VCM Report: Outlook for market brightens in 2025 after tough year
The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.
Read MoreVoluntary carbon market “on ice” as valuation fails to build in 2024 -analysts
The voluntary carbon market saw its value remain at around $1.4 billion last year as spot prices slumped 20%, though analysts still forecast the sector could still grow to the tens of billions by the end of the decade.
Read MoreLATAM Roundup: Region looks inward to meet mitigation goals, Colombia releases CO2 tax data
The new year is poised to springboard domestic compliance markets, regulated voluntary markets, and Paris Agreement projects in Latin America and the Caribbean – but sees reluctance to rely on Article 6 to be a main driver of mitigation – as the region builds internal capacity to launch green growth.
Read MoreUS investment firm seeks funding for carbon projects in the Congo Basin
A New York-based investment firm is seeking funding from corporations and individuals to develop REDD+ carbon projects in the Congo Basin, the company has announced.
Read MoreIndian state launches programme to cut livestock methane emissions 30% by 2030
An Indian state government has launched an initiative to reduce methane emissions from about 20 million dairy animals by more than 30% before the end of the decade and generate carbon credits to empower farmers, it recently announced.
Read MoreBiochar-enhanced soil could supercharge carbon sequestration, say researchers
Adding biochar to soils could significantly boost their capacity to capture atmospheric CO2, potentially playing a pivotal role in combating climate change, according to a new study.
Read MoreUS biodiesel, renewable diesel set for prosperous year after 2024 growth
The US is slated to have surpassed 5 billion gallons of biodiesel and renewable diesel (RD) consumption in 2024, and that momentum is expected to carry into 2025 as sectors continue adopting green fuels.
Read MoreUS Treasury finalises hydrogen production tax credit rules
The US Department of Treasury (DOT) and the Internal Revenue Service (IRS) released on Friday final federal guidance on eligibility for income tax credits in the production of hydrogen established by the Inflation Reduction Act (IRA).
Read MoreClimate finance alliance announces CEO-led restructuring
The UN-launched financial alliance announced its restructuring on Friday along with a shift in focus to address barriers to mobilising capital.
Read MoreChina releases two more methodologies ahead of national voluntary carbon market activation
China released two new methodologies for its national voluntary carbon market, ahead of an initial issuance of credits to the market that is expected in the coming weeks.
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