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Tech to check: The digital revolution is finally coming to carbon project verification

Published 19:01 on June 10, 2022  /  Last updated at 23:42 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

While interest in the voluntary carbon market (VCM) continues to surge, some of the underlying mechanics need a revamp to keep pace, according to some experts highlighting how harnessing technology can improve both carbon project verification and overall impacts.

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Gold Standard softens stance on adjusted credits in new claims guidelines

Published 20:13 on June 9, 2022  /  Last updated at 08:32 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon credit certifier Gold Standard issued new guidelines on Thursday for how its units can be used by voluntary buyers given the new Paris Agreement context, providing greater flexibility on the need for authorisation from the project’s host-country government.

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Global pharma giant pursues soil sequestration innovation with new firm

Published 23:55 on June 8, 2022  /  Last updated at 01:26 on June 9, 2022  /  EMEA, International, Middle East, Nature-based, Voluntary Market  /  No Comments

A major global pharmaceutical and life sciences company has helped establish a innovative new company to advance carbon sequestration in agricultural soil.

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Shipping’s net zero ambition in the doldrums at the IMO

Published 19:46 on June 8, 2022  /  Last updated at 19:51 on June 8, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

On World Oceans Day, international shipping looks set to run aground of progress to phase out emissions, with governments clashing at the UN’s International Maritime Organisation (IMO) negotiations over a potential global 2050 net zero emissions goal.

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‘Dash for gas’ dominates response to Russia’s Ukraine invasion -report

Published 09:00 on June 8, 2022  /  Last updated at 19:00 on June 7, 2022  /  Africa, Americas, Canada, EMEA, International, Japan, Middle East, Switzerland, US  /  No Comments

Government responses to Russia’s invasion of Ukraine and the related energy crisis feature more examples of support for oil and gas expansion and fewer of clean and efficient energy transition policies, according to a report released by climate researchers on Wednesday.

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Japanese corporates strike deal seeking to source hydrogen from the UAE

Published 10:52 on June 7, 2022  /  Last updated at 10:52 on June 7, 2022  /  Asia Pacific, Australia, EMEA, Japan, Middle East, Other APAC, South Korea  /  No Comments

Japanese industrial players Eneos and Mitsui have agreed with the UAE’s oil company ADNOC to study developing a clean hydrogen supply chain between their two countries, they announced Tuesday.

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Green groups launch interactive tool to score carbon credit quality

Published 14:00 on May 31, 2022  /  Last updated at 22:36 on June 2, 2022  /  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, UK ETS, US, Voluntary Market  /  No Comments

Environmental groups launched a free online tool on Tuesday that they say will help voluntary buyers assess the quality of carbon credits, with initial testing showing that getting a high score for quality across all categories is unlikely.

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UPDATE – NGO report casts doubt over Qatar football World Cup carbon neutral claims

Published 23:00 on May 30, 2022  /  Last updated at 13:01 on May 31, 2022  /  EMEA, International, Middle East, Voluntary Market  /  No Comments

The FIFA football World Cup to be held in Qatar in late 2022 aims to be the first to be carbon neutral, according to the event’s organisers, but a green group report published Tuesday argues that emissions may have been understated and the carbon credits used are unlikely robust enough.

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Oil and gas firms could be barred from credible climate claims guidelines

Published 17:19 on May 27, 2022  /  Last updated at 17:24 on May 27, 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

Many of the world’s largest oil and gas companies have committed to mid-century net zero emissions targets, but initiatives looking into the credibility of climate claims are abstaining their support over fears of backing greenwashing.

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Insurance products emerging to guard against Paris-era carbon market risks

Published 14:09 on May 26, 2022  /  Last updated at 14:09 on May 26, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Insurance mechanisms are emerging as a way to guard against policy reversal in carbon markets, where some say these products could mitigate the risk of government U-turns or other political risks associated with Paris-aligned emissions trade.

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