Verra seeks projects to trial open-source platform, as digital push continues
Verra is looking for more carbon projects to pilot the open-source digital platform it recently launched at a mangrove project in Senegal, as part of the standard body’s effort to shift from analog to digital, according to a company executive.
Read MoreINTERVIEW: Insurance coverage drawing big new buyers and high prices to Ghana forestry project -developer
Boasting the voluntary carbon market’s first warranty and indemnity insurance policy, the developer of a forestry project in Ghana is now fielding interest from six major corporates that are new to the market and offering a premium of at least 300% in added value, according to the developer’s CEO.
Read More‘Fairness’ increasingly seen as a proxy for carbon project integrity — but yet to be defined
The question of ‘fairness’ is increasingly becoming a benchmark for the level of trust and integrity tied to a carbon project in Africa, and ultimately the price it can charge for credits — but major gaps remain to be addressed, speakers told a conference on Thursday.
Read MoreFood and beverage giant delays net zero goal to 2050, citing challenging reality
A food and beverage multinational has pushed back its goal for net zero emissions across its value chain to 2050, from 2040, in response to the “realities” of systemic barriers such as lacking power grids and electric vehicle charging infrastructure, it announced on Thursday.
Read MoreINTERVIEW: UK to propose a carbon regulator to standardise growing, disparate emissions counting practices
The more companies worldwide track and report their emissions, the more disparate the information and methodologies are becoming — fuelling the need for a UK carbon regulator to set professional standards and ensure the data is consistent and coherent, according to an influential research body.
Read MoreResearch initiative aims to provide new data on emissions from hydrogen
A research initiative between academics, and companies in the chemicals and oil & gas business has started measuring emissions from hydrogen infrastructure in North America and Europe, in an effort to fill a gap in empirical data in a growing international market, the group announced on Wednesday.
Read MoreFEATURE: In tight race with Turkiye, Australia and the Pacific look likely to win COP31
The Australia-Pacific bid to host COP31 next year is looking more and more likely to win out over rival Turkiye, according to observers, thanks to a stronger reputational standing and the chance to shift the annual UN summit out of the Northern Hemisphere for the first time in a decade, but Turkiye is not ceding ground just yet.
Read MoreScotland needs to electrify homes and roads to reach net zero by 2045 -CCC
Scotland should aim to cut its emissions by nearly 70% by 2035, from 1990 levels, using more renewable energy to power the spread of heat pumps and electric vehicles, the UK’s independent climate change advisor said in a report released on Wednesday.
Read MoreSwitzerland, poised to lead carbon removals growth, should create a buyers’ club -report
Switzerland offers fertile ground from which to scale up the carbon removal market, both as an investor and driver of innovation and technological development, thanks to its progressive policies, strong research institutions, and existing industry, according to a report published on Thursday.
Read MorePREVIEW: Analysts cautious ahead of UK-EU carbon market linking talks
Carbon market participants hold a cautious outlook ahead of a crunch summit on Monday between the UK and EU at which linking the two emissions trading schemes will be discussed, warning that any “undershoot” of the current high expectations for progress would likely see a sell-off in UK allowance prices.
Read More