COP29: Carbon markets crucial to unlock GHG cuts in heavy industry, alliance says

Published 05:01 on November 14, 2024 / Last updated at 13:21 on November 13, 2024 / / International, Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Transport & Heating Fuels)

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Governments must act now to unlock demand that would spur green industry, a global network of industrial stakeholders has said, with carbon markets a key tool required to make this happen.

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COP29: World still on track for 2.7C warming, unchanged from 2021 -report

Published 05:00 on November 14, 2024 / Last updated at 15:35 on November 13, 2024 / / International

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The expected rise in global temperature has remained unchanged in the past three years since COP26, due to governments failing to improve on their policies and pledges, a new report has found. 

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Oil company emissions progress is stalling, with methane pledges particularly troubling -report

Published 00:01 on November 14, 2024 / Last updated at 16:34 on November 12, 2024 / / Americas, Asia Pacific, EMEA (Europe), International, Net Zero Transition (Industrial Decarbonisation, Transport & Heating Fuels)

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Oil and gas company progress on emissions has stalled for the second year in a row, while corporate strategies for meeting emissions targets are of “questionable credibility”, a report published Thursday has found.

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DATA DIVE: VCM moves towards offtake agreements and buying to retire

Published 10:09 on November 12, 2024 / Last updated at 11:02 on November 12, 2024 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (Engineered Removals), EMEA (Africa, Europe, Middle East), Insights (Data Dives), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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More and more buyers in the voluntary carbon market (VCM) are moving towards offtake agreements and increasingly buying to retire rather than resell, new data seen and analysed by Carbon Pulse suggests.

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New coal boom in Indonesia threatens policy efforts to drive down emissions

Published 17:14 on November 8, 2024 / Last updated at 17:14 on November 8, 2024 / / Asia Pacific (Asia), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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Soaring coal capacity in Indonesia is threatening the country’s efforts to drive down emissions, a report published on Friday has found.

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DATA DIVE: October sees big jump in retirements of CCP-tagged carbon credits as market awaits next ICVCM decision

Published 08:03 on November 8, 2024 / Last updated at 12:33 on November 8, 2024 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Insights (Data Dives), Nature-based Carbon (Forestry), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.

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COP29 climate finance goal must include massive boost for adaptation, says UN report

Published 12:00 on November 7, 2024 / Last updated at 12:07 on November 7, 2024 / / Americas, Asia Pacific, EMEA (Europe), International (UN Climate Talks)

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The new global finance goal that is due to be agreed at COP29 this month must include a massive boost for adaptation, according to a flagship UN report published on Thursday.

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VCM MONTHLY DATA: Highest October issuance, retirement levels for three years puts market on track for record year

Published 09:35 on November 7, 2024 / Last updated at 09:35 on November 7, 2024 / / Americas, Asia Pacific, EMEA (Europe), Insights (Data Dives, VCM Reports), Nature-based Carbon (Forestry), Net Zero Transition (Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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Last month saw the highest October figures for voluntary carbon credit retirements and issuances for three years, data analysed by Carbon Pulse shows.

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Political context of Article 6 talks very different to last year, says ratings agency

Published 18:17 on November 5, 2024 / Last updated at 18:17 on November 5, 2024 / / Americas, Asia Pacific, EMEA (Europe), International (Paris Article 6/PACM)

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The political context around COP29 negotiations in Baku is very different to last year’s summit and could stand to benefit Article 6 talks, the founder of a carbon ratings agency said Tuesday.

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Europe’s big banks have ‘incoherent’ climate plans -report

Published 00:02 on November 5, 2024 / Last updated at 17:54 on November 4, 2024 / / EMEA (Europe), Net Zero Transition (Investment, Reporting & Disclosure)

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Europe’s largest banks have climate plans that are low in ambition and “incoherent”, a report published by a British NGO on Tuesday has found.

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