UN Article 6 Boosts Legitimacy of International Carbon Markets
The UN's Article 6 decision legitimizes international carbon markets, allowing countries to trade credits toward climate goals, addressing double-counting and boosting market credibility, with projections of \$10-40 billion market value by 2030 despite a 2023 downturn.
UN Article 6 Boosts Legitimacy of International Carbon Markets
The UN's Article 6 decision legitimizes international carbon markets, allowing countries to trade credits toward climate goals, addressing double-counting and boosting market credibility, with projections of \$10-40 billion market value by 2030 despite a 2023 downturn.
Progress
40% Bias Score
Hong Kong Positions Itself as a Cross-Border Transition Finance Hub
Hong Kong aims to become a leading hub for cross-border transition finance by unifying China's carbon markets with international counterparts, leveraging its financial strengths and government initiatives like the Green and Sustainable Finance Grant Scheme (HK$290 million disbursed) and a Fintech su...
Hong Kong Positions Itself as a Cross-Border Transition Finance Hub
Hong Kong aims to become a leading hub for cross-border transition finance by unifying China's carbon markets with international counterparts, leveraging its financial strengths and government initiatives like the Green and Sustainable Finance Grant Scheme (HK$290 million disbursed) and a Fintech su...
Progress
48% Bias Score
COP29 Climate Funding Negotiations: Indonesia's Stance and Challenges
COP29 climate negotiations in Azerbaijan face challenges over climate funding, with developing nations pushing for increased financial support from developed countries. Indonesia's position and efforts in securing funding, especially for ocean-based carbon reduction projects, are highlighted.
COP29 Climate Funding Negotiations: Indonesia's Stance and Challenges
COP29 climate negotiations in Azerbaijan face challenges over climate funding, with developing nations pushing for increased financial support from developed countries. Indonesia's position and efforts in securing funding, especially for ocean-based carbon reduction projects, are highlighted.
Progress
40% Bias Score
Mercuria-Backed $1.5 Billion Initiative to Protect the Amazon
Backed by Mercuria, a $1.5 billion initiative called "Race to Belém" will sell carbon credits to protect the Amazon rainforest, working with Brazilian states, farmers, and local communities to prevent deforestation, starting immediately and expanding over 3-5 years.
Mercuria-Backed $1.5 Billion Initiative to Protect the Amazon
Backed by Mercuria, a $1.5 billion initiative called "Race to Belém" will sell carbon credits to protect the Amazon rainforest, working with Brazilian states, farmers, and local communities to prevent deforestation, starting immediately and expanding over 3-5 years.
Progress
36% Bias Score
Hong Kong to Bridge China's Carbon Markets with Global Transition Finance
Hong Kong is leveraging its financial expertise to become a key player in cross-border transition finance, aiming to integrate China's regional carbon markets with international counterparts and attract capital for green initiatives, with government support exceeding HK$290 million.
Hong Kong to Bridge China's Carbon Markets with Global Transition Finance
Hong Kong is leveraging its financial expertise to become a key player in cross-border transition finance, aiming to integrate China's regional carbon markets with international counterparts and attract capital for green initiatives, with government support exceeding HK$290 million.
Progress
44% Bias Score