COP16: TNFD hits target of 500 adopters
A further 86 organisations have committed to report on their biodiversity impacts and dependencies under the Taskforce on Nature-related Financial Disclosures (TNFD), bringing the total to 502 adopters with $6.5 trillion in market capitalisation.
Read MoreCOP16: Global standard for biodiversity uplifts certifies first three projects
A global standard for biodiversity uplift has registered a first three restoration projects under its methodology.
Read MoreBRIEFING: With a year until full implementation, how Europe’s CBAM is driving ETS policy in Vietnam, China, and Taiwan
Nearly halfway through its transitional phase, Europe’s Carbon Border Adjustment Mechanism (CBAM) has become a major driver of carbon market policy across Asia, attendees at an industry conference in New Delhi heard this week.
Read MoreDenmark to reduce CO2 emissions tax for companies at risk of carbon leakage
Danish steelmakers and other heavy industries exposed to international competition will benefit from a lower CO2 emissions tax regime under government plans to mitigate the risk of carbon leakage that received the green light from EU regulators on Friday.
Read MoreCN Markets: CEAs touch fresh all-time high, liquidity remains stable
Prices in China’s national emissions market hit a fresh all-time high over the past week amid stable trading volumes, buoyed by growing compliance demand.
Read MoreClean cooking organisation updates cookstoves methodology
A Washington DC-headquartered clean cooking initiative has updated its cookstove methodology following a public comment period, the organisation announced on its website Wednesday.
Read MoreAustralian regulator publishes Safeguard facilities’ emissions intensity data
The Clean Energy Regulator (CER) has published new emissions intensity data (EID) for facilities covered under the reformed Safeguard Mechanism in the lead up to the next compliance deadline in March, a move which experts said would help provide a guide on how many below baseline credits facilities are likely to generate.
Read MoreRegulator approves 18 projects for J-Credit scheme
Japan has given the green light to the registration of 18 projects under the J-Credit scheme, which are capable of generating nearly 1.2 million carbon credits over their lifetimes.
Read MorePOLL: Negative sentiment engulfs UK ETS, from carbon price outlook to EU linking prospects
UK carbon prices are expected to remain around current levels through next year, with analysts maintaining a generally bearish outlook for the market due to persistent oversupply, delayed policy reforms, and wider challenges that many think will all but ensure the ETS is not re-connected to Europe’s this decade.
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