FEATURE: Zimbabwe dispute over CORSIA credit eligibility has wider implications for up-and-coming national registries
A dispute over the eligibility of Zimbabwe’s carbon credits for the aviation offsetting scheme CORSIA could serve as a cautionary tale for upcoming national carbon registries – even as Zimbabwe continues to fight for a solution that clears the emission reduction units for take-off.
Read MoreZimbabwe blasts CORSIA decision as “direct attack” on African climate ambitions
Zimbabwe is pushing back on a UN decision and subsequent move by Gold Standard to stop marking certain credits from the country as eligible for the aviation scheme CORSIA, calling it a “direct attack” on African development and climate goals.
Read MoreBig investors are waiting for carbon removal developers to prove their record
Startup carbon removal developers will struggle to attract large sums of capital in the coming years, as institutional investors remain wary of projects that lack offtake agreements and proven results, finance experts told a conference in London on Wednesday.
Read MoreCORRECTION – UK govt awards funding for domestic DAC carbon removal techs
The UK government has awarded research and development funding to 15 direct air capture (DAC) carbon removal projects in the country, for a total of just under £55 million, it announced on Tuesday.Â
Read MoreCookstove developer expands into Uganda, eyeing Article 6 carbon credits
A clean cookstove developer is expanding into Uganda, beginning with the delivery of 10,000 improved cookers to rural communities, it announced on Monday.
Read MoreUK plans to nationalise British Steel, in move to protect domestic production
The UK government will introduce legislation this week enabling it to nationalise one of the country’s highest emitting companies, British Steel, if it’s in the public interest.
Read MoreCarbon registry taps new lead to build nature crediting programme
A blockchain-based removal and reduction registry has appointed a new advisor to head design and build a new framework for nature-based projects, it announced on Monday.
Read MoreUPDATE – EU’s draft carbon farming certification is weaker than Paris Agreement’s Article 6.4 -study
The European Commission’s draft rules for certifying carbon farming work are weaker than the integrity principles in the voluntary carbon market, as well as requirements under the “already imperfect” Paris Agreement Article 6.4, according to a study released on Thursday.
Read MoreBRIEFING: Low-carbon tech needs standardised measurements to drive investor, buyer confidence
Big companies like Microsoft are turning their attention from renewable energy and carbon removal credits towards the up-and-coming technologies needed to decarbonise their own operations – yet they still need standardised measures to show exactly how they are shrinking their carbon intensity, according to a data provider working on the solution.
Read MoreUK energy industry warns of big, costly risks if carbon price is scrapped
Scrapping the UK’s carbon pricing would lead to higher household energy prices and expose British companies to extra EU taxes under the bloc’s border carbon fee, according to the country’s energy industry group.
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