EU’s CRCF forest methodology needs baseline, risk-based rules to avoid over-crediting -report
The EU should tailor its Carbon Removals and Carbon Farming Regulation (CRCF) methodology for improved forest management (IFM) to regional climate risks and forest conditions, while tightening baseline rules to reduce over-crediting risks, a policy brief published Thursday said.
Read MoreNew agtech platform aims to unify farm carbon data, MRV, and sustainability programmes
A new agricultural technology company has been launched in the US through the combination of two existing digital agriculture businesses, with ambitions to build a neutral data and verification platform linking farm-level activities to sustainability, compliance, and carbon market outcomes.
Read MoreEU 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 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 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.
Read MoreOcean foundation puts up $17 mln for marine projects in Asia
A German-headquartered foundation opened a call for proposals this week, offering a total $17 million of funding to projects focused on establishing blue carbon schemes in marine protected areas, and Other Effective area-based Conservation Measures (OECMs) across four Asian countries.
Read MoreNew programme to allocate C$100 mln to accelerate climate tech, agriculture projects
A Canadian venture capital company has launched a new C$100 million ($71 mln) fellowship programme to fund early-stage climate technology projects.
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