Germany launches consultation on strategy for negative emissions -media

Published 16:17 on October 21, 2024  /  Last updated at 16:17 on October 21, 2024  / /  EMEA

The German government has opened its first online consultation to assess CO2 removal and storage methods as part of the country’s planned long-term negative emissions strategy, according to media sources.

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Verra to restructure organisation, cut workforce by 25% amid challenging conditions

Published 16:03 on October 21, 2024  /  Last updated at 16:04 on October 21, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, US, Voluntary

Verra will restructure its organisation and cut its workforce by around a quarter, it announced Monday, as the voluntary carbon standard and registry deals with slowing market demand and mounting financial losses.

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UK CCUS ambitions potentially ‘misleading’, ‘waste of money’ -report

Published 15:36 on October 21, 2024  /  Last updated at 15:41 on October 21, 2024  / /  EMEA, UK ETS

The UK government’s recent £21.7 billion funding announcement for carbon capture, utilisation, and storage (CCUS) projects “is low on details and high on rhetoric”, and will likely result in “the waste of public money”, according to new analysis.

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DAC carbon removal tech efficiency hinges on local climate, researchers find

Published 13:08 on October 21, 2024  /  Last updated at 13:08 on October 21, 2024  /  Americas, Asia Pacific, Canada, EMEA, Voluntary

The cost and performance of an innovative type of direct air capture technology are heavily influenced by local environmental conditions, a new study has found.

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Russian carbon registry conducts first int’l sale

Published 09:24 on October 21, 2024  /  Last updated at 09:24 on October 21, 2024  / /  EMEA, Nature-based, Voluntary

The Russian Carbon Units Registry has conducted its first international sale of carbon credits from a forest project in Krasnoyarsk to an investment fund in the United Arab Emirates, local media reported last week.

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EU heavy industries should gamble on flexibility -report

Published 00:01 on October 21, 2024  /  Last updated at 17:16 on October 18, 2024  / /  EMEA, EU ETS

European heavy industries like aluminum and steel should embrace the flexibility that comes with electrification, rather than persist in operating continuously and prolonging dependence on fossil fuels, a report warned.

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The seven sins of heat pump policies in Europe, identified

Published 23:01 on October 20, 2024  /  Last updated at 14:06 on October 18, 2024  / /  EMEA, EU ETS

The transition to sustainable heating solutions is stalling across European countries due to collapsing heat pump sales, which are putting 170,000 jobs at risk, researchers have warned.

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Up to $41 bln in World Bank climate finance is unaccounted for, Oxfam reveals

Published 00:45 on October 19, 2024  /  Last updated at 00:45 on October 19, 2024  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Middle East, Other APAC, South & Central

Up to $41 billion in World Bank climate finance, almost 40% of the total funds the institution has disbursed over the past seven years, is unaccounted for, according to a new report by Oxfam published on Thursday.

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More accurate emissions accounting key to ensuring integrity of mangrove-based blue carbon credits -researchers

Published 00:00 on October 19, 2024  /  Last updated at 00:01 on October 19, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Improvements need to be made in the precise quantification of different organic carbon (OC) sources in mangrove sediments to ensure proper allocation of blue carbon credits, a new study argues.

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Study links climate change to sharp rise in global forest fire emissions

Published 23:19 on October 18, 2024  /  Last updated at 23:23 on October 18, 2024  /  Americas, Asia Pacific, Canada, EMEA, Nature-based, Voluntary

Carbon emissions from forest fires have risen by 60% over the past two decades, driven largely by climate change and the heightened sensitivity of temperate and boreal forest fire regimes, according to a new study.

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