Apple employs suite of tools to reduce emissions, adopts offsets as “interim” solution
En route to carbon neutrality at the end of the decade, US tech giant Apple plans to offset 25% of emissions across its value chain with voluntary carbon credits, it said in a progress report released Thursday.
Read MoreAustralian pension fund tips $400 mln into Macquarie NBS, renewables fund
Superannuation fund UniSuper on Friday announced a $400 million investment in the Macquarie Green Energy and Climate Opportunities Fund (MGECO), which invests in renewable energy and nature-based solutions.
Read MoreWCI Markets: CCAs fluctuate on low volumes, WCAs continue to creep higher
California Carbon Allowance (CCA) prices fluctuated throughout the week, ending with minimal gains as traders await next week’s workshop on potential programme amendments, while Washington Carbon Allowance (WCA) values crawled higher amidst limited activity in the under-fire scheme.
Read MoreUS DOE invests $8 mln in industrial decarbonisation
The US Department of Energy (DOE) on Thursday unveiled $8 million in funding for 14 projects that convert CO2 emissions from industrial processes into useful products.
Read MoreBrazil must drive G20 efforts on international standards for biodiversity disclosures, non-profit says
Brazil should lead G20 efforts in developing globally recognised standards for nature-related disclosures, non-profit CDP has said, as the country considers mandating compliance with target 15 of the Kunming-Montreal Global Biodiversity Framework (GBF).
Read MoreANALYSIS: Voluntary carbon actors eye narrative change but demand still lacking
Voluntary carbon attendees at an industry event held in Florence this week struck an optimistic note in light of imminent market developments that are expected to boost demand, but multiple sources highlighted a lack of tangible impact so far, with buyers still said to be holding back on offset investment due to reputational risk.
Read MoreOff-grid solar company gets green light for large cookstove carbon projects in Africa
A project developer plans to distribute 600,000 energy-efficient clean cookstoves in Africa as part of a multi-million dollar grant to decarbonise the electrical grid in Uganda.
Read MoreGold Standard approves CDR methodology for biomass fermentation
Gold Standard has approved its first geological storage methodology as it steps into the carbon removal (CDR) sector that is starting to shift from a niche market into the mainstream.
Read MoreOregon explores clean fuels programme amendments amid CI modelling delay
The Department of Environmental Quality (DEQ) is delayed in updating its carbon intensity (CI) model adjustments for Oregon’s Clean Fuels Program (OCFP), but staff targets rulemaking completion towards the original planned date, a webinar heard Wednesday.
Read MoreEnvironmental assets exchange adds biochar credits to its platform
An environmental assets marketplace on Wednesday introduced a new line of carbon removal credits via a recently-introduced biochar trading instrument.
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