Top

VCM demand bulge for carbon removals needs integrity pairing -report

Published 21:19 on May 20, 2022  /  Last updated at 11:54 on May 21, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

There are no durable CO2 removal credits being offered from projects issuing carbon credits in 2021-22 on the voluntary carbon market (VCM), according to a report that assesses trends across the four largest offset registries, and also points out other challenges with carbon offset supply.

Read More
Top

Carbon project developers search for interim solution to CDM freeze

Published 20:18 on May 19, 2022  /  Last updated at 20:30 on May 19, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Developers with projects registered under the CDM are urging regulators to unfreeze post-2020 carbon credits to make them eligible for the voluntary and domestic carbon markets, aiming to keep revenues flowing ahead of the completion of a new carbon crediting mechanism under the Paris Agreement.

Read More
Top

Offset ratings service to integrate with a second credit marketplace

Published 19:07 on May 17, 2022  /  Last updated at 19:10 on May 17, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A carbon credit marketplace and a global ratings agency for the voluntary carbon market (VCM) have teamed up with the aim of providing customers greater confidence in the quality of the units they buy.

Read More
Top

UAE steps up methane capture efforts amid high gas prices

Published 17:33 on May 16, 2022  /  Last updated at 17:33 on May 16, 2022  /  EMEA, International, Middle East, Voluntary Market  /  No Comments

The UAE is to buy 500 gas decarbonisation devices over the next five years which will cut the equivalent of half a million tons of CO2 over the next decade, with the gas-rich Gulf nation aiming to make good on the multilateral pledge it signed up to at last year’s UN climate negotiations.

Read More
Top

Carbon Pulse hires its way to record reporter headcount, doubles article output

Published 01:26 on May 13, 2022  /  Last updated at 19:45 on May 13, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

(FREE READ) – Carbon Pulse has further boosted its coverage of regional and global carbon markets after completing a hiring drive that allowed it to welcome another four talented journalists, giving the unrivalled news provider a record staff size and doubled story count.

Read More
Top

Surge in corporate target-setting not matched by delivery –SBTi

Published 20:21 on May 12, 2022  /  Last updated at 20:21 on May 12, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The Science Based Target initiative (SBTi) released its third annual progress report on Thursday, releasing the figures tied to the groundswell of companies that are committing and setting robust climate targets, while also pointing out a lack of reporting on actually delivering on those targets.

Read More
Top

ANALYSIS: Mapping carbon project pathways for Paris Agreement era

Published 18:53 on May 11, 2022  /  Last updated at 11:16 on May 12, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Once thought to be at death’s door, the UN’s Clean Development Mechanism (CDM) lingers in the Paris Agreement-era, although there is a deep well of complexity on how its credits may be issued and used – resulting in many project proponents jumping ship for clearer waters in the voluntary carbon market.

Read More
Top

History lesson: Experts strive to avert past mistakes with new global carbon market mechanism

Published 18:48 on May 5, 2022  /  Last updated at 01:18 on May 6, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Criticism abounds for carbon credits stemming from projects that do not result in any additional climate benefits, encouraging experts to figure out how the UN’s new crediting mechanism can avoid making the same mistakes in the post-2020 era.

Read More
Top

Verra advances plans for carbon units that leverage project finance upfront

Published 22:35 on May 3, 2022  /  Last updated at 01:49 on May 4, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon standard developer and manager Verra advanced plans on Tuesday for a new method to allow offset project proponents to leverage financing ahead of the verification and issuance of carbon credits.

Read More
Top

FEATURE: Carbon border ambitions broaden as Russian aggression uproots global trade regime

Published 16:29 on April 29, 2022  /  Last updated at 16:29 on April 29, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Discussions on preferred trade flows have become front and centre since Russia’s invasion of Ukraine, with ideas on how to protect domestic production, ban imports, and increase energy independence shaking the foundation of WTO rules that would govern carbon border adjustments.

Read More