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CP Daily News Ticker: 17 June 2025

Published 01:01 on June 17, 2025 / Last updated at 01:01 on June 17, 2025 / Daily News Ticker

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Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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    • Tue 23:22
      Bike boost - Verra published Tuesday VMR0013 Revision to AMS-III.BM.: Lightweight two- and three-wheeled personal transportation, v1.0 in the Verified Carbon Standard (VCS) programme. The standard said this represented a minor revision to the Clean Development Mechanism (CDM) methodology AMS-III.BM. The methodology applies to project activities that help shift urban passenger transport to mechanical and electric bicycles and tricycles by developing supporting infrastructure, such as bicycle lanes, and the VMR0013 revision expands the methodology’s scope to include other two- or three-wheeled electric vehicles like electric motorcycles and scooters. The revision also allows for the inclusion of business-oriented delivery and transportation services involving goods, food, or other tangible items. Verra said the revision incorporates feedback from a spring public consultation.
    • Tue 22:30
      Serbia is preparing to introduce a carbon pricing mechanism as it seeks to align with the EU’s Carbon Border Adjustment Mechanism (CBAM), a senior government official has said.
    • Tue 21:25
      Turkish delight - The United Nations Development Programme (UNDP) and the EU Delegation to Turkiye have launched the Eco Future Grant Programme, a new initiative to strengthen civil society organisations (CSOs) in their efforts to combat climate change and protect biodiversity. Running until Feb. 2028 and funded through the EU’s IPA III with a total budget of US$4.39 mln, the programme will offer both technical assistance and grants. Targeted at CSOs across Turkiye, the programme will support projects that promote net-zero emissions and nature-positive outcomes. A total of $2.36 mln is allocated for grants, with individual awards ranging from $50,000 to $150,000 for projects lasting 12 to 18 months. Applications close on Aug. 1, 2025. The initiative encourages collaboration with local authorities, unions, development agencies, and schools. It is underpinned by a recent needs assessment that identified gaps in technical knowledge, project management, and fundraising, which the programme aims to address through training and capacity building.
    • Tue 20:14
      The European Commission's climate chief and the future head of the EU presidency said on Tuesday that their top priorities for COP30 will be mitigation and implementing concrete action to drive down emissions, with progress on Article 6 also in focus.
    • Tue 19:42
      The UNFCCC has launched a public consultation for a clean cooking protocol that may eventually issue units under the new Paris Agreement Crediting Mechanism (PACM), noting that the methodology qualified for review by the Article 6.4 Methodological Expert Panel (MEP) ahead of the body's July meeting.
    • Tue 19:22
      A cookstoves carbon project developer has submitted a request to Verra to requantify its issuances as it seeks eligibility for the current phase of the UN's CORSIA international aviation offsetting scheme.
    • Tue 17:57
      Climate negotiators approved the agenda for their 10-day Bonn meeting on Tuesday evening, after a tense first two days in which some pushed to include discussions on unilateral trade measures like border carbon fees and the role of wealthy countries in providing climate finance.
    • Tue 17:54

      Forest carbon cash - The Democratic Republic of Congo (DRC) has received a $19.47 mln payout from the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing 3.89 mln tonnes CO2, the World Bank announced earlier this month. In addition to these emissions reductions, which have been bought up upon verification as carbon credits by the World Bank, the DRC will retain 1.7 mln credits (a pre-agreed 30% share of the total), minus a buffer pool contribution, from the rest of the emissions reductions achieved. The government may then either bring these units to market independently, or sell them back to the World Bank. The DRC’s FCPF jurisdictional emissions reduction programme targets forest protection and restoration in the Mai Ndombe province. It is the first payment under a broader agreement that could unlock up to $55 mln for 11 mln tonnes of emissions reductions.

    • Tue 17:26
      CORC blimey -  The price of Puro.earth issued carbon removals has risen to €145.65 in May from €143.51 in April, according to data released by the registry and marketplace on Tuesday. The CORC carbon removal index, a collaborative endeavour between Puro and Nasdaq, tracks the price of sequestering carbon through engineered removals. The index shows the price has risen over €15 since December, when the price stood at €129.00.
    • Tue 17:05
      Italy has joined France and others in urging the European Union to recognise international carbon credits under Article 6 of the Paris Agreement as eligible contributions towards meeting the bloc’s 2040 climate target.
    • Tue 17:04
      Dangerous distraction - Carbon markets are a 'false solution' to Africa’s climate finance needs, according to a new policy briefing by Africa-based think tank Power Shift Africa. Carbon markets risk undermining Africa’s climate sovereignty by entrenching extractive economic patterns, delaying Africa’s just energy transition, fostering land-grabs and, by failing to address climate change, further destabilising the Earth’s life support systems, leaving Africans first and worst affected. Power Shift Africa said that climate finance should instead take the form of grants and direct budget support rather than loans or offset-based mechanisms . Debt cancellations, tax reform, and reparations are also mooted as ways to raise the much needed cash, the report said.
    • Tue 16:26
      The Clean Development Mechanism (CDM) Executive Board, at its latest meeting, approved changes to a key tool used in calculating the proportion of biomass harvested unsustainability for cookstoves, which could have a huge influence on credit issuance in the voluntary carbon market.
    • Tue 16:17
      France supports using international credits delivered under Article 6 of the Paris Agreement as a way to meet the EU's 2040 emission reduction target, the French ecology minister said on Tuesday, arguing their inclusion could be a way to forge new partnerships and contribute to climate finance.
    • Tue 16:10
      The governments of Norway and Switzerland have completed the first international transfer of carbon removal credits under Article 6.2 of the Paris Agreement, in a pilot deal structured by a CDR portfolio manager and supported by a Swiss buyers' coalition.
    • Tue 14:28
      Cookstoves could be the catalyst that drives a wider voluntary carbon market rebound in 2025, sources have told Carbon Pulse, with a large pipeline of credits now advancing fast towards obtaining the first Core Carbon Principles (CCPs) integrity labels for the sector, and new supply soon be marked as eligible for the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
    • Tue 13:54
      Time to bond The Nigerian government has issued a NGN 50 bln ($32.3 bln) sovereign green bond to support the country meet its Paris Agreement targets. Patience Oniha, the director-general of Nigeria’s debt management office, announced the bond this week during a meeting in Lagos. The News Agency of Nigeria reported that the green bond is targeted at institutional investors committing a minimum of NGN 10 bln. The bond will run for five years, funding climate projects that will help Nigeria fulfil its Nationally Determined Contribution (NDC) and mitigate extreme heat, shifting weather patterns, and rising desertification.
    • Tue 13:42
      Japanese shipping firm Mitsui O.S.K. Lines and Malaysia's MISC Berhad have formed a joint venture with a CCS-focused subsidiary of oil major Petronas to develop and own vessels that transport liquid CO2, the companies announced Tuesday.
    • Tue 09:07
      Two years after a sweeping complaint against European airlines for misleading environmental claims, consumer advocates say greenwashing remains widespread in the aviation sector, despite regulatory pressure, national court rulings, and some changes to airline marketing practices.
    • Tue 01:31
      Most countries’ national climate targets are inconsistent with what would be considered their fair share of global emissions cuts needed to meet the Paris Agreement’s temperature goals, according to a new study.

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