Carbon removals linked to UK ETS should have a project-risk assessment, says ratings agency
The UK government should incorporate project-level ratings assessments when they integrate domestic carbon removals into their Emissions Trading System (ETS), a ratings agency said Tuesday.
Read MoreBusiness coalition urges EU to heed its ideas for scaling carbon farming
A group of companies including Danone, Nestle, and Unilever, shared a set of recommendations on Tuesday which it says could accelerate a European agricultural transition under the bloc’s Carbon Removal Carbon Farming (CRCF) regulation.
Read MoreINTERVIEW: Contracted durability mechanisms could shore up nature-based removals under new SBTi corporate climate standard
A carbon project developer has pitched contracted durability mechanisms as a way to manage reversal risk, suggesting these buffer pool alternatives could equalise nature- and tech-based removal credits under the newly-introduced requirements of the Science-based Targets initiative’s (SBTi) latest Corporate Net-Zero Standard.
Read MoreEU groups urge Commission to create stronger market for carbon farming credits
A coalition of agricultural, climate, and carbon market organisations has called on the European Commission to take urgent action to ensure demand for carbon farming credits, warning that the success of the EU’s Carbon Removals and Carbon Farming (CRCF) regulation depends on creating a viable market for farmers.
Read MoreNodal launches new CORSIA, future and options contracts
Nodal Exchange launched several new environmental futures and options contracts, including for CORSIA.
Read MoreLATAM Roundup: Country regulations shape developers’ goals for project size, attributes
From Mexico to Brazil, state support and regulations appear to be influencing the scale and bonus attributes that carbon project developers plan for in their initiatives.
Read MoreFEATURE: New SBTi corporate climate standard sets meaningful internal carbon pricing goalposts, say experts
The introduction of specific price anchors for companies choosing to set an internal carbon price under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, will help to ‘avoid race-to-the-bottom dynamics’ and provide viable financial support to many carbon projects, according to experts.
Read MorePRESS RELEASE: Carbon Pulse launches the Biodiversity Portal
Track submissions of National Biodiversity Strategy and Action Plans (NBSAPs) and interest in biodiversity credits ahead of COP17 through the Biodiversity Portal.
Read MoreGuyana sees boom year for J-REDD+ revenues with nearly $200 mln income
Guyana’s jurisdictional REDD+ (J-REDD+) programme is blowing past prior annual revenue figures, bringing in some $196 million this year, according to Carbon Pulse calculations based on statements made by the government.
Read MoreIndonesia targets export sale of 30 mln forestry carbon credits in July
Indonesia is looking to launch an international sale of forestry carbon credits next month, offering more than 30 million tonnes of emission reductions to global buyers, according to officials.
Read More