FEATURE: Just transition approaches need refinement, some countries lead the way
Public backing for the low-carbon transition is a key cornerstone of enabling economies to shift towards a 1.5C-aligned world, with a growing number of countries now acknowledging the importance of a ‘just transition’, though approaches diverge significantly and finance remains a key stumbling block.
Read MoreFintech startup eyes Islamic finance riches after securing fatwa for carbon credit investment product
A startup focused on exchange traded voluntary carbon investment products has secured a fatwa for a carbon credit asset class that it hopes will tap into the deep pockets of the Islamic finance market.
Read MoreIslamic finance group, Saudi firm sign Maldives blue carbon partnership
An Islamic finance group has teamed up with a Saudi Arabian carbon specialist firm to explore the potential for reducing emissions and earning carbon credits from the vast seagrass meadows and mangrove forests of the Maldives.
Read MoreCF TURKIYE: Steep forward curve for Turkish ETS as permit prices seen tracking EUAs by mid-2030s
Allowances prices in Turkiye’s ETS are expected to eventually mirror those for EUAs in the EU carbon market, meaning they could climb to as high as €150/tonne by the mid-2030s, experts said this week.
Read MoreCF TURKIYE: Registries will include carbon project lifecycle updates to boost transparency in voluntary market
Two carbon registries will begin offering updates about projects throughout their lifecycle in a bid to improve voluntary market (VCM) transparency post-validation and verification, according to representatives speaking at Carbon Forward Turkiye on Friday.
Read MoreCF TURKIYE: Sustainable development is key priority for Turkish carbon markets stakeholders
Turkiye’s national development, including socioeconomic and ecological dimensions, are at the forefront of stakeholder interest in the voluntary carbon market (VCM) and potential Article 6 engagement, Carbon Forward Turkiye heard Friday in Izmir.
Read MoreConsultancy launches new business line to help companies invest in carbon credits
A global sustainability consultancy has launched a new division focused on helping companies invest in high-quality carbon credits, building on its existing carbon markets strategy, it announced on Thursday.
Read MoreBrazil, India, Saudi Arabia among largest emitters most exposed to climate impacts
A third of the countries responsible for the vast majority of global emissions could face some of the harshest climate change impacts, especially from heat, according to a new report by a risk intelligence company.
Read MorePREVIEW: Carbon credits to assume central role at Paris clean cooking summit
A clean cooking summit due to be held in Paris next week, organised by the International Energy Agency (IEA), will place a significant focus on voluntary carbon markets as governments and private sector stakeholders seek to address current gaps in climate finance flows to Africa.
Read MoreEight voluntary carbon standards update crediting programmes seeking CORSIA eligibility
ICAO, the UN agency that operates CORSIA, has confirmed the eight voluntary carbon standards that submitted material updates to crediting programmes as they seek eligibility for the current phase of the UN’s international aviation offsetting scheme.
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