Top

US ELECTION RESULTS: Trump back in charge, climate action set to take a blow

Published 10:26 on November 6, 2024  /  Last updated at 12:15 on November 6, 2024   /  Americas, Asia Pacific, EMEA, International, Paris Article 6, US, Voluntary

Donald Trump's re-election as US president will likely usher in another era of loosening environmental standards in the US and a bigger step-back in climate action internationally -- at a time when the Paris Agreement's 1.5C goal is slipping out of reach and emissions have yet to peak. Read More
Top

Trump victory casts doubt over previous optimism for Article 6 progress in Baku

Published 11:54 on November 6, 2024  /  Last updated at 11:54 on November 6, 2024   / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Paris Article 6

The victory of Donald Trump in the US election on Tuesday has cast doubt among observers and negotiators over whether progress is still feasible on Article 6 at COP29 in Baku despite the previous optimism. Read More
Top

Reactions to Donald Trump's 2024 US election win

Published 09:41 on November 6, 2024  /  Last updated at 10:22 on November 6, 2024   / /  Americas, International, US

Donald Trump’s return to the White House following the 2024 US presidential election is seen as a setback for global efforts to tackle climate change, just days before the COP29 UN climate summit opens in Baku, Azerbaijan. Read More
Top

Indian carbon project developer taps into the US market, targets aviation sector

Published 10:17 on November 6, 2024  /  Last updated at 10:17 on November 6, 2024   / /  Americas, Asia Pacific, Aviation/CORSIA, Other APAC, US, Voluntary

An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector. Read More
Top

Washington votes to retain state’s carbon market

Published 08:41 on November 6, 2024  /  Last updated at 08:41 on November 6, 2024   / /  Americas, US

Washington voters appear to have decided to retain the state’s cap-and-trade programme by rejecting a ballot measure that sought to dismantle it, preliminary election results showed. Read More
Top

Gold Standard consults on multiple key carbon crediting documents

Published 10:07 on November 6, 2024  /  Last updated at 10:07 on November 6, 2024   / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Gold Standard has opened consultations on multiple guiding documents relating to carbon crediting projects this week as the registry builds on recent approval obtained from the UN to supply the current phase of the CORSIA international aviation offsetting scheme. Read More
Top

Amazon’s climate fund backs new peatland standard in Ireland

Published 09:48 on November 6, 2024  /  Last updated at 09:48 on November 6, 2024   / /  Biodiversity, EMEA, Nature-based, Voluntary

US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually. Read More
Top

COP29 PREVIEW: Six sticking points in negotiations over next global climate finance goal

Published 14:52 on November 5, 2024  /  Last updated at 14:52 on November 5, 2024   / /  Americas, Asia Pacific, Climate Talks, EMEA, International

Money for climate action – and the rules underpinning its delivery – will dominate this year’s UN climate summit more than any other in the past decade, raising tensions over how much should be mobilised, who is on the hook for providing it, under what terms it is granted, as well as how the funding is tracked and reported. Read More
Top

UPDATE - Brazil's Senate postpones vote on updated national ETS legislation

Published 03:06 on November 6, 2024  /  Last updated at 09:24 on November 6, 2024   / /  Americas, Carbon Taxes, Nature-based, South & Central, Voluntary

Brazil's Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week. Read More
Top

Record Q2 deficits shave Oregon's CFP credit bank, programme surplus nears 1.5 mln

Published 04:46 on November 6, 2024  /  Last updated at 04:46 on November 6, 2024   / /  Americas, RINs & LCFS, US

With the highest quarterly net deficits in programme history, Oregon’s Clean Fuels Program (OCFP) credit surplus increased to just under 1.5 million in the second quarter of 2024, according to state data published Tuesday. Read More
Top

US ethanol producer completes diagnosis of CO2 well leak in Illinois

Published 23:44 on November 5, 2024  /  Last updated at 02:56 on November 6, 2024   / /  Americas, US, Voluntary

An Illinois agribusiness facing regulatory action has completed diagnosis on the leak from its problematic CO2 monitoring well, maintaining that drinking water sources would not be impacted. Read More
Top

UAE energy firms team up with Microsoft to drive decarbonisation solutions

Published 17:38 on November 5, 2024  /  Last updated at 17:38 on November 5, 2024   / /  Americas, Middle East, US, Voluntary

Two Abu Dhabi-based energy companies have partnered with Microsoft to explore decarbonisation solutions, including the use of AI to advance carbon capture, low-carbon hydrogen, and ammonia projects. Read More
Top

UK startup secures funding to offer insurance for risks in early-stage CDR projects

Published 17:18 on November 5, 2024  /  Last updated at 17:22 on November 5, 2024   / /  Africa, Americas, EMEA, International, Voluntary

A startup insurance company hopes to kick start the carbon removal (CDR) market by offering cover to mitigate the risks facing early-stage projects. Read More
Top

Scottish govt releases framework for carbon, biodiversity markets

Published 16:37 on November 5, 2024  /  Last updated at 16:37 on November 5, 2024   / /  Biodiversity, EMEA, Nature-based, Voluntary

Scotland's government released on Tuesday a framework aimed at driving private investment in natural capital, outlining a set of high-integrity principles as well as a roadmap to 2026 to scale the carbon and biodiversity credit markets. Read More
Top

Brazilian partnership to restore 334k hectares of forest, generate carbon credits

Published 16:46 on November 5, 2024  /  Last updated at 16:46 on November 5, 2024   / /  Americas, International, Nature-based, South & Central, Voluntary

An alliance of several Brazilian public institutions on Friday agreed to structure new forest concessions for sustainable logging and forest restoration, offsetting the cost of restoring 334,000 hectares of degraded areas in the Amazon using the proceeds from carbon credits. Read More