REDD sceptics highlight risks of avoided deforestation projects after claims of over-crediting
Carbon market stakeholders traditionally sceptical about the use of REDD credits for offsetting purposes reiterated their concerns this week, responding to claims of vast over-crediting under the programme.
Read MoreEU’s von der Leyen seeks closer US ties on clean tech, outlines industrial plan
European Commission President Ursula von der Leyen called for closer ties with the US on clean tech subsidies during a speech on Tuesday, while setting out details about a Brussels plan to ensure the EU gets better at nurturing its own industry while meeting net zero goals.
Read MoreUS envoy Kerry outlines next steps for ETA voluntary carbon market concept
US climate envoy John Kerry on Sunday set out initial core principles and the first experts for an advisory panel for the Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism.
Read MoreRatings firm puts high-scoring African REDD project ‘on watch’
A carbon credit ratings agency has put a highly-ranked Verra-certified REDD project on ratings watch for a potential downgrade, with a Gold Standard biogas project also facing scrutiny.
Read MoreCarbon removals marketplace strikes deal to help supply industry coalition
A carbon removals marketplace has agreed a partnership with the First Movers Coalition, adding to the companies providing member firms access to carbon removals to help them fulfil their buying mandates.
Read MoreUPDATE – Anew Climate commits up to $640 mln to nature-based offset developer Terra Global
Environmental services firm Anew Climate has agreed to invest as much as $640 million in nature-based carbon project developer Terra Global Capital to scale jurisdictional emissions reduction and removal efforts.
Read MoreXpansiv closes $125 mln capital raise, completes acquisition of Evolution
Xpansiv has closed a $125 million capital raise to help fuel continued growth, the environmental markets platform announced on Wednesday, while confirming the completion of last year’s acquisition of emissions brokerage Evolution Markets.
Read MoreCarbon credit provider updates corporate climate target template
A major carbon credit provider has published an updated 2023 version of longstanding blueprint designed to help companies to set near-term voluntary climate goals, but not requiring firms to establish a science-based emissions reduction target.
Read MoreNorway advances green hydrogen plans as Germany warms to CCS
Norwegian renewables powerhouse Statkraft gas ordered 40 MW of electrolysers from tech firm Nel, the companies said on Friday in a move that further boosts the country’s hydrogen capabilities following this week’s deepened energy partnership with Germany.
Read MoreUtility RWE teams up with Equinor on hydrogen-based decarbonisation efforts
Norway’s Equinor and Germany’s RWE plan to develop a large-scale hydrogen-based value chain to help transition Germany away from coal, the energy companies said on Thursday alongside a wider cooperation deal by their respective governments.
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