Euro Markets: EUAs tick up on gas recovery, ease 2% over the week
The European carbon market moved with relative stability on Friday, tracking a rebound in energy markets after a volatile previous session linked to reports of a Ukraine-Azerbaijan gas transit deal, while analysts point to tests ahead at a key technical support level.
Read MoreANALYSIS: Voluntary carbon market overlooking CORSIA insurance bottleneck
Large volumes of eligible voluntary carbon credits for the UN’s CORSIA international aviation offsetting scheme will take years to materialise due to supply requirements that force project developers to guarantee against double claiming risk, even if ICAO approves major standards for the current phase at a meeting in November.
Read MoreGoogle buys first nature-based carbon removal credits from Brazilian project
US tech giant Google will buy 50,000 nature-based removal credits through 2030 from a Brazilian startup, marking the first purchase of its kind from the technology giant, the company announced Thursday.
Read MoreConsultancy launches new voluntary carbon platform to offer credits to clients
A sustainability consultancy has launched a new platform that will enable its clients to access voluntary carbon credits.
Read MoreVoluntary carbon investor to buy millions of forestry credits from Mexican project
A voluntary carbon investor has signed a deal for the offtake of 300,000 credits per year from a forest restoration initiative in Mexico.
Read MoreBRIEFING: SBTi paves way for carbon removals under corporate net-zero standard in ‘cryptic’ update
The Science Based Targets initiative (SBTi) published an update Wednesday that experts saw as opening the door for corporates to use removals as part of carbon neutralisation claims under the organisation’s net-zero standard.
Read MoreBanks to sell Puro carbon removals to clients
Two banks have announced they will sell carbon removals issued under the Puro standard to their clients in a bid to ramp up liquidity in the nascent market.
Read MoreVoluntary carbon organisations launch coalition to target CEOs
A group of around 20 voluntary carbon organisations have launched a communications push to promote the use of credits towards corporate net zero goals, specifically targetting the CEOs of potential buyers.
Read MoreEXCLUSIVE: Kenya teams up with global analytics firm to build REDD+ carbon registry
Kenya has partnered with an international energy analytics firm to establish a REDD+ carbon registry.
Read MoreInsurance firm launches new voluntary carbon product with bank
A London-headquartered insurance firm has launched a new product, first rolled out with a bank, that will cover commercial loans to voluntary carbon projects, it announced Tuesday.
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