Indian firm teams up with farmers’ cooperative to produce clean ammonia, gets ready for ITMO trading
An Indian renewable energy company has signed an agreement with a major farmers’ cooperative for the production of ammonia through renewable sources and is ready to provide credits to be generated in the international market.
Read MoreIndian govt venture puts Verra-issued voluntary carbon credits up for sale for domestic buyers only
A joint venture under the Indian government has for the first time issued a tender to sell voluntary carbon credits issued by Verra, but only to domestic buyers.
Read MoreArgentina set on carbon markets but other Latin American countries falter -analysts
Argentina’s new government is pursuing voluntary and compliance carbon markets by any means possible, but other Latin American countries are struggling to operationalise adequate legal and technical infrastructure, according to regional experts on a webinar.
Read MoreIntegrity Council approves three voluntary carbon programmes for CCP eligibility
Gold Standard, ACR, and Climate Action Reserve (CAR) have been given the green light by the governing board of the Integrity Council for Voluntary Carbon Markets (ICVCM), marking a step towards the labelling of credits issued via their methodologies with the Core Carbon Principles (CCP) stamp, while Verra, ART TREES, Social Carbon, and Isometric will be assessed by May at the latest.
Read MoreGlobal Carbon Council launches new voluntary CCS methodology for hard-to-abate sectors
The Global Carbon Council (GCC) launched Thursday its wide-ranging carbon capture and storage (CCS) methodology after completing a consultation process that started in November.
Read MoreVoluntary carbon ratings agency co-founder steps down
The co-founder of a voluntary carbon market ratings agency has stepped down from their role at the firm to focus on other tools to fight climate change.
Read MoreSouth Korea looking for international emissions reduction projects to fund
South Korea is planning to allocate a budget of up to 10.9 billion won ($8.09 mln) to subsidise domestic companies that plan to develop emissions reduction projects abroad this year, as the government seeks to secure more international carbon credits.
Read MoreAdvisor tells Indonesia to drop corresponding adjustments for voluntary carbon credits
Indonesia should not focus on applying corresponding adjustments to carbon credits sold abroad in order to better make use of the voluntary market to meet its Paris Agreement commitments, according to a think tank advising the Southeast Asian nation.
Read MoreCanadian carbon offset financier sees project revaluation income boost but faces cash squeeze
A Toronto-headquartered voluntary carbon investor saw positive income in 2023 following a major revaluation of its only credit-issuing project to-date, but needs to raise more cash to fund planned operations for the next 12 months, it reported Tuesday.
Read MoreCORRECTION – Glut of surplus voluntary carbon credits from big four standards hits almost 800 mln
The glut of available credits in the voluntary carbon market started to grow again in March to leave the surplus close to 800 million credits from across the big four standard bodies, according to Carbon Pulse VCM Portal data.
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