PREVIEW: High hopes for Indonesian exchange’s first international carbon credit sale, but doubts raised over buyer interest
Indonesia’s first international sale of carbon credits on its national exchange next week has been hailed as an exciting development for the country’s market, but observers have raised concerns that there could be a lack of interested buyers for a multitude of reasons.
Read MoreSwitzerland commits millions for carbon removal projects
Switzerland has opened a funding round worth CHF 100 million (€106 mln) to develop carbon removal projects in the country, the government announced Thursday.
Read MoreCARBON FORWARD MIDDLE EAST: Arab League, voluntary carbon standard to sign Article 6 MoU -executive
The Arab League will next week sign a memorandum of understanding (MoU) with a voluntary carbon standard to build capacity for Paris Agreement carbon markets, an executive told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreCarbon credit rating agency BeZero secures $32 mln to push total funding past $100 mln
BeZero Carbon has secured $32 million in fresh funding to help expand its rating coverage to Article 6 credits, the international aviation emission scheme CORSIA, and the voluntary sector.
Read MoreIraq, UK sign cooperation deal on carbon markets, energy transition
Iraq signed a memorandum of understanding (MOU) with the British government on Tuesday that would support carbon market development, among other decarbonisation aims, according to the Iraqi Prime Minister’s Office.
Read MoreWEF calls for hybrid approach of unilateral, multilateral schemes towards global carbon pricing
Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said.
Read MoreLATAM Roundup: Southern neighbours press on with green transition amid US inauguration, RenovaBio market tightens
With the US presidential inauguration just one week away, heralding the return of former President Donald Trump, Latin American strides forward on carbon markets and energy transition contrast with the predicted pall over US climate policy.
Read MoreSouth Korea, Honduras sign REDD+ partnership
South Korea and Honduras have signed a deal to strengthen their collaboration on REDD+ projects, as Seoul seeks to extensively source forest-based carbon credits to meet its 2030 national climate targets.
Read MoreCARBON FORWARD MIDDLE EAST: Top 5 trends shaping MENA carbon markets in 2025
The Middle East and North Africa (MENA) represent a small but increasingly dynamic segment of international carbon markets, with five trends from the past year defining regional engagement.
Read MoreBhutan publishes ART TREES concept note, aims for ITMOs
The Secretariat of the ART TREES standard on Friday announced it had added Bhutan’s jurisdictional REDD+ concept note to the ART Registry, wherein the Himalayan country has also committed to following protocols to issue Internationally Transferred Mitigation Outcomes (ITMOs) under the Paris Agreement.
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