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AirCarbon Exchange ties up with market surveillance platform

Published 06:50 on August 16, 2022  /  Last updated at 06:50 on August 16, 2022  /  Asia Pacific, Bavardage, EMEA, International, Middle East, Other APAC, Voluntary Market  /  No Comments

Singapore-based voluntary carbon trading platform AirCarbon Exchange (ACX) has teamed up with trade surveillance provider Eventus to monitor market activities in a bid to prevent activities like market manipulation or money laundering.

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DRC oil auction plots likely to go cheap, bolstering hopes for VCM project

Published 19:44 on August 15, 2022  /  Last updated at 19:45 on August 15, 2022  /  Africa, Voluntary Market  /  No Comments

Plots of tropical rainforest and peatland put up for sale as oil blocks in the Democratic Republic Of Congo (DRC) would likely be sold cheaply, an analyst told Carbon Pulse on Monday, bolstering the hopes of a group of carbon crypto activists who want to use the power of carbon markets to stop big oil.

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VCM Report: Nature-based curve stretches out amid demand for new vintages

Published 19:04 on August 15, 2022  /  Last updated at 19:04 on August 15, 2022  /  Africa, Americas, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

VERs were steady for prompt and nearby offset prices this week, maintaining the uptick seen at the end of the previous week, while later dated vintages for nature-based credits climbed higher.

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Canada-based offset developer signs up with registry for South American projects

Published 17:52 on August 15, 2022  /  Last updated at 17:52 on August 15, 2022  /  Americas, Canada, International, Nature-based, South & Central, Voluntary Market  /  No Comments

An offset project developer and carbon credit vendor has opened an account with a registry with the aim of building out several tree planting and sustainable charcoal projects in South America.

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Oil firm Equinor invests in carbon removals venture

Published 12:28 on August 15, 2022  /  Last updated at 12:28 on August 15, 2022  /  EMEA, International, Voluntary Market  /  No Comments

The investment arm of Norwegian oil firm Equinor has made an early-stage investment in a carbon removals venture that aims to store CO2 emitted from biogas producers.

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Australia can meet its 2030 target without intl offsets, analysts say

Published 11:14 on August 15, 2022  /  Last updated at 11:14 on August 15, 2022  /  Asia Pacific, Australia, International, Voluntary Market  /  No Comments

Australia will not need to use international offsets to meet its 2030 emission reduction target but can rely on plentiful domestic supply instead, analysts said Monday, while environmental groups urge the government to rule out using them entirely.

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Malaysia stock exchange to launch VCM with carbon credit auction by end of 2022

Published 08:57 on August 15, 2022  /  Last updated at 16:57 on August 15, 2022  /  Asia Pacific, Climate Talks, International, Other APAC, Voluntary Market  /  No Comments

Bursa Malaysia will launch a voluntary carbon market (VCM) later this year in a key move to facilitate growth in carbon trading in the Southeast Asian country which will be kickstarted with an initial carbon credit auction, the Kuala Lumpur-based stock exchange announced on Monday.

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Colombia’s proposed carbon tax reforms retain phase-in coal framework

Published 22:45 on August 12, 2022  /  Last updated at 22:45 on August 12, 2022  /  Americas, Carbon Taxes, International, Nature-based, South & Central, Voluntary Market  /  No Comments

New Colombian President Gustavo Petro retained phase-in carbon tax provisions on coal from the previous administration’s planned reforms, as well as inflation-adjusted annual increases to the levy that target equality and social justice objectives, according to a draft tax reform package submitted to Congress this week. 

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Australian Greens push back against climate authority’s VCM advice

Published 10:13 on August 12, 2022  /  Last updated at 10:13 on August 12, 2022  /  Asia Pacific, Australia, International, Voluntary Market  /  No Comments

The Greens are urging the Labor Party government to reject advice that Australia should increase its participation in the international voluntary carbon market, arguing that it could delay emissions reductions and stifle investment in Australia’s domestic market.

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Over 50 entities join as working groups on digital carbon markets gets underway

Published 09:42 on August 12, 2022  /  Last updated at 09:48 on August 12, 2022  /  Bavardage, International, Nature-based, Voluntary Market  /  No Comments

More than 50 stakeholders have agreed to participate in a string of working groups to develop high-quality digital carbon markets, including a number of significant players in the traditional market.

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