Voluntary credit retirements on track for record year despite wave of bad press

Published 22:36 on May 3, 2024  /  Last updated at 22:36 on May 3, 2024  / Nick Ferris /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Credit retirements from the four main standard bodies in the voluntary carbon market remain on track for a record year despite a wave of bad press around issuing projects, data from Carbon Pulse’s VCM portal shows. 

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BRIEFING: Packed election year risks silencing discussions on climate, say former UN leaders

Published 18:30 on May 3, 2024  /  Last updated at 18:30 on May 3, 2024  / Bryony Collins /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, Climate Talks, EMEA, International, Middle East, South Korea, US

Two former UN leaders highlighted the world risks losing sight of the urgency to tackle climate change over this packed election year, with conflicts and short-termism taking political priority, during an event in London on Friday.

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US startup launches to scale fundings towards coastal NbS, biodiversity conservation

Published 15:23 on May 3, 2024  /  Last updated at 15:23 on May 3, 2024  / Giada Ferraglioni /  Americas, Biodiversity, Nature-based, US, Voluntary

A US-headquartered consultancy launched this week to bolster and expedite funding towards nature-based solutions (NbS) and blue carbon, planning to engage in the nascent biodiversity credit market.

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FEATURE: Corporates seek customised projects to tackle their waste footprints

Published 12:52 on May 3, 2024  /  Last updated at 12:52 on May 3, 2024  / Bryony Collins /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International

Corporates are keen to support customised waste collection and recycling programmes that equate to their waste production footprint and potentially tie back to their own supply chain, with the plastic credit model not suited to all circumstances, say market stakeholders.

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INTERVIEW: Yale researchers to develop biodiversity credit methodologies for agroforestry

Published 07:05 on May 3, 2024  /  Last updated at 07:05 on May 3, 2024  / Sergio Colombo /  Americas, Biodiversity, South & Central, US

Researchers at Yale University have launched an initiative to design three biodiversity credit methodologies for agroforestry projects at smallholder farms in Latin America, Carbon Pulse has learned.

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Oregon Clean Fuels Program surplus credit bank crosses 1 mln in Q4

Published 03:13 on May 3, 2024  /  Last updated at 03:13 on May 3, 2024  / Joan Pinto /  Americas, RINs & LCFS, US

With the highest quarterly net credits in programme history, Oregon’s Clean Fuels Program (OCFP) unit surplus soared above 1 million for the first time, according to state data published Thursday.

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Opposition towards avoided biomethane crediting under California’s LCFS persists

Published 01:43 on May 3, 2024  /  Last updated at 01:43 on May 3, 2024  / Bijeta Lamichhane /  Americas, RINs & LCFS, US

Ending factory farm biogas crediting under California’s Low Carbon Fuel Standard (LCFS) is a top priority for a large share of the stakeholders commenting on a proposed amendment package for the scheme.

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DOE announces $500 mln for CCS transport infrastructure projects

Published 01:28 on May 3, 2024  /  Last updated at 01:28 on May 3, 2024  / Graham Gibson /  Americas, US, Voluntary

The US Department of Energy (DOE) announced Thursday that it would provide up to $500 million to support the nation’s carbon capture and storage (CCS) transport system, as it continues to ramp up its support of the technology.

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Multiple developers earn concessions from Brazilian state for REDD+ projects

Published 01:24 on May 3, 2024  /  Last updated at 01:24 on May 3, 2024  / Graham Gibson /  Americas, Nature-based, South & Central, Voluntary

Five project developers have earned concessions worth a total of over 11 million hectares from a heavily forested Brazilian state as it continues efforts to develop its carbon market.

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Canada’s GHG emissions increase 1.3% in 2022, land use sector jumps 264%

Published 01:15 on May 3, 2024  /  Last updated at 02:19 on May 3, 2024  / Allison Gacad /  Americas, Canada

Canadian greenhouse gas emissions from energy, industry, agriculture, and waste sectors increased 1.3% year-on-year in 2022, although land use and forestry (LULUCF), excluded from the national totals, jumped 264% YoY.

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