Agreement, while explicitly ruling out their use to meet its own climate targets under its recently submitted Nationally Determined Contribution (NDC) 3.0.
Read MoreSB64: Article 6.2 buyers, host countries clash on user fees to fix €8.6 mln budget shortfall
A rift has emerged in Bonn between Article 6.2 buyer and host countries, as they debate a UN proposal suggesting user fees to plug an €8.6-million hole in the 2026-27 biennial budget, among other options.
Read MoreLEAK: EU Commission weighs extended free allocation, aviation changes in EU ETS review
The European Commission is weighing an extension of free carbon allowances and a review of aviation rules to ensure “an effective carbon price” on international flights, according to a leaked internal paper seen by Carbon Pulse.
Read MoreCOMMENT: Carbon Markets Cannot Claim Integrity While Excluding Women
As carbon markets undergo an integrity reset, treating women’s inclusion as a co-benefit is no longer enough – inclusive finance can help make their contributions measurable, verifiable, and central to the credibility of carbon projects.
Read More