INTERVIEW: Climate-Aligned Finance Act needed “more than ever” as Canada falls behind on net zero transition, senator says
Canada cannot meet its climate targets while its financial system continues to bankroll emissions-intensive activities, a Canadian senator told Carbon Pulse, arguing that her bill would facilitate cohesion between the country’s climate commitments and its capital markets.
Read MoreINTERVIEW: Many ACCU project developers facing “valley of death”, advisory warns
Australian carbon project developers are struggling to stay afloat amid a shortage of new methodologies and a widespread perception that the market is oversupplied, which has made it difficult to attract fresh investment, according to an advisory firm.
Read MoreINTERVIEW: Proposed CCS law could unlock Quebec’s commercial carbon removal potential
Quebec ranks among the world’s locations for direct air capture (DAC) projects thanks to abundant clean electricity and favourable storage geology, according to a carbon removal (CDR) project developer preparing to capitalise on new provincial legislation.
Read MoreINTERVIEW: EU’s Article 6 trading strategy is an opportunity to advance carbon pricing in other countries
The EU has an opportunity to help other countries build their own carbon pricing programmes, and forge alliances, as part of its strategy for buying Article 6 carbon credits – once the bloc has a clearer idea of how it wants to participate in global markets, according to the head of international emissions trading lobby IETA.
Read MoreINTERVIEW: Ghana infrastructure fund tests nature finance model with mangrove pilot
The Ghana Infrastructure Investment Fund (GIIF) is seeking to structure a blended nature-based investment pilot aimed at restoring mangroves around a beach resort, with potential for supporting a future biodiversity credit market, Carbon Pulse has learned.
Read MoreINTERVIEW: Liberia’s shipping, aviation carbon levy is voluntary and not additive, top official stresses
Liberia last month provoked backlash when it announced it would create a compliance mechanism charging $25 per tonne of CO2 to maritime and aviation operators – but this mechanism has been misunderstood and will be revised to remove sensitivities, according to a top official.
Read MoreCLARIFICATION – INTERVIEW: Canadian DAC developer pivots to CO2 supply amid stuttering North American carbon markets
A Canadian direct air capture (DAC) developer is pivoting from carbon removal (CDR) and storage to supply, seeking a stake in the merchant CO2 market as Western investors cool on CDR.
Read MoreINTERVIEW: We will always have Paris, even with the overshoot, says veteran climate scientist
The impending overshoot of the Paris Agreement’s 1.5C target will raise the temperature and political pressure at COP talks in the future, and shift the debate from hot air to action, according to Bill Hare, founder and chief executive of Climate Analytics.
Read MoreINTERVIEW: Unprecedented New Zealand legal case aims to hold current and future govts accountable over emissions plans
The High Court in Wellington is set to hear a first-of-its-kind climate lawsuit for New Zealand next month, with one of the litigants saying there is a “reasonable prospect of success”.
Read MoreINTERVIEW: US project developer announces verification for IFM project
An American forest carbon project developer announced Tuesday that it had secured verification for its improved forest management (IFM) project with a major certification body.
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