US stops funding for LEAF Coalition amid wider foreign aid suspension
Washington has suspended funding for the forest finance LEAF Coalition initiative as part of a wider withdrawal from foreign aid under the new administration of President Donald Trump.
Read MoreEnvironmental standard launches consultation on nature stewardship credit framework
An environmental standard announced on Thursday it has opened a public consultation on its framework for Nature Stewardship Credits (NSCs), setting out eligibility criteria for biodiversity conservation and restoration projects with demonstrated social benefits.
Read MoreOrsted slashes investment plans in wake of Trump’s offshore wind lease suspension
The world’s biggest offshore wind developer Orsted has slashed investment by 25% up to 2030 in the wake of challenges to the renewable energy industry and the decision by US President Donald Trump to suspend new leases for offshore wind in the US.
Read MoreVoluntary carbon market ratings agency launches new quality, pricing indices, says 2024 was “turning point” for credit integrity
The year 2024 was a “turning point” for integrity in the voluntary carbon market (VCM) and the prices that high-quality credits command, according to a new set of quality and pricing indices launched by a ratings agency and backed by a carbon market intelligence firm.
Read MoreForest Stewardship Council verifies biodiversity benefits of first US-based project
A carbon removal developer with huge offtake support verified the first US-based afforestation (ARR) project through the Forest Stewardship Council (FSC), it announced Thursday.
Read MoreCarbon removal developer opens pilot plant in Hawaii
A carbon removal company announced the start of operations at its pilot plant in Hawaii on Thursday.
Read MoreCercarbono sets up expert panel for biodiversity credit certification
Colombia-based environmental standard Cercarbono has set up an independent panel of biodiversity experts to facilitate its certification process, the company announced on Thursday.
Read MoreCORSIA Phase 2 eligibility for standards to become more stringent -TAB member
The eligibility criteria for Phase 2 of UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) are set to become more stringent for international carbon standards, a member of the Technical Advisory Body (TAB) told Carbon Pulse.
Read MoreNorth American Clean Fuels Markets: Federal policy uncertainty looms over programmes
California’s Low Carbon Fuel Standard (LCFS) credit prices moved higher even as the programme’s surplus bank hit a new high in Q3 2024, but market observers remained cautious about the impact of ongoing political turbulence in the US and Canada on clean fuel schemes.
Read MoreJudges question standing in case challenging Louisiana’s CO2 well permitting programme
A panel of appellate judges questioned whether a group of environmentalists had standing to challenge the US EPA over its recent decision to grant Louisiana authority over the permitting process for CO2 injection wells.
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