FEATURE: Voluntary carbon projects still need sifting despite ICVCM stamp of approval
Work by the Integrity Council for Voluntary Carbon Markets (ICVCM) to label credits with the Core Carbon Principles (CCP) stamp will only go so far in determining the quality of supply, as project-level assessments will still be required to help buyers identify good projects, say market stakeholders.
Read More‘Positive narrative’ on carbon pricing emerging in Australia, but risks and challenges remain, report says
Growing compliance demand driven by the Safeguard Mechanism and corporates looking to meet ESG requirements is creating a ‘positive narrative’ on carbon pricing and carbon markets in Australia, although ongoing risks and challenges remain, according to a report published Wednesday.
Read MoreG20, MDBs channel $47 bln per year into fossil fuels, while clean energy finance lags -report
G20 countries and multilateral development banks provided at least $47 billion per year to fossil fuel projects between 2020 and 2022, with much less funding flowing to clean energy projects, according to research released on Tuesday.
Read MoreUPDATE – Prospective Philippines registry operator sets up partnership to pave way for green hydrogen ITMO trades
The prospective operator of the Philippines’ national carbon registry has teamed up with a Brisbane-based company to promote green hydrogen solutions, as part of a strategy to encourage the creation and trading of Paris-aligned carbon credits.
Read MoreInvestors are failing to hold directors to account for climate risk, report finds
So-called responsible investors are shirking their duties to push for company directors with better climate policy, according to a report released Tuesday.
Read MorePrivate land conservation group fears Australia is weakening its nature targets
The Australian government appears to be downgrading its biodiversity conservation targets, a peak nature body has warned, based on information in a recent consultation.
Read MoreVCM Report: ICE CORSIA voluntary carbon futures strengthen further on thin trade as sources point to ‘panic’ buying
ICE’s CORSIA Phase 1-eligible (2024-26) voluntary carbon futures extended gains to reach a fresh record last week, on very low volume, with the price strength coming off the back of ‘panic’ buying given the supply uncertain outlook, according to sources.
Read MoreAustralia’s Clean Energy Regulator takes legal action against trading company
The Clean Energy Regulator (CER) is taking a trading company and its former director to the Federal Court for allowing unauthorised persons access to its emissions registry unit (ANREU) account, it announced Monday.
Read MoreLNG partners team with fertiliser player for CO2 storage in Western Australia
A CCS joint venture has partnered with a fertiliser producer to consider CO2 capture in a major industrial region in Australia, using a depleted gas field for storage.
Read MoreAustralian low-emissions wood pellet producer secures 30-year lease for NZ facility
An Australian company has secured a 30-year lease agreement in New Zealand where it intends to build a NZ$300 mln ($180 mln) plant producing wood pellets that when burned emits 95% less carbon than coal.
Read More
