Gulf countries could adopt dual buyer, seller role to optimise Article 6 strategy -report
Trade- and service-oriented members of the Gulf Cooperation Council (GCC) may benefit in the near term from a mixed buyer and seller strategy under Article 6 to achieve lowest-cost mitigation, according to a new report from a Riyadh-based think tank.
Read MoreCarbon markets face “mission creep” as COP32 implementation clock ticks
Carbon markets risk failing to reach their true potential because governments and industry groups have overloaded them with ideological and regulatory demands, said experts on Friday, warning that “mission creep” was undermining efforts to mobilise climate finance.
Read MoreTwo project developers awarded Singapore EDB grant for expansion
Two carbon project developers have been awarded support from Singapore’s Economic Development Board (EDB) through its Carbon Project Development Grant, they announced separately.
Read MoreINTERVIEW: Myanmar eyes carbon tax, looks to submit new NDC by year-end
Myanmar is designing its first carbon tax, focusing on the energy, agriculture, and steel sectors, and is looking to submit its updated Nationally Determined Contribution (NDC) by year-end, a Yangon-based VCM platform told Carbon Pulse.
Read MoreIndonesia plans blockchain integration for carbon exchange in bid to spur market growth
Indonesia’s financial regulator has unveiled plans to revise the country’s carbon exchange regulations to boost market growth and transparency with plans to adopt blockchain-based technology and integrating further with the national carbon registry system.
Read MoreHybrid AI model could strengthen Egypt voluntary carbon market risk management, researchers say
A proposed hybrid artificial intelligence and stochastic modelling framework could significantly improve carbon price forecasting and risk management in Egypt’s fledgling voluntary carbon market, according to a new academic study that argues the country’s emerging carbon-finance ecosystem faces substantial uncertainty due to limited historical data, weak liquidity, and evolving regulation.
Read MoreUS standards board issues update for environmental credit accounting, disclosure
The Financial Accounting Standards Board (FASB) issued new guidance for companies to improve financial accounting and disclosure of environmental credits.
Read MoreFEATURE: Data centre developers unlikely to back CDR without stronger market pull
Data centre developers are unlikely to integrate carbon removal (CDR) into projects at scale unless hyperscale tenants, policy incentives, and long-term offtake agreements make it part of the commercial structure, according to legal and industry experts.
Read MoreArticle 6 authority approves N2O carbon methodology
The UN body overseeing implementation of the Paris Agreement Crediting Mechanism (PACM) has approved a new methodology to reduce N2O emissions from nitric acid production.
Read MoreEuropean carbon removal developers call for national CDR strategies
Carbon removal (CDR) developers across Europe urged countries to create national strategies for the sector, including clear plans for transporting captured CO2 to storage sites, during workshop in Brussels held this week.
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