BRIEFING: CSRD to help inform investment decisions and level playing field in company disclosures
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.
Read MoreINTERVIEW: EU CBAM could see trade flows redirected -commodity house
Trade flows of affected products under the EU’s Carbon Border Adjustment Mechanism (CBAM) could be redirected to markets outside the EU to avoid compliance with the scheme, leading to uneven competitive landscapes and a need for international coordination on carbon pricing, said a commodities price reporting agency.
Read MoreGroup of African countries calls on SBTi to support corporate offsetting -Reuters
A group of West African countries has reportedly appealed to the Science Based Targets initiative (SBTi) to include a provision for carbon offsetting within its net zero guidance to companies, saying that credit revenues are crucial to supporting communities and conservation efforts.
Read MoreIntegrate carbon removals into compliance markets to scale demand -Oxford
More robust policy to support carbon removals (CDR) and integration into compliance markets will be needed to boost demand to the levels needed to meet the Paris Agreement goal, say University of Oxford scientists.
Read MoreFEATURE: Paris Olympics to use range of voluntary carbon credits in bid to be ‘Greenest Games’
The Paris Olympics is purchasing credits from a variety of carbon projects in the local region and abroad to offset its residual emissions, while striving to halve emissions compared to previous Games to reach a total of around 1.5 million tonnes of CO2 emissions.
Read MoreINTERVIEW: Crucial for compliance schemes to be tech agnostic when integrating carbon removals
A startup accelerator has stressed the need for a tech-agnostic approach when integrating carbon removals into the UK and EU compliance schemes, pointing to the early-stage nature of the market and fact that some methods are still in development.
Read MoreFEATURE: AI speeds up understanding of biodiversity and could improve decision making on nature
Developments in artificial intelligence (AI) are speeding up the time it takes to process large amounts of scientific data and could potentially help scientists make better decisions about how to preserve biodiversity, say industry experts.
Read MoreScotland gears up on climate adaptation with support for economy-wide measures, says official
Extra funding for flood defences and a network of climate action hubs are among the Scottish government’s response to the urgent need for adaptation to warming temperatures, with the country experiencing hotter summers and more coastal erosion, said a government representative on a webinar.
Read MoreINTERVIEW: Cookstove partnership targets countries offering Article 6 authorisation to roll out projects
A partnership between a clean cooking project developer and a carbon investor is prioritising countries that are ready to issue letters of authorisation (LOA) for the roll out of its new cookstoves, given the growing demand for Article 6-aligned credits.
Read MorePetrobras presses on with support for nature-based voluntary carbon projects
Nature-based voluntary carbon projects, such as reforestation in the Amazon, are cost-effective and critical for the planet with known and manageable risks, with Petrobras now developing its credit strategy focused on the sector, an executive of a Brazilian oil company told a conference Thursday.
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