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Open source platform shows forestry data for every country in the world

A platform showing forestry data across every country and jurisdiction in the world, including degradation levels, was launched at COP27 in Sharm el-Sheikh on Tuesday.

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COP27: Oil and gas GHG emissions much higher than claimed, finds report

Many oil and gas facilities around the world are emitting three times more greenhouse gases (GHG) than claimed, a new report states.

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COP27: Rights experts want Article 6.4 grievance mechanism with teeth in...

Experts have urged the supervisory body on Article 6.4 to ensure the proposed grievance process, or mechanism, has teeth, is designed by landholders, and has key transparency assurances, as efforts are...

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ANALYSIS – COP27: US climate envoy’s carbon market concept battles three...

A new global carbon market concept pushed by the US on Wednesday is bracing to battle at least three thorny issues that have plagued carbon credit markets in the voluntary space over the years,...

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Oil and gas exploration firm signs multi-year clean cookstove partnership...

A US-headquartered oil and gas exploration firm has inked a multi-year partnership with a UN-backed non-profit to help drive a “sustainable” market for clean cooking solutions, including...

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UN posts Gabon’s REDD results, paving way for potentially huge national-scale...

The UN late on Wednesday posted Gabon’s REDD forest protection results over the past decade, the final procedural step that paves the way for the world’s biggest carbon credit issuance.

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COP27: Roundup for Day 4 – Nov. 10

It’s Thursday – Science Day – at COP27 in Sharm el-Sheikh, and Carbon Pulse will keep you updated with developments throughout the day. Timestamps in local time (EEST, GMT+2).

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COP27: Countries’ dash for gas will lead to supply, emissions overshoot...

The energy crisis has overtaken the climate crisis, as emissions from new gas capacity now threatens the 1.5 C warming limit, according to analysis released Thursday, as the fossil fuel has wedged...

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UPDATE: Rating agency slightly downgrades two hydro projects in India

A rating agency has slightly downgraded its scores for two Verra-accredited hydropower projects in India, although both grades still give a moderate chance of achieving or removing a tonne of CO2 per...

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CORRECTION – COP27: Offset project developer, investor ink Article 6.2...

A global offset project developer and carbon market investor at COP27 on Thursday announced a memorandum with a Senegal government-backed company under Article 6.2 of the Paris Agreement, in what is...

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Verra struggling to clear bulging backload of new projects

Verra is overhauling internal processes in a bid to clear an “unprecedented” surge of often poorly documented project requests that threatens to stifle the rapid expansion of the voluntary carbon...

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COP27: Nations poised to punt decision on UN carbon credit mechanism for a year

Decisions on what type of projects will be eligible under a new UN carbon credit mechanism are expected to be delayed for a year, as governments approach the halfway point of two-week COP27...

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UPDATE – COP27: Saudi investment fund announces opening up of Islamic finance...

Billions of dollars from oil rich countries in the Arab Gulf could soon be flowing into voluntary carbon market (VCM) projects after senior representatives from Saudi Arabia's public investment fund...

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COP27: UN talks consider sectoral approaches in effort to scale up emissions...

Key topics are emerging in a newly-formed segment of COP27 UN climate talks in Sharm el-Sheikh, with negotiators considering sectoral approaches as they scramble to spur greater near-term emissions...

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COP27: Ghana in advanced talks for bilateral trade with Singapore, developing...

Ghana plans to agree to a deal with Singapore for the trade of internationally transferred carbon credits, said a senior official from the west African nation during a side event at COP27 on Friday.

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COP27: UN talks flounder on guidance for international emissions trade

The creation of rules on international emissions trade risks being delayed for another year as negotiations stumble in Sharm el-Sheikh over whether host countries can amend or even revoke their...

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COP27: US announces initiatives to slash domestic oil and gas, international...

The US will implement stronger methane regulations for the domestic oil and gas sector and bolster international efforts to crack down on the potent GHG and emissions from other sectors, President Joe...

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COP27: Roundup for Day 5 – Nov. 11

It’s Friday – Decarbonisation Day – at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today's other, related news from the summit. Timestamps in local time (EEST, GMT+2).

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COP27: Saudi Arabia “gets serious” about VCM as energy minister unveils 2023...

Saudi Arabia on Friday announced it will launch a domestic carbon credit scheme at the start of 2023, with baseline and MRV methodologies designed specifically according to the country's circumstances.

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COP27: Ghana, Switzerland authorise first emissions transfer under Paris...

Ghana and Switzerland have authorised the first-ever internationally transferred mitigation outcome (ITMO), a milestone transaction under the Paris Agreement's Article 6.2 provision a year since the...

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