Large sustainable aquaculture firm secures €2.5 mln from Dutch fund

Published 16:40 on September 20, 2024  /  Last updated at 16:40 on September 20, 2024  / /  Biodiversity, EMEA

An offshore aquaculture company based in the Faroe Islands has received €2.5 million from a fund managed by the investment arm of a Dutch bank.

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INTERVIEW: Carbon removal offtakes need de-risking to grow the market

Published 16:31 on September 20, 2024  /  Last updated at 16:31 on September 20, 2024  / /  EMEA, International, Voluntary

The carbon removals (CDR) market needs offtake agreements with built-in de-risking measures to scale and offer attractive credit prices, a dealmaker told Carbon Pulse.

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Verra urged to overhaul investigation process after REDD project loses $30 mln during probe

Published 15:55 on September 20, 2024  /  Last updated at 09:31 on September 26, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.

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Volvo vows to take action on nature, biodiversity

Published 15:04 on September 20, 2024  /  Last updated at 15:04 on September 20, 2024  /  Biodiversity, EMEA

Swedish carmaker Volvo has published a position paper on nature and biodiversity, pledging to take action to reduce its impacts and to invest in conservation and restoration to counterbalance residual negative effects of its activities.

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‘Breakthrough’ as taxation comes under watch of EU climate chief, CBAM still unclear

Published 14:38 on September 20, 2024  /  Last updated at 14:38 on September 20, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

With the European Commission’s new lineup it will be the EU’s climate action commissioner who will handle taxation policy, a move hailed as a “breakthrough” by a top official, although it is still unclear who will be in charge of the EU’s Carbon Border Adjustment Mechanism (CBAM).

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European carbon trader joins Gunvor from Freepoint

Published 14:03 on September 20, 2024  /  Last updated at 14:03 on September 20, 2024  /  Bavardage, EMEA, EU ETS

A European carbon trader previously with Freepoint Commodities has started with Switzerland-headquartered trading firm Gunvor Group, Carbon Pulse has learned.

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Euro Markets: EUAs tick up on gas recovery, ease 2% over the week

Published 12:59 on September 20, 2024  /  Last updated at 18:48 on September 20, 2024  / /  EMEA, EU ETS, UK ETS

The European carbon market moved with relative stability on Friday, tracking a rebound in energy markets after a volatile previous session linked to reports of a Ukraine-Azerbaijan gas transit deal, while analysts point to tests ahead at a key technical support level.

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ANALYSIS: Voluntary carbon market overlooking CORSIA insurance bottleneck

Published 11:59 on September 20, 2024  /  Last updated at 11:59 on September 20, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Large volumes of eligible voluntary carbon credits for the UN’s CORSIA international aviation offsetting scheme will take years to materialise due to supply requirements that force project developers to guarantee against double claiming risk, even if ICAO approves major standards for the current phase at a meeting in November.

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BRIEFING: Business groups nervous as final talks near on EU’s Green Claims Directive

Published 11:56 on September 20, 2024  /  Last updated at 11:56 on September 20, 2024  / /  EMEA, Voluntary

As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.

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Japanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania

Published 11:09 on September 20, 2024  /  Last updated at 11:09 on September 20, 2024  / /  Africa, Asia Pacific, Biodiversity, EMEA, Japan

A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.

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