‘Over-protection and over-regulation’: Think tank issues scathing criticism of EU Green Claims Directive

Published 11:12 on May 15, 2024  /  Last updated at 11:12 on May 15, 2024  / Frédéric Simon /  EMEA, Nature-based, Voluntary

With the Green Claims Directive, EU legislators seem to be mistakenly seeking to regulate the voluntary carbon market rather than laying down rules for companies to communicate their green credentials to consumers, according to a leading climate think tank.

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Voluntary carbon standard releases methodology to credit electrification in shipping

Published 09:42 on May 15, 2024  /  Last updated at 09:42 on May 15, 2024  / Roy Manuell /  Americas, Asia Pacific, EMEA, International, Shipping, Voluntary

A large voluntary carbon credit issuing body has released a methodology crediting the electrification of energy supply for ships when shore-side or offshore, active from Wednesday.

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Public procurement a missed opportunity for EU climate action, report says

Published 01:01 on May 15, 2024  /  Last updated at 15:56 on May 14, 2024  / Emanuela Barbiroglio /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU has missed an opportunity to reduce carbon emissions and bolster domestic industries in Europe by failing to pursue a plan for green public procurement, according to a new report released on Wednesday.

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Czech project developer to generate up to 50,000 voluntary carbon credits from Chilean land

Published 00:21 on May 15, 2024  /  Last updated at 00:21 on May 15, 2024  / Allison Gacad /  Americas, EMEA, Nature-based, South & Central, Voluntary

A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.

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Airlines face CORSIA carbon credit supply shortfall by 2030, analysts warn

Published 00:14 on May 15, 2024  /  Last updated at 00:14 on May 15, 2024  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Demand for carbon credits deemed eligible under the UN’s CORSIA aviation offsetting scheme will exceed supply by the end of the decade in the absence of new offset sources, analysts predict.

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BRIEFING: UK launches roadmap for high-integrity marine natural capital markets

Published 00:01 on May 15, 2024  /  Last updated at 19:06 on May 14, 2024  / Bryony Collins /  Biodiversity, EMEA, Nature-based, Voluntary

The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services.

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Cash flow squeeze clips major voluntary carbon project developer for second time

Published 22:59 on May 14, 2024  /  Last updated at 22:59 on May 14, 2024  / Paddy Gourlay /  Africa, Americas, Bavardage, EMEA, International, Nature-based, South & Central, Voluntary

A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.

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Enhanced risk management solutions with carbon credit insurance cover unveiled in new ClearBlue-Kita partnership

Published 19:13 on May 14, 2024  /  Last updated at 19:13 on May 14, 2024  /  Americas, Canada, EMEA, Nature-based, Voluntary

ClearBlue Markets and Kita have formed a partnership aimed at enhancing the voluntary carbon market (VCM) by offering improved data accuracy, risk mitigation, and transparency in credit transactions.

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UK energy company to build world’s first wood-powered cargo ship

Published 17:53 on May 14, 2024  /  Last updated at 17:53 on May 14, 2024  / Paddy Gourlay /  Asia Pacific, EMEA, International, Japan, Shipping, Voluntary

A British energy firm with ambitions to become a global player in bioenergy with carbon capture and storage (BECCS) has drawn up plans for the world’s first wood-powered cargo ship.

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CF TURKIYE: EU CBAM to drive Turkish decarbonisation, experts say

Published 17:32 on May 14, 2024  /  Last updated at 17:32 on May 14, 2024  / Emanuela Barbiroglio /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU’s Carbon Border Adjustment Mechanism (CBAM) should drive Turkiye’s industries towards decarbonisation, providing incentives for emission reductions, experts said last week during a panel on the policy’s impact on the MENA region.

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