US CORSIA exit could have major impact on EU ETS, say carbon analysts
If the US were to leave CORSIA there could be major ramifications for the EU ETS, carbon analysts said Wednesday.
Read MoreEstonian carbon finance startup shuts down, blames ‘greenwashing’ in VCM
A carbon finance company specialising in de-risking forward carbon credit investments is shutting down, blaming the “broken” voluntary carbon market.
Read MoreMore investment funds to launch carbon credit portfolios in 2025, predicts trade body
There stands to be more investment funds moving in to track carbon credit portfolios this year, according to the head of a carbon industry body.
Read MoreAvailable CORSIA credit supply pool around 200 mln, says ratings agency
Some 200 million credits currently available in the voluntary carbon market (VCM) are likely to be eligible for CORSIA Phase 1 (2024-26), according to analysis published on Tuesday by a ratings agency.
Read MoreKenya needs stronger policies to overcome barriers to carbon trading -report
There are still “significant barriers” to effective carbon trading taking place in Kenya, with stronger market policy required, a new report has found.
Read MoreDATA DIVE: Article 6 project interest jumps 30% in past month as PACM momentum builds
The number of carbon projects signalling their interest in participating in the Paris Agreement Crediting Mechanism (PACM) has grown by 30% over the past month, a new update to the Carbon Pulse Article 6 Portal shows.
Read MoreVCM undergoing deep transformation that goes beyond headline data, say analysts
The voluntary carbon market (VCM) is undergoing a transformation that goes far beyond headline issuance and retirement data, according to a new report, though the recovery will not come overnight and value could take years to fully scale.
Read MoreANALYSIS: Experts question additionality of HFLD forest carbon methodologies, as integrity body considers approval
Carbon methodologies designed to credit for high forest, low deforestation (HFLD) should not be seen as additional and risk undermining carbon market integrity initiatives, according to climate experts, with voluntary carbon integrity body the ICVCM still considering the merits of one such programme for its quality stamp.
Read MoreUK halves subsidies for Drax biomass, puts BECCS support under review
The UK has halved subsidies for Drax’s biomass power station from 2027, and is putting under review future government support for bioenergy with carbon capture and storage – the technology Drax is counting on to decarbonise its electricity generation.
Read MoreDATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time
The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.
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