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- The government of Kazakhstan announced a memorandum of understanding (MoU) under Article 6.2 of the Paris Agreement regarding a forestry project targeting more than 1.2 million tonnes of CO2 removals.
- Wed 22:59The standard body is cutting project review timelines, rolling out digital systems, as well as expanding Article 6 and CORSIA labelling guidance, it said in a Wednesday stakeholder update, as it also published auditor scorecards on the same day.
- Wed 22:01Nearly a fourth of the Kyoto Protocol’s Clean Development Mechanism (CDM) era projects transitioning into the Paris Agreement’s Article 6.4 market risk overlapping with land used by Indigenous Peoples and local communities, according to an analysis that geospatially mapped hundreds of projects.
- Wed 16:40A European Parliament debate on the EU’s response to the Middle East crisis veered onto the bloc’s carbon pricing system, as MEPs clashed over whether the ETS and border carbon fee are shielding people from fossil fuel shocks or piling costs onto households, farmers, and industry.
- A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
- Wed 14:14Countries remain divided on what a Net-Zero Framework (NZF) for global shipping should look like, with some calling on Wednesday to scrap its carbon levy, and others to ditch any mechanism that collects revenue.
- Wed 13:36US researchers have published an independent national GHG inventory covering three decades of emissions data, after the Environmental Protection Agency (EPA) missed its annual reporting deadline for the second consecutive year.
- Wed 12:23COP31 energy talk - The incoming Turkish COP31 presidency and the IEA are kicking of a series of high-level energy transition dialogues on Thursday in Paris, the presidency said in an emailed statement. The talks will feed into the presidency and IEA's efforts to shape a focused, credible, and delivery-oriented strategy this year on the energy transition - including renewables deployment, green industrialisation, and clean cooking. At the meeting on Thursday, presidency will present its strategic vision and priorities for COP31, and gather views from international partners.
- Wed 10:53The EU's carbon border fee appears to be distorting electricity flows between the EU and the Western Balkans countries, which risks reducing the amount of clean power flowing from these countries into the bloc, according to a report by an energy community body.Â
- Wed 10:46A flurry of Sub-Saharan African clean cookstoves were cleared to generate international carbon credits this past month, injecting fresh supply into the aviation offsetting scheme CORSIA, and the wider international market.Â
- Wed 08:04Indian steelmakers have been setting ambitious climate targets, but a recent report found that failure to back those goals with capital spend is leaving the sector lagging global peers on decarbonisation efforts, even as emissions intensity worsens.
