INTERVIEW: How to make carbon pricing multilateral, step by step
Multilateral carbon pricing schemes can be more effective in tackling carbon leakage and ensuring fair trade than unilateral measures — but they need to be phased in slowly, starting with common standards for pricing and reporting, according to an expert at the World Economic Forum (WEF).
Read MoreConfidence in UK’s net zero goal tumbles amid policy and investment roadblocks -report
Confidence in the energy sector’s ability to reach net-zero targets has plummeted, with just 16% of senior executives believing 2050 goals are achievable, down from 45% last year, according to a report by a UK-based trade group.
Read MoreBRIEFING: Canadian investors step up support for climate resolutions amid global withdrawals
An assessment of select Canadian investors found an increase in support for climate-related shareholder proposals through 2024, amid global departures from such activist resolutions and decarbonisation-focused alliances.
Read MoreParaguay unveils regulation of carbon market law
Paraguayan ministries unveiled Tuesday a decree regulating a national carbon market law they expect to spur investment in the country.
Read MoreMore investment funds to launch carbon credit portfolios in 2025, predicts trade body
There stands to be more investment funds moving in to track carbon credit portfolios this year, according to the head of a carbon industry body.
Read MoreInvestor backing for climate resolutions hits new low as top asset managers reject proposals -report
Major asset managers opposed most climate resolutions in 2024, with only two out of 73 passing in their worst voting performance yet, a report released on Tuesday said.
Read MoreINTERVIEW: Nigeria project expects to generate up to 6 Mt worth of Paris-aligned carbon credits per year
A new entity is being launched to spearhead a project in Nigeria aiming to generate 5-6 million tonnes of carbon removal and avoidance credits related to mangroves and seagrass restoration, with government assurance given that credits can be aligned with Article 6 of the Paris Agreement and traded internationally.
Read MoreAvailable CORSIA credit supply pool around 200 mln, says ratings agency
Some 200 million credits currently available in the voluntary carbon market (VCM) are likely to be eligible for CORSIA Phase 1 (2024-26), according to analysis published on Tuesday by a ratings agency.
Read MoreVoluntary carbon integrity initiative seeks views on host country support scheme
A voluntary carbon integrity initiative has opened a call for proposals to help it evaluate its support programme for host countries that are looking to scale international market engagement.
Read MoreStandards-setter approves dMRV pilots in effort to boost verification
A carbon standards-setter has approved three new digital monitoring, reporting, and verification (dMRV) pilot projects aimed at enhancing transparency, efficiency, and access to climate finance in its projects, it announced on Tuesday.
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