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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Euro Markets: EUAs fall further on bearish near-term fundamentals, as funds extend net long position

Published 12:22 on December 4, 2024  /  Last updated at 17:08 on December 4, 2024  / /  EMEA, EU ETS, UK ETS

European carbon continued to slip lower off the back of weakening TTF natural gas prices, amid bearish near-term fundamentals for thermal power generation, as investment funds extended their net long position to the highest total since the end of July 2023.

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Asset manager invests $350 mln in Latin American regenerative agriculture

Published 12:19 on December 4, 2024  /  Last updated at 12:19 on December 4, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Chile-based investor Toesca Asset Management will invest $350 million in regenerative agriculture practices in Latin America, via a partnership with a UK-headquartered financier, to help reduce the impacts of agriculture on biodiversity loss and carbon emissions.

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EU needs to set permanent carbon removal targets in its next climate goal, experts say

Published 11:10 on December 4, 2024  /  Last updated at 19:02 on December 4, 2024  / /  CBAM, EMEA, EU ETS, Voluntary

The EU needs to include legally binding targets for permanent carbon removals in its climate goals for 2030-40, experts said this week. 

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UK energy retailer pledges £500k to woodland conservation charity

Published 11:00 on December 4, 2024  /  Last updated at 09:53 on December 4, 2024  / /  Biodiversity, EMEA

E.ON Next, a UK home energy supplier, has partnered with a woodland conservation charity and pledged to donate at least £500,000 over the next three years, the utility firm announced on Wednesday.

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Voluntary, Article 6 systems can co-exist without “competition” in bid to boost quality, says ICVCM co-chair

Published 10:32 on December 4, 2024  /  Last updated at 10:32 on December 4, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

The regulators of the voluntary carbon market and the emerging administration of the UN’s Article 6 mechanisms may be covering the same broad territory in terms of setting standards for carbon credits, but should not be seen as competitors, according to a senior member of the ICVCM.

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Australian outfit finds biodiversity credit demand in carbon partnership

Published 09:58 on December 4, 2024  /  Last updated at 09:58 on December 4, 2024  /  Asia Pacific, Australia, Biodiversity, New Zealand, Voluntary

An Australian project developer has sold 70,000 biodiversity credits over the past three months after striking a partnership with a carbon credit supplier to combine offerings.

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Most institutional investors target net zero, divided over role of carbon offsets -report

Published 09:56 on December 4, 2024  /  Last updated at 09:56 on December 4, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, US, Voluntary

Nearly two-thirds of asset owners and managers have committed to net-zero targets, yet opinions remain split on the role of carbon offsets in meeting these goals, according to a report released this week.

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Brussels preparing ‘net’ climate goal for 2040, EU sources confirm

Published 09:49 on December 4, 2024  /  Last updated at 09:49 on December 4, 2024  / /  EMEA, EU ETS

The European Commission is preparing to unveil its 2040 climate target proposal towards the end of February, based on the assumption that it will be a “net” greenhouse gas reduction objective of 90% that also includes CO2 removals from soils and forestry, a senior EU source told Carbon Pulse.

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Chinese papermaker secures contracts to grow carbon project pipeline

Published 08:39 on December 4, 2024  /  Last updated at 08:39 on December 4, 2024  / /  Asia Pacific, China

A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline. 

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