COP29: Carbon market infrastructure will need ‘step-up’ before Article 6 scales, rating agency founder says
There still needs to be a major overhaul of registry infrastructure before trading at scale under Article 6 will begin, according to the founder and CEO of a carbon project rating agency.
Read MoreCOP29: Carbon trading in a warzone – Ukraine looks at Article 6 as stepping stone towards EU ETS
Ukraine can sell its emission reductions through the nascent Article 6.2 international market as it gradually establishes a national carbon trading scheme and pursues a link-up with the EU ETS, experts said on the sidelines of the COP29 summit.
Read MoreCOP29: BRIEFING – Philippines to finalise national registry basics by year-end, ready carbon market blueprint by Q2 2025
The Philippines government will finalise the basic work on its national registry by the end of this year and will have a final blueprint for its carbon market framework ready by the end of the second quarter of 2025, the head of the country’s delegation to COP29 in Baku told Carbon Pulse.
Read MoreCarbon project developer in Africa surges ahead with Article 6 activities, expects first authorisation letter soon
A developer of clean cooking and clean water projects in Rwanda and Ghana expects to achieve its first letter of authorisation over the next few months to begin trading carbon credits under Article 6.2, and is in advanced talks with multiple international governments, its CEO told Carbon Pulse.
Read MoreCOP29: Ghana, Singapore further Article 6 relationship
Ghana has announced a step forward under its agreement with Singapore on carbon markets by operationalising the digital trading and settlement of ITMOs under Article 6.2, according to a Wednesday announcement.
Read MoreCOP29: Companies willing to pay “significant” premium for Article 6 carbon credits, finds survey
A survey of over 100 companies has underscored the willingness of investors in carbon markets to pay strong premiums for Article 6-aligned credits.
Read MoreSingapore development agency launches grant programme to fund Article 6 credit projects
Singapore’s Economic Development Board (EDB) has launched a pilot grant programme to support companies in the city-state developing early-stage carbon projects that could generate high-quality credits under Article 6.
Read MorePeru launches registry rules for Article 6, voluntary carbon market
The Peruvian government on Tuesday published regulations to launch and operationalise its long-awaited national carbon registry.
Read MoreCOP29: Approval of Article 6 standards paves way for methodologies from mid-2025
Carbon crediting methodologies may now be approved from mid-2025 following Monday’s COP29 agreement on Article 6.4 standards, but technical details still need to be ironed out both in Baku and once the international market becomes operational, according to experts.
Read MoreCOP29: Roundup for Day 2 – Nov. 12
It is Day 2 at COP29, the start of the two-day World Leaders Summit. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (GMT+4).
Read More