VCM Report: CORSIA carbon credit prices slip to new lows
CORSIA carbon contracts continued to fall last week amid the ongoing war in Iran, sending jet fuel prices to all-time highs, and leaving the airline industry contemplating cutting flights amid supply shortages.
Read MoreEnhanced rock weathering developer pilots satellite crop monitoring in Ontario trials
A London-headquartered enhanced rock weathering (ERW) company is piloting satellite data to monitor crop performance in Ontario, Canada, it announced last week.
Read MoreSwitzerland warns against widespread farm use of biochar despite carbon removal potential
Switzerland’s environment and agriculture authorities have advised caution over the large-scale use of biochar in farming, citing uncertain long-term impacts on soils and limited climate mitigation potential, according to an updated government factsheet.
Read MoreIndia can supply up to 30% of global carbon removals by 2050, but needs policy push, analysis finds
India could emerge as a major global supplier of durable carbon removals (CDR), but it must first address policy gaps, weak demand, and high costs to scale the sector, a policy brief published this week said.
Read MoreBRIEFING: Stacking carbon, biodiversity good for MRV but not for markets, EU summit hears
Stacking carbon, biodiversity, and water at the MRV level would improve efficiency for participants in the EU’s public certification scheme for carbon removal activities, however markets for each credit type should be kept separate, a summit heard on Thursday.
Read MoreIntegrity of most BiCRS protocols fall short -study
A new study found just 28% of biomass carbon removal and storage (BiCRS) protocols assessed had a satisfactory integrity grade, as authors warned the emerging sector must learn from the challenges that have affected forestry credits.
Read MoreCanadian biochar developer brings German tech to Western Canada
A Canadian biochar project developer has locked in a new partnership to deliver pyrolysis technology in Western Canada.
Read MoreClarity over claims, not price, seen as key to unlocking CDR demand -webinar
Uncertainty over how companies can use and communicate carbon credits is a bigger barrier to demand than price levels, speakers said during a webinar on Tuesday.
Read MoreEuropean Commission hopes carbon removals ‘Buyers’ Club’ prototype will emerge at Italian summit
A senior European Commission climate official has said they would like to see a carbon removal (CDR) ‘Buyers’ Club’ prototype emerge from a European Carbon Farming Summit taking place in Italy this week.
Read MoreFEATURE: Bolivia opens creaking door as it cautiously enters carbon markets
Amid sweeping economic, political, and ideological shifts following a historic leadership change, carbon markets have emerged as a central topic of debate in Bolivia as it grapples with a deep crisis and lacks institutional capacity for climate finance.
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