LATAM Roundup: Latin America diversifies from NbS
Several Latin American countries historically focused on nature-based solutions (NbS) and land use are seeing carbon project developers stride into technology-based GHG reductions and removals.
Read MoreCF Asia: SE Asia keen to mobilise international carbon credits, but wait on legislation
Several carbon market stakeholders in Southeast Asia signalled an interest in developing credits for international markets, but domestic policy architecture still lags behind such ambition, conference attendees heard Tuesday.
Read MoreCF Asia: ANALYSIS – Early glut could cap Article 6 carbon credit prices, but supply crunch looms
Prices of carbon credits under the Paris Agreement’s Article 6 are seen below $20 per tonne in the early years as supply outpaces demand, before a tightening market pushes rates above $100 by mid-century, according to an analysis.
Read MoreVCM Report: CORSIA carbon credit prices slip to new lows
CORSIA carbon contracts continued to fall last week amid the ongoing war in Iran, sending jet fuel prices to all-time highs, and leaving the airline industry contemplating cutting flights amid supply shortages.
Read MoreIntegrity body to assess UK govt-run carbon standard
The Integrity Council for the Voluntary Carbon Market (ICVCM) will review a UK nature-focused carbon standard following its application for accreditation under the body’s credit quality stamp, it was confirmed Monday.
Read MoreMalawi dairy biogas programme authorised under Article 6.2
Malawi has authorised a dairy biogas initiative under Article 6.2 of the Paris Agreement, making it the country’s first project to generate Internationally Transferred Mitigation Outcomes (ITMOs) while targeting emissions reductions from agriculture and household energy use.
Read MoreCarbon market ‘safety valves’ on agenda for India as it builds ETS -official
India’s upcoming compliance-based carbon market will have built-in “stability mechanisms” to manage both credit shortages and oversupply, a senior government official said on Saturday.
Read MoreBenefits of sovereign control of credit supply may drive up Article 6 activity
As governments tighten their grip on carbon credit supply to align developers with national climate strategies, analysts say this shift will drive a surge in Article 6 activity under the Paris Agreement.
Read MoreIndia can supply up to 30% of global carbon removals by 2050, but needs policy push, analysis finds
India could emerge as a major global supplier of durable carbon removals (CDR), but it must first address policy gaps, weak demand, and high costs to scale the sector, a policy brief published this week said.
Read MoreBrazilian prosecutors sue Amazon carbon projects over alleged communities’ rights violations
The Brazilian Federal Public Prosecutor’s Office (MPF) has filed three public civil actions against carbon credit projects in the state of Amazonas for allegedly violating the rights of Indigenous Peoples and traditional communities, it announced on Thursday.
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