ARB’s latest offset issuance falls further from prior periods
California regulator ARB’s issuance of compliance-eligible offsets once again fell below the previous two-week period, extending the ongoing trend of lower issuances relative to the year-to-date (YTD) total in 2023, agency data released Wednesday showed.
Read MoreCWNYC24: Peru submits ‘Indigenous J-REDD’ concept note to ART standard
The Secretariat of the ART carbon credit standard has accepted a concept note for an Indigenous Jurisdictional REDD (J-REDD) programme from Peru’s environment ministry at a ceremony during Climate Week NYC on Wednesday.
Read MoreCWNYC24: New York state officials select WCI as platform for cap-and-invest programme
Market administrator WCI Inc. will serve as the registry, auction, and financial services platform for the upcoming New York cap-and-invest (NYCI) programme, regulators announced Wednesday during Climate Week NYC.
Read MoreCWNYC24: EU and US climate negotiators want Article 6 “in the bag” in Baku
The top EU and US climate negotiators both signalled their strong desire to finalise negotiations on Article 6 at the UN climate talks in Azerbaijan this year, they said at Climate Week NYC on Wednesday.
Read MoreCWNYC24: VCMI expects more companies to pick up its claims, as Scope 3 launch nears
Two companies have so far made claims for the highest grade available under the Voluntary Carbon Market Integrity (VCMI) initiative’s code for offset use – but more are expected in the coming months, and even more once the new Scope 3 claim is finalised, the initiative’s executive director told Carbon Pulse on Wednesday.
Read MoreCWNYC24: Carbon credit project developers say it’s on buyers to pay for insurance
Voluntary carbon market project developers’ margins are too thin to also pay for insurance – and the responsibility for insuring projects ultimately lies with the buyer, according to speakers at Climate Week NYC.
Read MoreCWNYC24: African carbon markets stakeholders consider credit price floor
A capacity-building programme for African carbon markets has considered a credit price floor but does not currently have an official ask, Carbon Pulse heard on Wednesday during Climate Week NYC.
Read MoreERW startup renews carbon removals partnership with large buyer
A startup specialising in enhanced rock weathering (ERW) technology on Wednesday announced a renewed partnership with a large buyer of CO2 removal credits.
Read MoreCWNYC24: UK pushing to get next Brazilian J-REDD deal over the line -official
The UK is making a push for the next jurisdictional REDD (J-REDD) deal arranged through the LEAF Coalition to be with another Brazilian state, a British official said Wednesday at Climate Week NYC.
Read MoreCWNYC24: Global corporations back new initiative for round-the-clock carbon-free electricity
Major international companies including Google have joined a new initiative aimed at boosting the use of carbon-free power across the world, in a bid to revolutionise electricity procurement and reduce emissions.
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