Net zero a ‘vast challenge’ with EU, US to miss NDCs, say analysts
The EU and US are on track to miss their 2030 UN climate targets, and achieving net zero by the middle of the century is now a “vast challenge”, according to a new energy transition outlook published Monday.
Read MoreBRIEFING: Investors lament carbon removal financing gap at industry summit
The investment climate for carbon removal (CDR) remains relatively cool, with difficult hoops for developers to jump through – making hard for them to attract funding, speakers said at an industry summit on Thursday.
Read MoreSwiss DAC company needs to raise $9 bln in six years to scale
A Swiss direct air company will require $9 billion to reach its gigatonne-scale ambitions by 2030, a senior figure at the company said on Thursday.
Read MoreDATA DIVE: Voluntary carbon projects have become better for biodiversity over time
Nature-based voluntary carbon projects are becoming increasingly beneficial for biodiversity, according to new data from AlliedOffsets that has been shared with and analysed by Carbon Pulse.
Read MoreEU announces research project to assess impact of CBAM on its neighbours
The European Commission has announced fresh funding for a research project that explores the impact of the EU’s Emissions Trading Scheme (ETS) and Carbon Border Adjustment Mechanism (CBAM) on neighbouring countries.
Read MoreBritish climate tech catalyst announces plans for the country’s largest biochar carbon removal project
A British climate tech catalyst has announced plans to develop the country’s largest biochar carbon removal project, it said on Wednesday.
Read MoreGlobal Carbon Council consults on Article 6.2 eligibility standard
The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 – the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.
Read MoreGovt departments need to work better together for success in Article 6, says Ghana
Countries hoping for success in Article 6 need to design government departments to work better together, a key figure in the development of Ghana’s Article 6 framework said on Monday.
Read MoreDATA DIVE: Half of voluntary carbon credits retired this year are at least five years old
Half of credits retired from the four main registries of the voluntary carbon market this year are at least five years old, according to new data analysis from Carbon Pulse.
Read MoreVCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend
Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong activity from the Paris 2024 Olympic and Paralympic Committee.
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