Carbon registry aims for faster CDR credit issuances with new scheduling tool
A carbon removal (CDR) registry launched on Thursday a tool seeking to centralise audit scheduling and shorten the time to issuance.
Read MoreAustralia registers second nature project, twinned with carbon
The second project under Australia’s Nature Repair Market (NRM) has been registered, combined with a carbon credit project.
Read MoreSIDS look to Bonn talks to shape new 1.5C tools around project delivery
Small island developing states (SIDS) are pushing for two emerging 1.5C implementation tools to become practical routes for faster finance and project delivery, as negotiators look to shape the initiatives ahead of the SB64 talks in Bonn, Germany.
Read MoreCOMMENT: Clean cookstoves are becoming a carbon market litmus test
Local communities must be put at the heart of clean cooking projects for them to generate credible carbon credits and fulfil their potential as one of the only climate measures that can be deployed fast and at scale in displacement settings.
Read MoreNZ ETS-covered industrial eyes restart
One of New Zealand’s industrial emitters is set to resume operations, it announced on Wednesday, following an early stage agreement to power the site with renewable energy.
Read MoreAustralian carbon developer offers stake in business
One of Australia’s largest project developers is seeking buyers for an at-least 50% stake in the business, according to media reports.
Read MoreNZ govt ignored officials’ advice not to ban climate torts, halt active litigation
Officials advised the New Zealand government against legislating to ban climate-related tort claims, newly released papers showed, while their analysis found that allowing courts to consider such claims against corporates could leave some with a higher standard than required under the country’s emissions trading scheme.
Read MoreVCM REPORT: CORSIA benchmark prices dive more than 15% as EU review, jet fuel costs sap demand
Prices for Phase 1 CORSIA-eligible carbon credits continued to fall last week as uncertainty around the international aviation offsetting scheme and persistently high jet fuel prices weighed on market sentiment, pushing thoughts of future compliance lower down carriers’ list of priorities.
Read MoreINTERVIEW: Biodiversity credits are closest ecosystem service to commercial viability
Biodiversity credits are the ecosystem services market closest to becoming commercially viable as a funding source in their own right, but for now most nature value is still being priced indirectly, the head of a nature-based solutions financier has said.
Read MoreSustainable debt market surges in last five years to exceed $7 trillion -non profit
The global sustainable debt market has surged in activity since 2020, with cumulative aligned issuance now having surpassed $7 trillion, according to the latest data from a non profit.
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