Ecuador, Barbados work on debt swap deals to drive nature, climate resilience investments

Published 16:47 on December 4, 2024  /  Last updated at 16:47 on December 4, 2024  / /  Americas, Biodiversity, South & Central

Ecuador is reportedly preparing to enter into its second deal to swap debt for conservation funding in the Amazon rainforest, according to a stock exchange filing released this week, while Barbados has announced a first of its kind debt-for-climate-resilience arrangement.

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Swiss foundation ups 2030 international carbon credit buying target to 20 mln

Published 16:32 on December 4, 2024  /  Last updated at 16:32 on December 4, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6

The Klik Foundation plans to buy around 20 million international carbon credits under Article 6 by the end of 2030, up from an earlier forecast for 15 mln, according to presentation slides circulated Wednesday.

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Europe-wide CO2 market, including UK, may reduce storage costs by 20% -report

Published 16:30 on December 4, 2024  /  Last updated at 16:29 on December 4, 2024  / /  EMEA, EU ETS, UK ETS, Voluntary

A Europe-wide market for CO2 with access to the UK could reduce carbon storage costs by 20%, equal to €11 per tonne, according to a report released on Wednesday.

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Gender equality can strengthen integrity of carbon credits, experts say

Published 16:23 on December 4, 2024  /  Last updated at 16:30 on December 4, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

Developers can bolster the integrity of the carbon credits they sell by making sure there is gender equality across the design, implementation, and monitoring of their projects, according to experts. 

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Carbon capture could have huge climate impact for cement sector -report

Published 15:45 on December 4, 2024  /  Last updated at 15:45 on December 4, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Cement decarbonisation technologies, including carbon capture, supplementary cementitious materials, and alternative fuels could help the sector cut an extra 422 million tonnes of CO2 emissions over the next decade, according to a new report.

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INTERVIEW: The asset manager with the billion-dollar brick in the regenerative agriculture wall

Published 15:42 on December 4, 2024  /  Last updated at 15:42 on December 4, 2024  / /  Americas, Biodiversity

UK-based investor Climate Asset Management (CAM) reveals how it has attracted $1 billion in investment following increasing interest in regenerative agriculture, high-quality food, and nature impacts.

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Shipping sees data, contracting, admin challenges in first year under EU ETS

Published 14:30 on December 4, 2024  /  Last updated at 14:30 on December 4, 2024  / /  EMEA, EU ETS, International, Shipping

One year into the inclusion of shipping in the EU ETS, the system is now “well understood” by the maritime sector – but issues persist regarding data transparency, division of contractual responsibilities, and access to EU accounts, according to a maritime data analytics firm in its 2024 review.

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US methodology developer unveils first registry-independent standard for carbon removal

Published 13:43 on December 4, 2024  /  Last updated at 13:43 on December 4, 2024  / /  Americas, EMEA, US, Voluntary

A US-based methodology developer has launched the first registry-independent standard in the carbon removal (CDR) market, the company announced on Wednesday.

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AI-powered climate tech firm discontinues VCM platform, services

Published 13:08 on December 4, 2024  /  Last updated at 14:30 on December 4, 2024  / and /  Americas, Asia Pacific, Bavardage, EMEA, Nature-based, Voluntary

An AI-powered climate tech company has shut down its online voluntary carbon market platform and halted access to its project data and other services.

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Voluntary carbon market can grow with clear regulation, firm contracts, and digitalised data, say experts

Published 12:36 on December 4, 2024  /  Last updated at 12:36 on December 4, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, Voluntary

The voluntary carbon market has done a considerable amount of work to address criticisms over standards and environmental integrity, but now it needs the finance sector to help create the conditions for large-scale demand to trigger the investment required to scale up the market, according to speakers at a conference on Wednesday.

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