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VCM demand bulge for carbon removals needs integrity pairing -report

Published 21:19 on May 20, 2022  /  Last updated at 11:54 on May 21, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

There are no durable CO2 removal credits being offered from projects issuing carbon credits in 2021-22 on the voluntary carbon market (VCM), according to a report that assesses trends across the four largest offset registries, and also points out other challenges with carbon offset supply.

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Carbon project developers search for interim solution to CDM freeze

Published 20:18 on May 19, 2022  /  Last updated at 20:30 on May 19, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Developers with projects registered under the CDM are urging regulators to unfreeze post-2020 carbon credits to make them eligible for the voluntary and domestic carbon markets, aiming to keep revenues flowing ahead of the completion of a new carbon crediting mechanism under the Paris Agreement.

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Loophole for biomass means 15% of EU ETS emissions currently ignored -report

Published 17:28 on May 13, 2022  /  Last updated at 17:30 on May 13, 2022  /  Asia Pacific, EMEA, EU ETS, Japan, Nature-based, South Korea  /  No Comments

A loophole in EU policy that means CO2 emissions from burning biomass for energy not currently included in the ETS could add an additional 15% to the scheme’s total emissions, according to a report from an environmental group.

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Carbon Pulse hires its way to record reporter headcount, doubles article output

Published 01:26 on May 13, 2022  /  Last updated at 19:45 on May 13, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

(FREE READ) – Carbon Pulse has further boosted its coverage of regional and global carbon markets after completing a hiring drive that allowed it to welcome another four talented journalists, giving the unrivalled news provider a record staff size and doubled story count.

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Surge in corporate target-setting not matched by delivery –SBTi

Published 20:21 on May 12, 2022  /  Last updated at 20:21 on May 12, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The Science Based Target initiative (SBTi) released its third annual progress report on Thursday, releasing the figures tied to the groundswell of companies that are committing and setting robust climate targets, while also pointing out a lack of reporting on actually delivering on those targets.

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ANALYSIS: Mapping carbon project pathways for Paris Agreement era

Published 18:53 on May 11, 2022  /  Last updated at 11:16 on May 12, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Once thought to be at death’s door, the UN’s Clean Development Mechanism (CDM) lingers in the Paris Agreement-era, although there is a deep well of complexity on how its credits may be issued and used – resulting in many project proponents jumping ship for clearer waters in the voluntary carbon market.

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SK Market: Korean auction clears at lowest level for 2021 compliance cycle

Published 10:40 on May 11, 2022  /  Last updated at 10:43 on May 11, 2022  /  Asia Pacific, South Korea  /  No Comments

South Korea’s monthly KAU auction cleared Wednesday at the lowest level seen for the 2021 emissions year, with less than half the volume on offer picked up despite the government making cuts in the available number of units.

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South Korean energy player buys stake in big US CCS ethanol project

Published 09:07 on May 10, 2022  /  Last updated at 09:07 on May 10, 2022  /  Americas, Asia Pacific, South Korea, US  /  No Comments

SK E&S, an energy subsidiary of South Korean conglomerate SK Group, will invest $110 million in a CCS project that aims to capture and store CO2 from over thirty ethanol plants in the US mid-west, the company announced on Tuesday.

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Timor-Leste strikes carbon credit arrangements with Korean conglomerate

Published 03:38 on May 5, 2022  /  Last updated at 08:28 on May 5, 2022  /  Asia Pacific, International, Nature-based, Other APAC, South Korea, Voluntary Market  /  No Comments

The Timor-Leste government has struck an agreement with a major South Korean emitter to develop large-scale forest carbon opportunities as well as CCS.

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Verra advances plans for carbon units that leverage project finance upfront

Published 22:35 on May 3, 2022  /  Last updated at 01:49 on May 4, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon standard developer and manager Verra advanced plans on Tuesday for a new method to allow offset project proponents to leverage financing ahead of the verification and issuance of carbon credits.

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