Consultancy launches new business line to help companies invest in carbon credits

Published 10:00 on May 9, 2024  /  Last updated at 16:31 on May 9, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, International, Middle East, Nature-based, Voluntary

A global sustainability consultancy has launched a new division focused on helping companies invest in high-quality carbon credits, building on its existing carbon markets strategy, it announced on Thursday.

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Brazil, India, Saudi Arabia among largest emitters most exposed to climate impacts

Published 00:01 on May 9, 2024  /  Last updated at 18:04 on May 8, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Middle East

A third of the countries responsible for the vast majority of global emissions could face some of the harshest climate change impacts, especially from heat, according to a new report by a risk intelligence company.

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Carbon removal competition selects 20 finalists to compete for $50 mln prize

Published 13:00 on May 8, 2024  /  Last updated at 17:26 on May 7, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Nature-based, US, Voluntary

A global competition to support innovators developing carbon removal solutions has announced its cohort of 20 finalists set to compete in the last stage, with $50 million up for grabs for the winning team able to demonstrate sustainable and cost-effective carbon removal from the atmosphere or ocean.

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INTERVIEW: Developer sells clean cooking credits for $30 through use of more conservative methodology

Published 12:00 on May 8, 2024  /  Last updated at 16:40 on May 9, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

A developer of clean cookstove projects in Kenya has sold its first tranche of credits to a multilateral buyer for several times the typical value of cookstove credits on the voluntary carbon market, with the credits the first to be issued for a biomass project in Africa under a new methodology.

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BRIEFING: Packed election year risks silencing discussions on climate, say former UN leaders

Published 18:30 on May 3, 2024  /  Last updated at 18:30 on May 3, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, Climate Talks, EMEA, International, Middle East, South Korea, US

Two former UN leaders highlighted the world risks losing sight of the urgency to tackle climate change over this packed election year, with conflicts and short-termism taking political priority, during an event in London on Friday.

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FEATURE: Corporates seek customised projects to tackle their waste footprints

Published 12:52 on May 3, 2024  /  Last updated at 08:55 on May 7, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International

Corporates are keen to support customised waste collection and recycling programmes that equate to their waste production footprint and potentially tie back to their own supply chain, with the plastic credit model not suited to all circumstances, say market stakeholders.

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Adjusted carbon credits don’t necessarily equate to high quality, say experts

Published 17:17 on May 2, 2024  /  Last updated at 17:17 on May 2, 2024  / /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Credit quality is more dependent on the certifying carbon standard and methodology than whether it has been authorised for corresponding adjustments by a host country government under the Paris Agreement, according to speakers on a webinar.

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Developers mixed in willingness to engage with Article 6 market, says standard body

Published 16:58 on May 1, 2024  /  Last updated at 16:58 on May 1, 2024  / /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

A carbon standard has said it sees a mixed approach among developers on their readiness to engage with Article 6, with some preferring to only transact on the voluntary market due to perceived investment uncertainties and risks relating to the UN mechanisms, while others are attracted to the high potential prices.

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UK waste-to-energy operator announces delivery plan for millions of carbon removals

Published 10:59 on May 1, 2024  /  Last updated at 10:59 on May 1, 2024  / /  EMEA, UK ETS, Voluntary

A UK-based waste-to-energy operator has announced plans to deliver 1.2 million tonnes of carbon removals across the UK by 2039, helping the country on its path to net zero by mid-century.

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BRIEFING: UK regional airports take first steps to develop hydrogen infrastructure

Published 17:05 on April 30, 2024  /  Last updated at 17:05 on April 30, 2024  / /  Aviation/CORSIA, EMEA, EU ETS, International, UK ETS

Regional airports in the UK are taking steps to develop the infrastructure behind hydrogen-powered flight, as they seek to support the decarbonisation pathway best suited to their short-haul customer base, participants heard on a webinar on Tuesday.

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