ICVCM decision on first eligible voluntary carbon methodologies delayed til June as Verra, ART get nod of approval

Published 09:00 on May 2, 2024  /  Last updated at 00:03 on May 2, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary

Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)’s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.

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Australia developing savanna fire management ACCU method that credits sequestration for the first time

Published 07:18 on May 2, 2024  /  Last updated at 09:16 on May 2, 2024  / /  Asia Pacific, Australia

The Australian government is developing two new savanna fire management (SFM) method proposals, including one that will propose to credit sequestration in living vegetation for the first time, a department spokesperson confirmed to Carbon Pulse.

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Clean Energy Regulator auditing HIR projects, NGER reports

Published 03:22 on May 2, 2024  /  Last updated at 03:22 on May 2, 2024  / /  Asia Pacific, Australia

A compliance update from the Clean Energy Regulator (CER) Thursday said it had begun gateway audits on several human-induced regeneration (HIR) carbon projects, as well as audits of a number of emissions reports under the NGER scheme.

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Australian firm launches nature certificates tied to microplastics clean-up

Published 10:56 on May 1, 2024  /  Last updated at 10:56 on May 1, 2024  / /  Asia Pacific, Australia, Biodiversity

An Australian data services company on Wednesday announced the launch of a subscription-based nature certificate intended to help fund efforts to prevent plastic pollution off the coast of Sydney, but that can be extended to other locations globally.

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Australian industries divided over the need of a CBAM, consultation submissions show

Published 09:02 on May 1, 2024  /  Last updated at 09:02 on May 1, 2024  / /  Asia Pacific, Australia, Carbon Taxes, CBAM

Major Australian companies and industry groups are at odds over whether the government should pursue a Carbon Border Adjustment Mechanism (CBAM) to address carbon leakage, according to submissions under a government consultation.

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Clean Energy Regulator’s oversight of ACCU Scheme “largely effective”, audit finds

Published 01:38 on May 1, 2024  /  Last updated at 01:38 on May 1, 2024  / /  Asia Pacific, Australia

The Australian National Audit Office (ANAO) has found the Clean Energy Regulator’s (CER) supervision of the country’s carbon market to be “largely effective”, but noted opportunities to address weaknesses in its information systems used to administer the scheme.

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BRIEFING: Investigation into Australian environmental offsets finds weak legal protections, regulators caving to developers

Published 15:01 on April 30, 2024  /  Last updated at 09:45 on April 30, 2024  / /  Asia Pacific, Australia, Biodiversity

An investigation into Australia’s federal environmental offset scheme has found a ‘set and forget’ regulatory approach has led to areas earmarked for conservation being impacted or developed without consequence.

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Australia proposes amendments to emissions reporting scheme

Published 02:16 on April 30, 2024  /  Last updated at 04:11 on April 30, 2024  / /  Asia Pacific, Australia

The federal government is consulting on legislative amendments to the National Greenhouse and Energy Reporting (NGER) scheme to make emissions reporting more robust, releasing a discussion paper on proposed changes on Monday.

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Australia’s ERAC adds senior technocrat to ranks

Published 09:33 on April 29, 2024  /  Last updated at 09:33 on April 29, 2024  / /  Asia Pacific, Australia, Bavardage

Australia’s Emissions Reduction Assurance Committee (ERAC) has added a new member to its ranks to better undertake its work ensuring the integrity of Australia’s carbon credit scheme, the government announced Monday.

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Australian non-profit to launch emissions accounting platform in May

Published 09:22 on April 29, 2024  /  Last updated at 09:22 on April 29, 2024  / /  Asia Pacific, Australia

An emissions accounting platform for Australia’s agriculture, fisheries, and forestry sectors is expected to go live in May, its developer announced Monday.

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