Heineken unveils new emissions reduction goals, internal carbon price
Dutch brewing giant Heineken on Monday announced a new emissions reduction strategy that seeks to incorporate more renewable energy sources into its operations while also introducing a pilot internal carbon price.
Read MoreWorld Bank’s PMR grants $3m to Sri Lanka for carbon pricing preparations
The World Bank-led Partnership for Market Readiness (PMR) has agreed to spend $3 million helping Sri Lanka develop infrastructure that in time would allow it to participate in the international carbon market under the Paris Agreement and possibly set up a domestic emissions pricing mechanism.
Read MoreKazakhstan takes ETS data online with new carbon platform
Kazakhstan has launched an online platform for monitoring, reporting and verification of GHG emissions regulated by its national emissions trading scheme, a major step forward from its previous system which was based on hard copies.
Read MoreDavos Digest: Macron gets minimal, but it’s Merkel that’s facing heat
French President Emmanuel Macron this week announced at the World Economic Forum in Switzerland that he will accelerate his country’s coal phaseout a year earlier than previously planned, while reiterating his call for an EU-wide minimum carbon price.
Read MoreSingapore emitters urge last-minute change to carbon tax plan
Major emitters in Singapore are lobbying the government to introduce a benchmark-based carbon tax rather than a flat one, a move that would lower costs for many of the companies covered.
Read MoreGold Standard adds voluntary project tool to measure gender equality progress
Non-profit certifier Gold Standard has begun to offer investors a way to measure gender equality progress in climate protection projects in the developing world, a part of its effort to broaden interest in funding development across poorer countries.
Read MoreNatural Capital Partners, VCS hit back at claims of dodgy Cambodian REDD offsets
Carbon brokers Natural Capital Partners and the Voluntary Carbon Standard (VCS) have hit back against claims that offsets from the Oddar Meanchey REDD project in Cambodia lack environmental integrity.
Read MoreBangladesh registers first JCM offset project
Bangladesh has registered its first carbon offset project under Japan’s Joint Crediting Mechanism (JCM), nearly five years after the two nations launched their bilateral programme.
Read MoreAlthelia invests €5.1 mln in Indonesian peatlands project
Natural capital vehicle Althelia Climate Fund has invested €5.1 million in a project to restore carbon-intensive peatland rainforest in Indonesia.
Read MoreVirgin Atlantic becomes latest firm to shun credits from controversial Cambodian REDD project
Airline Virgin Atlantic has become the latest firm to remove a Cambodian REDD+ project from its portfolio of offset sources, according to media reports, amid ongoing claims that large areas covered by the initiative were subject to rampant deforestation.
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