COP28: EU’s Von der Leyen calls for common standards to unite voluntary carbon market
European Commission President Ursula Von der Leyen on Thursday highlighted the key role the voluntary carbon market can play in accelerating the roll-out of global carbon pricing, while emphasising that the market needs common standards to improve trust in the credibility of projects on the part of investors.
Read MoreINTERVIEW: Production of sewage-based SAF could help scale up availability of greener aviation fuel
A new process of making sustainable aviation fuel (SAF) from sewage could be an important feedstock for the growing market for green aviation fuel, particularly in population-dense areas, with potential to also produce biochar that can generate carbon credits.
Read MoreCOP28: Boosting climate resilience of food and agriculture to be new focal point at UN climate talks
Greater focus will be given to food and agriculture this year at COP28 in Dubai, as the links between food production and climate change become increasingly apparent, with a day dedicated to the topic and a concerted push to get governments to align agricultural policies with their emissions pledges.
Read MoreINTERVIEW: Biochar developer raises capital to fund scale-up of commercial facilities
A European-based biochar developer has completed a funding round with capital raised from both existing and new investors, to fund its transition from proof-of-concept to the building of commercial-scale facilities.
Read MoreUK national parks seek new company partnerships and private finance as nature-based credit prices forecast to rise
An organisation representing the UK’s 15 national parks is looking to secure fresh partnerships with the private sector for nature restoration opportunities and investment, as new research suggests that the price of UK nature-based carbon credits could rise to £150 ($188) per tonne by the end of the decade.
Read MoreEmissions simulator platform launched to simplify international climate compliance for ship operators
Ship operators can optimise environmental performance and reduce emissions across entire fleets, helping them to more easily comply with international climate regulations, using a new simulator platform launched Wednesday that will later be adjusted to assist with EU ETS compliance.
Read MoreFEATURE: Health companies reliant upon nature are among the first to engage with TNFD
Health companies reliant on functioning ecosystems and healthy water supplies for business continuity are taking the lead in reporting their nature dependencies through the Taskforce on Nature Related Financial Disclosures (TNFD) and striving to curb their impacts on the natural world, with several leading multinationals mapping their value chains to understand their biodiversity impacts more closely.
Read MoreGovernment climate pledges are too reliant on land-based carbon sinks -report
Greater pressure should be placed in COP28 negotiations on countries to deliver fast and effective emissions reductions by phasing out fossil fuels and transitioning to low-carbon industry, seeing as a small number of high-emitting, high-income nations are overly reliant on land use to offset emissions in their climate pledges, according to a report published on Tuesday.
Read MoreUK net zero cluster to build and test new direct air capture pilot
A new direct air capture demonstration unit will be installed at the UK’s first and largest net zero industrial cluster in northeast England, resulting from a partnership between a local university and a climate tech company.
Read MoreFEATURE: Generating biochar credits from bamboo offcuts is next frontier for plantations
The market potential for using bamboo manufacturing offcuts to produce carbon credit-generating biochar is heating up, as an increasingly attractive option for developers already generating nature-based removal credits from fast-growing bamboo plantations with excellent CO2 sequestration ability.
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