ISO’s new climate neutrality standard risks adding to greenwashing, campaigners warn
ISO’s new climate neutrality standard risks promoting greenwashing, despite an EU attempt to better regulate environmental claims, an NGO has warned.
Read MoreEuro Markets: EUAs rise to four-month high as gas hedging drives market higher after quiet start
European carbon prices extended their gains to a new four-month high on Tuesday, as early profit-taking in thin trading gave way to a strong rally, driven largely by rising natural gas prices ahead of the expiry of the June options contract later this week, while UK Allowance prices hovered near yesterday’s four-month high amid continued healthy demand.
Read MoreTwo UK firms team up to target Britain’s rich peatland market
Two UK firms are teaming up to support peatland projects in the UK that could generate both carbon and biodiversity credits next year.
Read MoreCarbon pricing revenues exceed $100 bln for first time in 2023, still not aligned with Paris -World Bank
Carbon pricing revenues have exceeded $100 billion for the first time, the World Bank said in an annual analysis, though levels continue to fall short of the ambition needed to achieve the Paris Agreement goals.
Read MoreEarly Article 6 carbon credits on sale above $20 ahead of series of auctions for ITMOs
Around half a million reforestation credits from a project in Kenya are being marketed for sale currently under Article 6.4 of the Paris Agreement as part of a partnership between a new Qatar-based centre and a marketplace to spearhead the auctions of sovereign credits in the run up to 2030.
Read MoreUK biodiversity net gain marketplace lists 25,000 units at £30k average
A London-based marketplace has listed over 25,000 off-site biodiversity net gain (BNG) units at an average price of almost £30,000 ($38,000) each, though demand has been slow.
Read MoreNature Positive Initiative announces partnership to find common metrics
The Nature Positive Initiative (NPI) has partnered with consultants EY and The Biodiversity Consultancy (TBC) to establish metrics tailored to nature positive claims.
Read MoreUK confirms will not carry over emissions ‘surplus’ to fourth carbon budget
The British government confirmed that it will not carry over any so-called ‘surplus’ emissions from its 2018-22 carbon budget into the current fourth iteration in a statement Tuesday.
Read MoreItalian firm prepares to launch voluntary biodiversity credit offsetting framework in Europe
An Italian nature tech firm is poised to release a set of standardised guidelines for a biodiversity framework late this year that will underpin its first certified biodiversity credits in 2025 for the European voluntary market, the company told Carbon Pulse.
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