Mozambique mangrove project secures Verra validation under blue carbon methodology
A Mozambique mangrove restoration project covering 155,000 hectares across 750 km of coastline has been validated under Verra’s VM0033 blue carbon methodology, becoming the largest such project in Africa to meet the standard, its developer said Monday.
Read MoreCOMMENT: If a Month of Football Is Worth a Tax Break, the Climate Is Worth More
If governments are willing to suspend tax rules to host a football tournament, they should consider doing the same for verified carbon and recycling credits to unlock the private capital needed for climate action.
Read MoreInvestment in low-emission hydrogen at risk, warns IEA
Huge volumes of low-emission hydrogen projects are under threat of being mothballed without policy backing, warns the International Energy Agency (IEA).
Read MoreAnticipation litigation: Climate lawsuits seen to increasingly rely on consensus rather than causation
A growing body of climate litigation targeting major emitters may increasingly rely on broad scientific and political consensus rather than direct attribution of climate damages, according to a new academic study that identifies an emerging category of “anticipatory climate litigation”.
Read MoreBRIEFING: Draft EU CBAM rules “onerous” in practice for foreign carbon credits, experts say
Importers face steep challenges to take advantage of proposed EU rules allowing the application of carbon credits against Carbon Border Adjustment Mechanism (CBAM) fees, due to the “onerous” conditions imposed by Brussels on their use, experts told Carbon Pulse.
Read MoreMysterious US ocean carbon capture startup set for development in Saudi Arabia
An ocean carbon removal startup that has yet to reveal its pioneering technology has struck a partnership with a state-backed Saudi development company to further bolster the country’s carbon credit exchange.
Read MoreRock weathering could offset growing permafrost-driven river CO2 emissions -research
Chemical weathering triggered by permafrost thaw could offset a substantial share of CO2 emissions from rivers draining frozen landscapes, and in some regions may eventually outweigh them altogether, according to new research.
Read MoreRFUK unveils decade-long plan to shift rainforest protection towards Indigenous-led governance
Rainforest Foundation UK (RFUK) has unveiled a new strategic vision through 2033 centred on expanding Indigenous and community control over tropical forests, arguing that rights-based conservation and local stewardship offer the most effective response to accelerating deforestation and biodiversity loss.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreOPEC sees no peak in oil demand amid energy security concerns
OPEC sees “no peak oil demand” coming soon as governments around the world rethink climate and energy policies given recent concerns, according to its latest long-term outlook which claims crude will retain the largest share of the global energy mix through to 2050.
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