US carbon project developer targets Turkiye with new joint venture

Published 14:43 on December 11, 2024  /  Last updated at 17:21 on December 10, 2024  / /  Americas, EMEA, Middle East, US, Voluntary

A US-based project developer has created a joint venture with a Turkiye-based sustainability company to scale carbon trading in the country, they said Wednesday.

Read More

Turkiye offering €2.8 mln to help it transpose EU ETS Directive into national law

Published 17:21 on December 10, 2024  /  Last updated at 17:21 on December 10, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, Middle East

Turkiye has launched a €2.8-mln tender seeking a contractor to help it transpose the EU ETS Directive into national law and analyse the impact of the bloc’s Carbon Border Adjustment Mechanism (CBAM) on the country.

Read More

UN warns of worsening land drying, as pressure mounts on desertification COP

Published 13:09 on December 10, 2024  /  Last updated at 13:09 on December 10, 2024  / /  Biodiversity, EMEA, Middle East

The UN Convention to Combat Desertification (UNCCD) has raised concerns over the alarming increase in land aridification registered in the past few decades, as pressure has mounted on negotiators in Ryhad to seek solutions to the ongoing crisis.

Read More

INTERVIEW: Carbon removal coupled with desalination brings multiple benefits, says startup

Published 12:35 on December 10, 2024  /  Last updated at 12:35 on December 10, 2024  / /  EMEA, Middle East, Voluntary

A startup with an electrochemical method of removing CO2 from water claims it can simultaneously reduce the energy requirement and cost of desalination, with potential for significant mitigation were it to scale up.

Read More

Saudi Arabia offers Kenya $8 per carbon credit in COP16 VCM deal -media

Published 13:18 on December 9, 2024  /  Last updated at 13:18 on December 9, 2024  / /  Africa, Climate Talks, EMEA, International, Middle East, Voluntary

Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.

Read More

KEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle

Published 02:44 on December 7, 2024  /  Last updated at 12:08 on December 7, 2024  /  Americas, Asia Pacific, Aviation/CORSIA, Canada, EMEA, International, Kyoto Mechanisms, Middle East, Nature-based, Other APAC, South & Central, South Korea, US, Voluntary

UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.

Read More

Development banks pledge $12 bln for land degradation

Published 13:32 on December 5, 2024  /  Last updated at 16:19 on December 5, 2024  / /  Africa, Biodiversity, EMEA, Middle East

Financiers, mostly development banks, at the UN desertification conference COP16 in Riyadh, Saudi Arabia this week have committed $12 billion towards drought resilience, land restoration, and combatting land degradation.

Read More

Canadian tech company partners with Saudi firms to produce low-carbon concrete

Published 11:08 on December 5, 2024  /  Last updated at 11:08 on December 5, 2024  / /  EMEA, Middle East, Voluntary

A Canadian tech company has collaborated with a concrete producer and a gas distributor in Saudi Arabia to produce low-carbon materials by incorporating captured CO2, the companies announced this week.

Read More

Lufthansa expands carbon credit, SAF scheme to international flights

Published 15:14 on November 29, 2024  /  Last updated at 15:14 on November 29, 2024  / /  Aviation/CORSIA, EMEA, International, Middle East, Nature-based, Voluntary

The Lufthansa Group will extend its sustainable “green” travel tariff to long-haul flights, the German company announced on Wednesday, expanding a scheme that currently helps finance sustainable aviation fuels (SAF) and carbon projects.

Read More

Saudi Aramco partners with Danish firm to scale low-carbon hydrogen technology

Published 12:33 on November 27, 2024  /  Last updated at 12:33 on November 27, 2024  / /  EMEA, Middle East

Danish CO2 reduction company Topsoe has partnered with Saudi oil giant Aramco to develop and commercialise low-carbon hydrogen technology, the two companies announced on Wednesday.

Read More