PREVIEW: Article 6 methodological work underway as focus switches to implementation
The Supervisory Body for the Article 6.4 mechanism (SBM) will meet for the first time this week since the historic carbon markets agreement at COP29 in Baku, with implementation on the agenda as the UN body seeks to push forward with key methodological work for Paris Agreement carbon crediting.
Read MoreID Market: January sees increase in IDX traded volumes, but questions remain over int’l credits
Activity on Indonesia’s National Carbon Exchange (IDX Carbon) saw a jump in January, partly thanks to the commencement of international carbon credit trading on the platform, however questions linger over key elements of the scheme.
Read MoreMangrove restoration offers up to 15:1 benefit-cost ratio, researchers estimate
Restoring mangrove forests could generate billions of dollars in economic and climate benefits, with a global benefit-cost ratio (BCR) as high as 15 to 1, according to a new study.
Read MoreCanada faces higher carbon removal burden under equity-driven policy approach -researchers
Canada will need to scale up its CO2 removal (CDR) efforts significantly beyond its current net-zero commitments if it is to meet global climate fairness standards, according to a new analysis.
Read MoreFlorida biochar company files for bankruptcy protection
A Florida-based company specialising in converting green waste into biochar-rich products has filed for Chapter 11 bankruptcy protection, according to court documents.
Read MoreBrazil issues decree for Indigenous, traditional access to public forests
An interministerial decree in Brazil released this week seeks to regularise access to undesignated federal public forests in the Legal Amazon for Indigenous and traditional communities.
Read MoreINTERVIEW: Energy transition payments make fertile ground for carbon pricing
The $5.2 billion Clean Technology Fund (CTF) is helping to sensitise developing country governments to carbon pricing by supporting energy transition finance and programming, according to an executive at the organisation.
Read MoreBrazilian state signs carbon credits MoU with environmental services firm
A small Brazilian state signed an MoU on Friday with a Sao Paulo-based environmental services firm that entails a carbon project the pair said could be worth more than R$300 million ($51.7 mln).
Read MoreBECCS, DAC small factor in net-zero Canada -report
New projections by a federal regulator suggest carbon capture technologies like bioenergy power generation with carbon capture, utilisation, and storage (BECSS), and direct air capture (DAC) aren’t yet ready to play a major role in Canada’s net-zero future.
Read MoreCalifornia senator makes another attempt to set ground rules for CDR
A California senator introduced a CO2 removal (CDR) bill on Wednesday, the second attempt by the lawmaker to prescribe rules surrounding CDR development in the state in recent years.
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