Climate Impact Partners appoints CEO from global utility

Published 15:25 on January 4, 2023  /  Last updated at 15:25 on January 4, 2023  / /  Bavardage, Voluntary

Carbon credit provider Climate Impact Partners has appointed former GE executive Sheri Hickok as its new CEO, succeeding Vaughan Lindsay, the company said on Wednesday.

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Brazil’s Lula re-activates Amazon Fund on first day as president

Published 21:37 on January 3, 2023  /  Last updated at 21:37 on January 3, 2023  / /  Americas, EMEA, International, Nature-based, South & Central

Brazilian President Luiz Inacio Lula da Silva reopened the country’s Amazon Fund at his inauguration on Sunday, prompting a release of forest protection funds from Norway and Germany while Britain suggested it could join.

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FEATURE: Ghana emerges as frontrunner on Paris Agreement-era carbon sales

Published 22:08 on December 21, 2022  /  Last updated at 09:06 on December 22, 2022  / /  Africa, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Switzerland, Voluntary

Ghana is fast developing global leadership as a seller of carbon credits under the Paris Agreement’s Article 6 international trade provision by establishing levies on such exports, having already developed key relationships with several buyer nations and big-hitting trading houses.

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Fund launches call for climate contribution projects ahead of third cash allocation

Published 14:23 on December 20, 2022  /  Last updated at 14:23 on December 20, 2022  / /  EMEA, Nature-based, Voluntary

A fund set up as an alternative to carbon offsetting has launched a three-pronged call for proposals ahead of its third round of allocations of grants and pre-purchases in Q2 2023.

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US soil carbon removals firm secures $12 mln to expand farmland reach

Published 19:46 on December 15, 2022  /  Last updated at 19:46 on December 15, 2022  / /  Americas, Nature-based, US, Voluntary

A two-year-old US-based soil carbon removal company on Thursday announced the close of a Series A funding round exceeding $12 million.

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EU’s Innovation Fund to disburse €62 mln for small-scale projects

Published 17:05 on December 13, 2022  /  Last updated at 17:05 on December 13, 2022  / /  EMEA, EU ETS

The EU is investing over €62 million in 17 small-scale clean tech projects, the European Commission said on Tuesday, detailing a fourth round of grant awards under the ETS-powered Innovation Fund.

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EU legislators strike provisional deal to impose carbon border measures 

Published 08:17 on December 13, 2022  /  Last updated at 09:33 on December 15, 2022  / /  Carbon Taxes, CBAM, EMEA, EU ETS

EU legislators reached a provisional agreement early on Tuesday to impose a carbon border adjustment mechanism (CBAM) on selected imported goods, though the pace of its replacement with EU ETS free allocation as a carbon leakage protection measure is yet to be determined. 

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Euro Markets: EUAs slip but still notch 3.1% weekly gain despite ‘fragility’

Published 17:50 on December 9, 2022  /  Last updated at 08:26 on December 12, 2022  / /  EMEA, EU ETS, UK ETS

EUA prices dipped on Friday but still managed a weekly gain, as a supportive energy complex and options-related positioning eclipsed warnings that the recent rally to a three-month high is overdone.

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Nature carbon fund manager eyes expansion, new funds in 2023

Published 17:07 on December 8, 2022  /  Last updated at 17:07 on December 8, 2022  / /  Asia Pacific, Australia, Nature-based, Voluntary

A nature-focused carbon fund manager is set to boost its portfolio of funds next year, with the owners eyeing what they see as growing demand for carbon credits from institutional investors.

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SBTi launches 1.5C-aligned roadmap for shipping sector companies

Published 23:45 on December 7, 2022  /  Last updated at 23:45 on December 7, 2022  / /  International, Shipping, Voluntary

Corporate climate goal-setting template provider SBTi has launched new guidance for the shipping sector, requiring maritime companies to reach net zero CO2 output by 2040.

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