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COP29 carbon standards agreement to boost voluntary carbon ...


Carbon markets - NewClimate Institute

... Agreement through Article 6 and shall lead to an increase in ambition. Additionally, so called voluntary carbon markets (VCM) operate in an unregulated ...

Saudi Arabia Launches First Voluntary Carbon Credit Exchange ...

Saudi Arabia's Regional Voluntary Carbon Market Company (RVCMC) unveiled the first carbon credit trading platform at COP29, supported by a ...

TCX, Verra Strike Important Agreement at Taipei Voluntary Carbon ...

We support climate action and sustainable development with standards programs and tools that credibly, transparently, and robustly assess ...

Voluntary Carbon Markets | Insights - Mayer Brown

On May 28 2024, the Biden administration released the “Voluntary Carbon Markets Joint Policy Statement and Principles”.

EXPLAINER | COP29: What is a carbon credit? What is Article 6?

At the COP26 climate summit in Glasgow, negotiators reached a breakthrough agreement that established a broad rulebook to regulate trading of ...

Carbon markets, NCQG, Paris Agreement: As COP29 begins ...

One tradable carbon credit is equal to one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas reduced, sequestered ...

IETA Publishes new paper on the Evolution of the Voluntary Carbon ...

The new IETA paper reiterates the importance of the so-called mitigation hierarchy: “Companies should avoid new sources of emissions, reduce ...

Low-quality offsets: Scrutiny on voluntary carbon markets

When a company buys carbon offsets, it pays a project elsewhere to reduce greenhouse gas emissions on its behalf – by planting trees, for ...

State and trends of carbon pricing: International carbon markets 2024

By providing a channel to mobilize necessary funding and deliver real, additional emissions reductions and removals, carbon markets can help ...

Key Developments in COP29, CORSIA Standards, and Carbon ...

2. Article 6 Developments ... At COP29, significant advancements are anticipated under Article 6 of the Paris Agreement: Finalizing Article 6.2 ...

Article 6 in focus: Bottlenecks and breakthroughs at Bonn

The international carbon markets established under Article 6 are a key tool in the Paris Agreement toolbox. Designed right, such carbon markets ...

COP29: What is a carbon credit? What is Article 6? - The Daily Star

One allows two countries to set their own terms for a bilateral carbon trading agreement, this is known as Article 6.2. The second aims to ...

COP29 reaches deal on carbon credit rules, but critics call it a 'false ...

Its specific objective was to expand African voluntary carbon markets to produce 300 million carbon credits annually by 2030, and 1.5 billion ...

UN carbon markets breakthrough attracts fire - The Australian

The backdoor approval to the long sought agreement for international carbon trades has again raised concerns over the use of carbon markets ...

Independent Crediting Programmes Announce Ground-Breaking ...

The world's leading independent carbon crediting standards have announced a collaboration to increase the impact of activities under their ...

A Clear Plan for Voluntary Carbon Trading

The voluntary carbon market could play a big role, but this requires robust and consistent standards. It will also involve the public and ...

The interplay between voluntary and compliance carbon markets

The paper also highlights potential policies that could enhance environmental integrity across carbon markets. In addition to domestic carbon ...

UN carbon market inches closer after COP29 agreement

The creation of a UN-backed global carbon market has taken a step closer to reality with governments approving new standards for the use of ...

Carbon News, Prices & Analysis - Quantum Commodity Intelligence

A UN panel's decision to approve standards for carbon dioxide removals (CDRs) projects and methodology requirements under the Paris Agreement's Article 6.4 ...

Nations approve new UN rules on carbon markets at COP29

Governments at the COP29 talks approved Monday new UN standards for international carbon ... raise the standards of the scandal-hit voluntary ...