Switzerland’s Alpiq hires veteran European emissions trader

Published 17:21 on December 6, 2024  /  Last updated at 17:21 on December 6, 2024  /  Bavardage, EMEA, EU ETS, Switzerland

Switzerland’s Alpiq has hired a veteran trader for its European emissions desk.

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Ghana Article 6.2 cookstoves project accused of over-crediting by non-profit

Published 14:16 on November 21, 2024  /  Last updated at 08:43 on November 22, 2024  / and /  Africa, EMEA, International, Paris Article 6, Switzerland

A Swiss NGO has alleged that a clean cooking project developed under a bilateral agreement between Ghana and Switzerland is using assumptions that inflate issuances of credits generated under Article 6.2 of the Paris Agreement, known as Internationally Transferred Mitigation Outcomes (ITMOs).

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COP29: INTERVIEW – Morocco readies Article 6 framework, expects ITMO offtakes in 2025

Published 11:28 on November 16, 2024  /  Last updated at 11:28 on November 16, 2024  / /  Africa, EMEA, International, Middle East, Paris Article 6, Switzerland

Morocco will launch and implement an Article 6 framework in the coming months, culminating in offtake agreements involving millions of Internationally Transferred Mitigation Outcomes (ITMOs), according to a government advisor speaking to Carbon Pulse on the sidelines of COP29 in Baku.

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COP29: Ghana Article 6 activities mobilise $800 mln, says president

Published 12:30 on November 14, 2024  /  Last updated at 12:30 on November 14, 2024  / /  Africa, EMEA, International, Paris Article 6, Switzerland

Ghana has mobilised $800 million by hosting carbon projects through Article 6.2 of the Paris Agreement, President Nana Akufo-Addo revealed at COP29, precipitating emissions cuts through bilateral agreements with primarily European buyer countries.

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LATAM Roundup: A big week for the Paris Agreement’s Article 6

Published 23:54 on October 14, 2024  /  Last updated at 23:54 on October 14, 2024  / /  Americas, Carbon Taxes, Climate Talks, EMEA, International, Kyoto Mechanisms, Paris Article 6, South & Central, Switzerland, Voluntary

The week ending Oct. 13, which saw the UN Supervisory Body (SBM) for Article 6.4 circumvent negotiators to help operationalise Paris carbon markets, also welcomed key Article 6 statements out of Chile, ranging from new projects to potential use cases for Paris Agreement credits.

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BRIEFING: Chile welcomes nearly a dozen projects into Article 6 pipeline

Published 23:06 on October 8, 2024  /  Last updated at 18:22 on October 10, 2024  / /  Americas, EMEA, International, Paris Article 6, South & Central, Switzerland

Chile has nearly a dozen Article 6.2 projects in various stages of development and is working to develop an official taxonomy of priority project types, Carbon Pulse heard at the Chile Carbon Forum in Santiago on Tuesday.

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EU ETS non-compliance rate dips following surrender deadline extension

Published 22:05 on October 3, 2024  /  Last updated at 22:18 on October 3, 2024  / /  EMEA, EU ETS, Switzerland

The share of EU ETS-regulated installations and aircraft operators that are in non-compliance with the scheme has dropped below 3% for the first time in four years, after the annual permit surrender deadline was extended by five months.

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Global solar installations smash expectations, rising almost a third year-on-year

Published 00:01 on September 19, 2024  /  Last updated at 16:53 on September 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, South Korea, Switzerland, US

Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.

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Swiss group awards letter of support to biogas carbon project in Ghana under Article 6

Published 15:10 on September 13, 2024  /  Last updated at 15:10 on September 13, 2024  / /  Africa, EMEA, International, Paris Article 6, Switzerland

The Swiss industry agency entrusted by its government with arranging Article 6.2 bilateral agreements has provided written and financial support to a biogas project in Ghana, a global forerunner in Paris Agreement carbon trading deals.

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Swiss DAC company needs to raise $9 bln in six years to scale

Published 17:12 on September 12, 2024  /  Last updated at 17:12 on September 12, 2024  / /  EMEA, Switzerland, Voluntary

A Swiss direct air company will require $9 billion to reach its gigatonne-scale ambitions by 2030, a senior figure at the company said on Thursday.

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