Article 6 authority consults on corresponding adjustments, new methodologies
Two major calls for stakeholder input have been launched by the Supervisory Body for the Paris Agreement’s Article 6.4 crediting mechanism, concerning corresponding adjustments and proposed new crediting approaches, as experts ramp up technical work in a methodology meeting running this week.
Read MoreArticle 6 credits “the only instrument” capable of linking global carbon markets, says analyst
Article 6 may now be the only way of truly connecting international carbon markets, according to a veteran analyst, with the EU credit demand signal a make-or-break moment for scaling Paris-era trading.
Read MoreNo biodiversity metric can ensure no net loss across value chains, study says
Companies must identify a set of biodiversity metrics to minimise their impacts on nature, as there is no single indicator ensuring no net loss at the value chain level, a paper has said.
Read MoreUS platform adds tool to claw back tax on carbon credit buying
A US platform for buying sustainable products is adding a tool to enable customers to claw back tax on credit purchases, by teaming up with a non-profit investor in the carbon removal (CDR) sector.
Read MoreMineral formation risks undermining OAE efficiency, North Atlantic experiments find
Mineral precipitation occurred within hours of alkalinity addition in a series of ocean alkalinity enhancement (OAE) experiments in the North Atlantic, in some cases removing more alkalinity than was initially added and potentially rendering the approach counterproductive, a new study has found.
Read MoreVoluntary biodiversity credit database releases methodology
Bloomlabs has released the methodology it uses to structure, verify, and maintain its voluntary biodiversity credit database.
Read MoreMarine CDR offers C$16 bln economic opportunity for Canada -research
Canada could increase its GDP by C$16 billion ($11.5 bln) by 2050 with more research and investment in the nascent marine CDR (mCDR) industry, said a report.
Read MoreGlobal restoration fund to begin partnering with project developers
A UN-managed climate fund announced on Thursday that it will begin partnering with project developers, in addition to investment fund managers and advisors, to support the scale-up of nature-based investments.
Read MoreLATAM country secures its first World Bank forest carbon payout
A Latin American country has received its first payment from the World Bank’s Forest Carbon Partnership Facility (FCPF) for verified REDD+ emission reductions.
Read MoreClimate-driven land use shifts could boost soil carbon by estimated 150 bln tonnes -study
Global soils could store almost 150 billion tonnes of CO2 this century through improved cropland and bioenergy management, according to new modelling that finds climate-focused land use policies deliver substantially higher gains than food system reforms alone.
Read More