California-based startup ties carbon deals with Mongolian govt, Mitsubishi

Published 05:14 on June 12, 2024  /  Last updated at 05:14 on June 12, 2024  / /  Americas, Asia Pacific, International, Japan, Nature-based, Other APAC, Paris Article 6, US, Voluntary

A US-headquartered soil carbon startup has signed an agreement with the Mongolian government to introduce regenerative agriculture and provide carbon finance to farmers and herders and with Mitsubishi for a JCM project in the country.

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Indian state-owned firm invites bids for supply of 500 kt/year carbon credit-eligible green ammonia

Published 12:33 on June 10, 2024  /  Last updated at 12:33 on June 10, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

Under India’s National Green Hydrogen Mission, a state-owned company has invited bids from potential suppliers of over half a million tonnes of green ammonia annually that will be eligible to earn Article 6-aligned carbon credits.

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Malaysian state solicits World Bank support for carbon trading

Published 09:05 on June 10, 2024  /  Last updated at 09:05 on June 10, 2024  / /  Asia Pacific, International, Nature-based, Other APAC, Voluntary

A state government in Malaysia has sought assistance from the World Bank to evaluate carbon trading principles used in the international carbon trade.

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Ocean-based CO2 removal techniques “premature and misguided”, likely to lead to greenwashing -scientists

Published 10:49 on June 6, 2024  /  Last updated at 10:49 on June 6, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Ocean-based CO2 removal techniques, which are attracting greater interest due to the constraints on land-based methods, may have significant knowledge gaps that could in turn affect the credibility of carbon offset schemes, according to a paper published this week.

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Major pharmaceutical company delivers soil carbon credits to US blockchain marketplace

Published 07:39 on June 6, 2024  /  Last updated at 07:39 on June 6, 2024  / /  Americas, International, Nature-based, US, Voluntary

A voluntary carbon credit services firm has added a substantial number of soil carbon removal credits to the US blockchain marketplace, issued under a regenerative agriculture programme run by a major pharmaceutical.

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China on track to beat green hydrogen production target -research

Published 11:10 on June 5, 2024  /  Last updated at 11:10 on June 5, 2024  / /  Asia Pacific, China

China is on track to surpass its 2025 green hydrogen production target already this year, according to research released Wednesday.

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Thailand to impose carbon tax by 2025, official says

Published 07:46 on June 5, 2024  /  Last updated at 07:46 on June 5, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC

The government of Thailand is planning to impose a carbon tax on the nation by 2025, the country’s Excise Department has told local media. 

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Vietnamese, German firms team up for developing large forestry project

Published 12:59 on June 4, 2024  /  Last updated at 12:59 on June 4, 2024  / /  Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

A Vietnamese forestry and biodiversity company has partnered with a German carbon offset developer for implementing a project that will see trees planted across 1 million hectares of land in Vietnam.

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Voluntary market needs paradigm shift, must embrace carbon finance for transition, says ex-Verra boss

Published 12:24 on June 4, 2024  /  Last updated at 12:24 on June 4, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Voluntary carbon markets require a paradigm shift that moves beyond treating a tonne of carbon as an ultimate end and must embrace finance for adopting a transitional approach, the ex-CEO of Verra said in a report published Tuesday.

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India’s biggest packaged water company proposes framework to establish water credits for the beverage industry

Published 06:54 on June 3, 2024  /  Last updated at 06:54 on June 3, 2024  / /  Asia Pacific, Biodiversity, Other APAC

India’s biggest bottled water company has proposed developing a framework for establishing water credits to make the beverage industry accountable for its water use. 

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