Article 6

Climate change

COP29 close to carbon deal as questions loom about market integrity

The decision, if adopted, will pave the way for more trading activity under a new carbon market overseen by the United Nations.
‘Potential windfall’ for emerging markets as COP29 carbon market deal works to improve integrity: BMI - THE EDGE SINGAPORE

Climate change

‘Potential windfall’ for emerging markets as COP29 carbon market deal works to improve integrity: BMI

Governments adopted on Nov 11 guidelines to further develop a United Nations-administered global voluntary carbon market. Developing more specific rules will take 12 to 18 months, says BMI.
COP29 begins with ‘breakthrough’ on carbon market rules, but climate groups criticise lack of scrutiny - THE EDGE SINGAPORE

Climate change

COP29 begins with ‘breakthrough’ on carbon market rules, but climate groups criticise lack of scrutiny

“At COP27 and COP28, governments rejected draft rules on carbon removal, warning that they could weaken climate action… Now, these rules are moving forward without the same scrutiny.

Environmental, Social and Governance

GenZero, Gold Standard, Rwanda sign collaboration agreement on Article 6 carbon credit projects

Under the agreement, Rwanda and GenZero will collectively study and assess the potential for Article 6 projects.

Sustainability

Singapore doubles down on carbon trading at COP27

“Overall, we reached as good an outcome as we can get given the circumstances.”
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