Former CQC boss Newcombe denies wrongdoing allegations, calls them part of plot by investor to seize control of firm
The former CEO of project developer C-Quest Capital (CQC) Ken Newcombe has denied the allegations of wrongdoing made against him, calling them part of a plot by a major investor to seize control of the company.
Read MoreFEATURE: Voluntary carbon market embraces ozone projects despite public policy qualms
Protecting the ozone layer has been a global priority for decades, but as the voluntary carbon market (VCM) continues to credit the destruction of ozone-depleting substances (ODS), and countries move to fill gaps in multilateral governance, the competing or complementary roles for public- and private-sector engagement on the matter are in flux.
Read MoreIntegrity Council for the Voluntary Carbon Market appoints first CEO
The private sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) has named its first CEO.
Read MoreArticle 6 negotiators decide to push emissions avoidance decision out to 2028
In a late move at mid-year UN climate talks in Bonn, country negotiators formally decided Thursday to try and clean up the Article 6 process by pushing several “spicy” topics out to future years, notably including that of emissions avoidance, easing the workload ahead of COP29 in November.
Read MoreTalks on a new global climate finance goal grind to a halt at UN mid-year climate conference
Negotiations on setting a new global climate finance goal have been pushed out to later this year without a clear path for progress ahead, as national diplomats reached an impasse at the mid-year UN climate talks in Bonn on Tuesday.
Read MoreBRIEFING: Mood calm in Bonn as Article 6 negotiators appear to have put Dubai chaos behind them
Article 6 negotiators look to be making progress on the technicalities of international carbon trade rules during a crucial UN climate conference in Bonn this week and next, with observers describing the mood in talks as constructive and certain factions appearing open to compromise on key sticking points.
Read MorePREVIEW: Observers call for “reset” in Article 6 talks in Bonn, with UN carbon trading technicalities to take centre stage
After chaotic scenes in Dubai at COP28, observers have called for calm on Article 6 talks taking place during a crunch UN intersessional climate summit in Bonn this week, with the technicalities of how to organise sovereign carbon trading rules expected to come into focus.
Read MoreFEATURE: Article 6 additionality for renewables should be determined case-by-case, say market rule-makers
Article 6 negotiators and voluntary carbon market (VCM) standards could justifiably exclude some renewable energy projects out of hand due to additionality hazards, but others require careful case-by-case consideration, say watchdogs and stakeholders who spoke to Carbon Pulse.
Read MoreBrazilian bank opens auction for 1 mln Kyoto-era carbon credits through World Bank programme
A state-owned Brazilian financial institution is accepting bids for 1 million Certified Emissions Reductions (CERs) generated through a waste handling programme launched in 2012 with the support of the World Bank.
Read MoreCOP29 host expects parties to find “tangible” Article 6 outcome in Baku
Ensuring a clear outcome on Article 6 will be a priority for Azerbaijan at the UN COP29 summit in November, the country’s President-Designate told an international event in Paris on Tuesday.
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