The report underscores the critical role of carbon pricing mechanisms in the region’s journey to net zero.
A new bill features major reforms to the nation’s carbon tax, reshaping both its structure and its purpose.
The newly approved methodologies are expected to increase annual CCP-labelled issuances by over 1 million credits by 2026.
Trump’s administration is seeking to end two of NASA’s most advanced climate-monitoring missions: the Orbiting Carbon Observatory (OCO)-2 and OCO-3.
Japan Airlines announced the completion of the first phase of its digital trading platform for Scope 3 emission reductions associated with SAF use
The International Court of Justice (ICJ) released an Advisory Opinion stating that all states have binding legal obligations to act on climate change
This represents the second Afforestation, Reforestation, and Revegetation (ARR) methodology to achieve CCP-Approved status.
Limiting global warming to 1.5°C requires annual removals (across all project types) of 5 to 10 billion tonnes of CO2 by midcentury.
Notably, the amendment allows for the international use of Article 6 credits to meet up to 3% of the EU’s 1990 emissions.