‘Key things have changed’ in Article 6 negotiations since COP28, says lead UK negotiator

Published 13:51 on May 2, 2024  /  Last updated at 13:51 on May 2, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Nature-based, Paris Article 6, Voluntary

The UK’s lead negotiator on Article 6 carbon markets negotiations has said that key aspects of the negotiations have changed in the months since parties failed to reach an agreement last December at COP28 in Dubai.

Read More

African Union to develop ‘Gold Standard’ for carbon offsets

Published 19:41 on April 30, 2024  /  Last updated at 21:29 on April 30, 2024  / /  Africa, EMEA, International, Nature-based, Voluntary

The African Union Development Agency is looking for a consultancy service to develop an optimum standard for voluntary carbon offsets in Africa, to be labelled the ‘African Gold Standard’. 

Read More

Voluntary carbon standard publishes revisions after being denied full eligibility for CORSIA

Published 18:44 on April 29, 2024  /  Last updated at 18:44 on April 29, 2024  / /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Gold Standard has published clarifications and procedural revisions to boost its chances of supplying voluntary carbon credits for Phase 1 of CORSIA, the UN international aviation offsetting scheme. 

Read More

Green steel growth slows in Europe amid de-industrialisation concerns, data shows

Published 23:01 on April 28, 2024  /  Last updated at 23:13 on April 26, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International

The pipeline of green steel projects has slowed in recent months in Europe, according to new data released in the green steel tracker produced by the Leadership Group for Industry Transition (LeadIT).

Read More

CCUS industry struggling to develop pipeline projects, says IEA

Published 19:51 on April 25, 2024  /  Last updated at 19:51 on April 25, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

The pipeline of global carbon capture, utilisation, and storage (CCUS) initiatives is growing rapidly, but the nascent industry is struggling to fully develop these projects, a representative from the International Energy Agency (IEA) said on Thursday. 

Read More

British forest carbon data startup secures $12 mln in Series A funding

Published 17:53 on April 25, 2024  /  Last updated at 17:53 on April 25, 2024  / /  EMEA, International, Nature-based, Voluntary

A British forest carbon startup has raised $12 million in Series A funding, just seven months after it announced funding of $2.2 mln at pre-seed level.

Read More

Voluntary carbon credit issuances outpace retirements in Q1 to further inflate oversupply, weigh on prices -analysts

Published 19:37 on April 23, 2024  /  Last updated at 19:37 on April 23, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Middle East, Nature-based, Other APAC, Paris Article 6, South & Central, Voluntary

Despite a historically large number of retirements in the voluntary carbon market in Q1 2024, oversupply continues to balloon amid issuances rising at a faster clip, keeping credit prices at bay, analysts said Tuesday.

Read More

Polish cement plant advances major CCUS investment

Published 14:07 on April 22, 2024  /  Last updated at 14:07 on April 22, 2024  / /  CBAM, EMEA, EU ETS

A Polish cement plant is advancing plans for the large-scale installation of carbon capture utilisation and storage (CCUS) technology at its facilities. 

Read More

German biochar firm enters US partnership to coin voluntary carbon credits from wastewater sludge

Published 11:58 on April 19, 2024  /  Last updated at 11:58 on April 19, 2024  / /  Americas, EMEA, Nature-based, US, Voluntary

A German climate technology firm has entered a partnership in the US to create biochar carbon removals from wastewater sludge disposal.

Read More

Expert review of link between sovereign debt and climate launched at IMF Spring Meetings

Published 05:01 on April 19, 2024  /  Last updated at 21:22 on April 18, 2024  / /  Climate Talks, International, Nature-based

An independent review of the link between sovereign debt and climate change is being launched by experts at the IMF and World Bank Spring Meetings on Saturday. 

Read More