Strategic enrolment, anticipatory behaviour in JREDD risk undermining fight against mass deforestation, study warns

Published 18:42 on December 17, 2024  /  Last updated at 18:42 on December 17, 2024  /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, South & Central, US, Voluntary

A new study has raised concerns about the effectiveness of jurisdictional REDD+ (JREDD) programmes, revealing how strategic enrolment decisions and anticipatory behaviour risk undermining efforts to curb deforestation and reduce carbon emissions.

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Professional services multinational teams up with developer to build large-scale ocean carbon removal facility

Published 14:25 on December 17, 2024  /  Last updated at 14:25 on December 17, 2024  / /  Americas, EMEA, Nature-based, Voluntary

A multinational professional services firm has joined forces with an ocean-based carbon removal developer to help build a large-scale facility.

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Qatar organisation announces Article 6 carbon credit auctions for early 2025

Published 13:53 on December 17, 2024  /  Last updated at 13:53 on December 17, 2024  / /  Africa, Asia Pacific, EMEA, International, Nature-based, Other APAC, Paris Article 6, Voluntary

A Qatar-based organisation has announced it will hold two auctions early next year for international carbon credits eligible for Article 6 trade.

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Investor to offset full-scope emissions via Canadian voluntary carbon project developer

Published 12:51 on December 17, 2024  /  Last updated at 12:51 on December 17, 2024  / /  Americas, Canada, EMEA, Nature-based, Voluntary

A German investment firm will offset its Scopes 1-3 emissions through a partnership with Canadian voluntary carbon project developer, it announced Monday.

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Japanese exchange to list J-Blue credits

Published 11:40 on December 17, 2024  /  Last updated at 11:40 on December 17, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

A Tokyo-based firm will soon list J-Blue credits on its carbon credit exchange in a bid to provide high quality credits to the market, it announced Tuesday.

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ID Market: Indonesian oil company signs agreement to sell geothermal carbon credits

Published 07:33 on December 17, 2024  /  Last updated at 07:33 on December 17, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

Indonesia’s state-owned oil and gas company has signed a deal to sell a third tranche of carbon credits on the nation’s domestic carbon exchange, it announced Tuesday. 

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Verra refutes experts’ critiques on its REDD+ method being granted CCP status

Published 00:42 on December 17, 2024  /  Last updated at 00:42 on December 17, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Carbon credit standards body Verra has hit back against criticism aimed at its REDD methodology being approved under the Core Carbon Principles (CCPs) framework, describing the scrutiny as “flawed and inaccurate”.

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Carbon credit financier looks to cash in by converting CORSIA-eligible inventory

Published 23:43 on December 16, 2024  /  Last updated at 00:44 on December 17, 2024  / /  Americas, Aviation/CORSIA, Canada, International, Nature-based, Voluntary

A Toronto-based carbon credit financier has tentative plans to transition its carbon credit inventories to one of the voluntary carbon standard methodologies recently approved for Phase 1 of CORSIA (2024-26) by the UN aviation body ICAO, although it is still awaiting formal guidance from Verra.

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Zimbabwe awards Sri Lankan firm licence to build its national carbon registry

Published 22:30 on December 16, 2024  /  Last updated at 22:30 on December 16, 2024  /  Africa, Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

Zimbabwe has awarded a Sri Lankan firm the contract to develop its national carbon registry, as part of efforts to advance its climate policies and align with Article 6 of the Paris Agreement.

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Repurposing offshore infrastructure to farm seaweed could yield massive emissions cuts -study

Published 22:07 on December 16, 2024  /  Last updated at 22:07 on December 16, 2024  /  Americas, Asia Pacific, Australia, EMEA, Nature-based, Other APAC, Voluntary

Repurposing offshore wind farms and decommissioned oil and gas platforms for seaweed farming could sequester millions of tonnes of CO2 per year, while using the vegetation to produce low-carbon alternatives for industries like food and materials could displace tens of millions more, according to a new study.

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