Austrian developer strikes second deal to market CORSIA-eligible carbon credits
A carbon asset manager with ambitions to become a major supplier of CORSIA-eligible credits has struck its second marketing deal, the company announced on Tuesday.
Read MoreGlobal carbon removal “governance gap” threatens climate goals, report warns
A new discussion paper has urged governments to rapidly establish a global governance framework for carbon removal (CDR), warning that the world is dangerously unprepared to manage the scale needed to meet climate targets.
Read MoreArticle 6 authority adopts new clean cooking fNRB tool, requests additional country-level values
The Article 6.4 Supervisory Body (SBM) has formally adopted a new tool for calculating the fraction of non-renewable biomass (fNRB), a key parameter underpinning baseline-setting in cookstove and biomass carbon activities, though has requested more granular country-level values be included following further work.
Read MoreMarine carbon removal projects may gain from persistent sargassum blooms -report
Marine carbon removal (mCDR) projects looking to use sargassum could benefit from more predictable and persistent blooms in the Atlantic, as floating seaweed mats have increasingly begun to sustain their own growth, according to a recent study.
Read MoreMethane emissions from global rice paddies surge as soil carbon sink weakens -study
Global greenhouse gas emissions from rice paddies have nearly doubled over the past six decades, driven primarily by expansion in cultivated area and intensified crop residue incorporation, with methane remaining by far the dominant source of warming, according to a new study.
Read MoreOcean CDR initiative funds studies into alkalinity enhancement impacts on fisheries, marine species
An ocean carbon removal research initiative has awarded funding to two scientific projects examining how ocean alkalinity enhancement (OAE) could affect commercially and culturally important marine species, amid growing scrutiny over the ecological risks of marine CO2 removal techniques.
Read MoreBRIEFING: World Bank urges countries to embed carbon pricing, Article 6 plans into climate strategies
Countries need to stop looking at carbon pricing in silos when it comes to long-term climate planning and instead embed it into national strategies from the outset, the World Bank said in two complementary reports.
Read MoreZimbabwe carbon credits, removed from Gold Standard, will still be sold as ‘CORSIA-eligible’, claims owner
The marketing partner of a cookstove project in Zimbabwe that has suddenly found its credits taken off the Gold Standard (GS) registry will continue to pin hopes on the countryâs national carbon registry being approved for CORSIA, its chief executive told Carbon Pulse this week.
Read MoreCarbon markets face âmission creepâ as COP32 implementation clock ticks
Carbon markets risk failing to reach their true potential because governments and industry groups have overloaded them with ideological and regulatory demands, said experts on Friday, warning that âmission creepâ was undermining efforts to mobilise climate finance.
Read MoreBASIC countries’ snub of CORSIA could slash effectiveness by a quarter, study warns
A growing standoff between major emerging economies and the UN aviation offsetting mechanism CORSIA could slash the schemeâs effectiveness by almost a quarter during its upcoming âmandatoryâ phase, according to a new academic paper that warns equity concerns are threatening the future of the market.
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