BRIEFING: New demand, de-risking to scale voluntary carbon market, says industry
New voluntary carbon market (VCM) demand drivers and increasingly mature de-risking measures are poised to scale the VCM but need more traction, according to a panel of industry experts speaking Wednesday.
Read MoreEuro Markets: EUAs claw back early losses in energy-fuelled rally as COT shows larger cut in fund shorts
European carbon prices fluctuated in a €2.70 range on Wednesday after relatively rangebound trading on Tuesday as prices moved in sync with swings in energy markets, while the publication of weekly Commitment of Traders data that showed the biggest reduction in investment funds’ bearish bets in a month failed to generate a significant response from the market.
Read MoreEU lawmakers make final appeal before elections to save the Green Deal
Members of the European Parliament made one last rallying cry to salvage the Green Deal this week, as the bloc’s flagship climate neutrality programme faces an uncertain future with the prospect of a larger far-right presence following upcoming EU elections.
Read MoreUS rating agency partners with offset platform to launch “highly-rated” carbon credit portfolio
A carbon offset buyer platform will offer a portfolio of credits vetted by a ratings agency to be “highly-rated” as part of a newly formed partnership announced Wednesday.
Read MoreEU passes law making carbon tracking obligatory for goods sold in Europe
The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.
Read MoreBRIEFING: Sweeping corporate due diligence law, requiring climate transition plans, passes EU Parliament
The European Parliament approved sweeping new rules on Wednesday that will oblige companies to mitigate their negative impacts on human rights and the environment and adopt energy transition plans.
Read MoreSoil carbon prices in India need to rise 60% to incentivise conservation agriculture -study
Soil carbon prices in India will need to increase by 60% to encourage wider adoption of conservation agriculture for carbon credit generation in India under Verra’s VM0042 methodology, a study published this week in the journal Nature suggests.
Read MoreEU Parliament votes for ratification of high seas treaty
The EU Parliament has voted in favour of the EU ratification of the UN’s Biodiversity Beyond National Jurisdictions (BBNJ) treaty during a plenary on Wednesday, paving the way for member states to move their national processes along swiftly.
Read MoreBhutan govt, NGO coalition pledge to mobilise $1 bln for tiger preservation
Bhutan’s government and a group of conservation NGOs have committed to catalyse $1 billion to protect tigers and their habitats over the next decade.
Read MoreINTERVIEW: Durable carbon removals present new challenges, risk profile for insurance
Carbon insurers, previously focused on nature-based solutions (NBS) credits, are entering the arena of durable CO2 removals (CDR) and adapting existing insurance strategies to suit a new risk profile, according to a specialist speaking to Carbon Pulse.
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