RGAs head “into the stratosphere” as prices rally to surpass $33
RGGI Allowance (RGA) futures jumped more than 7% on Thursday as traders said the market was showing no signs of slowing down in its recent rally to historic highs.
Read MoreANALYSIS: CORSIA ‘standoff’ continues between supply and demand as uncertainty clouds market
Airlines are yet to deliver meaningful demand for CORSIA-eligible credits, despite repeated assurances of commitment, leaving a growing pipeline of eligible carbon credits in search of buyers and raising concerns among project developers, insurers, and analysts about the pace of investment.
Read MoreOil and gas firms’ emissions targets still incompatible with Paris Agreement -analysis
A London-based think tank analysed 30 oil and gas companies, finding their emission reduction targets remain generally incompatible with the Paris Agreement despite some improvements on methane.
Read MoreIndigenous land carbon projects targeted for new co-benefits certification framework
A carbon crediting programme is partnering with an Indigenous-led non-profit to develop a certification framework for co-benefits linked to carbon projects on Tribal and First Nations lands in the US and Canada, the groups announced Monday.
Read MoreBP suffers shareholder defeat after trying to scrap climate reporting obligations
UK oil major BP suffered a heavy shareholder defeat at its annual general meeting on Thursday that could set back its plans to pivot back to fossil fuels.
Read MoreNigeria boosts CORSIA supply by almost 4 mln credits
Nigeria has boosted Phase 1 CORSIA supply by almost 4 four million credits, a developer said Thursday.
Read MoreBRIEFING: REDD+ backers see governance risks as barrier to investment
Governance challenges are emerging as the main barriers to scaling investment in conservation projects, with market participants warning that financial risks increasingly stem from social and institutional factors rather than carbon accounting.
Read MoreINTERVIEW: Soil restoration could unlock overlooked climate cooling pathway
Restoring degraded soils could help rebuild natural water cycles that play a major role in regulating the planet’s temperature, according to experts highlighting the potential of nature-based solutions (NbS) beyond emissions cuts and carbon sequestration.
Read MorePlan Vivo to embed oyster reef method into biodiversity credit framework
Standard body Plan Vivo aims to integrate a method for oyster reef habitat conservation and restoration into its framework for generating voluntary biodiversity credits.
Read MorePACM method for crediting N2O abatement should include new plants to spur investment, stakeholders say
Stakeholders have urged the UN to allow for new nitric acid plants to generate carbon credits under a draft Article 6.4 methodology, as excluding greenfield facilities could undermine incentives to cut N2O emissions.
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