INTERVIEW: Swiss nature finance initiative eyes startup network, biodiversity pilot as first projects
A Swiss initiative being spun out into an independent foundation to help build a domestic nature market is developing a biodiversity finance pilot, nature tech networking initiatives, and a training programme as part of its first wave of activities, representatives told Carbon Pulse.
Read MoreBRIEFING: All eyes on von der Leyen’s electrification drive, as experts flag dangers of easing ETS cap
Electrification must become the backbone of Europe’s energy security strategy, rather than a search for new gas suppliers – and weakening the EU Emissions Trading System (ETS) would only make the bloc’s climate and industrial balancing act harder, experts warned on Thursday.
Read MoreBRIEFING: Nature credit projects face credibility test amid monitoring, additionality concerns
Many voluntary nature credit projects fail to meet the minimum due diligence standards, with the biggest issues regarding baselining, permanence, and additionality, experts told a webinar on Wednesday.
Read MoreINTERVIEW: India carbon market needs legal clarity on credit use before launch, lawyers say
India’s budding carbon market needs additional legal clarity before trading begins later this year, according to a legal expert who said current regulations have created ambiguity on whether compliance entities can use credits generated in the voluntary market.
Read MoreINTERVIEW: Italian water resilience project for fashion sector expects €10 mln by 2029, eyes biodiversity credits
An Italian nature-based solutions (NbS) project aimed at improving water resilience for the fashion sector, while also seeking to generate biodiversity credits, expects to raise at least €10 million by 2029, Carbon Pulse has learned.
Read MoreFEATURE: Data centres are steering the course on the next wave of energy supply
As creditworthy offtakers with significant energy requirements, data centres can be a key driver of the clean energy transition, especially as tech companies seek to curb their environmental impact, say experts.
Read MoreINTERVIEW: Airlines prioritising fuel costs over carbon buying as CORSIA prices slide, says ICAO TAB member
Airlines are focusing more on soaring jet fuel costs and operational pressures than carbon credit purchases as prices for CORSIA-eligible offsets continue to weaken ahead of the scheme’s upcoming mandatory phase in 2027, according to a member of ICAO’s Technical Advisory Body (TAB).
Read MoreBRIEFING: Staged-consent process in ACCU Scheme reforms needs strengthening, Indigenous network says, as others warn of “complex impacts”
An Indigenous carbon group has said the staged consent process outlined by the Australian government’s carbon market reforms needs to be tightened up, while project developers warned expanding consent rights to Native Title claimants could impact the viability of some carbon projects.
Read MoreINTERVIEW: Chile estimates implementation phase of two sectorial ETSs by 2030, test Article 6 allocation model
Chile has redefined its landmark baseline-and-credit schemes as emissions trading systems (ETSs) and is now evaluating articulation with the energy sector pilot, an official told Carbon Pulse, while seeing potential in Article 6 to channel investment into hard-to-abate sectors and leverage GHG reductions towards national targets.
Read MoreBRIEFING: Canadian CDR signal strong despite climate policy rollback
Canada’s pullback on climate policies in pursuit of energy and economic security doesn’t have to be at odds with its signal to ramp up its carbon removal (CDR) sector, industry players said at a recent event.Â
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