Verra activates CDM methodology for renewable energy generation
Verra is activating a CDM methodology for renewable energy generation to be used in its Verified Carbon Standard (VCS) programme.
Read MoreAge of AI to cause surge in new oil exploration, says Shell
The age of artificial intelligence (AI) could prove a boon to fossil fuel companies, propping up high global oil demand into the 2060s, Shell said in its latest annual energy outlook, though global emissions would peak in the late 2020s.
Read MoreAmazon, Microsoft team up with Exxon for new voluntary carbon task force
Representatives from several large corporates, including Amazon, ExxonMobil, and Microsoft, have teamed up with voluntary carbon experts as part of a new task force aimed at driving integrity in the market.
Read MoreICAO establishes platform to fund initiatives that decarbonise aviation
The International Civil Aviation Organisation (ICAO) has established a global financial platform to directly connect sustainable aviation projects with investors worldwide.
Read MoreUS DOE affirms $1.7 bln loan to SAF refinery pledged by Biden administration
The US DOE approved the disbursement of a $1.67 billion loan guarantee that had been finalised in the last days of the Biden administration, it said on Tuesday, enabling the expansion of a Montana sustainable aviation fuel (SAF) refinery.
Read MoreHonduras’ claim to REDD+ reductions “in overall accordance” with UN guidelines, says review
Honduras has received feedback from a UN technical team on its reporting under the UNFCCC REDD+ payment for ecosystem services mechanism, in which it claimed nearly 12 million tonnes CO2 in reductions – thereby entering the final verification stages for REDD+ results that could become Article 6 credits.
Read MoreFrench development agency signs agreement with GGGI to boost global Article 6 readiness
The Agence Francaise de Developpement (AFD) has signed an agreement with the Global Green Growth Institute (GGGI) to help build Article 6 capacity around the world, they announced Wednesday.
Read MoreVCM undergoing deep transformation that goes beyond headline data, say analysts
The voluntary carbon market (VCM) is undergoing a transformation that goes far beyond headline issuance and retirement data, according to a new report, though the recovery will not come overnight and value could take years to fully scale.
Read MoreANALYSIS: Experts question additionality of HFLD forest carbon methodologies, as integrity body considers approval
Carbon methodologies designed to credit for high forest, low deforestation (HFLD) should not be seen as additional and risk undermining carbon market integrity initiatives, according to climate experts, with voluntary carbon integrity body the ICVCM still considering the merits of one such programme for its quality stamp.
Read MoreMost REDD+ carbon projects bring both monetary and non-monetary benefits -report
Eighty-nine percent of REDD+ carbon projects propose a mix of monetary and non-monetary benefits, according to a recent report that analysed 347 projects across 55 countries.
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