INTERVIEW: Pakistan province eyes carbon market expansion, sub-national ETS by 2027
Punjab, Pakistan’s most populous province, is preparing an extensive push into carbon markets, with officials targeting the launch of a sub-national emissions trading system (ETS) by mid-2027 while developing a pipeline of Article 6 and voluntary carbon market projects spanning forestry, transport, waste, energy, and clean water.
Read MoreINTERVIEW: ICVCM chief sees short-term pain, long-term gain from shift to CCP-aligned methodologies
Project developers in developing countries face short-term economic strain as carbon credit methodologies are brought into line with the Core Carbon Principles (CCP), but the move is already yielding higher prices and renewed buyer confidence, said Amy Merrill, CEO of the Integrity Council for the Voluntary Carbon Market (ICVCM).
Read MoreUK company announces deals to structure long-term removal assets with bank, energy company
A carbon market assets company on Thursday announced a series of transactions aimed at turning carbon removals into longer-term financial assets.
Read MoreOpen system CDR scale hinges on cutting ‘uncertainty discounts’, panellists say
Open system carbon removal (CDR) projects need larger deployments and shared datasets to reduce monitoring, reporting, and verification (MRV) uncertainty that is raising credit costs and limiting scale, experts said on Wednesday.
Read MoreBRIEFING: Brazil carbon market players call for diversified demand amid Article 6 debate
Brazil’s carbon market needs more diversified and predictable demand if it is to scale beyond a niche voluntary market and to attract long-term investment, speakers said at an event in Sao Paulo.
Read MorePhilanthropic dollars for CDR contracting, panellists warn
Philanthropic funding for carbon removal (CDR) is becoming dangerously concentrated, panellists said on Wednesday, with one observer noting that half of all grant-making in the sector could be controlled by just three funders.
Read MoreBrazilian developer, UK asset manager sign long-term carbon removals agreement
A Brazilian project developer and a British asset manager have signed a collaboration agreement to develop scalable contract structures for afforestation, reforestation, and revegetation (ARR) credits, they announced on Wednesday.Â
Read MoreCompanies delaying carbon removal purchases amid policy uncertainty -survey
Demand for carbon removal (CDR) may be stalling, despite rising corporate net zero commitments and growing recognition that they will be needed later this century for wider global climate goals, a new policy brief based on interviews with corporate sustainability leaders has found.
Read MoreINTERVIEW: Carbon removals marketplace seeks to close the gap between a ‘great idea’ and ‘bankable project’
A carbon removals marketplace is aiming to help developers advance projects with “promising fundamentals through to signed deals” with large-scale corporates, which it says is urgently needed to scale the market in order to meet looming climate targets.
Read MoreMethane certifier launches registry for crude oil emission cuts
A certifier of methane emissions has launched a new registry for reductions from crude oil operations, and expects to certify its first crude oil production facility in the coming weeks, it announced on Wednesday.
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