FEATURE: EU quietly shifts from pricing agriculture emissions to voluntary carbon farming
The European Commission is pivoting towards voluntary carbon farming and nature credits in its post-2030 climate agenda, while a long-discussed agriculture emissions trading system (ETS), informally dubbed ETS3 or AgETS, has effectively been shelved.
Read MoreUK-based registry first to apply for recognition under EU’s CRCF scheme
A UK carbon removal registry has applied to become an authorised certification body under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, becoming the first to publicly seek recognition under the EU scheme, it announced on Thursday.
Read MoreGulf countries could adopt dual buyer, seller role to optimise Article 6 strategy -report
Trade- and service-oriented members of the Gulf Cooperation Council (GCC) may benefit in the near term from a mixed buyer and seller strategy under Article 6 to achieve lowest-cost mitigation, according to a new report from a Riyadh-based think tank.
Read MoreEuropean carbon removal developers call for national CDR strategies
Carbon removal (CDR) developers across Europe urged countries to create national strategies for the sector, including clear plans for transporting captured CO2 to storage sites, during workshop in Brussels held this week.
Read MoreSBTi shifts focus to implementation in new strategy to help corporates to net zero
The Science Based Targets initiative (SBTi) has unveiled a new 2026-30 strategy that will see it pivot from a generalised approach to more tailored support across sectors and geographies for corporates aiming to reach net zero, with a direct reference in the plan to the possible use of ‘high-integrity’ carbon credits as a “complement” for emission reductions.
Read MoreEuropean airline signs carbon removal offtake deal with marketplace
A large European airline has signed a multi-year offtake agreement with a Berlin-based broker, doubling the share of permanent carbon removals in its credit portfolio.
Read MoreEU carbon removals buyers’ club officially launched in Brussels
The European Commission and private sector players formally launched the EU’s carbon removals buyers’ club in Brussels this week, though the organisation’s governance and legal structure remain to be clarified.
Read MoreCompanies delaying carbon removal purchases amid policy uncertainty -survey
Demand for carbon removal (CDR) may be stalling, despite rising corporate net zero commitments and growing recognition that they will be needed later this century for wider global climate goals, a new policy brief based on interviews with corporate sustainability leaders has found.
Read MoreINTERVIEW: Carbon removals marketplace seeks to close the gap between a ‘great idea’ and ‘bankable project’
A carbon removals marketplace is aiming to help developers advance projects with “promising fundamentals through to signed deals” with large-scale corporates, which it says is urgently needed to scale the market in order to meet looming climate targets.
Read MoreSwiss carbon removal company appoints new CFO to support scale-up
A Swiss carbon removal (CDR) company announced Wednesday it had appointed a new CFO to lead its financial strategy as it expands its direct air capture (DAC) and CDR businesses.
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