Cookstove and REDD+ voluntary carbon methodology decisions expected early November, says ICVCM

Published 18:33 on September 17, 2024  /  Last updated at 18:33 on September 17, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Decisions over the cookstove and REDD+ methodologies that will be eligible for the high-integrity Core Carbon Principles (CCPs) label will be made at the start of November, the Integrity Council for the Voluntary Carbon Market (ICVCM) confirmed on Tuesday.

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Five takeaways for climate policy in the new European Commission

Published 18:16 on September 17, 2024  /  Last updated at 09:49 on September 18, 2024  / and /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

Commission President Ursula von der Leyen’s choice of portfolios for the EU’s new executive team in Brussels makes one thing abundantly clear: climate policy will be everybody’s business in the next five years.

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Insurance firm launches new voluntary carbon product with bank

Published 17:15 on September 17, 2024  /  Last updated at 17:15 on September 17, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

A London-headquartered insurance firm has launched a new product, first rolled out with a bank, that will cover commercial loans to voluntary carbon projects, it announced Tuesday.

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Euro Markets: EUAs end 3-day losing streak after early 5-month low amid strong natural gas rally

Published 17:15 on September 17, 2024  /  Last updated at 17:26 on September 17, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices set a new five-month low before bouncing sharply on Tuesday and unwinding the last two days of losses, tracking an equally strong gas market as compliance buying interest appeared to provide a floor for prices.

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Non-profit urges COP16 to put world on track to meeting biodiversity targets

Published 16:04 on September 17, 2024  /  Last updated at 01:23 on September 18, 2024  / /  Africa, Biodiversity, EMEA, International

The priority of UN biodiversity conference COP16 should be delivering on the international pledges from Montreal while tracking progress, a World Resources Institute (WRI) executive said on Tuesday.

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Grid limitations stall global renewables growth -report

Published 16:01 on September 17, 2024  /  Last updated at 16:01 on September 17, 2024  / /  EMEA, International

Renewable energy can fully meet global energy demands, but urgent upgrades to grid infrastructure and integrated planning will be essential, according to a report on Tuesday.

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DAC developer, non-profit partner to unlock philanthropic funding for burgeoning carbon removals industry

Published 15:00 on September 17, 2024  /  Last updated at 15:00 on September 17, 2024  /  Americas, Canada, EMEA, Nature-based, US, Voluntary

A major direct air capture (DAC) technology developer has partnered with a non-profit dedicated to supporting the carbon removals industry to harness philanthropic capital, creating a new avenue for individuals and organisations to contribute to removal efforts while receiving tax benefits.

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Polish state aid plan approved under EU rules for supporting net zero sectors

Published 14:47 on September 17, 2024  /  Last updated at 14:47 on September 17, 2024  / /  EMEA

The European Commission has approved a €1.2 billion Polish state aid scheme, under the bloc’s recently relaxed subsidy rules, to support investments in sectors producing the equipment needed to transition to net zero emissions, it announced on Tuesday.

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FEATURE: CBAM costs threaten to further decimate Ukrainian exports

Published 14:06 on September 17, 2024  /  Last updated at 14:06 on September 17, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Ukraine’s war-torn economy stands to bear some of the greatest strain from the full arrival of the EU’s Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv’s exports to the bloc – and billions in revenue.

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Two veteran carbon traders leave international commodities house

Published 13:56 on September 17, 2024  /  Last updated at 13:56 on September 17, 2024  / /  Bavardage, EMEA, EU ETS, Voluntary

Two veteran carbon traders have departed from a Europe-based commodities trading house this summer, Carbon Pulse has learned.

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