carbon credits

A bilateral agreement with Japan is likely to be signed early next year and India will seek to complete pacts with South Korea and Singapore before the end of the fiscal year ending in March 2026.

The decision, if adopted, will pave the way for more trading activity under a new carbon market overseen by the United Nations.

A carbon credit is supposed to represent 1 metric ton of emissions that have been avoided, reduced or removed from the atmosphere.

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.

“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.

As the UN biodiversity summit COP16 enters its second and final week, a report by MSCI Carbon Markets draws a link between the carbon credit market and addressing the biodiversity funding challenge.

Former C-Quest Capital CEO Kenneth Newcombe was indicted on wire fraud and commodities fraud charges. C-Quest lists on its website Macquarie Group and Temasek Holdings’ GenZero as among its backers.

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

German authorities are rejecting credits worth some EUR18 million on the basis of “irregularities” found in an investigation.

CAD Trust has announced a strategic roadmap and management changes as it transitions to a permanent governance model in 2025.