Carbon Market News

Market Updates

MEX and KCCI Partner to Advance the Asian Voluntary Carbon Market

Macao International Carbon Emission Exchange (MEX) and the Korea Chamber of Commerce and Industry (KCCI) have signed an MOU to jointly develop a privately led Asian voluntary carbon market. The partnership will focus on market development, carbon credit listing and trading, and collaboration under initiatives such as KCCI’s “Asian Alliance” and MEX’s “Standard Carbon Market” program. The two organizations also plan to establish a joint working group to explore opportunities under Article 6 of the Paris Agreement and promote innovations in Digital MRV and cross-regional market integration. MEX said the partnership aims to improve transparency and liquidity in Asian carbon markets, while KCCI highlighted the goal of strengthening the credibility and tradability of Asian carbon assets.
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#MEX #KCCI #AsianAlliance #VCM #Article6 #StandardCarbonMarket #DigitalMRV

Verra Moves To Accelerate REDD Baselines With Three Long-Term Mapping Partners

Verra has partnered with three long-term mapping providers to accelerate the development and updating of REDD+ baselines. The collaboration aims to improve consistency, transparency, and efficiency in forest carbon accounting by strengthening spatial data analysis, deforestation risk modeling, and land-use monitoring. The initiative supports Verra’s broader REDD+ methodology reforms, including updated baseline frameworks designed to address growing scrutiny over over-crediting and baseline inflation in forest carbon projects. The mapping partners will help provide standardized long-term forest and land-use data to support future REDD+ project development and verification processes. Verra said the effort is intended to improve scientific rigor and strengthen confidence in high-integrity forest carbon credits.
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#Verra #JNR #ForestCarbon #VM0048 #REDD+ #Baseline #NBS #SpatialData