INTERVIEW: Carbon revenue, bio-based materials trend fund bamboo planting in Europe

Published 09:51 on May 10, 2024  /  Last updated at 09:51 on May 10, 2024  / /  Asia Pacific, EMEA, International, Nature-based, Voluntary

Revenue from carbon credit sales combined with selective harvesting to meet growing demand for bio-based material can help support support bamboo planting in Europe, according to a developer of bamboo-based carbon projects.

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Cement giant trials new carbon capture from flue gas technology at UK plant

Published 12:18 on May 9, 2024  /  Last updated at 12:18 on May 9, 2024  / /  EMEA, International

A large cement maker is trialling new technology developed by a UK-based carbon capture company to capture CO2 from the flue gas at one of its manufacturing plants.

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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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