Voluntary biodiversity credit sales could approach $3.5 mln in 2026 -report
Sales in the voluntary biodiversity market could reach nearly $3.5 million this year if current growth trends continue, according to a new market projection.
Read MoreNew ‘high-integrity’ REDD+ carbon crediting may be shutting out smallholders, study warns
Moves to boost integrity in REDD+ crediting in the voluntary carbon market (VCM) may be unintentionally locking smallholders and traditional communities out of climate finance, according to a new study applying a vulnerability-based avoided deforestation methodology in Brazil’s Amazon region.
Read MoreBRIEFING: Central banks urged to consider tighter rules to address nature-related financial risks
Central banks should step up their role in addressing nature-related financial risks, as biodiversity loss may eventually justify the use of hard tools such as higher capital requirements, according to experts.
Read MoreShell swings to profit in renewable and energy solutions after prior loss
Shell is the latest energy giant to report a jump in first quarter profits amid the US-Israeli war with Iran, partly driven by a sudden boost from the renewables and energy solutions sector.
Read MoreOcean groups release guidance for responsible marine carbon removal trials
A group of environmental organisations on Thursday proposed safeguards for marine carbon removal (mCDR) research, including environmental protections, transparency requirements, and community engagement measures.
Read MoreBRIEFING: Low-carbon tech needs standardised measurements to drive investor, buyer confidence
Big companies like Microsoft are turning their attention from renewable energy and carbon removal credits towards the up-and-coming technologies needed to decarbonise their own operations – yet they still need standardised measures to show exactly how they are shrinking their carbon intensity, according to a data provider working on the solution.
Read MoreTighter EU CORSIA carbon credit criteria could exclude vast majority of cookstoves from European buyers -analysts
A possible EU crackdown on the use of certain carbon credits by the bloc’s airlines could wipe out more than 90% of the cookstove offsets currently available to European buyers under the CORSIA global aviation emissions offsetting scheme, according to new analysis.
Read MoreDurable CDR buyers expect bigger discounts for forward purchases than suppliers do -survey
Durable carbon removal (CDR) buyers increasingly anticipate per-unit prices will fall through to 2030, placing them at odds with suppliers across several methods that expect flat or rising prices, according to an industry survey.
Read MoreBRIEFING: Senators, stakeholders express ETS rulemaking concerns in California legislative committee hearing
Senators sparred with the head of California regulator ARB on proposed changes to the state’s Cap-and-Invest Program in a legislative hearing on Wednesday, with lawmakers and stakeholders alike questioning the draft updates’ impacts on costs, revenues, affordability, and ambition under the programme.
Read MoreOntario carbon market risks steel sector exit without reform -think tank
Reforming Ontario’s carbon market may be the key to sustaining its cornerstone steel industry, according to analysis by a Canadian think tank.
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