Malaysia’s first biomass carbon project heads to auction
Malaysia’s first Verra-registered biomass carbon credit project is set to be auctioned in September, as the Southeast Asian country looks to build liquidity on its Bursa Carbon Exchange (BCX).
Read MoreJapanese voluntary standard introduces world’s first methodology for recycled auto parts
A voluntary standard has published what it claims to be the world’s first offset methodology for the use of recycled automotive components.
Read MoreBrazilian carbon project developer names new co-CEOs as it eyes expansion
A Sao Paulo-based carbon credit project developer announced on Monday it has appointed two new co-CEOs, as the company looks to grow its project pipeline.
Read MoreFEATURE: Colombian safeguards draft decree could suffocate existing nature-based carbon projects if enacted, market players say
Provisions on crediting periods and the ownership of carbon credits in a draft decree regulating land-based mitigation activities could place even greater financial strain on an already weakened Colombian carbon market if enacted, stakeholders have told Carbon Pulse.
Read MorePetrobras, BNDES announce winners of 5 mln-carbon credit call
Brazil’s state-controlled oil company Petrobras and national development bank (BNDES) announced on Monday the three winners of the pair’s call for contracting 5 million carbon credits.
Read MoreBrazilian biofuel producer signs 10k carbon credit agreement from BECCS project -media
A Brazilian biofuel producer has signed a deal for 10,000 carbon removal (CDR) credits with a large European commodities merchant from its bioenergy with carbon capture and storage (BECCS) project, media reported.
Read MoreLCAW26: Government coalition to publish carbon credit policy playbook at COP31
A government-led coalition of 11 countries plans to publish a non-binding policy playbook at COP31 to guide national measures aimed at increasing demand for high-integrity carbon credits, it announced Tuesday.
Read MoreVCM REPORT: CORSIA futures fall to fresh 2-year lows, wider credit demand shows strong signs amid focus on quality
CORSIA futures sank to fresh two-year lows last week, with benchmark contracts slipping further below $10/tonne as uncertain sentiment over demand continued, while there were some positive signals in terms of retirements in the wider voluntary carbon market (VCM) amid an ongoing refocusing on quality.
Read MoreBrazilian state to launch $80 mln carbon tender, governor says
The Brazilian state of Mato Grosso do Sul will launch a tender worth $80 million for the commercialisation of carbon credits in the coming days, Governor Eduardo Riedel said, tying the initiative to productivity gains, planted forests, and payments for environmental services.
Read MoreLCAW26: Nature-based carbon projects face catch 22, report says
Project developers working on nature-based carbon are trapped within a structural catch 22 whereby an offtake is necessary to receive investment, but funding is required to secure an offtake, according to a report launched at London Climate Action Week (LCAW) on Monday.
Read More