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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Global soy standard unveils update to align with new EU deforestation law

Published 17:53 on September 2, 2024  /  Last updated at 17:53 on September 2, 2024  / /  EMEA, Nature-based, Voluntary

A global certifier of sustainable soy and corn production is consulting on an update to its standard that will allow companies to demonstrate that they align with the European Deforestation Regulation (EUDR).

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INTERVIEW: Turkish businesses unprepared for CBAM, says carbon startup founder

Published 13:57 on September 2, 2024  /  Last updated at 13:57 on September 2, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International, Voluntary

Turkish businesses are “not ready” to comply with the EU’s Carbon Border Adjustment Mechanism (CBAM), according to a carbon startup founder who warned some companies could go bankrupt if they don’t plan ahead.

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VCMI opens consultation on its Scope 3 Emissions Guidance amid plea for the SBTi to follow suit

Published 18:45 on August 29, 2024  /  Last updated at 18:45 on August 29, 2024  / /  International, Voluntary

The Voluntary Carbon Markets Integrity Initiative (VCMI) officially launched a public consultation on its Beta Scope 3 Emissions Guidance on Thursday, with the VCMI executive director expressing hope that SBTi would align with its carbon crediting guidance.

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DATA DIVE: Brazil by far the most affected by Verra’s new consolidated REDD+ carbon methodology

Published 13:46 on August 29, 2024  /  Last updated at 13:46 on August 29, 2024  / /  Africa, Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Brazil’s carbon sector is set to be most affected by the changes to the REDD+ project assessment methodologies by credit certifier Verra, according to new data analysis carried out by Carbon Pulse.

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Carbon ratings agency announces new engagement push across emerging markets

Published 12:27 on August 29, 2024  /  Last updated at 12:27 on August 29, 2024  / /  Americas, EMEA, Nature-based, South & Central, Voluntary

A carbon ratings agency is to make its headline ratings available on a Latin America-based registry platform, aiming to increase engagement in emerging markets.

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Seven carbon removal firms complete accelerator programme led by Berlin-based marketplace

Published 13:44 on August 27, 2024  /  Last updated at 13:44 on August 27, 2024  / /  EMEA, Voluntary

Seven carbon removal (CDR) companies have completed an accelerator programme led by a German carbon credit marketplace.

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Carbon ratings agency partners with UAE bank to ‘bring transparency’ to carbon markets

Published 12:02 on August 19, 2024  /  Last updated at 12:02 on August 19, 2024  / /  EMEA, Middle East, Voluntary

A carbon ratings agency has partnered with a bank to “bring transparency to carbon markets in the UAE”, the two companies said on Monday.

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