ANALYSIS: Forest carbon credits may find a home in Article 6
Forestry carbon credits, including from REDD and ARR reforestation sectors, now have the green light to scale via Paris Agreement carbon markets, following last month’s historic decision at COP29, but the exact methodologies that will be used, and strength of demand, remain uncertain.
Read MoreCIX to launch CORSIA carbon credit spot contract
Singapore-based Climate Impact X (CIX) Thursday announced plans to launch its first standardised physical spot contract for Eligible Emissions Units (EEUs) under the CORSIA international aviation offsetting scheme.
Read MoreZimbabwe’s sovereign REDD baseline is transparent, complete, say UN assessors
A UN technical assessment team has concluded that the data and information used by Zimbabwe to construct its official forest carbon baseline are transparent, complete, and aligned with UN REDD guidance, potentially opening the country up to future sovereign forestry credit issuances.
Read MoreFEATURE: Carbon market experts see huge potential for crediting SF6 emissions mitigation from grid expansion
Market experts see significant potential in crediting the reduction of sulphur hexafluoride (SF6) emissions linked to grid expansion in the power sector and the clean energy transition, with a German government-backed initiative also looking at the role of carbon finance in the relatively untapped field of mitigation.
Read MoreGold Standard flags World Bank’s MIGA as its only recognised insurance policy for CORSIA credits
Gold Standard on Monday published new guidance on the approval process of its carbon credits for use under the first phase of the CORSIA global aviation offsetting scheme, stating that only projects insured via the World Bank’s Multilateral Investment Guarantee Agency (MIGA) will be deemed eligible.
Read MoreLiberia national carbon policy to push Article 6 markets, achieve UN targets
Liberia plans to design a national policy on carbon markets as a precursor to instituting legal and governance frameworks for Article 6 carbon trading under the Paris Agreement, with the ultimate goal of achieving its forthcoming Nationally Determined Contribution (NDC) UN climate targets.
Read MoreBRIEFING: Article 6 causing confusion for corporate buyers – but should boost confidence long term
The agreement on Article 6 at COP29 last month is raising confusion among corporate carbon credit buyers but it should boost confidence in the market longer term, participants told an industry conference last week.
Read MoreBullish momentum building in voluntary carbon market for 2025 -analysts
Next year could be a turning point for the beleaguered voluntary carbon market because the underlying fundamentals have stayed robust, particularly the rising number of companies setting SBTi climate targets, despite a tough year, according to analysts in a new report.
Read MoreSwiss NDC target ‘insufficient’, lacks transparency on carbon offsets -report
Switzerland’s Nationally Determined Contribution (NDC) and overall climate targets, policies and finance have been rated as “insufficient” in a new analysis released on Thursday.
Read MoreJapan begins work to align JCM registry with Article 6
Japan has opened a public consultation on rules aimed at providing clarity on the registration of international emissions reductions under the Joint Credit Mechanism (JCM) in line with Article 6 of the Paris Agreement.
Read More