Brazilian state’s public defender launches legal action over alleged REDD+ project ‘land theft’

Published 03:20 on July 24, 2023  /  Last updated at 14:54 on July 29, 2023  / /  Americas, EMEA, Nature-based, South & Central, Voluntary

The public defender of a forest-rich Brazilian state has launched legal action against several organisations and a local government over allegations of land theft linked to a REDD+ project.

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European carbon analyst leaves S&P Global to join airlines group

Published 00:30 on July 11, 2023  /  Last updated at 00:30 on July 11, 2023  / /  Aviation/CORSIA, Bavardage, EMEA, EU ETS, International, UK ETS, Voluntary

A European carbon analyst has left S&P Global to join an airlines group.

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Pair of US senators unveil bipartisan clean cookstoves bill

Published 23:48 on June 27, 2023  /  Last updated at 01:34 on June 28, 2023  / /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, US, Voluntary

Two US senators have introduced a bipartisan clean cookstoves bill aimed at mitigating health, environmental, and economic issues caused by exposure to smoke from traditional stoves and open fires.

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US EPA working with partners to develop new global carbon market methodology for clean cookstove projects

Published 03:50 on June 27, 2023  /  Last updated at 01:28 on June 28, 2023  / /  Africa, EMEA, International, US, Voluntary

The US Environmental Protection Agency (EPA) is working with several international organisations to develop a new global methodology for clean cookstoves, in an effort to strengthen that beleaguered segment of the voluntary carbon market.

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Finland starts 2023 free ETS permit allocation, two more states make progress in final update for year

Published 21:48 on June 23, 2023  /  Last updated at 21:50 on June 23, 2023  / /  EMEA, EU ETS

Three EU member states made minor progress in the past fortnight towards completing their free allocation of 2023 ETS carbon allowances, with Finland finally commencing the annual process according to the final update for this year.

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CDR accelerator selects 20 more startups to join programme

Published 17:51 on June 6, 2023  /  Last updated at 09:20 on February 6, 2024  / /  EMEA, International, Nature-based, Voluntary

A startup accelerator for innovative carbon dioxide removal (CDR) technologies has announced its fourth cohort, shortlisting 20 firms to join the programme.

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Soil carbon project developers expand operations in Europe

Published 13:07 on May 23, 2023  /  Last updated at 10:11 on November 16, 2023  / /  EMEA, Nature-based, Voluntary

Two companies specialising in developing soil carbon sequestration projects are expanding their operations in Europe.

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EU’s Market Stability Reserve to withdraw another 272 mln allowances from ETS starting Sep. 2023

Published 11:45 on May 15, 2023  /  Last updated at 17:09 on May 18, 2023  / /  Aviation/CORSIA, EMEA, EU ETS, Switzerland

Some 272.4 mln carbon allowances will be withdrawn from the EU ETS over the 12 months starting this September and inserted into the Market Stability Reserve (MSR), the European Commission announced Monday in its annual ‘TNAC’ update.

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Tanzania govt holds carbon market talks with private sector, though questions surround one company involved

Published 12:04 on May 13, 2023  /  Last updated at 22:34 on July 24, 2023  / /  Africa, EMEA, International, Nature-based, Voluntary

Tanzania has opened discussions with the private sector about developing its forest carbon market, but questions have arisen surrounding one of the foreign companies involved.

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EU ETS2 allowance prices could exceed intended €45/tonne “ceiling”, experts warn

Published 22:29 on April 13, 2023  /  Last updated at 01:59 on April 15, 2023  / /  EMEA, EU ETS

Allowances in the new EU carbon market for transport and building heating emissions could exceed the intended price ceiling, experts have warned, arguing that European lawmakers may have created false expectations.

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