This represents the second Afforestation, Reforestation, and Revegetation (ARR) methodology to achieve CCP-Approved status.
The move is viewed as slightly bullish by UKA market participants.
Limiting global warming to 1.5°C requires annual removals (across all project types) of 5 to 10 billion tonnes of CO2 by midcentury.
Our latest State of Global Carbon Markets Quarterly Report offers a comprehensive analysis to help you position your carbon strategy.
The province is seeking to reduce its dependency on natural gas, which is its primary source of power generation.
The move eases market risk amid changing federal incentives
Notably, the amendment allows for the international use of Article 6 credits to meet up to 3% of the EU’s 1990 emissions.
Last week, the One Big Beautiful Bill passed its final legislative hurdle in the U.S. Congress, clearing the House after Senate approval.
Improved Forest Management (IFM) projects are gaining traction in the global carbon markets, with emphasis on project quality and robust pricing mechanisms.