OPEC 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.
Read MoreSB64: Geopolitical tensions fuel stalemate in Bonn, raising expectations for COP31
Climate negotiators ended two weeks of talks in Bonn with mixed results, as geopolitical conflicts over climate finance and fossil fuels limited technical and diplomatic movement in most areas, largely leaving the international climate community eyeing November’s COP31 summit for greater progress.
Read MoreIndependent monitoring could serve jurisdictional, investor needs in J-REDD+, speakers say
Independent due diligence on jurisdictional claims will be increasingly necessary for generating buyer-facing confidence in jurisdictional REDD+ (J-REDD+) programmes, speakers said during an online event on Thursday.
Read MoreCountries need regulatory frameworks to fill integrity gaps for carbon credit markets -report
Regulatory oversight should be viewed as an enabling condition to scale up carbon credit markets, according to new research.
Read MoreVerra reinstates Northern Kenya grassland carbon project following community approval process
Carbon standard Verra has reinstated the Northern Kenya Grassland Carbon Project after a community formally reaffirmed its participation through a process conducted in line with Kenyan law.
Read MoreSmall batch of European soil carbon credits trade at over €50 per unit, 5 mln more in pipeline
A small batch of an anticipated 5 million European soil carbon credits from one developer have traded at an average of just over €50 a credit.
Read MoreBiogas carbon project secures approval from Kenya, eyes Article 6, CORSIA trade
A Kenyan biogas project has announced it has secured formal approval from the country’s government, eyeing Article 6 trade, just days after a government minister said the number of credits allowed for international sale would be limited to around 10 million until 2030.
Read MoreFEATURE: Carbon buyers are eyeing new superpollutant credits for a quicker fix
As promises to tackle emissions in the short term butt heads with the realities of rising energy demand and pricey, early-stage carbon removal technologies, companies are increasingly looking for faster, easier wins – and driving a new market for superpollutant credits.
Read MoreFormula 1 cuts carbon footprint 35%, says on track for net zero emissions
Formula 1, the top tier of international motorsport, has reduced its carbon footprint by 35% from its 2018 baseline and remains on track to becoming a net zero sport by 2030, according to its latest sustainability report.
Read MoreQatar-based standard body to launch carbon finance facility in 2026, pushes Global South positioning
A Qatar-based standard body said it will likely revive an independent carbon finance facility in 2026, pitching itself as the only Global South standard with a governance and digital‑heavy approach to carbon markets.
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