Momentum builds behind forest carbon in Russia as officials tout 400 mln credit supply potential
Russian officials recently held a roundtable to discuss forest climate projects in a bid to determine how to move the market forward, citing hundreds of millions of carbon credit potential in the country.
Read MoreStandard opens consultation on first river-based carbon removal methodology
A carbon removal standard has released a draft methodology for public consultation on carbon removal (CDR) using river alkalinity enhancement (RAE), which it claims is the first such crediting protocol.
Read MoreGerman coalition plans show support for Article 6 to help industrials meet EU ETS obligations
A leaked document from a working group that will shape the energy and climate policies of the new German coalition government has indicated support for using Article 6 carbon credits under the Paris Agreement to help industries address their residual emissions.
Read MoreCDR buyers club signs $33-mln deal for US enhanced weathering carbon credits
A large carbon removal (CDR) buyers club has inked a deal worth $33 million to remove 78,707 tonnes of CO₂ between 2027 and 2030, it announced Tuesday.
Read MoreSwitzerland opens consultation to ensure carbon market alignment with EU ETS
Switzerland has opened a consultation on Tuesday concerning proposed changes to keep its emissions trading system (ETS) aligned with that of the EU.
Read MoreShell head of voluntary carbon sales joins REDD+ developer
The head of oil major Shell’s voluntary carbon offset sales team has joined a REDD+ project developer, they announced Monday.
Read MoreICVCM took “significant step” towards quality in cookstoves decision, say academics behind critical paper
The Integrity Council for the Voluntary Carbon Market (ICVCM) took a strong step towards cleaning up the cookstoves sector, according to the experts behind a critical research paper that claimed a large share of projects had been heavily over-credited in the past.
Read MoreUK govt confirms “actively considering” ETS link with EU in formal response to speculation
The UK government formally confirmed it is considering the case for linking the country’s carbon market to the EU ETS in an update published late on Thursday, but cautioned that this does not anticipate any outcome of key talks in May with the bloc.
Read MoreICAO estimates 100-150 mln carbon credits needed for CORSIA Phase 1
UN aviation agency ICAO has calculated that CORSIA offsetting requirements for 2024-26 emissions will reach between 100-150 million tonnes, while the total for the 2024-35 period could hit as high as 1.5 bln tonnes.
Read MoreAccountancy organisations urge broader climate disclosure standards to prevent greenwashing
The International Public Sector Accounting Standards Board (IPSASB) should expand the scope of its proposed climate-related disclosure requirements, warn chartered accountancy bodies, who argue that the current approach risks greenwashing.
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