INTERVIEW: Cookstove partnership targets countries offering Article 6 authorisation to roll out projects

Published 17:15 on May 28, 2024  /  Last updated at 09:45 on May 29, 2024  / /  Africa, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

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.

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Petrobras presses on with support for nature-based voluntary carbon projects

Published 15:35 on May 23, 2024  /  Last updated at 15:35 on May 23, 2024  / /  Americas, Nature-based, South & Central, Voluntary

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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BRIEFING: EUA price must hit €150/t to push ship owners to adopt greener fuel

Published 15:35 on May 22, 2024  /  Last updated at 15:35 on May 22, 2024  / /  EMEA, EU ETS, International, Shipping

EUAs need to be trading at least €150 per tonne to start incentivising ship owners to switch to biofuels in a subsidised environment, while the price would need to be markedly higher than that to ensure a shift to more expensive green fuels like ammonia or methanol, a freight manager told a conference Wednesday.

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Pollinator biodiversity around solar farms to be assessed by AI and acoustic monitoring

Published 00:01 on May 22, 2024  /  Last updated at 12:43 on May 21, 2024  / /  Biodiversity, EMEA

An upcoming study will look at the impact of solar farms on nature by deploying artificial intelligence (AI) technology alongside acoustic monitoring to assess pollinator levels.

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Biodiversity credits should learn from voluntary carbon, require regulatory oversight -investors

Published 16:45 on May 20, 2024  /  Last updated at 16:54 on May 20, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

The evolving market for biodiversity credits should seek to avoid some of the pitfalls of the voluntary carbon market (VCM), while capitalising on the interdependencies between climate and nature, said speakers during an event in London on Monday.

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FEATURE: Just transition approaches need refinement, some countries lead the way

Published 15:43 on May 17, 2024  /  Last updated at 15:43 on May 17, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Middle East, US

Public backing for the low-carbon transition is a key cornerstone of enabling economies to shift towards a 1.5C-aligned world, with a growing number of countries now acknowledging the importance of a ‘just transition’, though approaches diverge significantly and finance remains a key stumbling block.

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INTERVIEW: Developer of low-concentration CO2 capture strives for below $100/t in a decade  

Published 14:33 on May 17, 2024  /  Last updated at 09:44 on June 4, 2024  / /  Americas, International, US, Voluntary

A developer of carbon capture technology using a new class of material able to capture CO2 at very low concentrations aims to reach costs of below $100 per tonne in the next decade, thanks to its high energy efficiency and use of low-grade waste heat.

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Cement and lime consortium urges UK govt to accelerate market uptake of CCS

Published 12:02 on May 15, 2024  /  Last updated at 13:28 on May 15, 2024  / /  EMEA, UK ETS, Voluntary

A consortium of cement and lime producers together with an energy company are calling on the UK government to speed up routes to market for commercially mature carbon capture and storage (CCS) projects in order to unlock private investment and allow the country to meet its net zero target.

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BRIEFING: UK launches roadmap for high-integrity marine natural capital markets

Published 00:01 on May 15, 2024  /  Last updated at 19:06 on May 14, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services.

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INTERVIEW: Voluntary carbon credits to improve affordability of home retrofits for UK homeowners

Published 16:01 on May 13, 2024  /  Last updated at 16:01 on May 13, 2024  / /  EMEA, Voluntary

The first scheme allowing UK homeowners to more easily afford energy efficiency retrofits partially aided by the sale of voluntary carbon credits will be piloted among at least 1,000 homes, with potential to engage a huge number of citizens via partnerships with their mortgage providers.

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