EU urged to expand ETS to international flights as kerosene shock reignites aviation climate debate
The EU should resist calls to weaken aviation climate policies in response to the recent kerosene price shock and instead extend its ETS to cover all flights departing the bloc from 2027, according to a policy paper published this week.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreIndependent monitoring could serve jurisdictional, investor needs in J-REDD+, speakers say
Independent due diligence on jurisdictional claims will be increasingly necessary for generating buyer-facing confidence in jurisdictional REDD+ (J-REDD+) programmes, speakers said during an online event on Thursday.
Read MoreVerra reinstates Northern Kenya grassland carbon project following community approval process
Carbon standard Verra has reinstated the Northern Kenya Grassland Carbon Project after a community formally reaffirmed its participation through a process conducted in line with Kenyan law.
Read MoreSmall batch of European soil carbon credits trade at over €50 per unit, 5 mln more in pipeline
A small batch of an anticipated 5 million European soil carbon credits from one developer have traded at an average of just over €50 a credit.
Read MoreNbS developer eyes Ukraine soil carbon credits before 2030
A Dutch nature-based (NbS) project developer has completed a two-year assessment of soil carbon opportunities across Eastern Europe and launched a full feasibility study in Ukraine that could lead to carbon credit issuance before 2030, it announced Thursday.
Read MoreUkraine adopts Article 6 pilot framework, national carbon registry rules
Ukraine has adopted a two-year framework on Wednesday to test procedures for authorising, issuing, and transferring mitigation outcomes under Article 6 of the Paris Agreement, alongside rules for a national carbon registry.
Read MoreLack of bankable offtake agreements stalls carbon financing
The carbon industry still faces a critical financing bottleneck as traditional lenders remain sidelined by a lack of bankable offtake agreements, despite growing support for early-stage projects, a conference heard Thursday.
Read MoreEU governments greenlight fast-track aid to farmers amid surging fertiliser costs
The EU’s 27 member states agreed their position on Wednesday on emergency measures to help farmers cope with rising fertiliser prices, as part of the bloc’s response to mounting pressure on farm incomes linked to the Middle East crisis.
Read MoreFragmented carbon credit rules could let developers “shop around” for weaker safeguards, report warns
Divergent rules for managing carbon reversal risks could weaken market integrity and encourage project developers to choose less demanding standards, according to a report released Thursday.
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