UK charities join forces to scale nature-based solutions in Kenya
Two UK-based NGOs have partnered to scale nature-based solutions (NbS) in Kenya, aiming to advance conservation and restoration efforts across freshwater and mangrove habitats, they announced on Tuesday.
Read MoreINTERVIEW: Voluntary buyers must act now despite SBTi uncertainty on carbon credit use
Uncertainty over whether the Science-Based Targets initiative (SBTi) will approve carbon credit use as part of corporate net zero goals does not have to deter buyers from participating in the voluntary market — but they should adopt a creative approach to accounting while they wait for clarity, according to the CEO of a brokerage.
Read MoreBRIEFING: Experts warn of double, triple counting in California CDR
California’s accounting practices for emissions reductions and carbon removal claims have come under fire from experts, who point to loopholes opening the door to double and even triple counting.
Read MoreCzechia calls for CBAM changes to cut admin burdens
Czechia is pushing for a “detailed evaluation” of the EU’s Carbon Border Adjustment Mechanism (CBAM) as part of a review of the legislation due to take place before the end of 2025.
Read MoreUPDATE – UKAs surge on media reports of British govt push for ETS linkage with EU
UK carbon prices rallied above £40 per tonne on Tuesday morning after the Financial Times published an article describing a push from Keir Starmer’s government to relink the British emissions trading market market with that of the EU ahead of an upcoming key Brussels summit.
Read MoreEuropean capacity markets have funnelled over €50 bln to fossil fuels since 2015 -report
Capacity markets across Europe have allocated nearly €53 billion in public subsidies to fossil power plants since 2015, funded through a levy on energy bills aimed at ensuring the lights are kept on at all times, a new report published on Tuesday has revealed.
Read MoreCOMMENT: The Project Developer Forum’s voluntary carbon market aspirations for 2025
The voluntary carbon market (VCM) faced challenges in 2024 with low prices and limited activity, but key developments – such as advancements in standards, Article 6.4 of the Paris Agreement, and COP29 breakthroughs – set the stage for growth. The Project Developer Forum outlines its seven aspirations for 2025, focussing on improving credit integrity, policy alignment, corporate engagement, and market innovation to revitalise carbon offsetting and advance climate action.
Read MoreEgypt lays out afforestation plans in support of national initiative -media
Egypt’s ministry of environment on Sunday launched a guide in support of national afforestation goals that also include a mitigation component, local media reported.
Read MoreVCM Report: Market ticks along amid cookstoves, US political uncertainty
Indecision and uncertainty continued to plague the voluntary carbon market after news broke that the Integrity Council for the Voluntary Carbon Market (ICVCM) may not decide on which cookstoves methodologies will qualify for the Core Carbon Principles (CCP) quality label until the end of March, while participants continued to digest the possible impact of US President Donald Trump’s withdrawal from the Paris Agreement.
Read MoreINTERVIEW: Offsets should only be allowed for unavoidable emissions, says EU Parliament speaker on Green Claims Directive
The lead European Parliament negotiator on the EU’s Green Claims Directive told Carbon Pulse she will push for climate neutrality claims based on carbon offsets to be allowed only for leading companies that need to tackle their “residual emissions” during final talks on the directive due to kick off this week.
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