Swiss DAC company needs to raise $9 bln in six years to scale

Published 17:12 on September 12, 2024  /  Last updated at 17:12 on September 12, 2024  / /  EMEA, Switzerland, Voluntary

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.

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DATA DIVE: Voluntary carbon projects have become better for biodiversity over time

Published 18:19 on September 11, 2024  /  Last updated at 15:06 on September 13, 2024  / /  Africa, Americas, Asia Pacific, Australia, Data Dive, International, Mexico, Nature-based, US, Voluntary

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.

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EU announces research project to assess impact of CBAM on its neighbours

Published 12:19 on September 11, 2024  /  Last updated at 12:19 on September 11, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

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.

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British climate tech catalyst announces plans for the country’s largest biochar carbon removal project

Published 01:01 on September 11, 2024  /  Last updated at 01:06 on September 11, 2024  / /  EMEA, Nature-based, Voluntary

A British climate tech catalyst has announced plans to develop the country’s largest biochar carbon removal project, it said on Wednesday.

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Global Carbon Council consults on Article 6.2 eligibility standard

Published 13:30 on September 10, 2024  /  Last updated at 13:30 on September 10, 2024  / /  Aviation/CORSIA, EMEA, International, Middle East, Paris Article 6, Voluntary

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.

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Govt departments need to work better together for success in Article 6, says Ghana

Published 19:56 on September 9, 2024  /  Last updated at 19:56 on September 9, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

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.

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DATA DIVE: Half of voluntary carbon credits retired this year are at least five years old

Published 18:07 on September 9, 2024  /  Last updated at 18:07 on September 9, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

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.

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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend

Published 13:35 on September 6, 2024  /  Last updated at 13:35 on September 6, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

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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UK acknowledges flagship carbon capture programme faces challenges staying on track

Published 17:41 on September 3, 2024  /  Last updated at 17:41 on September 3, 2024  / /  EMEA, UK ETS

The director of carbon capture and storage (CCS) in the UK government acknowledged at a conference on Tuesday that the country faces challenges meeting its capacity targets.

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Longship carbon capture project near-complete, on track for 2025 start, confirms Norwegian oil minister

Published 17:07 on September 3, 2024  /  Last updated at 17:07 on September 3, 2024  / /  EMEA, EU ETS, International

Norway’s pioneering Longship carbon capture and storage (CCS) project is now 80% complete and on-track to begin operations next year, according to the country’s oil minister.

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