Voluntary carbon market at “inflection point”, says Integrity Council chief

Published 18:35 on May 20, 2024 / Last updated at 18:35 on May 20, 2024 / / Americas, Asia Pacific, EMEA, Europe, International, Nature-based Carbon, Other NbS, Voluntary

The chair of the Integrity Council for the Voluntary Carbon Market (ICVCM), which last year unveiled the Core Carbon Principles (CCPs) that are intended to enhance the integrity of voluntary carbon credits, has said that the adoption of the label marks an “inflection point” in the future of the sector.

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COP29 host Azerbaijan drafts carbon tax law as it pursues new climate agenda

Published 17:32 on May 17, 2024 / Last updated at 00:26 on May 18, 2024 / / Carbon Taxes, EMEA, EMEA Compliance Markets & Taxes, Europe, International, UN Climate Talks

COP29 host Azerbaijan is drafting a law that will introduce a domestic carbon tax, the head of this year’s UN climate conference in Baku said, as reported by the national news agency.

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DATA DIVE: Booming energy company activity lifts voluntary carbon credit retirements in 2024

Published 14:12 on May 17, 2024 / Last updated at 14:39 on May 21, 2024 / / Americas, Asia Pacific, Data Dive, EMEA, Europe, Forestry, International, Nature-based Carbon, Voluntary

Credit retirements across the four main registries in the voluntary carbon market are on track for a record year, lifted by particularly buoyant activity among energy companies.

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Indian renewable company signs $1-bln deal to develop energy transition projects

Published 16:18 on May 15, 2024 / Last updated at 16:18 on May 15, 2024 / / Asia, Asia Pacific, Other APAC

An Indian renewable energy company has signed a $1 billion MoU to finance and develop energy transition projects both within India and globally.

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Ghana urges govts to rapidly develop policy frameworks for Article 6

Published 16:58 on May 14, 2024 / Last updated at 16:58 on May 14, 2024 / / Africa, EMEA, International, Paris Article 6/PACM

A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading.

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AI cuts carbon capture and storage design time from 100 days to just one

Published 15:55 on May 14, 2024 / Last updated at 16:42 on May 14, 2024 / / CCUS, CO2 Management, EMEA, Europe, Voluntary

Artificial intelligence (AI) has been used to cut the design time for carbon capture and storage (CCS) from a typical length of 100 days to just one day.

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DATA DIVE: Built on solid rock – How Kenya emerged as a global leader for carbon market investment

Published 16:37 on May 13, 2024 / Last updated at 22:30 on May 13, 2024 / / Africa, CO2 Management, Data Dive, EMEA, Engineered Removals, Forestry, International, Nature-based Carbon, Paris Article 6/PACM, Voluntary

This is the first story in Carbon Pulse’s newly-launched data journalism offering. Data Dive delves deeper into larger data sets to analyse the figures, identify the trends, and employ helpful visualisations that together deliver compelling and insightful news articles for our subscribers.

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British investor to acquire UK land under new natural capital strategy

Published 15:12 on May 13, 2024 / Last updated at 15:12 on May 13, 2024 / / EMEA, Europe, Nature-based Carbon, Other NbS, Voluntary

An ESG-focused British investment group has launched a natural capital strategy that will see it acquire land in the UK.

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INTERVIEW: Cement industry over-investing in expensive carbon capture

Published 10:14 on May 13, 2024 / Last updated at 10:14 on May 13, 2024 / / Carbon Taxes, CBAM & Tariffs, CCUS, CO2 Management, EMEA, EMEA Compliance Markets & Taxes, EU ETS, Europe, Insights, International, Interviews

The cement industry is currently over-investing in carbon capture and storage (CCS) and is failing to appreciate just how big the shift to low-carbon concrete will be, according to the CEO of the World Cement Association (WCA).

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Belgian lime products manufacturer signs MoU with British carbon capture firm

Published 12:03 on May 10, 2024 / Last updated at 12:03 on May 10, 2024 / / CCUS, CO2 Management, EMEA, Europe

A Belgian manufacturer of lime, limestone, and mineral-based products has signed a Memorandum of Understanding (MoU) to collaborate with a British carbon capture and storage (CCS) firm. 

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