Next EU ETS revision to address carbon capture and removals, official says
There will be a role for carbon removals in the late 2030s to address the residual emissions of agriculture and hard-to-abate industries in the European carbon market, an issue that will be addressed in the next revision of the ETS directive, an EU official confirmed on Tuesday.
Read MoreHungary aims to address farmers’ CAP worries during its EU presidency
Hungary is expected to address European farmers’ concerns around the Common Agricultural Policy (CAP) – including on extreme weather associated with climate change and the Green Deal’s objectives – by the end of its rotating presidency of the EU Council, according to a minister.
Read MoreFew companies buying voluntary carbon credits as a ‘licence to pollute’, finds report
Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.
Read MoreGlobal disclosure system, climate data platform expand partnership to provide information from 10,000 companies
An open repository for private sector climate data and an independent environmental disclosure platform will expand their partnership to publicly share a core set of climate data from over 10,000 companies, the two organisations announced Tuesday.
Read MoreINTERVIEW: Elephant rewilder plans biodiversity credits from 84,000 hectares
A Zimbabwean elephant rewilding company is planning to more than double the area from which it will generate biodiversity credits up to 84,000 hectares, Carbon Pulse has learned.
Read MoreCWNYC24: Emissions registry announces three methodologies for projects reducing non-CO2 gases
A recently launched registry focused on reducing non-CO2 planet-warming gases on Tuesday announced the release of three methodologies at Climate Week NYC.
Read MoreGuidance seeks to help private equity integrate carbon value into investment decisions
A UK-based consultancy and a CEO-level private equity working group have released joint guidelines for integrating carbon valuation into investment decisions.
Read MoreUNDP urges South Africa to rethink biodiversity funding options
South Africa’s biodiversity stewardship model has been successful but relies heavily on public and NGO funding, creating a finance gap that must be closed through other sources, according to the UNDP’s Biodiversity Finance Initiative (BIOFIN).
Read MoreCWNYC24: Drax launches ‘Elimini’ to spearhead global ambitions in carbon removal
UK power company Drax has launched a new US-based subsidiary at New York Climate Week that will spearhead its plans to become a global leader in bioenergy with carbon capture and storage (BECCS).
Read MoreINTERVIEW: EU’s default emissions factors should be “avoided at all cost” by private sector
EU default values that convert business spend into Scope 3 emissions are outdated, inaccurate, and “need to be avoided at all costs” for firms doing mandatory reporting, according to the head scientist at a proprietary emissions factor database.
Read More
