UN SBSTA vice-chair moves to commodities trading firm
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 MoreIndia to begin trading compliance carbon credits by Oct. 2026
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 MoreIndia moves to establish host country authorisation under Article 6.4
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 MoreKenya draft carbon regulation to impose trading cap, could withhold ITMOs
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 MorePhilippines lawmakers approve carbon trading bill
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 MoreNorway must finalise emissions accounting with EU before sealing Article 6 carbon trade deals
Norway is waiting to finalise important technical elements of its cooperation with the EU on emissions accounting and climate policy before advancing any deals for international carbon trade under the Paris Agreement, it confirmed in a transparency report published on Tuesday.
Read MoreBRIEFING: Could CORSIA be the next Trump target, and what would a US exit mean?
The US’ involvement in the UN’s CORSIA aviation offsetting scheme could soon be on the new Trump administration’s radar – if it’s not already – after the CEO of a major logistics firm said he expects the country to exit the programme. But what would that look like and how are other major countries likely to respond?
Read MoreVCM Report: Credits from African soil carbon project hang in balance to further knock market confidence
Confidence in the integrity of the voluntary carbon market took another blow last week after a court ruling threatened to invalidate credits from the world’s largest soil carbon project, amid continued low prices across the sector.
Read MoreLATAM Roundup: Ecuador, Peru boost access to international markets
Both Ecuador and Peru announced measures last week that could facilitate access to international carbon markets – specifically, Article 6 and the CORSIA UN international aviation offsetting scheme.
Read MoreCarbon Pulse launches new Article 6 Portal
In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement.
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