Carbon

'Door is now open' for Article 6 transactions, says Standard Chartered

Progress 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.

COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line

One of the main achievements of COP29 was the "historic" progress made in developing international carbon markets with the blessing of the UN.

COP29: Sweden pushes forward on Article 6.2

Sweden 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.

EU approves carbon farming certification

The European Council has approved regulation which will introduce a certification for carbon removals and carbon farming, but critical details remain left to decide.

Carbon market leaders join up on Article 6

UK government launches carbon and nature credit market principles

The UK government has launched 'integrity principles' for voluntary carbon and nature credit markets.

New REDD+ methodologies approved by Integrity Council

The 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.

COP29: 'Inflection point' happening in carbon markets, says VCMI

Buyers willing to pay 'much higher' prices for Article 6-aligned credits, says IETA

Buyers 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.

COP29: Negotiators need to 'pick up when Cali calls', says Greenpeace

Negotiators 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.

COP29: Land use emissions still 'substantial' despite decline

Land use emissions are still "substantial", despite their steady decline, academics have said, warning that deforestation continues to play a major role.

COP29: Global emissions reach record high in 2024, and time almost up for 1.5°C

There 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.

COP29: Article 6 undermining the COP process, warns NGOs

The pursuit of carbon markets under Article 6 is "undermining" the principle of the COP process, the Global Forest Coalition (GFC) has warned, with concerns also raised about the "bulldozing" of negotiations.

COP29: More work to do on Article 6, says UNFCCC's Stiell

There is still more work to do on Article 6, a UN climate lead has told COP29, but praised "a good start" for the mechanism at the conference.

Carbon credit offtake agreements hit 'new record', says MSCI

Long-term offtake agreements for nature-based carbon credits have hit a "new record", MSCI has found, calling these a "bright spot" in an otherwise stunted voluntary carbon market.