Last Update: 04/05/2026 at 2:50 PM EST
UN Issues First Carbon Credits
Coverage from Climate Change News, ESG News, and others
Articles
10
Latest Article
02/28
Active Days
9
Executive Summary
The UN issued its first Article 6.4 carbon credits from a Myanmar cookstove project, opening the Paris market while drawing scrutiny over integrity
- UNFCCC approved 60,000 credits under Article 6.4 from a Myanmar clean cooking project
- The issuance becomes effective after a 28 day appeal and grievance period
- The project uses efficient cookstoves to reduce firewood use, smoke and forest pressure
- A South Korean NGO and private South Korean firms help finance and implement the project
- Credits are expected to support South Korea's emissions trading system and Myanmar's climate plan
- The new mechanism uses updated values and more conservative calculations than the CDM
- Critics say cookstove projects can overstate benefits and rely on weak monitoring
Quick Facts
- What: First Article 6.4 carbon credits issued from a cookstove project
- Where: Myanmar, with credits linked to South Korea
- Why: To cut emissions, reduce firewood use, and support climate plans
- Who: UNFCCC, Myanmar project developers, South Korean partners
- When: Approved after the 28 day appeal period
Coverage Timeline: 9 Days
Featured Article
UN climate agency approved first PACM credits in 2024 for a Myanmar cookstove project linking South Korea and Myanmar targets.
Additional Articles
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UNFCCC approves 60 000 Article 6.4 carbon credits from Myanmar cookstove project; approval becomes effective after 28 day appeal; credits support South Korea ETS and Myanmar climate goals.
UN climate body approves first Article 6.4 credits after Paris Agreement rules took effect for a Myanmar clean cooking project with cross border transfer to Korea.
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UN body sets fast track plan to deliver high quality credits under Paris Agreement Crediting Mechanism in 2026 meetings.
UN climate agency approves first carbon credits under the Paris Agreement Crediting Mechanism for a Myanmar cookstove project, amid concerns over greenwashing.
First carbon credits issued under Paris Agreement Crediting Mechanism in 2024 for a Myanmar cookstove project.
UN body approves first Paris Agreement Article 6.4 credits for Myanmar clean cooking project in 2020s, linking Korea and Myanmar NDCs.
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UN Climate Change approves first Paris Agreement Article 6.4 credits for a clean cooking project in Myanmar on 26 February 2026, with credits transferable to Korea.
UNFCCC approves first Paris Agreement credits, enabling cross-border emissions trading under PACM at COP29 2024.
UN backed carbon credits PACM issued first credits in Myanmar in 2024 under Paris Agreement rules.