Governance-led approach needed to align forest finance with ecological goals -research
Aligning finance with forest conservation and restoration requires a shift away from short-term, return-driven investment approaches toward frameworks guided by public objectives, a paper has said.
Read MoreBRIEFING: Multilateral work on fossil fuel transition must address root causes, not just symptoms, landmark conference hears
The global transition away from fossil fuels must address deep issues like fiscal reliance, constrained energy access, price distortions, poorly aligned domestic policies, and limited multilateral architecture, the Santa Marta conference in Colombia heard this past week.
Read MoreCanadian DAC developer clinches deal with French energy company
A Canadian carbon removal company has struck a deal with a French multinational electric utility company covering carbon credit procurement, joint research, and market development.
Read MoreUN climate chief calls for global leap to renewables as oil crisis deepens
The need for clean electrification and cookstoves are set to be top priorities for November’s COP31 summit, against the backdrop of a widening international oil crisis, leaders said at a meeting in Paris on Thursday.Â
Read MoreRGAs move higher Wednesday following reversal, RGGI confirms Virginia’s July re-entrance
RGGI Allowance (RGA) futures moved back higher following Tuesday’s reversal from the recent historic surge as market administrator RGGI Inc. issued a statement late in the day welcoming Virginia back into the programme.
Read MoreVerra publishes auditor scorecards, says it’s cutting timelines amid digitalisation
The standard body is cutting project review timelines, rolling out digital systems, as well as expanding Article 6 and CORSIA labelling guidance, it said in a Wednesday stakeholder update, as it also published auditor scorecards on the same day.
Read MoreCost, demand barriers limit species-level forestry project data -expert
Remote sensing-based models used for forest carbon projects are unlikely to incorporate tree species identification due to cost constraints, with speakers instead highlighting the role of time-series biomass data in assessing forest carbon projects at a Wednesday webinar.
Read MorePennsylvania funds $6.8 mln carbon capture at cement plant, part of wider GHG reduction package
Pennsylvania announced more than $267 million to projects across the state targeting GHG emissions reductions between a number of projects, including one carbon capture initiative at a cement manufacturing plant.
Read MoreWashington releases proposed APCR, auction updates under cap-and-invest
Washington’s Department of Ecology (ECY) published on Wednesday implementation guidance related to planned updates to Allowance Price Containment Reserve (APCR) and other auction- and supply- related provisions under the state’s cap-and-invest programme.
Read MoreAerospace company procures 20k CDR credits via carbon marketplace
A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
Read More