Global emissions could peak this year, but GHG cuts may still fall short of the 2030 IPCC target -report
Global GHG output may reach its peak this year, meeting an IPCC deadline, but emissions could still exceed the IPCC’s 2030 GHG target deemed necessary to limit global warming to 1.5C, according to a report by a climate think-tank.
Read MoreRegulators announce increase to Swiss-EU ETS allowance transfer days for 2024
The EU and Switzerland have published the ETS allowance transfer window schedule for 2024, providing near-daily opportunities for units to flow between the linked carbon markets.
Read MoreClimate Impact X suspends Kasigau REDD project from its nature-based index
Climate Impact X (CIX) has temporarily suspended credits from a troubled Kasigau corridor project (VCS 612) into delivery for its nature-based benchmark, Nature X, with immediate effect, a day after two senior staff member at the project were sacked in relation to ongoing investigation into sexual harassment and abuse allegations.
Read MoreAntigua and Barbuda environment ministry distances itself from “trillion-dollar” blue carbon venture
Antigua and Barbuda’s environment ministry has distanced itself from a company purporting to be developing blue carbon projects there worth up to a trillion dollars, despite the venture listing the Caribbean island nation’s prime minister among its leadership team.
Read MoreVCM Report: Carbon credit demand boosted as oil major returns to the market
Large volumes of REDD avoided deforestation changed hands at rock bottom prices last week amid the continued fallout from the negative press coverage about the sector, while demand in general was lifted by the reappearance of an oil major in the market retiring a large volume of credits.
Read MoreFirst auction for 2023 Swiss carbon permits sells out
Buyers scooped up all the carbon permits on offer in the first of two Swiss ETS auctions for 2023-vintage units.
Read MoreStandard sees first biochar carbon credits awarded to an African project
A Namibian biochar project has become the first in Africa to be awarded carbon removal credits under the European Biochar Certificate (EBC) C-Sink Standard, with its Germany-based developer intending to establish six projects in the nation by next year.
Read MoreCOP28: Record 70,000 attendees expected to descend on Dubai ‘circus in the desert’
FREE READ – Dubai will grow in population by the equivalent of a small city as a record number of delegates descend upon the desert metropolis later this month for this year’s COP28 climate summit.
Read MoreGold Standard opens investigation into forced labour allegations at Chinese biomass project
Certifier Gold Standard on Tuesday said it had opened an investigation into the Bachu Biomass Power Generation Project in China in the wake of media reports that suggested the initiative may be at risk of being implicated in potential forced labour.
Read MoreClimate action crawls amid insufficient carbon pricing, pressure on COP28 -report
The world is lagging behind on almost every indicator of efforts to tackle climate change, including carbon pricing systems, according to a multi-researcher report that piles up concerns for the upcoming COP28 UN negotiations.
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