Domestic carbon removal markets risk missing out on developing world’s potential -experts
The more government policies focus on developing their domestic carbon removals rather than a global market for credits, the less opportunity there will be to tap into the biggest potential in the world – often in developing countries that have less need to cut emissions, according to experts.
Read MoreBanks to sell Puro carbon removals to clients
Two banks have announced they will sell carbon removals issued under the Puro standard to their clients in a bid to ramp up liquidity in the nascent market.
Read MoreNorthern Lights CCS project creates deal for 330,000 CDR credits
Danish renewable energy company Orsted has secured a deal to sell 330,000 carbon dioxide removal (CDR) credits to Norwegian oil and gas major Equinor over a ten year period for an undisclosed sum, boosting Norway’s Northern Lights carbon capture and storage project for the North Sea.
Read MoreGas companies partner with methane standards setter to trial first deal on certified LNG
A methane certification organisation has partnered with a US gas producer and an international energy company to pilot an industry-first transaction for certified liquefied natural gas (LNG), they announced on Wednesday.
Read MoreNew UK FCA rules for oil, gas, and mining companies putting investors at risk, say experts
New UK Financial Conduct Authority (FCA) rules for oil, gas, and mining companies are inadequate on climate and are putting investors at risk, experts said during a webinar on Wednesday.
Read MoreVoluntary carbon organisations launch coalition to target CEOs
A group of around 20 voluntary carbon organisations have launched a communications push to promote the use of credits towards corporate net zero goals, specifically targetting the CEOs of potential buyers.
Read MoreLondon-based carbon accounting startup raises $7 mln
A carbon accounting startup with offices in London, Singapore, and Japan has raised $7 million in a seed funding round, according to an announcement on social media.
Read MoreCorporate emissions-measuring stagnating, target-setting backsliding, shows survey
The number of corporates measuring their emissions is stagnating globally, while those setting comprehensive emissions targets is backsliding, shows a survey published on Wednesday.
Read MoreEXCLUSIVE: Kenya teams up with global analytics firm to build REDD+ carbon registry
Kenya has partnered with an international energy analytics firm to establish a REDD+ carbon registry.
Read MoreEU climate policy hasn’t caused carbon leakage, but risks remain -Bundesbank
EU climate policy, particularly the Emissions Trading System (ETS), has not yet triggered significant relocations of energy-intensive production abroad by German firms, according to a new report by the country’s monetary authority.
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