Canada faces higher carbon removal burden under equity-driven policy approach -researchers
Canada will need to scale up its CO2 removal (CDR) efforts significantly beyond its current net-zero commitments if it is to meet global climate fairness standards, according to a new analysis.
Read MoreINTERVIEW: Energy transition payments make fertile ground for carbon pricing
The $5.2 billion Clean Technology Fund (CTF) is helping to sensitise developing country governments to carbon pricing by supporting energy transition finance and programming, according to an executive at the organisation.
Read MoreDATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time
The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.
Read MoreKenyan energy company to tender 1.8 mln CDM carbon credits
A Kenyan power company and carbon project developer will tender in February around 1.8 million carbon credits issued last year to geothermal energy projects under the UN’s Clean Development Mechanism (CDM).
Read MoreFEATURE: UK set to miss 2030 green jet fuel goals by half, increasing airline carbon exposure
The UK could miss its production goal of 10% sustainable aviation fuel (SAF) in total jet fuel use by 2030 by almost half, according to industry experts, with potential implications for airline exposure to carbon prices under the UK ETS and the UN’s CORSIA international offsetting scheme.
Read MoreGlobal organisation launches first accounting standard for cocoa, outlines carbon removals framework
An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.
Read MoreINTERVIEW: Market needs to come to “acceptable compromise” to scale REDD+ projects
International carbon market stakeholders, including standards, rating agencies, and bodies such as the Integrity Council for the Voluntary Carbon Market (ICVCM) and Science Based Targets Initiative (SBTi), must find a path to come to an agreement on REDD+ methodologies if they wish to scale projects in the sector, a market veteran told Carbon Pulse.
Read MoreBRIEFING: Experts confident of strong CORSIA supply and demand, including from US
Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.
Read MoreRoadshow for Chile’s first-ever auction of tax-eligible offsets slated for next week
A Latin American carbon markets platform will host a show-and-tell for the first auction of carbon credits eligible toward payment of Chile’s CO2 tax next week, it announced Thursday.
Read MoreUS rescinds $4 bln in pledged funding for Green Climate Fund, removes climate stress testing from banks
The administration of US President Donald Trump has rescinded previously pledged funding to the UN’s Green Climate Fund (GCF) amounting to some $4 billion, alongside a pullback of voluntary climate risk determinations from major US banks.
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