Kenya plans East African carbon exchange by 2027
Kenya is working to launch a carbon credit exchange serving the domestic and wider East African market within the next 12 months, media reported Friday.
Read MoreCarbon removal buyers beyond Microsoft accelerate activity in Q2 -report
Carbon removal (CDR) buyers apart from Microsoft committed to a record-high volume of quarterly purchases, according to analysis published by a CDR portfolio manager on Thursday.
Read MoreGold Standard publishes Paris-aligned light and safe water carbon methodologies
Voluntary carbon certification body Gold Standard has published two new methodologies on Thursday as it continues to align its crediting programme with the principles of the Paris Agreement.
Read MoreColombia’s incoming environment minister vows carbon market revival, reversing outgoing government’s measures -media
Colombia’s incoming environment minister has pledged to revive the country’s carbon market by reversing key policies introduced under the outgoing administration, including a cap on the use of carbon credits to offset the national carbon tax and controversial draft regulations governing carbon projects.
Read MoreCDR MONTHLY: Market consolidates after SBTi update provides long-term boost
June saw the durable CDR market consolidate as developers digested an announcement from the Science Based Targets initiative’s (SBTi) that will see a demand boost in the long term, as monthly contracted tonnes fell to around 350,000 tonnes in deals.
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 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 MoreVerra signs capacity building agreement with Argentine province, looks to support international transfers
The government of Argentina’s Misiones has signed a memorandum of understanding (MoU) with Verra to strengthen the province’s technical capacity to participate in international carbon markets, following the standard’s recent approval of its landmark jurisdictional forest carbon programme.
Read MoreVerra moves ahead with tighter soil carbon rules for sustainable grasslands credits
Sustainable grasslands carbon projects under a revised Verra methodology would need to validate soil carbon models against changes over time, rather than one-off stock measurements, according to a Tuesday announcement.
Read MoreVerra looks to compliance carbon markets after 2025 issuance slowdown
Verra has high hopes for growth via regulated carbon markets after issuances under its flagship carbon standard fell by around 30% year-on-year in 2025, according to its annual report.
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