INTERVIEW: US super pollutant credits developer targets Global South food supply chain expansion
A US-based developer of super pollutant credits is targeting rapid expansion into Central and South America as food supply chains increasingly shift into the region, according to its CEO. Â
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 MoreBanks’ climate impacts more likely to create transition than physical risks, paper says
Banks’ own climate-impacting activities are more likely to create transition-risk exposure through investors, clients, policymakers, or litigation than to materially increase their own physical climate risks, according to a new working paper on double materiality.
Read MoreTop EU Parliament group seeks “breathing space” for industry in upcoming EU carbon market reform -media
The European Parliament’s largest political group is weighing changes to the EU carbon market aimed at shielding industry and limiting price volatility, according to a draft internal document seen by Bloomberg.
Read MoreBehind the rhetoric and public criticism, China is adapting to CBAM -report
China repeatedly criticises the European Union’s carbon border tariff as a unilateral trade measure, but a more pragmatic response is forming behind the scenes, according to a new report that said Beijing is aligning its own carbon architecture with European standards to protect exporters.
Read MoreBiogas carbon project secures approval from Kenya, eyes Article 6, CORSIA trade
A Kenyan biogas project has announced it has secured formal approval from the country’s government, eyeing Article 6 trade, just days after a government minister said the number of credits allowed for international sale would be limited to around 10 million until 2030.
Read MoreClean aviation firms urge Brussels to extend EU ETS to long‑haul flights
A coalition of European clean aviation technology firms has urged the European Commission to extend the EU’s Emissions Trading System (ETS) to international flights, directly challenging an earlier push by major airlines and six EU governments to curb or delay higher carbon charges on the sector.
Read MoreFEATURE: Carbon buyers are eyeing new superpollutant credits for a quicker fix
As promises to tackle emissions in the short term butt heads with the realities of rising energy demand and pricey, early-stage carbon removal technologies, companies are increasingly looking for faster, easier wins – and driving a new market for superpollutant credits.
Read MoreEU lawmakers clash over pace and price of upcoming Electrification Action Plan
European lawmakers on Wednesday exposed deep divisions over the European Commission’s upcoming Electrification Action Plan, clashing over the pace of the rollout, how to pay for it, and which technologies should count as clean.
Read MoreUK carbon markets initiative appoints new chair
The UK Carbon Markets Forum (CMF) has appointed a new chair from a major global consultancy, as it seeks to accelerate the growth of global credit markets and deepen engagement across the financial sector.
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