Singapore companies target all of ASEAN for solar power CDM programme
The UN has registered a Programme of Activities (PoA) under the Clean Development Mechanism (CDM), with the initiative’s two Singapore-based proponents aiming to generate carbon credits across the entire South East Asian region.
Read MoreVCM Report: VER prices resume bullish 2021 path as first GEO futures trade
Voluntary emission reduction (VER) values trended higher this week as the first Global Emissions Offset (GEO) futures contracts transacted on Monday, while elevated interest in North American forestry and other project types provided a further boost.
Read MoreBrussels launches research project on certification system for carbon removals
The European Commission has launched a year-long project assessing options to introduce an EU system for certifying carbon removals, inspired by existing carbon standards.
Read MoreEnvironmental commodities shop STX buys EU carbon brokers Vertis
Environmental commodities trading firm STX Group has reached an agreement to buy a majority stake in Budapest-based rival carbon brokers Vertis, the companies announced late Tuesday.
Read MoreCOMMENT: We’re still in – let’s align the voluntary carbon market with Paris rather than play by our own rules
Corresponding adjustments will be needed in the future whenever a carbon credit is used to offset emissions, to help ensure the promise is kept that the atmosphere is no worse off, argues Hugh Salway of voluntary carbon market certifier Gold Standard,
Read MoreGold Standard to mandate corresponding adjustments by 2025 in Paris-era offset trade plans
Voluntary carbon market certifier Gold Standard has proposed a phased timeline that would mean all its offsets will require corresponding adjustments by 2025, as well as setting tighter requirements for transitioning projects.
Read MoreOffset developer ecosecurities tilts to forestry as market shifts toward removals
Carbon offset project developer ecosecurities will focus on nature-based activities after years of pursuing varied approaches, and is considering teaming up with major producers to develop initiatives at scale.
Read MoreVCM Report: Offset prices nudge higher, while Shell ramps up retirements
Voluntary carbon market (VCM) prices gained slightly this week on continued strong volume, as oil major Shell retired several million offsets just before announcing its strategy to reach net zero emissions through markedly higher carbon credit usage.
Read MoreSouth African carbon tax could be too low, too limited to cut emissions -report
South Africa’s carbon tax may be ineffective in cutting the country’s greenhouse gas emissions on its own, a report by a major consulting firm warned.
Read MoreUK court dismisses carbon fraudster appeals over unqualified expert witness
An UK appeals court has upheld convictions against seven men charged with committing fraud via various carbon markets, rejecting challenges over the prosecution’s use of an expert witness who was later discredited.
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