Carbon project pathway under review for Kenya land restoration, biomass initiative
A proposed Kenya land restoration and renewable biomass initiative could advance into carbon project development if a new feasibility assessment finds it technically and commercially viable, a Canada-based carbon offset provider said on Wednesday.
Read MoreSingapore-based carbon platform partners with futures exchange to ease carbon trading
A Singapore-based price assessment platform has linked up with a futures exchange to ease trading hedging risk in carbon markets, it was announced Wednesday.
Read MoreNew Hong Kong carbon platform aims to unlock mainland China credit flows and finance
A Hong Kong-based carbon market platform and financing facility, backed by the Global Carbon Council (GCC), launched on Wednesday with the signing of a memorandum of agreement (MoA) between the parties at IETA’s Asia Climate Summit.
Read MoreBRIEFING: Chile’s low CO2 tax rate excluding REDD+ credits, unlikely to rise
Chile’s Ministry of Environment (MMA) is actively courting REDD+ projects to diversify the portfolio of carbon credits used to offset its CO2 tax – but the low $5 per tonne tax rate can make it economically inviable to integrate them.
Read MoreIndonesia’s new registry clears voluntary carbon exports without authorisation
Indonesia has issued new rules allowing some carbon credits to be traded overseas without government authorisation or corresponding adjustments, while setting out a framework for international standards to operate within the country’s revamped registry system due to be launched later this week.
Read MoreCorporate buyers commit to 635k carbon removals from Indonesia restoration project
Two major corporate buyers have agreed to purchase more than 635,000 carbon removals over 10 years from an agroforestry project seeking to restore 6,000 hectares of degraded land in Indonesia’s Sulawesi, the project developer said.
Read MoreCarbon standard to integrate major CCS initiative into methodology framework
A Qatar-based voluntary standard has become the latest body to integrate an industry-led carbon capture and storage (CCS) framework into its crediting programme.
Read MoreIrish native woodland project enters verification process ahead of first carbon credits
An Irish native woodland restoration project has entered independent third-party validation under the Origin Xero Carbon Programme, marking another step towards the issuance of what its developer says will be verified domestic carbon credits and highlighting progress in Ireland’s nascent voluntary carbon market.
Read MoreUPDATE – CORSIA credit tenders launched on behalf of airlines
Two tenders have been published for carbon credits under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) on behalf of Asian airlines searching for 614,000 tonnes of CO2e.
Read MoreEnvironmental groups urge DRC to pause carbon market law, warning over governance risks
Environmental groups in the Democratic Republic of the Congo (DRC) have called on the government to halt its proposed carbon market legislation, warning that the draft law risks undermining existing governance reforms and investor confidence by advancing without sufficient consultation.
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