Treat voluntary carbon credits as intangible property and watch the market grow, report says
Treating voluntary carbon credits as intangible property rather than a commodity can provide the clear commercial basis participants need to confidently make transactions and manage risk in the market, according to a legal paper released Tuesday by a Singaporean investment platform.
Read MoreNovel New Zealand concrete decarbonising start-up raises $4 mln in oversubscribed seed funding round
A New Zealand start-up focussing on decarbonising concrete has secured NZ$6.5 million ($4mln) in seed funding that will go towards scaling up its business, it announced.
Read MoreVCM Report: Market pauses as ICAO delays approval of new standards, ICVCM wades through voluntary carbon methodologies
Trade in the voluntary carbon market stumbled last week under a cloud of uncertainty created by key organisations.
Read MoreIPCC plans to unveil carbon removals methodology by end of 2027
UN scientists will reveal a new methodology for carbon capture and removal technologies and to help inform national climate plans, the chair of the IPCC told an international summit.
Read MoreJapanese agricultural lender to promote seaweed feed additives, cut methane emissions
A major agricultural lender in Japan has teamed up with two domestic partners to promote the commercialisation of cow feed additives using red seaweed, aiming to reduce methane emissions from cow burps and restoring marine ecosystems.
Read MoreCommodity trader to generate 75 mln voluntary carbon credits by 2030 from portfolio
A multinational energy and commodity trading company has financed a voluntary carbon project pipeline worth 75 million issuances by 2030, it confirmed in a sustainability report.
Read MoreCBAM to deal limited blow to Malaysian exports, govt says
Europe’s carbon border adjustment mechanism (CBAM) will hit 75% of Malaysian exports to the region but less than 10% of total exports for 2021-23, according to local news citing figures from the government released Monday.
Read MoreDouble claiming risk at centre of CORSIA approval block on voluntary carbon standards
ICAO has requested that voluntary carbon standards account for the supply risk in the event of the double claiming of credits under CORSIA, as a condition for approving programmes in the current 2024-26 phase of the international aviation offsetting scheme, after no new issuing bodies were given the green light at a key meeting last week.
Read MoreBeijing releases revamped carbon trading rules for local market
The Beijing municipal government has released revised management rules for carbon trading under its local emissions scheme, adding more legal clout to back the operations of the pilot market.
Read MoreCharity, carbon developer partner on nature-based solution to benefit children
An international charity organisation is partnering with an Australian project developer and advisory to develop nature-based carbon projects in the Asia Pacific, with a focus on benefitting children, it announced.
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