INTERVIEW: UAE businesses adrift on GHG reporting, offsetting as compliance deadline hits
A UAE law on corporate GHG reporting, planning, and management entered its compliance phase on May 30, but businesses are still largely unprepared, according to the chief executive of a Dubai-based sustainability consultancy speaking with Carbon Pulse.
Read MoreLATAM Roundup: Article 6 snaps up tech-based solutions as REDD+ keeps grip on VCM
For now, technology-driven activities dominate Latin America’s Article 6.2 Letters of Authorisation (LoAs), in a departure from the REDD-heavy profile of the local voluntary market (VCM) – but jurisdictional REDD+ (J-REDD+) is poised to flood both systems, Carbon Pulse has reported.
Read MorePCF26: FEATURE – Carbon finance in Peru should complement int’l aid, officials and partners say
Peru’s carbon market should be self-sustaining instead of relying excessively on foreign aid, without necessarily replacing international funds, officials and institutional partners told Carbon Pulse this week at the Peru Carbon Forum in Lima.
Read MoreColombian ARR project receives issuance of first 230k removal credits
An afforestation project in eastern Colombia has completed its first verified issuance after seven years under development, with backers aiming to expand the planted area and bring additional volumes to market.
Read MoreSeaweed CDR potential falls sharply when including iron limits, study says
Seaweed-based carbon removal (CDR) could be far less effective than some global models suggest, as iron limitation and competition with phytoplankton reduce both cultivation potential and net ocean carbon uptake, according to a new modelling study.
Read MoreBrazil’s Supreme Court declares mandate for insurers to invest in carbon credits unconstitutional
Most of the ministers of the Brazilian Supreme Federal Court (STF) voted to strike down the mandate for insurance companies to invest in carbon credits.
Read MoreIndonesia’s mangrove finance growth hinges on transaction readiness -report
Indonesia’s mangrove financing has grown more complex, backed by public budgets, international partnerships, and market mechanisms, but scaling up will depend on making projects transaction ready, a report said.
Read MoreUS oil company retires forest credits from Guyana worth $250 million
A US oil major this week retired an estimated $250 million in avoided deforestation credits generated as a byproduct of one of the largest oil discoveries in decades, a project that has since sparked a multi-billion dollar legal battle.
Read MoreVerra to decide on permanent integration of buffer-pool alternatives based on CCP eligibility
Carbon market standard Verra will decide whether to permanently integrate insurance- and fund-based alternatives to traditional buffer pools post-pilot, depending in part on whether credits issued under the approaches can qualify for integrity labels such as the Core Carbon Principles (CCP), according to a programme manager.
Read MorePCF26: FEATURE – 25 years on, Cordillera Azul epitomises struggle to balance conservation, carbon market protocols, and Indigenous rights
The non-profit in charge of Peru’s 25-year-old Cordillera Azul National Park (PNCAZ) turned to carbon finance over a decade ago to sustain its operations, creating a REDD+ mega-project – but following a turbulent few years beset with baseline challenges, methodology questions, and litigation surrounding free, prior, and informed consent (FPIC) from Indigenous communities, it is mulling its next steps.
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