AirCarbon Exchange ties up with market surveillance platform
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.
Read MoreDRC oil auction plots likely to go cheap, bolstering hopes for VCM project
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.
Read MoreVCM Report: Nature-based curve stretches out amid demand for new vintages
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.
Read MoreCanada-based offset developer signs up with registry for South American projects
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.
Read MoreOil firm Equinor invests in carbon removals venture
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.
Read MoreAustralia can meet its 2030 target without intl offsets, analysts say
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.
Read MoreMalaysia stock exchange to launch VCM with carbon credit auction by end of 2022
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.
Read MoreColombia’s proposed carbon tax reforms retain phase-in coal framework
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.
Read MoreAustralian Greens push back against climate authority’s VCM advice
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.
Read MoreOver 50 entities join as working groups on digital carbon markets gets underway
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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