FEATURE: Carbon market experts see huge potential for crediting SF6 emissions mitigation from grid expansion

Published 11:28 on December 10, 2024  /  Last updated at 11:28 on December 10, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Paris Article 6, Voluntary

Market experts see significant potential in crediting the reduction of sulphur hexafluoride (SF6) emissions linked to grid expansion in the power sector and the clean energy transition, with a German government-backed initiative also looking at the role of carbon finance in the relatively untapped field of mitigation.

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Experts warn CCP-approved REDD carbon methodologies risk significant over-crediting

Published 11:25 on December 10, 2024  /  Last updated at 11:25 on December 10, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Integrity Council for the Voluntary Carbon Market (ICVCM)’s quality assessment process has been put under the spotlight after current and former experts of the stakeholder initiative’s expert panel warned that three recently-approved REDD methodologies could produce “large volumes” of over-crediting.

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New partnership targets full-chain carbon capture and storage solutions

Published 11:00 on December 10, 2024  /  Last updated at 10:54 on December 10, 2024  / /  EMEA, Voluntary

A carbon capture technology developer has partnered with a carbon storage provider to offer an integrated solution for reducing industrial emissions, the two companies announced on Tuesday.

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Japanese climate tech company acquires software firm to improve emissions data accuracy

Published 08:46 on December 10, 2024  /  Last updated at 08:46 on December 10, 2024  / /  Asia Pacific, Japan, Voluntary

A Tokyo-based climate tech company has acquired a software firm to streamline emissions data collection and improve the accuracy of primary data, it announced Tuesday.

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Industry veteran launches new Houston-based environmental brokerage, consulting firm

Published 00:45 on December 10, 2024  /  Last updated at 00:45 on December 10, 2024  /  Americas, Bavardage, RINs & LCFS, US, Voluntary

A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.

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Gold Standard flags World Bank’s MIGA as its only recognised insurance policy for CORSIA credits

Published 23:03 on December 9, 2024  /  Last updated at 23:03 on December 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, US, Voluntary

Gold Standard on Monday published new guidance on the approval process of its carbon credits for use under the first phase of the CORSIA global aviation offsetting scheme, stating that only projects insured via the World Bank’s Multilateral Investment Guarantee Agency (MIGA) will be deemed eligible.

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VCM Report: CORSIA carbon futures bounce after ICAO formally approves new standard bodies

Published 17:16 on December 9, 2024  /  Last updated at 17:16 on December 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Eligible futures for CORSIA Phase 1 bounced higher on Monday after a late Friday announcement from UN agency ICAO confirmed four new standard bodies have been formally granted eligibility to supply credits to the international aviation offsetting scheme.

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Saudi Arabia offers Kenya $8 per carbon credit in COP16 VCM deal -media

Published 13:18 on December 9, 2024  /  Last updated at 13:18 on December 9, 2024  / /  Africa, Climate Talks, EMEA, International, Middle East, Voluntary

Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.

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International carbon registry partners with Iceland environment agency to develop offset project standards

Published 11:58 on December 9, 2024  /  Last updated at 11:58 on December 9, 2024  /  Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

An international carbon registry has partnered with Land and Forest Iceland, a government agency, to develop offset project standards and help advance the country’s climate initiatives.

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INTERVIEW: Book-and-claim deals could drive early adoption of low-carbon cement

Published 10:19 on December 9, 2024  /  Last updated at 10:19 on December 9, 2024  / /  Americas, US, Voluntary

Selling low-carbon cement through book-and-claim deals, which separate the emissions savings from the physical product that’s delivered, can help to scale up clean technologies by addressing the problems of geographic constraints and cost premiums, according to a manager at a clean cement developer.

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