Article

The UN carbon market is making slow progress on draft rules for carbon removals and renewable energy methodologies, as experts convened in Bonn to discuss a new reversal assessment tool for quantifying market risks. A draft methodology for renewable electricity generation has been released, potentially becoming the second approved Pacm methodology, while six additional methodologies, including one for renewable-based ammonia production, are under review. The first approved methodology focuses on landfill gas flaring, emphasizing stricter emission reductions compared to previous standards.