Social Carbon consults on upgrades to voluntary standard as it seeks to align with ICVCM
Social Carbon has opened a consultation on proposed updates to its standard for crediting voluntary projects, as well as the requirements for validation, monitoring, and verification, as it seeks to align with the Integrity Council for Voluntary Carbon Markets (ICVCM).
Read MoreIndia seeks exemption from UK’s CBAM -media
India is seeking an exemption from Britain’s planned carbon adjustment border tax (CBAM) as part of negotiations aiming to finalise a free trade deal with the UK, according to an exclusive in the Guardian newspaper.
Read MoreDrax firms up $600k offtake deal for BECCS credits in US
UK energy firm Drax Group has made another step in becoming a US leader in carbon removals through bioenergy with carbon capture and storage (BECCS) after firming up a reported $600,000 deal with an environmental consultancy.
Read MoreOff-grid solar company gets green light for large cookstove carbon projects in Africa
A project developer plans to distribute 600,000 energy-efficient clean cookstoves in Africa as part of a multi-million dollar grant to decarbonise the electrical grid in Uganda.
Read MoreGold Standard approves CDR methodology for biomass fermentation
Gold Standard has approved its first geological storage methodology as it steps into the carbon removal (CDR) sector that is starting to shift from a niche market into the mainstream.
Read MoreCorporations still paying a premium for highly rated nature-based credits, research finds ahead of CCP arrival
Corporations are still paying a premium for higher rated nature-based carbon credits, according to research by a rating agency ahead of the emergence of the first credits earning the ICVCM’s Core Carbon Principle (CCP) stamp of high integrity.
Read MoreVCM Report: SBTi spark fizzles out by end of week, voluntary carbon prices little changed, liquidity thin
Prices were little changed last week on low volume, but the Science Based Targets initiative (SBTi)’s sudden change of policy to allow qualifying voluntary carbon credits to be used to offset some corporate emissions could inject a surge of investment and interest in the voluntary market.
Read MoreFrance and Germany launch associations to boost CDR technologies as EU grapples with climate targets
French and German companies are gearing up for the possible inclusion of carbon dioxide removal (CDR) units within the EU Emission Trading System (EU ETS).
Read MoreIntegrity Council approves three voluntary carbon programmes for CCP eligibility
Gold Standard, ACR, and Climate Action Reserve (CAR) have been given the green light by the governing board of the Integrity Council for Voluntary Carbon Markets (ICVCM), marking a step towards the labelling of credits issued via their methodologies with the Core Carbon Principles (CCP) stamp, while Verra, ART TREES, Social Carbon, and Isometric will be assessed by May at the latest.
Read MoreZero-emissions cookstoves developer targets Kenya for market launch, first voluntary credits
Problems with calculating how much charcoal an improved cookstoves carbon project uses could be consigned to the past with the launch of a new hydrogen-powered portable cooker that promises zero CO2 emissions.
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