FEATURE: ‘Dual approach’ to Article 6 projects under discussion in Philippines
In developing the framework to authorise Article 6 projects, the Philippines may allow developers to generate ITMOs as long as they also support the country in meeting its NDC by generating a secondary project for the domestic market.
Read MoreCalifornia-based startup ties carbon deals with Mongolian govt, Mitsubishi
A US-headquartered soil carbon startup has signed an agreement with the Mongolian government to introduce regenerative agriculture and provide carbon finance to farmers and herders and with Mitsubishi for a JCM project in the country.
Read MoreTalks on a new global climate finance goal grind to a halt at UN mid-year climate conference
Negotiations on setting a new global climate finance goal have been pushed out to later this year without a clear path for progress ahead, as national diplomats reached an impasse at the mid-year UN climate talks in Bonn on Tuesday.
Read MoreKenya adds ‘flower power’ to extensive carbon markets engagement, forex goals -media
Kenya, a regional frontrunner in the voluntary market (VCM), has announced plans to facilitate carbon project development on flower farms to mitigate emissions and increase foreign exchange earnings for the country, according to local media.
Read MoreGold Standard unveils pilot for carbon crediting climate policies
Governments will soon be able to receive emissions reductions validation via a new policy crediting pilot launched by Gold Standard on Tuesday, with the units expected to be tradable as ITMOs under Article 6 of the Paris Agreement.
Read MoreUPDATE – Prospective Philippines Article 6 registry operator issues call for carbon projects
Maharlika Carbon, which is vying to host the Philippines’ Article 6 registry, on Tuesday issued a call for nature-based, biodiversity, renewable energy, and green technology projects across the Philippines to register on its platform for participation in environmental markets.
Read MoreBRIEFING: Bonn climate finance talks making tentative progress but still far from “nitty gritty”
Negotiators have managed to significantly shorten a text that would move towards creating a new global climate finance goal during mid-year UN climate talks in Bonn, but most of the key details are yet to be hashed out.
Read MoreIndian state-owned firm invites bids for supply of 500 kt/year carbon credit-eligible green ammonia
Under India’s National Green Hydrogen Mission, a state-owned company has invited bids from potential suppliers of over half a million tonnes of green ammonia annually that will be eligible to earn Article 6-aligned carbon credits.
Read MoreBRIEFING: Mood calm in Bonn as Article 6 negotiators appear to have put Dubai chaos behind them
Article 6 negotiators look to be making progress on the technicalities of international carbon trade rules during a crucial UN climate conference in Bonn this week and next, with observers describing the mood in talks as constructive and certain factions appearing open to compromise on key sticking points.
Read MoreSouth Korea, Indonesia sign Article 6 deal
South Korea and Indonesia have signed a Memorandum of Understanding (MoU) on the implementation of projects under Article 6 of the Paris Agreement.
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