Mysterious US ocean carbon capture startup set for development in Saudi Arabia
An ocean carbon removal startup that has yet to reveal its pioneering technology has struck a partnership with a state-backed Saudi development company to further bolster the country’s carbon credit exchange.
Read MoreRock weathering could offset growing permafrost-driven river CO2 emissions -research
Chemical weathering triggered by permafrost thaw could offset a substantial share of CO2 emissions from rivers draining frozen landscapes, and in some regions may eventually outweigh them altogether, according to new research.
Read MoreMalaysia seeks ICVCM, CORSIA alignment for national forest carbon registry
Malaysia is seeking to upgrade its national forest carbon registry to meet standards set by the Integrity Council for the Voluntary Carbon Market and the aviation sector’s Carbon Offsetting and Reduction Scheme for International Aviation.
Read MoreRFUK unveils decade-long plan to shift rainforest protection towards Indigenous-led governance
Rainforest Foundation UK (RFUK) has unveiled a new strategic vision through 2033 centred on expanding Indigenous and community control over tropical forests, arguing that rights-based conservation and local stewardship offer the most effective response to accelerating deforestation and biodiversity loss.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreOPEC sees no peak in oil demand amid energy security concerns
OPEC sees “no peak oil demand” coming soon as governments around the world rethink climate and energy policies given recent concerns, according to its latest long-term outlook which claims crude will retain the largest share of the global energy mix through to 2050.
Read MoreCN Markets: CEA prices remain stagnant, Shanghai completes first auction under carbon trust
China’s national emissions market remained in a narrow range over the past week due to a lack of fresh policy signals, while Shanghai completed its first carbon auction under a newly established trust for its regional scheme.
Read MoreSB64: Geopolitical tensions fuel stalemate in Bonn, raising expectations for COP31
Climate negotiators ended two weeks of talks in Bonn with mixed results, as geopolitical conflicts over climate finance and fossil fuels limited technical and diplomatic movement in most areas, largely leaving the international climate community eyeing November’s COP31 summit for greater progress.
Read MoreIndependent monitoring could serve jurisdictional, investor needs in J-REDD+, speakers say
Independent due diligence on jurisdictional claims will be increasingly necessary for generating buyer-facing confidence in jurisdictional REDD+ (J-REDD+) programmes, speakers said during an online event on Thursday.
Read MoreCountries need regulatory frameworks to fill integrity gaps for carbon credit markets -report
Regulatory oversight should be viewed as an enabling condition to scale up carbon credit markets, according to new research.
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