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Rating agency awards two fresh grades, puts one more on watch

Published 18:34 on September 28, 2022  /  Last updated at 18:34 on September 28, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A carbon credit ratings agency has given a cookstove project in Nepal and a group of hydropower plants in China, both accredited by Verra, a reasonable chance of avoiding a tonne of CO2

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Co-firing coal plants with ammonia costly for Japan’s decarbonisation goals -report

Published 11:22 on September 28, 2022  /  Last updated at 11:22 on September 28, 2022  /  Asia Pacific, Japan  /  No Comments

Japanese utilities are exploring ways to reduce CO2 emissions from coal-fired power by co-firing plants with ammonia, but this is not the most cost-effective way for the Northeast Asian economy to reach its power sector decarbonisation goals, a report released on Wednesday has found.

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Expect higher prices for Article 6 authorised carbon credits, say experts

Published 20:13 on September 27, 2022  /  Last updated at 20:39 on September 27, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon credits will most certainly be more expensive than their alternatives when they include authorisations from host-country governments, speakers at a virtual event said on Tuesday, pointing to another factor that would differentiate credits and complicate fungibility in the market.

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BRIEFING: Spot the difference – breaking down the climate risk rulebooks

Published 19:04 on September 27, 2022  /  Last updated at 19:04 on September 27, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Companies are set to face a maze of intersecting climate risk reporting requirements as early drafts of three competing rulebooks and comments analysed by Carbon Pulse reveal an array of differences on key issues such as emissions scope, oversight, and offset use.

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VCM Report: Interest rate hikes and dollar strength weighs on market

Published 18:24 on September 26, 2022  /  Last updated at 20:22 on September 26, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Standardised nature-based offsets slumped lower over the past week as the wider marco-economic gloom and the strength of the dollar weighed on the market.

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FEATURE: Transition risks grow as climate lawsuits against governments accelerate

Published 19:30 on September 22, 2022  /  Last updated at 18:15 on September 22, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

A record number of lawsuits against government climate action were filed last year, building pressure to bolster ambition and a move by vulnerable states to involve the International Court of Justice.

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Loose SDG claims could leave offset buyers duped, warns report

Published 18:48 on September 22, 2022  /  Last updated at 18:48 on September 22, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A lack of standardisation in framing Sustainable Development Goals (SDG) could leave buyers of offsets duped over the social, environment and economic benefits of a project in the voluntary carbon market (VCM), according to a report published on Thursday.

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Governments to gather at COP27 to steer forest funding via new partnership

Published 17:03 on September 22, 2022  /  Last updated at 17:03 on September 22, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Moves are underway to cement a collective pledge by 141 countries to arrest and reverse deforestation by 2030 into a cohesive partnership at November’s COP27 UN climate conference in Sharm el-Sheikh that includes cooperation on carbon markets.

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Japan kicks off J-Credit trading with low volumes on debut day

Published 08:50 on September 22, 2022  /  Last updated at 23:13 on September 22, 2022  /  Asia Pacific, Japan  /  No Comments

Test trading of domestic carbon offsets opened on the Tokyo Stock Exchange (TSE) on Thursday ahead of the April launch of the GX League, with modest trading activity recorded in the first session.

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Clean hydrogen project pipeline rising but investment needs to triple by 2030 for net zero alignment -report

Published 06:19 on September 22, 2022  /  Last updated at 06:19 on September 22, 2022  /  Africa, Americas, Asia Pacific, Australia, China, EMEA, International, Japan, South Korea  /  No Comments

The number of global hydrogen projects in the pipeline has reached a new high of 680, reflecting investment of $240 billion, but investment proposals will need to reach to $700 bln by 2030 if low carbon hydrogen is to align with a net zero emissions by 2050 pathway, an industry report has said.

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