Recycling shifts focus away from effective ways to tackle plastic crisis -report

Published 09:00 on June 19, 2024  /  Last updated at 13:01 on June 14, 2024  / Bryony Collins /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International, Voluntary

Industry promotion of recycling through instruments like plastic credits distracts from the urgent need to reduce overall production, with less than 10% of plastic recycled globally, according to a sustainable finance think-tank.

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Indigo Ag sells its largest ever block of voluntary credits to tech giant

Published 11:00 on June 18, 2024  /  Last updated at 17:38 on June 15, 2024  / Bryony Collins /  Americas, Nature-based, US, Voluntary

US agtech firm Indigo Ag said it has secured its largest ever delivery of credits in one single transaction to a tech buyer eager to enrich its credit portfolio.

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INTERVIEW: Octopus Investments takes mixed approach to natural capital strategy

Published 10:38 on June 14, 2024  /  Last updated at 10:38 on June 14, 2024  / Bryony Collins /  Biodiversity, EMEA, Nature-based, Voluntary

A British investor launching a natural capital strategy is aiming for a strong risk-return profile by balancing investments in nascent markets like biodiversity with more assured sectors like renewable energy and afforestation.

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VCMI partners on initiative to improve climate prosperity using carbon markets

Published 11:21 on June 13, 2024  /  Last updated at 11:21 on June 13, 2024  / Bryony Collins /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

The Voluntary Carbon Market Integrity Initiative (VCMI) has agreed to work with a global partnership of vulnerable countries to broaden access to climate finance through the carbon markets.

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UBS partners with non-profit to limit investment impacts on nature

Published 08:00 on June 13, 2024  /  Last updated at 10:13 on June 12, 2024  / Bryony Collins /  Biodiversity, EMEA, International, Nature-based, Voluntary

UBS has partnered with a nature-focused non-profit to better understand how to limit impacts to nature in clean energy investments, with the findings released on Thursday.

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INTERVIEW: Finnish paper giant sees rising demand for synthetic fuels to support CO2 capture

Published 07:15 on June 13, 2024  /  Last updated at 16:46 on June 12, 2024  / Bryony Collins /  Aviation/CORSIA, EMEA, International, Shipping, Voluntary

Rising demand for synthetic fuels in aviation and shipping to meet EU decarbonisation targets is driving plans to install carbon capture facilities at pulp and paper mills in the Nordics, with potential to capture about 12 million tonnes of biogenic CO2 annually.

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Removals registry launches new protocol for biogenic carbon capture

Published 16:35 on June 12, 2024  /  Last updated at 16:35 on June 12, 2024  / Bryony Collins /  EMEA, International, Voluntary

A removals registry has developed a protocol for biogenic carbon capture and sequestration (BCCS), with requirements on the sourcing of sustainable biomass, and a bioenergy producer signed on as the first supplier.

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FEATURE: ‘Dual approach’ to Article 6 projects under discussion in Philippines

Published 08:59 on June 12, 2024  /  Last updated at 08:59 on June 12, 2024  / Bryony Collins /  Asia Pacific, International, Paris Article 6, Voluntary

In developing the framework to authorise Article 6 projects, the Philippines may allow developers to generate ITMOs as long as they also support the country in meeting its NDC by generating a secondary project for the domestic market.

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DAC developer signs partnership to store captured CO2 in aquifer under the Mediterranean

Published 08:00 on June 12, 2024  /  Last updated at 16:01 on June 5, 2024  / Bryony Collins /  EMEA, Voluntary

A developer of direct air capture (DAC) technology is partnering with a carbon storage business in the Mediterranean to use its technology to capture CO2 and store it in a saline aquifer off the shores of Greece.

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BRIEFING: CSRD to help inform investment decisions and level playing field in company disclosures

Published 16:11 on June 11, 2024  /  Last updated at 16:11 on June 11, 2024  / Bryony Collins /  EMEA, International, Voluntary

The increasing disclosure requirements placed on companies under the EU’s Corporate Sustainability Reporting Directive (CSRD) from next year will help to inform investment decision making and level the playing field in terms of what companies disclose, a sustainability executive said at a conference on Tuesday.

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