Thai bank teams up with consultancy to decarbonise energy, agriculture sectors, promote carbon trading
A Thai state-owned bank has signed a Memorandum of Understanding (MoU) with a Bangkok-based climate consultancy to support domestic businesses and farmers in meeting their decarbonisation goals through trading of carbon credits and renewable energy certificates (RECs), it said in a statement.
Read MoreRabobank, Plan Vivo refute Ivorian carbon credit double counting claims
Rabobank and Plan Vivo have pushed back against reporting by investigative journalism outlet Follow the Money (FTM), which revealed that Cote d’Ivoire had asked the Dutch bank to suspend its carbon credit origination activities in the country’s Nawa region over double counting fears.
Read MoreBC’s updated forest offset protocol mandates First Nations engagement, outlines reversal measures
Canada’s British Columbia has updated its offset regulation and published its second forest carbon offset protocol (FCOP 2.0), which mandates First Nations’ engagement across all projects and stipulates measures that could see fewer credits awarded to project developers in the event of a reversal.
Read MoreCORSIA credits could be worth over $50/t based on airline demand signals, says offset project financier
Prices for first phase CORSIA carbon credits could be valued above $50/tonne based on indications of airline demand, a project financier said Tuesday.
Read MoreBRIEFING: Additional MRV, policy support needed to scale enhanced weathering as a CDR solution, experts warn
Advancing enhanced rock weathering (ERW) as a CO2 removal solution will require addressing MRV challenges and higher policy support, especially in Europe, members of a recently formed industry alliance said Tuesday.
Read MoreVoluntary carbon credit issuances outpace retirements in Q1 to further inflate oversupply, weigh on prices -analysts
Despite a historically large number of retirements in the voluntary carbon market in Q1 2024, oversupply continues to balloon amid issuances rising at a faster clip, keeping credit prices at bay, analysts said Tuesday.
Read MoreFEATURE: Increasing conflicts are a natural consequence of worsening climate change
Climate change is exacerbating many of the conditions that fuel conflict — from drought in the Middle East worsening food insecurity and inflation, to access over strategic resources like lithium and cobalt becoming a key source of tension — amid lagging efforts to curtail emissions.
Read MoreNorthern Ireland launches consultations on marine protected areas, ‘blue carbon’ plans
The government of Northern Ireland has launched consultations on two initiatives aimed at enhancing ocean conservation, as it seeks to strengthen biodiversity monitoring and hasten the restoration of marine and “blue carbon” habitats.
Read MoreUN special rapporteur calls for moratorium on voluntary carbon markets to stop human rights violations
The UN’s special rapporteur on the rights of Indigenous People has called for a moratorium on voluntary carbon markets to stop human rights violations.
Read MoreNatural capital fund launches with eyes on Article 6 market
A Singapore-based environmental venture and a global natural capital firm have partnered to launch a new fund tied to Article 6 deals with governments, the two announced Tuesday.
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