Advisory group urges Brussels to ensure holistic and long-lasting carbon removals in CRCF
The European Commission needs to take a holistic approach to the emissions covered in its industrial carbon management policy, extending its oversight to indirect emissions within company’s assets, as well as the energy used from carbon management technologies, among other areas, according to recommendations from an advisory group.
Read MoreIMO talks to cut shipping emissions end with little progress
Talks at the International Maritime Organisation (IMO) this week concluded with some promising signs for the introduction of a carbon levy but still no significant advances.
Read MoreEU ETS has not led to a drop in European port movement -draft report
The inclusion of the maritime sector in the EU ETS has not led to a reduction in port calls or container movements at EU ports, nor in trans-shipment activity, according to a preliminary report by the European Commission.
Read MoreINTERVIEW: Demand for Article 6 units won’t suddenly boom in case of agreement
Demand for carbon credits aligned with Article 6 of the Paris Agreement is not going to suddenly spike if an agreement on rules to operationalise UN international carbon markets is found at COP29 at the end of the year, a senior EU negotiator told Carbon Pulse.
Read MoreLEAK: EU climate ministers lay out structure of global climate finance goal
EU climate and environment ministers are stressing the importance of taking a “multi-layered” approach to the new international climate finance goal to be agreed at COP29, meaning that the finance should be used in a targeted way that delivers the most to vulnerable countries and communities, according to a leaked draft of their conclusions, seen by Carbon Pulse.
Read MoreCWNYC24: Growing gap between primary and secondary VCM market -panel
There is a growing gap between prices in voluntary carbon’s primary and secondary markets, while liquidity is also moving to the former, a panel heard at Climate Week NYC.
Read MoreCWNYC24: EU and US climate negotiators want Article 6 “in the bag” in Baku
The top EU and US climate negotiators both signalled their strong desire to finalise negotiations on Article 6 at the UN climate talks in Azerbaijan this year, they said at Climate Week NYC on Wednesday.
Read MoreCWNYC24: Carbon credit project developers say it’s on buyers to pay for insurance
Voluntary carbon market project developers’ margins are too thin to also pay for insurance – and the responsibility for insuring projects ultimately lies with the buyer, according to speakers at Climate Week NYC.
Read MoreCWNYC24: Philanthropy isn’t enough – Global South asks SBTi to allow carbon credits against Scope 3
A group of Global South community-based climate organisations is calling on the Science Based Targets Initiative (SBTi) to allow companies to use carbon credits to offset their Scope 3 emissions, they announced on Tuesday.
Read MoreCWNYC24: Emissions registry announces three methodologies for projects reducing non-CO2 gases
A recently launched registry focused on reducing non-CO2 planet-warming gases on Tuesday announced the release of three methodologies at Climate Week NYC.
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