ICVCM took “significant step” towards quality in cookstoves decision, say academics behind critical paper
The Integrity Council for the Voluntary Carbon Market (ICVCM) took a strong step towards cleaning up the cookstoves sector, according to the experts behind a critical research paper that claimed a large share of projects had been heavily over-credited in the past.
Read MoreBRIEFING: Industry groups eye pilot for common ASEAN carbon market by late 2025
The signatories of the ASEAN Common Carbon Framework (ACCF) met this week to discuss the modalities of a common carbon market for the region, expecting to launch a pilot by Q4 2025.
Read MoreAustralia’s environment sees slight improvement, but major threats to biodiversity persist, report finds
The status of Australia’s environment slightly improved last year, though habitat destruction, invasive species, and the ongoing climate crisis continue to threaten native ecosystems, according to an annual report released this week.
Read MoreCN Markets: CEAs dip marginally as CCERs get all the attention
Permit prices in China’s national emissions market fell slightly this week with the closing price remaining below the 90-yuan mark for the third consecutive week, while the CCER market saw continued interest amid fresh supply.
Read MoreThai firms to reforest mangroves for blue carbon credits
Subsidiaries of two publicly-listed Thai companies have partnered to develop a mangrove reforestation project aimed at generating blue carbon credits, the companies announced this week.
Read MoreMarine company sees clean energy orders rise, but LNG still a fundamental
Marine engineering company Seatrium, formed from the bones of a dissolved Keppel and Sembcorp, is bullish on renewables, carbon capture and storage (CCS), and ammonia while seeing a central place for hydrocarbons in the energy transition.
Read MoreJapan to build digital MRV system for J-Credits from solar-based offset generation
Four Japanese companies have been selected to help advance a digital monitoring, reporting, and verification (MRV) system for the country’s carbon offset programme.
Read MoreMost new carbon storage on land not in living plants, study says
Most of the carbon absorbed by land over the past three decades has ended up in non-living reservoirs rather than in growing trees and plants, according to a study that challenges previous models of Earth’s carbon cycle.
Read MoreNZ Market: NZU price hits 6-mth low as buyers step away
The New Zealand Unit (NZU) spot price fell by 2.5% on Friday in the wake of this week’s declined auction, as the government updated free allocation settings to one of its biggest emitters.
Read MoreBRIEFING: Too early to predict credit issuance impact on Cambodian REDD+ projects from dam developments, operator says
Proposed hydropower dams will likely cut a small swathe through several active and proposed REDD+ projects in Cambodia, but its operator says it is too early to say how the work will impact carbon credit issuance.
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