Study urges corporates to define their own residual emissions, in absence of global consensus
Companies aiming for net zero should begin to classify their emissions from fastest and easiest to cut through to hardest-to-abate, in order to overcome the challenge of pinpointing the residual emissions that will need to be removed to hit the ‘net’, according to researchers.
Read MoreGold Standard clamps down on double counting of co-benefits, certified SDG contributions
Gold Standard launched a consultation on Tuesday, introducing a new voluntary reporting pathway for project developers which it said could reduce the risk of double counting co-benefit and certified contributions to the UN’s Sustainable Development Goals (SDGs).
Read MoreIndonesia forest carbon project nears issuance of 4 mln credits
An Indonesian forest project is expected to be issued around 4 million carbon credits from 2022-25 vintages, its developer said on Tuesday.
Read MoreAustralia Market Roundup: April ACCU issuances fall from March highs, vegetation still dominates
Australian carbon market issuances fell in April, but were still second highest this year after March, with vegetation and waste projects accounting for large shares of the total.
Read MoreCarbon credit consultancy shuts Japan legal entity in administrative move
A major carbon finance consultancy has closed its Japanese legal entity as part of an administrative simplification process, but will continue serving clients in the country through other Asian hubs, the company told Carbon Pulse.
Read MoreCarbon shifting from international value to domestic concern in India, says report
While India has been an active participant in international carbon markets, the introduction of its compliance ETS and the EU’s Carbon Border Adjustment Mechanism (CBAM) is shifting the carbon value to domestic companies, found a report.
Read MoreIndian fertilisers have immediate emissions reduction opportunities, report says
India’s fertiliser industry could cut emissions immediately through efficiency upgrades, renewable electricity, and carbon capture, a report said.
Read MoreCoalition launched to boost Asia demand for high‑integrity carbon credits
An industry‑led coalition backed by major corporates and financiers has been launched at the GenZero Climate Summit to aggregate demand for high‑integrity carbon credits.
Read MoreAsian emissions to peak in 2030 as China declines offset India growth -report
Asia’s carbon emissions will peak two years earlier than previously expected, in 2030 rather than 2032, even as fossil fuels are to remain deeply embedded in the region’s energy mix through the next decade, according to a report.
Read MoreGlobal buildings decarbonisation “stalled” despite efficiency gains, UNEP says
The global buildings sector is now 3.5 billion tonnes of CO2 off the trajectory needed to meet international net zero targets, with decarbonisation momentum “stalled”, according to a United Nations report released on Tuesday.
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