UAE-based carbon project developer Blue Carbon solicits applicants to support activity design, monitoring

Published 14:09 on March 5, 2024  /  Last updated at 14:12 on March 5, 2024  / /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, Nature-based, Other APAC, Paris Article 6, Voluntary

Blue Carbon, a Dubai-based carbon project developer aiming to participate in Article 6 markets, has issued a request for proposals (RFP) to obtain support for design and monitoring across its portfolio.

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REQUEST FOR PROPOSALS: Carbon Project Development Services – Blue Carbon

Published 14:03 on March 5, 2024  /  Last updated at 14:03 on March 5, 2024  /  Africa, Americas, Asia Pacific, Contributed Content, EMEA, International, Middle East, Nature-based, Other APAC, Other Content, Paris Article 6, South & Central, Voluntary

Blue Carbon’s primary aim is to develop “Mitigation Outcomes” that are transferable as ITMOs through the mechanisms provided by Article 6 of the Paris Agreement. This includes both an Article 6.2 and 6.4 approach, as deemed appropriate. Having signed several exploratory MOUs and agreements with countries particularly across Africa, Blue Carbon is seeking PDD development services that will support project development.

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VCM Report: Voluntary carbon buyers sitting on sidelines despite high levels of credit retirements

Published 17:24 on March 4, 2024  /  Last updated at 17:24 on March 4, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Prices failed to budge, liquidity was thin last week, and there was a mix of opinion about the direction of the voluntary carbon market, with sources reporting a flood of new offers posted while others noted the cupboard was starting to run bare of good quality.

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Voluntary carbon credit retirements maintain pace in February, on track to reach 233 mln this year

Published 15:47 on March 1, 2024  /  Last updated at 09:15 on March 2, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Middle East, Nature-based, New Zealand, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Retirements of credits from the four largest voluntary carbon registries reached nearly 18 million last month, maintaining the momentum seen in January, data from the Carbon Pulse VCM Portal shows.

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ICVCM revises down number of voluntary carbon credit methodologies assessed for integrity stamp, but promises quick turnaround

Published 13:00 on February 29, 2024  /  Last updated at 16:12 on February 29, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Nearly all the assessements of voluntary carbon market methodologies currently under review for the Core Carbon Principles (CCPs) stamp of high integrity, accounting for some 850 million credits, will be concluded by the end of September, the Integrity Council for Voluntary Carbon Markets (ICVCM) told Carbon Pulse on Thursday.

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Idle ships at anchor to earn voluntary carbon credits under new Gold Standard methodology

Published 00:01 on February 29, 2024  /  Last updated at 15:09 on February 28, 2024  / /  Africa, Americas, Asia Pacific, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Voluntary

Idle ships at anchor around the globe will be able to earn carbon credits under a new methodology approved by Gold Standard.

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South Pole appoints sustainable finance expert as new CEO

Published 09:30 on February 28, 2024  /  Last updated at 09:30 on February 28, 2024  / /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, Middle East, Nature-based, Other APAC, Paris Article 6, South & Central, Voluntary

Large voluntary carbon project developer and investor South Pole has appointed the former head of sustainable finance at HSBC as its new CEO, the firm announced Wednesday.

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Academics call for organisations to shift to carbon removals in offsetting strategies

Published 00:01 on February 27, 2024  /  Last updated at 10:33 on February 27, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Middle East, Nature-based, Voluntary

Companies should shift towards carbon removals with durable storage in their credit-buying strategies as opposed to credits for emissions avoidance or reductions, say academics in updated offsetting guidance.

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Egypt pins down legal status of voluntary carbon credits as it reveals regulatory framework

Published 17:53 on February 26, 2024  /  Last updated at 20:02 on March 21, 2024  / /  Africa, Climate Talks, EMEA, International, Middle East, Nature-based, Voluntary

Egypt has defined the legal status of voluntary carbon credits to be traded in the North African country ahead of moves to harmonise a standard set of principles internationally.

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VCM Report: Second oil major makes a splash in retirement of voluntary carbon credits

Published 16:55 on February 26, 2024  /  Last updated at 17:21 on February 26, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.

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