Carbon broker, energy trader launch second auction for CORSIA-labelled credits
An environmental commodities broker and an energy trader have launched a second carbon auction, offering 100,000 Article 6- and CORSIA-labelled credits.
Read MoreSB64: Middle East war prevented parties from attending Bonn talks
Several countries sent reduced delegations to the SB64 UN climate talks in Bonn due to the effects of US- and Israel-led war in the Middle East, or were completely absent, according to parties and observers.
Read MoreISO opens consultation on global net zero transition planning standard
The International Organization for Standardization (ISO) opened a public consultation on Wednesday on a draft international standard for net zero transition planning.
Read MoreINTERVIEW: The hard part of biochar isn’t making it, but building the market, says climate tech firm
After more than a decade teaching smallholder farmers how to turn crop waste into biochar, the leaders of a climate tech firm said that beyond making the biochar itself, the real complexity lies in building the relationships and infrastructure needed to sell high‑durability carbon removal credits.
Read MoreNGO lays out roadmap to boost tech-based CDR in the US, flags $5 bln in unspent federal funds
Increasing research and development, building out infrastructure, creating durable markets, and strengthening standards and measurement, monitoring, reporting, and verification could help tech-based carbon removals to scale in the US, according to a report from an NGO.
Read MoreCarbon credit markets need binding regulation to scale with integrity, report says
Project-based carbon credit markets are moving towards a more regulated, state-led model as voluntary standards remain unable to address weak oversight, fragmented rules, and uncertainty around credit use, a report published Wednesday said.
Read MoreCarbon market investor expands Asia presence with Singapore office
A California-headquartered carbon credit investment and project management firm has opened a regional office in Singapore amid its Asian expansion efforts.
Read MoreMajor oil and gas companies spent over $273 mln lobbying for favourable US carbon market rules, investigation finds
Oil and gas companies have spent over $273 million to bolster carbon credit use in California’s emissions trading scheme, as well as shape early governance of climate-related market risks at a US financial regulator, a report found.
Read MoreCanadian nature-based solutions failing to realise full climate, water potential -researchers
A majority of nature-based solutions (NbS) projects implemented in Canada over the past 15 years have focused narrowly on biodiversity conservation despite possessing significant untapped potential to simultaneously address climate change, water security, and other societal challenges, according to new research.
Read MoreMajor firms deepen climate commitments as carbon credit adoption rises, report finds
More than half of the world’s largest companies now have net zero targets and nearly half plan to use carbon credits as part of their climate strategies, according to a report released Tuesday, highlighting the continued mainstreaming of voluntary carbon markets among major corporates.
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