Zero-emissions cookstoves developer targets Kenya for market launch, first voluntary credits
Problems with calculating how much charcoal an improved cookstoves carbon project uses could be consigned to the past with the launch of a new hydrogen-powered portable cooker that promises zero CO2 emissions.
Read MoreGlobal Carbon Council launches new voluntary CCS methodology for hard-to-abate sectors
The Global Carbon Council (GCC) launched Thursday its wide-ranging carbon capture and storage (CCS) methodology after completing a consultation process that started in November.
Read MoreMining for critical minerals is putting African great apes at risk of decimation, study finds
Africa’s critical minerals mining boom could wipe out more than one-third of the continent’s ape population, with short-term offset plans failing to compensate for negative impacts, researchers have found.
Read MoreVoluntary carbon ratings agency co-founder steps down
The co-founder of a voluntary carbon market ratings agency has stepped down from their role at the firm to focus on other tools to fight climate change.
Read MoreLast year’s renewable energy additions less than half what required to hit global climate goals
The 473 gigawatts of renewable power capacity added in 2023 marks a new record, but is less than half what is required to meet global climate and sustainable development goals at 1,000 gigawatts annually, with finance and grid bottlenecks presenting key bottlenecks, a new report finds.
Read MoreJoint initiative gives more than 30,000 Nigerian smallholder farmers access to carbon finance
An agtech partnership with an emissions trading marketplace launched on Wednesday aims to provide more than 30,000 smallholder farmers in Nigeria with access to carbon finance.
Read MoreCanadian carbon offset financier sees project revaluation income boost but faces cash squeeze
A Toronto-headquartered voluntary carbon investor saw positive income in 2023 following a major revaluation of its only credit-issuing project to-date, but needs to raise more cash to fund planned operations for the next 12 months, it reported Tuesday.
Read MoreCORRECTION – Glut of surplus voluntary carbon credits from big four standards hits almost 800 mln
The glut of available credits in the voluntary carbon market started to grow again in March to leave the surplus close to 800 million credits from across the big four standard bodies, according to Carbon Pulse VCM Portal data.
Read MoreCommonwealth’s carbon tax law model aims to help countries price polluters
The Commonwealth of Nations is looking to help member countries implement a carbon tax based on a model law designed to make it easy to administer, ensure a just transition, and reduce the impact on low-income and vulnerable groups.
Read MoreINTERVIEW: New global finance goal must drill down on who pays, where it goes, and how it’s tracked
The new global climate finance goal will have to drill down on details such as where the money comes from, where it is allocated, how it is monitored and verified, and, ideally, how to bolster integrity of carbon markets, according to a senior international climate finance official.
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