Non-profit kicks off German-funded biodiversity and nature project in the Philippines
A large non-profit will start work on a €32.7-million German-backed project that could help the Philippines meet its global climate and nature targets, it announced this week.
Read MoreUK standard body launches insetting framework for Scope 3 mitigation
UK standard body Social Carbon has launched an insetting framework for supply chains in forestry, land use, and agriculture (FLAG).
Read MoreEmpty gas fields could host large-scale Australian energy storage projects -paper
Some depleted oil and gas reservoirs in onshore Queensland could be repurposed as compressed air energy storage (CAES) and offer a decarbonisation solution, according to researchers.
Read MoreCN Markets: CEAs fall back below RMB 70 amid selling pressure, CCERs hold higher
Permit prices in China’s national emissions market this week again fell below the RMB 70 ($9.72) mark amid mounting selling pressure, remaining at 16-month lows, while the country’s offset market still saw credits traded above RMB 80.
Read MoreUN to review new cookstoves carbon methodology at next PACM methodology meeting
UN officials tasked with helping to shape the Paris Agreement Crediting Mechanism (PACM) will review and discuss a new clean cooking crediting programme at the next methodological expert meeting in July.
Read MoreAustralian carbon market industry body CEO announces resignation
The head of Australia’s carbon market industry body will resign on July 4, the organisation announced Friday.
Read MoreAustralian DAC startup partners with Kenyan developer to store CO2 in Great Rift Valley
An Australian direct air capture (DAC) startup has signed an agreement to deploy solar-powered DAC modules in Kenya, as interest grows in using the Great Rift Valley’s geology and renewables for CO2 removal projects.
Read MoreNZ budget shows govt not serious about meeting 2030 NDC, legal group says
A prominent New Zealand legal group has questioned the government’s seriousness about meeting its 2030 international climate targets, given its latest budget provides no funding to purchasing overseas carbon credits.
Read MoreAustralian Market Roundup: Landfill gas projects dominate issuance as ACCU price inches up
Australian Carbon Credit Unit (ACCUs) issuances rose in April, largely generated by landfill gas projects, as market prices slowly pick up despite a lull in activity.
Read MoreCOMMENT: Demystifying the Link between Article 6 and the Voluntary Carbon Market
A key takeaway from recent discussions on the link between Article 6 and the VCM is the persistent confusion surrounding Corresponding Adjustments (CAs), particularly regarding project eligibility, conditional NDCs, and the limited supply of CAs, with concerns emerging over pricing distortions, voluntary buyer behaviour, and the need for clearer frameworks to ensure environmental integrity and mobilise finance at scale.
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