FEATURE: Colombian ETS a cautionary tale for Latin America
Colombia’s Emissions Trading System (Spanish: PNCTE) is one of the oldest planned cap-and-trade initiatives in Latin America – but it should serve as a warning rather than a model for others, due to weak policy foundations, scarce data, and poor stakeholder coordination, experts told Carbon Pulse.
Read MoreNepal launches national carbon registry
Nepal has launched a national carbon registry as it steps up efforts to participate in international carbon markets under the Paris Agreement.
Read MoreINTERVIEW: Saudi VCM company to integrate with Islamic finance
The Regional Voluntary Carbon Market Company (VCM) in Saudi Arabia will imminently launch a pilot programme for carbon trading at Islamic banks, Carbon Pulse heard from its chief executive – without abandoning its core exchange, auctioning, or regional project development mission.
Read MoreDutch VCM standard revises mineral weathering method, expands scope to wollastonite
A Dutch voluntary carbon market standard has revised its methodology for carbon removal through enhanced mineral weathering, adding the mineral wollastonite and updating accounting rules for projects seeking carbon certificates.
Read MoreHigh investment scenario would see US forest carbon sequestration of 1.6 bln tCO2 annually by 2035 -study
Increasing investment in forest-based climate solutions could significantly boost carbon sequestration in the US by 2035, according to new preprint research.
Read MoreEU urged to hardwire 90% domestic emissions cut into 2040 climate package
EU lawmakers should design the bloc’s 2040 climate framework to deliver the targeted 90% GHG emissions cut fully at home, using international carbon credits only as a tightly controlled back‑up, and keeping land sinks and permanent removals in separate, capped pillars, says a Brussels-based NGO.
Read MoreEXCLUSIVE: Indonesia first to pilot G20-backed carbon credit data model
The government of Indonesia will pilot a new global framework for standardising carbon credit data as part of efforts to strengthen transparency and interoperability in carbon markets, according to an announcement Friday.
Read MoreNew Zealand could be a key source of high integrity nature credits, report says
New Zealand could become a key source of high integrity nature-based carbon credits in the voluntary market, a report published Friday argued, but noted coordinated work is needed to get it going from what is currently almost a standing start.
Read MoreBuyer coalitions, forward purchases key to scaling forest carbon -report
Innovative financing models will be needed to scale forest carbon projects, according to a report released this week.
Read MoreFrance’s low-carbon strategy leaves weak spots on forestry and delivery, advisory says
France should move quickly to adopt its draft third National Low-Carbon Strategy (SNBC 3), but it still needs to address unresolved issues around land use, aviation, biomass, and implementation, the country’s independent climate advisory body said in a report published Thursday.
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