Germany, Russia sign MoU to ship hydrogen via controversial gas pipeline
Germany and Russia have signed a €2 billion memorandum of understanding (MoU) to leverage the controversial gas pipeline Nord Stream 2 for the eventual distribution of hydrogen, even as the European Parliament called for the project to be halted due to rising tensions with Moscow.
Read MoreSalesforce adds science-based climate goals to procurement contracts
US software company Salesforce on Thursday announced it will require all suppliers to set long-term net-zero objectives under the Science-Based Targets Initiative (SBTi), while offsetting all current emissions associated with the delivery of goods and services to the company.
Read MoreUN launches AI-based platform for natural capital accounting
The UN and the Basque Centre for Climate Change (BC3) have unveiled a new tool for quantifying and accounting for ecosystem values under a previously-launched framework and standard, a facility designed to complement current measurements of GDP.
Read MoreSmall owners, government seen as missing link in US reforestation offsetting
Large US industrial timber companies are beginning to embrace reforestation through carbon finance, leaving small forest owners and government agencies key to scaling up offset efforts, a conference heard Wednesday.
Read MorePolicy and trust-building, not technological breakthroughs, viewed as key to scaling CCS
Carbon capture and storage (CCS) of various types is technologically ready to be deployed at scale but needs streamlined permitting, increased tax incentives, and broad public outreach to do so, a conference heard on Wednesday.
Read MoreCompanies should immediately plan for 2050 GHG removals to secure supply -panel
Companies with net zero pledges set decades into the future should begin planning and implementing emissions removal strategies now, both to ensure long-term credit supplies for themselves and to generate demand signals for market benefit, a conference heard on Tuesday.
Read MoreIncreased financial sector participation to dramatically change voluntary carbon market -panel
The structure of voluntary carbon markets (VCM) is expected to change dramatically as financial institutions become ever-larger participants in the space and corporate purchasing decisions shift from marketing departments to finance, a conference heard on Tuesday.
Read MoreLEAF to impose high-ambition climate, deforestation commitments on both buyers and sellers -panel
The Lowering Emissions by Accelerating Forest (LEAF) finance coalition will impose high ambition requirements on public and private sector buyers and sellers of offsets, its founding nations the US, the UK, and Norway said on a webinar on Friday.
Read MoreVCM participants split on shorter offset permanency requirements for struggling small forest owners
US owners of lands smaller than 2,000 hectares are struggling both to maintain forests and generate credits under existing voluntary carbon offset (VCM) standards, but experts are divided on whether lower monitoring obligations can help alleviate the situation, panelists at the North American Carbon World (NACW) conference said Thursday.
Read MoreUS agricultural carbon markets bill passes key Senate committee
The US Senate Committee on Agriculture, Nutrition, and Forestry unanimously approved a bipartisan bill on Thursday designed to create a framework within which farmers, ranchers, and private forest owners can receive payments for generating carbon credits through implementing climate-smart practices.
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