BRIEFING: CORSIA ‘climate club’ seen as answer to voluntary carbon market demand problem
Market participants see the UN international aviation offsetting scheme as the first step in a voluntary credit demand recovery, and hope that other sectors will be inspired to establish similar carbon-buying clubs in the future.
Read MoreUPDATE – EU bows to pressure to delay its anti-deforestation law by one year
The European Commission is moving to postpone its regulation against deforestation by one year, in an attempt to please international partners who repeatedly expressed worries about the impacts of the law on supply chains, it announced on Wednesday.
Read More‘Shortcomings’ in EU’s CRCF could lead to overestimated credits, report says
Flaws in baseline assumptions and inadequate long-term monitoring could lead to overestimated carbon credits under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, previously known as the Carbon Removal Certification Framework, according to new research.
Read MoreVerra’s review process of Southern Cardamom REDD+ project raises independence, structural concerns, says human rights group
Verra’s review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard’s environmental and social requirements, according to the human rights group that investigated the activity.
Read MoreUPDATE: Investors ask US regulator to block JBS listing over environmental concerns
Eighteen investors managing $22 billion have co-signed a letter asking the US financial regulator to stop Brazilian meat giant JBS from listing in the US following concerns around transparency that are refuted by the corporation.
Read MoreBRIEFING: Carmakers look at carbon removal credits while awaiting clarity on Scope 3 emissions
An automotive company is encouraging its suppliers to buy removal credits that meet a defined set of criteria, as it awaits further clarity from the Science Based Targets initiative (SBTi) on whether carbon removals will be allowed to meet Scope 3 emissions.
Read MoreCLARIFICATION: Respira unites with investment firm to launch funds for nature-based projects
Climate financier Respira has joined forces with an impact investment firm to launch two funds for financing nature-based carbon offset projects and accelerating climate action, they announced Tuesday.
Read MoreMajority of buyers prefer carbon removals to avoidance, reductions -survey
A survey of voluntary carbon market (VCM) stakeholders has shown that nearly 90% of buyers do not plan to use ubiquitous reduction or avoidance credits in their corporate decarbonisation strategies.
Read MoreLATAM Roundup: J-REDD is king at Climate Week, Colombia releases H1 CO2 tax stats
Jurisdictional REDD+ (J-REDD) starred at Climate Week NYC, and Carbon Pulse has analysed new data about Q2 retirements toward Colombia’s carbon tax, in the week ending Sep. 29.
Read MoreDuo seeks to slash livestock farming emissions with seaweed additives in Japan
A Tokyo-based microalgae solution provider has teamed up with an Australian company to promote seaweed-added feed additives, in the hope of decarbonising Japan’s livestock sector.
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