ANALYSIS: UN Article 6 body underscores ‘bottom-up’ approach in core standards, key carbon removal elements still need clarity
Flexible, non-prescriptive approaches are staple features of the carbon crediting methodologies and removals standards, adopted by a UN body last Thursday, in a bold move that experts see as a major step forward towards carbon crediting under the Paris Agreement’s Sustainable Development Mechanism (SDM).
Read MoreAchieving Paris goals feasible, can be compatible with economic growth -report
Achieving the targets of the Paris Agreement is feasible and can be done in a way that is consistent with economic growth and improves the overall quality of life, a report released Thursday has found.
Read MoreDATA DIVE: More and more airlines appear to be retiring carbon credits
An increasing number of the world’s largest airlines are retiring voluntary carbon credits, according to data from the Verra, Gold Standard, ACR, and Climate Action Reserve (CAR) registries.
Read MoreWater crisis puts over half of global food production at risk, report says
The water crisis could jeopardise more than half of food production by 2050, with global GDPs also threatened in both high- and low-income countries, a new report has said.
Read MoreEurope-wide frequent flyer tax could raise €64 bln, reduce aviation emissions by one-fifth, finds report
A frequent flying levy across Europe would increase aviation tax revenues to €64 billion and reduce sectoral emissions by over one-fifth, according to a report published Thursday.
Read MoreGroups urge UK govt to ensure strong shipping emissions coverage in ETS
A cohort of economists, think tanks, and non-profits have called for all domestic emissions and half of international emissions to be included in the UK ETS as the government continues to mull reforms to the country’s compliance carbon market.
Read MoreRiver restoration could boost carbon storage, but offsets shouldn’t flow for now -researchers
River restoration can increase storage of CO2 but it is not yet a viable option for generation carbon credits due to significant uncertainties around measuring and maintaining carbon levels in dynamic river ecosystems, a new study has warned.
Read MoreMore than half of EU’s big emitting installations no longer participate in ETS, study finds
Around 35% of installations have exited the EU ETS since its inception, while a further 16% have stopped operating, according to a new analysis.
Read MoreWood density an overlooked factor in calculating forest carbon stocks -study
Temperature and soil moisture play a critical role in shaping the wood density of trees, which in turn acts as key factor in determining forest carbon stocks, a new study has found.
Read MorePromising new carbon capture solvent to undergo testing at world’s largest facility
An advanced carbon capture solvent that absorbs up to 95% of CO2 emissions from industrial processes is set to undergo engineering-scale testing in Norway this October.
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