INTERVIEW: India carbon market needs legal clarity on credit use before launch, lawyers say
India’s budding carbon market needs additional legal clarity before trading begins later this year, according to a legal expert who said current regulations have created ambiguity on whether compliance entities can use credits generated in the voluntary market.
Read MoreCOMMENT: Are Your Forest Carbon Projects Leaking?
Recently published research shows how estimates of leakage for forest carbon projects can be significantly improved, which is necessary for addressing an important integrity issue and building confidence in carbon markets as a tool for climate action.
Read MoreSBTi’s new Corporate Net-Zero Standard recognises companies that address ongoing emissions
The Science Based Targets initiative (SBTi) has published its long-awaited Corporate Net-Zero Standard Version 2.0, which recognises companies that address their ongoing climate impact, including through the additional buying of high-quality reduction or removal credits, and plans to mandate such action from 2035, but stops short of permitting any offsetting to account for in-chain emissions.
Read MoreINTERVIEW: Chile estimates implementation phase of two sectorial ETSs by 2030, test Article 6 allocation model
Chile has redefined its landmark baseline-and-credit schemes as emissions trading systems (ETSs) and is now evaluating articulation with the energy sector pilot, an official told Carbon Pulse, while seeing potential in Article 6 to channel investment into hard-to-abate sectors and leverage GHG reductions towards national targets.
Read MoreBRIEFING: Canadian CDR signal strong despite climate policy rollback
Canada’s pullback on climate policies in pursuit of energy and economic security doesn’t have to be at odds with its signal to ramp up its carbon removal (CDR) sector, industry players said at a recent event.Â
Read MoreVerra launches development of next round of methodologies, eyes super pollutants from refrigeration
Verra launched development of several new or revised standards, including a new methodology for avoiding super pollutant emissions from refrigeration systems.
Read MoreBeZero cites legal backing for EU ESG ratings compliance as July launch nears
Carbon ratings agency BeZero Carbon said independent legal reviews have concluded its activities fall within the scope of the EU’s new ESG Ratings Regulation, as the company prepares to seek recognition under the regime ahead of its July implementation.
Read MoreStandard-setter finalises methodology for methane reductions from rice paddies
A standard-setting body has approved its methodology for cutting methane emissions from rice cultivation, saying it will expand the possibilities for high-integrity reductions from sustainable agriculture.
Read MoreCOMMENT: Carbon Markets Cannot Claim Integrity While Excluding Women
As carbon markets undergo an integrity reset, treating women’s inclusion as a co-benefit is no longer enough – inclusive finance can help make their contributions measurable, verifiable, and central to the credibility of carbon projects.
Read MoreINTERVIEW: Thailand’s ETS compliance phase unlikely before 2030 as key market rules remain undecided
Thailand’s parliament is expected to pass its Climate Change Act sometime in 2027, but the planned emissions trading system (ETS) is unlikely to impose compliance obligations until close to 2030, according to a legal expert who said many important design features remain undecided.
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