Voluntary carbon credit standard partners with registry, exchange operators
A major voluntary carbon credit standard has signed two partnership agreements with registry and exchange operators aimed at enhancing the market by improving transparency, liquidity, and integrity in transactions.
Read MoreFEATURE: EU weighs touchy question of whether to count international carbon credits towards CBAM
The EU is weighing how its Carbon Border Adjustment Mechanism (CBAM) should treat the international credits included in the carbon pricing schemes of other countries — with climate experts and industry representatives divided on whether these should be deductible from border fees.
Read MoreKorean researchers find copper-zinc metal mix can put captured carbon to use
Researchers have found a potential new way of using CO2 to create valuable products such as fuel, a Korean university announced on Wednesday.
Read MoreAsia Pacific shipping sector faces 100 Mt/year CCS challenge, report finds
Ships may have to transport some 100 million tonnes of CO2 annually between jurisdictions by mid-century, which will require huge advance efforts in terms of funding and other preparations, according to a report released Wednesday.
Read MoreGrowth in SAF production ‘disappointingly slow’ -IATA
The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week.
Read MoreGovt climate advisors urge UK to make new Paris Agreement pledge credible
The UK needs to make its ambitious emissions reduction targets credible by closing the “domestic delivery gaps” and speeding up the roll-out of clean transport, home heating, and tree planting, the government’s independent climate advisory body said on Wednesday.
Read MoreEuropean aviation needs more than new tech, carbon pricing to decarbonise, finds report
Beyond technological innovation and existing carbon pricing mechanisms, decarbonising aviation in the EU needs stronger policy measures that make the polluter pay, subsidies for clean energies, and promote alternatives to flying, new research has found.
Read More29 banking jurisdictions beginning nature focus, UNEP FI says
Some 29 jurisdictions, totalling more than €75 trillion of banking assets, have started reflecting nature-related considerations in their regulations, the UN Environment Programme Finance Initiative (UNEP FI) has said in a report.
Read MoreFEATURE: Carbon market experts see huge potential for crediting SF6 emissions mitigation from grid expansion
Market experts see significant potential in crediting the reduction of sulphur hexafluoride (SF6) emissions linked to grid expansion in the power sector and the clean energy transition, with a German government-backed initiative also looking at the role of carbon finance in the relatively untapped field of mitigation.
Read MoreExperts warn CCP-approved REDD carbon methodologies risk significant over-crediting, leave integrity body
The Integrity Council for the Voluntary Carbon Market (ICVCM)’s quality assessment process has been put under the spotlight after current and former experts of the stakeholder initiative’s expert panel warned that three recently-approved REDD methodologies could produce “large volumes” of over-crediting, with several members stepping away from the organisation.
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