CEO of SBTi to step down

Published 17:14 on July 2, 2024  /  Last updated at 10:21 on July 26, 2024  / /  Americas, Asia Pacific, Bavardage, EMEA, International, Nature-based, Voluntary

The CEO of the Science Based Targets initiative (SBTi), Luiz Amaral, has decided to step down from his role for personal reasons, with the decision to take effect at the end of June and the process to replace him already underway.

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BRIEFING: UK can learn from other countries on effective climate adaptation

Published 17:51 on July 1, 2024  /  Last updated at 18:00 on July 3, 2024  / /  EMEA

As the UK battles climate change impacts such as flooding, overheating, and more frequent storms that can derail vital infrastructure, the country can learn from other nations like Japan and Australia on developing effective emergency response strategies and disaster resilience.

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FEATURE: Landmark CO2 tax on Danish farming sets global precedent, though ambition scaled back

Published 12:56 on June 28, 2024  /  Last updated at 16:21 on June 28, 2024  / /  Carbon Taxes, EMEA, EU ETS, Nature-based, Voluntary

Denmark’s move to impose a CO2 tax on livestock emissions marks a historic moment in pricing carbon emissions in agriculture, though the level of tax and phase-in schedule was scaled back in ambition, say experts.

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Gold Standard releases second edition of its climate framework for corporates

Published 17:27 on June 27, 2024  /  Last updated at 17:27 on June 27, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Gold Standard has released the second iteration of its climate framework designed to help organisations contribute to global climate efforts, with key updates including a focus on climate adaptation and further support on how companies should tackle their unabated emissions.

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Carbon removal marketplace launches live pricing, availability data for biochar

Published 06:00 on June 27, 2024  /  Last updated at 01:16 on June 27, 2024  / /  EMEA, Nature-based, Voluntary

A UK-based carbon removal marketplace is kickstarting live pricing and availability data for biochar carbon removals in a bid to improve market transparency and boost trading volumes.

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Suriname to make oil companies buy sovereign carbon credits at $25/tonne

Published 18:07 on June 26, 2024  /  Last updated at 21:59 on June 26, 2024  / /  Americas, Asia Pacific, International, Nature-based, Paris Article 6, South & Central, Switzerland, Voluntary

The densely forested country of Suriname plans to exploit its newly discovered oil reserves and remain a net remover of carbon at the same time, by requiring oil companies to buy Internationally Transferred Mitigation Outcomes (ITMOs) to cover their Scope 1 and 2 emissions.

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INTERVIEW: New forest carbon standard seeks to disconnect revenue from credit issuance, ensure community buy-in

Published 10:38 on June 26, 2024  /  Last updated at 10:38 on June 26, 2024  / /  Africa, Americas, Asia Pacific, EMEA, Nature-based, Voluntary

A new forest carbon standard is looking to take an area-based model to how it generates revenue, rather than being paid for how many credits it issues to a project, and will require transparent benefit sharing among all project stakeholders to ensure community approval.

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Lufthansa to make customers share environmental cost burden

Published 13:01 on June 25, 2024  /  Last updated at 13:01 on June 25, 2024  / /  Aviation/CORSIA, EMEA, EU ETS, International, UK ETS, Voluntary

A German air carrier will make customers pay for rising costs related to environmental regulations through the introduction of an environmental surcharge to apply to departures from January 2025.

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Carbon capture firm kicks off pilot at cement plant in Italy

Published 08:00 on June 25, 2024  /  Last updated at 12:10 on June 24, 2024  / /  EMEA, EU ETS, Voluntary

A UK-based carbon capture provider has launched a pilot plant at a cement facility in Italy, advancing its offering to help the the industry to decarbonise.

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BRIEFING: Carbon credits key part of coal phaseout equation

Published 18:12 on June 24, 2024  /  Last updated at 18:12 on June 24, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, US, Voluntary

Carbon credits to compensate for loss of revenue in the early closure of coal plants will be an integral part of achieving coal phaseouts in developing countries, said stakeholders during a high-level dialogue on phasing out coal hosted in London.

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