Developers struggling to meet carbon project requirements in developing countries, experts say
Companies are struggling to meet regulatory requirements for carbon projects in developing countries, according to experts speaking on an online panel at London Climate Week.
Read MoreBRIEFING: Article 6 deals could help to close the climate finance gap, expert says
The voluntary market is inherently limited in its ability to deliver large-scale carbon reductions, so policies should focus on the Paris Agreement’s Article 6, as well as compliance markets, to drive market growth, a prominent academic said at an event in London.
Read MoreEU Chips Act could see sector rival steel, chemicals for emissions, says report
EU plans to boost semiconductor manufacturing could see the sector rival those of chemicals and steel as a source of emissions, according to a study published on Monday.
Read MoreNew policy drivers required to close 10 bln-tonne carbon removal gap by 2050, says report
New policy drivers are needed if the world is to develop the required carbon removal (CDR) capacity to abate residual emissions by mid-century, especially the integration of credits within compliance carbon markets and leakage mechanisms, according to a new report.
Read MoreAir cargo firm launches carbon removal service blending DAC and SAF
An international air cargo firm has launched a new carbon removal service, which blends direct air capture (DAC) with carbon emissions reductions achieved via sustainable aviation fuel (SAF).
Read MoreDATA DIVE: Energy transition barely begun as fossil fuel demand reaches new heights in 2023
There were few signs of a global energy transition taking place in the Energy Institute’s 2024 Statistical Review of World Energy, which was released on Thursday, as data revealed that global primary energy consumption hit new heights in 2023.
Read MoreBiochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
Read MoreDATA DIVE: The European countries set to capitalise on demand for carbon storage
Certain European countries blessed with geographical advantages can expect to reap significant rewards as demand for carbon storage heats up this decade.
Read MoreNative forest restoration firm sells first voluntary carbon credits from global accelerator
A native forest restoration firm announced on Tuesday that it had sold the first carbon credits generated from its global accelerator.
Read MoreVCM activity plummeted in May, ahead of first CCP integrity label approval
Credit retirements from the four main standard bodies in the voluntary carbon market plummeted in May, just ahead of the first approval of the core carbon principle (CCP) label for an estimated 27 million credits at the start of June.
Read More