Peru’s national carbon registry looks to launch by COP29 -official

Published 18:37 on October 2, 2024  /  Last updated at 18:37 on October 2, 2024  / /  Americas, Climate Talks, International, Paris Article 6, South & Central, Voluntary

Peru’s environmental ministry aims to launch the country’s carbon registry by November’s COP29 UN climate summit in Baku, a senior official told the Peru Carbon Forum on Wednesday.

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Zimbabwe setting up legal framework for ITMO trade -media

Published 14:57 on October 2, 2024  /  Last updated at 15:30 on October 2, 2024  / /  Africa, EMEA, Paris Article 6, Voluntary

Zimbabwe plans to soon boost its carbon market by opening the door to international trade of ITMO credits under Article 6 of the Paris Agreement.

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Korean companies to launch N2O project in Egypt, target nitric production

Published 10:33 on October 2, 2024  /  Last updated at 10:33 on October 2, 2024  / /  Africa, Asia Pacific, EMEA, International, Paris Article 6, South Korea, Voluntary

A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.

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Saudi firm to launch voluntary carbon exchange at COP29 -media

Published 17:31 on September 30, 2024  /  Last updated at 17:31 on September 30, 2024  / /  Africa, Climate Talks, EMEA, International, Middle East, Paris Article 6, Voluntary

A state-backed Saudi company created to scale up the voluntary carbon market (VCM) in developing countries will launch a trading platform at COP29 and seek to integrate regional markets, local media has reported.

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Singapore, Ghana issue first call for Article 6 projects

Published 15:36 on September 30, 2024  /  Last updated at 15:36 on September 30, 2024  / /  Africa, Asia Pacific, EMEA, Other APAC, Paris Article 6, Voluntary

Singapore and Ghana on Monday issued their first call for projects under their Article 6 partnership, having set out the procedures for the authorisation of carbon offset projects meant to channel financing towards emissions reduction or removals in the African country.

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Malaysia releases updated national climate change policy

Published 12:53 on September 30, 2024  /  Last updated at 12:53 on September 30, 2024  / /  Asia Pacific, Other APAC, Paris Article 6, Voluntary

The Malaysian Ministry of National Resources and Environmental Sustainability (NRES) on Monday announced an updated climate change policy, which includes a new framework for the country’s transition towards a low-carbon economy.

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CWNYC24: BRIEFING – COP29 to encourage private sector role crucial to decarbonisation

Published 22:33 on September 27, 2024  /  Last updated at 00:53 on September 28, 2024  / /  Americas, International, Paris Article 6, US, Voluntary

The private sector is poised to take an increasingly important role in achieving global decarbonisation tasks, according to speakers at the New York edition of the World Climate Summit 2024 this week, in line with Climate Week NYC programming.

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NGOs offer ‘playbook’ to help govts set price for ITMOs

Published 12:51 on September 27, 2024  /  Last updated at 12:51 on September 27, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

Governments face a complex task in setting the price of ITMOs while still staying on track to meet their own climate goals, according to two NGOs, which have teamed up to release a “Ministry Playbook” guide to selling the international carbon credits.

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Laos, Australia, and GGGI consult on Article 6

Published 11:24 on September 27, 2024  /  Last updated at 11:24 on September 27, 2024  / /  Asia Pacific, Australia, Other APAC, Paris Article 6

Laos, which is chair of the Association of Southeast Asian Nations (ASEAN) this year, held an event Thursday to consult on Article 6, while it also hosted a meeting of ASEAN energy ministers.

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INTERVIEW: Undeterred by policy inadequacy, Pakistani non-profit hopes to turn the tide for country’s voluntary carbon market

Published 08:07 on September 27, 2024  /  Last updated at 08:07 on September 27, 2024  / /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

A non-profit in Pakistan is endeavouring to get the much-needed carbon finance into the country heavily impacted by climate change, despite the lack of clear pathways for offset projects to scale.

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