ICVCM adopting ‘blunt’ approach to assessing voluntary carbon integrity after ruling out renewables, say analysts

Published 13:04 on September 19, 2024  /  Last updated at 13:04 on September 19, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

The Integrity Council for the Voluntary Carbon Market (ICVCM)’s recent decision to rule out renewable energy credits from its high integrity CCPs tag reflects a “somewhat blunt approach”, according to analysts at MSCI Carbon.

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Swiss building materials producer invests in low-carbon cement startup

Published 12:58 on September 19, 2024  /  Last updated at 12:58 on September 19, 2024  / /  Americas, EMEA, US, Voluntary

A Switzerland-based multinational construction materials manufacturer has invested in a low-carbon cement technology startup to decarbonise buildings at scale, it announced on Thursday.

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Euro Markets: Midday Update

Published 12:19 on September 19, 2024  /  Last updated at 12:19 on September 19, 2024  / /  EMEA, EU ETS, UK ETS

EU allowance prices ground their way higher on Thursday morning amid steady but unspectacular buying, tracking firming natural gas prices, but remaining locked within the €63.00-€65.00 range that has been in place ahead of next week’s September options expiry.

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EU’s upcoming ‘Industrial Decarbonisation Accelerator Act’ starts to take shape

Published 11:56 on September 19, 2024  /  Last updated at 11:56 on September 19, 2024  / /  EMEA, EU ETS

The European Commission’s upcoming Industrial Decarbonisation Accelerator Act will aim to improve the business case for the green transition in energy-intensive industries and the wider economy, a senior EU official has said.

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Trio announces collaboration to build Rwandan Article 6 project pipeline

Published 11:56 on September 19, 2024  /  Last updated at 11:56 on September 19, 2024  / /  Africa, Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

Gold Standard and Singapore-based GenZero on Thursday announced they have teamed up with Rwandan government agencies to develop a pipeline of projects in the African country eligible to earn carbon credits under Article 6 of the Paris Agreement.

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Voluntary carbon investor to buy millions of forestry credits from Mexican project

Published 11:39 on September 19, 2024  /  Last updated at 11:39 on September 19, 2024  / /  Americas, Mexico, Nature-based, South & Central, Voluntary

A voluntary carbon investor has signed a deal for the offtake of 300,000 credits per year from a forest restoration initiative in Mexico.

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Trading house sells first CORSIA-certified SAF in Japan

Published 11:00 on September 19, 2024  /  Last updated at 11:00 on September 19, 2024  / /  Asia Pacific, Aviation/CORSIA, International, Japan

A Tokyo-listed trading house has teamed up with two international partners to make the first batch of sustainable aviation fuel certified by the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) available for purchase in Japan.

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UK govt funds water company’s project to develop nature-based solutions

Published 10:59 on September 19, 2024  /  Last updated at 10:59 on September 19, 2024  / /  Biodiversity, EMEA

An environmental company and a water firm in the UK have secured funding from the government to develop a £580,000-project aimed at unlocking nature-based solutions to restore habitats and improve water management.

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World Bank unit, Danish agtech partner to advance soil carbon farming in Eastern Europe

Published 10:01 on September 19, 2024  /  Last updated at 10:01 on September 19, 2024  / /  EMEA, Nature-based, Voluntary

A World Bank unit and a Copenhagen-based agtech will collaborate to close the ‘finance gap’ in sustainable farming across Eastern Europe, according to a press release.

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Brewery to explore using biochar for carbon storage, biodiversity uplift

Published 09:34 on September 19, 2024  /  Last updated at 09:34 on September 19, 2024  /  Asia Pacific, Japan, Nature-based, Voluntary

A Japanese brewery has partnered with researchers to explore the impacts of applying biochar to malting barley in order to store carbon eligible for J-Credits and at the same time boost soil microorganism biodiversity.

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