Airlines face CORSIA carbon credit supply shortfall by 2030, analysts warn
Demand for carbon credits deemed eligible under the UN’s CORSIA aviation offsetting scheme will exceed supply by the end of the decade in the absence of new offset sources, analysts predict.
Read MoreCash flow squeeze clips major voluntary carbon project developer for second time
A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.
Read MoreGhana urges govts to rapidly develop policy frameworks for Article 6
A key figure in the development of Ghana’s Article 6 policy framework has urged other countries to rapidly develop similar policies if they wish to capitalise on the opportunities of sovereign carbon trading.
Read MoreANALYSIS – Cookstoves at a crossroads: Methodologies, media, lack of demand in focus at Paris summit
Speakers and attendees at an international clean cooking summit in Paris on Tuesday highlighted the impact of the media on the voluntary carbon cookstoves sector, the optimism and challenges facing the rollout of new methodologies, and urged a focus on generating fresh credit demand to help address the surplus of units in the market.
Read MoreCOP29 host expects parties to find “tangible” Article 6 outcome in Baku
Ensuring a clear outcome on Article 6 will be a priority for Azerbaijan at the UN COP29 summit in November, the country’s President-Designate told an international event in Paris on Tuesday.
Read MoreUPDATE – Donors pledge $2.2 bln in fresh funding to ensure clean cooking for all in Africa
Governments, international organisations, and private sector donors have pledged $2.2 billion in new finance to provide universal clean cooking access across Africa by 2030 at a summit in Paris on Tuesday, with voluntary carbon finance cited as a key means of reaching this target.
Read MoreShareholders at Kasigau firm clash with board over alleged financial mismanagement -media
Shareholders of Kasigau Ranching Company have reportedly clashed with the board of directors over how “millions of shillings” from voluntary carbon credit sales were spent, with the firm in the middle of a financial and management crisis, according to local media.
Read MoreDATA DIVE – Built on solid rock: How Kenya emerged as a global leader for carbon market investment
This is the first story in Carbon Pulse’s newly-launched data journalism offering. Data Dive delves deeper into larger data sets to analyse the figures, identify the trends, and employ helpful visualisations that together deliver compelling and insightful news articles for our subscribers.
Read MoreConsultancy launches new business line to help companies invest in carbon credits
A global sustainability consultancy has launched a new division focused on helping companies invest in high-quality carbon credits, building on its existing carbon markets strategy, it announced on Thursday.
Read MoreMalawi issues letter of authorisation to sell 1.5 mln carbon credits at auction
Malawi’s Ministry of Natural Resources and Climate Change has authorised a private firm to auction the country’s carbon credits on the international market, according to local media reports.
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