INTERVIEW: Honduras wants $25/t for soon-to-be issued Article 6 forestry credits
Honduras will target international sales of Article 6-compliant REDD+ credits, due to be issued next year, at a price of at least $25/tonne, the country’s environment minister confirmed to Carbon Pulse on Thursday, and is already in discussion with buyers to complete transactions in 2025.
Read MoreParaguayan Senate passes carbon credit regulation bill with amendments
Legislation outlining regulation of the voluntary carbon credit market passed Paraguay’s Senate this week by a significant margin following a number of amendments, and now goes to the country’s Chamber of Deputies before it can become law.
Read MoreCalifornia introduces international initiative to address methane emissions
California on Wednesday announced an international climate initiative targeting methane reduction and mitigation, as seven signatories from six countries participated in the launch event at New York Climate Week.
Read MoreLatin American company partners with US climate tech firm for carbon project development
A US-based climate tech firm secured additional funds from an e-commerce company to implement nature-based carbon projects in Latin America, the companies announced Thursday.
Read MoreWCI jurisdictions should pursue Pan-American carbon market linkages, Quebec official says
North American jurisdictions participating under the linked WCI cap-and-trade market should pursue future linkages with Latin American states, and the only barrier to carbon markets integrating across the Western Hemisphere is price differential, a Quebec government official said Wednesday.
Read MoreBrazil ETS bill slated for Senate vote next week, as numerous amendments incorporated
The Brazil Senate Environmental Committee on Wednesday delayed a vote on amended cap-and-trade legislation until next week, with new changes seeking to more fully exempt certain sectors from compliance obligations and promote the role of nature-based carbon credits.
Read MoreThree rainforest nations poised to offer tens of millions of sovereign carbon credits under Article 6
Three more forest-rich countries are set to imminently offer up tens of millions of sovereign REDD+ units under Article 6 of the Paris Agreement, with Suriname, the first to already have had such issuances verified, expecting to complete sales of its carbon credits to buyers in the coming months at a targeted price of at least $30/tonne.
Read MoreBrazilian firm launches new forest carbon methodology
A Brazil-based green economy firm on Wednesday announced a new methodology to generate over a million carbon credits from the country’s Atlantic Forest.
Read MoreBrazil plans return to more stringent 2015 Paris NDC targets, installs ETS working group
A group of government ministers have agreed to revert Brazil’s emissions cuts back to the country’s 2015 Paris pledges, and have set up several working groups to develop a more ambitious plan and implement the country’s Emissions Trading System (SBCE), among other resolutions the environment ministry announced Friday.
Read MoreStudy points to promising CO2 sequestration potential of ERW in tropical agriculture sectors
Using enhanced rock weathering (ERW) in the agricultural sectors of tropical regions offers promising potential to combat climate change while enhancing crop yields, a study has found.
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