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'Door is now open' for Article 6 transactions, says Standard Chartered
26 November 2024Progress on Article 6 at COP29 should be a catalyst for credit demand, Standard Chartered's carbon market development director has said, but noted that some "unknowns" still remain.
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COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line
25 November 2024One of the main achievements of COP29 was the "historic" progress made in developing international carbon markets with the blessing of the UN.
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COP29: Sweden pushes forward on Article 6.2
21 November 2024Sweden has signed bilateral agreements on emissions trading with Nepal and Zambia as part of the Article 6.2 mechanism of the Paris Agreement as COP29 comes to a close.
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EU approves carbon farming certification
21 November 2024The European Council has approved regulation which will introduce a certification for carbon removals and carbon farming, but critical details remain left to decide.
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UK government launches carbon and nature credit market principles
15 November 2024The UK government has launched 'integrity principles' for voluntary carbon and nature credit markets.
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New REDD+ methodologies approved by Integrity Council
15 November 2024The Integrity Council for the Voluntary Carbon Market have approved three REDD+ (Reducing Emissions from Deforestation and Forest Degradation in developing countries) methodologies for the Core Carbon Principles (CCP) label.
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Buyers willing to pay 'much higher' prices for Article 6-aligned credits, says IETA
13 November 2024Buyers of carbon credits are willing to pay "much higher" prices for Article 6-aligned credits, a survey from the IETA has found, but uncertainty about the mechanism lingers.
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COP29: Negotiators need to 'pick up when Cali calls', says Greenpeace
13 November 2024Negotiators at COP29 need to integrate recent progress made at the biodiversity-focused COP16, Greenpeace has said, warning against the focus on nature-based carbon credits.
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COP29: Land use emissions still 'substantial' despite decline
13 November 2024Land use emissions are still "substantial", despite their steady decline, academics have said, warning that deforestation continues to play a major role.
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COP29: Global emissions reach record high in 2024, and time almost up for 1.5°C
13 November 2024There is still no sign that the world has reached a peak in fossil fuel carbon emissions, as emissions reached record levels in 2024, according to the latest Global Carbon Budget report, which warned that time has almost run out to hit the Paris Agreement's 1.5°C target.