BRIEFING: IMF falls short on climate finance and needs reforms, world leaders say
Leaders of countries most vulnerable to the impacts of climate change called on the International Monetary Fund (IMF) to reform its programmes to better support climate resilience and sustainable development during a panel Tuesday.
Read MoreFEATURE: Clean cooking sector on tenterhooks after alleged fraud slips past VCM quality checks
Inconsistencies in the verification of clean cookstove initiatives developed by C-Quest Capital, which saw its former executives charged with fraud earlier this month by US federal prosecutors, have sent shockwaves across the voluntary carbon market (VCM) ahead of crucial integrity decisions concerning this project type.
Read MoreCalifornia county officials unanimously approve state’s first large-scale CCS facility
A California carbon capture and storage (CCS) project was approved by local officials on Monday amid public opposition, enabling underground storage of up to 49.1 million tonnes of CO2 in depleted oil fields.
Read MoreCanada’s CO2 removal procurement programme should prioritise permanent removals -report
Canada’s new federal effort to purchase CO2 removal (CDR) services to help green governmental operations must be designed in a way to prioritise support for permanent carbon removal and storage services, an October report said.
Read MoreBrazil leverages R$45 bln in funding for climate projects via inaugural programme auction -media
Brazil’s programme to attract foreign finance towards green infrastructure projects announced the results of its first auction on Friday, detailing the terms of the public-private partnership required for capital deployment of approximately R$45 billion ($7.9 million).
Read MoreVerra cancels 5 mln over-issued credits from CQC projects following investigation
Verra has cancelled over 5 million voluntary carbon credits issued to C-Quest Capital (CQC) projects following an investigation launched back in June, also in the wake of charges of fraud by US authorities on former executives at the company.
Read MoreBRIEFING: California watchdog expedites annual report in anticipation of cap-and-trade programme reauthorisation talks
California’s carbon market watchdog targets an early-2025 publication of its 2024 annual report in tandem with expected conversations in the state legislature regarding extension of the WCI cap-and-trade programme, committee members discussed Wednesday.
Read MoreUS ELECTIONS PREVIEW: Next US administration to determine future path of domestic, international environmental policy focus
With under a month to US elections, Carbon Pulse’s North American team has sourced insights from a wide network of policy analysts and industry stakeholders on some of the key environmental issues potentially at stake depending on which candidate occupies the White House next year.
Read MoreCanada announces plans to advance mandatory emissions disclosures
Canada will move forward with mandating climate-related financial disclosures for large, federally incorporated private companies, the federal government announced Wednesday, and also provided detail on progress towards a Canadian taxonomy for sustainable investment.
Read MoreVerra publishes new cookstoves methodology
Verra replaced its prior cookstoves protocols on Wednesday, retaining the UN approach to calculate emissions reductions from its initial version, but eliminating opportunity for other devices such as ovens, heaters, and dryers, to generate voluntary carbon credits.
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