Irish platform for carbon credits with biodiversity co-benefits launches

Published 04:07 on May 15, 2024  /  Last updated at 04:07 on May 15, 2024  / Thomas Cox /  EMEA, Nature-based, Voluntary

Marketplace ConnectGreen on Wednesday launched a platform for voluntary carbon credits with biodiversity co-benefits focused on smallholder projects in the Republic of Ireland.

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Cement and lime consortium urges UK govt to accelerate market uptake of CCS

Published 04:02 on May 15, 2024  /  Last updated at 05:28 on May 15, 2024  / Bryony Collins /  EMEA, UK ETS, Voluntary

A consortium of cement and lime producers together with an energy company are calling on the UK government to speed up routes to market for commercially mature carbon capture and storage (CCS) projects in order to unlock private investment and allow the country to meet its net zero target.

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‘Over-protection and over-regulation’: Think tank issues scathing criticism of EU Green Claims Directive

Published 03:12 on May 15, 2024  /  Last updated at 03:12 on May 15, 2024  / Frédéric Simon /  EMEA, Nature-based, Voluntary

With the Green Claims Directive, EU legislators seem to be mistakenly seeking to regulate the voluntary carbon market rather than laying down rules for companies to communicate their green credentials to consumers, according to a leading climate think tank.

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Voluntary carbon standard releases methodology to credit electrification in shipping

Published 01:42 on May 15, 2024  /  Last updated at 01:42 on May 15, 2024  / Roy Manuell /  Americas, Asia Pacific, EMEA, International, Shipping, Voluntary

A large voluntary carbon credit issuing body has released a methodology crediting the electrification of energy supply for ships when shore-side or offshore, active from Wednesday.

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Japanese developer partners with government-backed agricultural organisation on rice projects

Published 01:21 on May 15, 2024  /  Last updated at 01:21 on May 15, 2024  / Chia-Erh Kuo /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

A Japanese carbon project developer has partnered with a regional government-backed agricultural organisation to promote credit-generating rice projects, as it seeks to broaden its presence in Vietnam’s voluntary market.

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Asian carbon project developers say caught between evolving regulations, updating methodologies

Published 23:00 on May 14, 2024  /  Last updated at 00:19 on May 15, 2024  / Mark Tilly /  Asia Pacific, CBAM, International, Nature-based, Other APAC, Paris Article 6, Voluntary

Voluntary carbon project developers are struggling to keep up with the rapidly changing landscape of new methodology updates and emerging government regulations in Asia, participants told a conference this week.

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State-owned oil major determined to make Malaysia regional CCS hub

Published 22:40 on May 14, 2024  /  Last updated at 22:40 on May 14, 2024  / Nikita Pandey /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

Malaysian oil and energy company Petronas intends to provide solutions to decarbonise hard-to-abate sectors and establish the Southeast Asian nation as the regional hub for carbon capture and storage (CCS), it told a conference this week.

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Czech project developer to generate up to 50,000 voluntary carbon credits from Chilean land

Published 16:21 on May 14, 2024  /  Last updated at 16:21 on May 14, 2024  / Allison Gacad /  Americas, EMEA, Nature-based, South & Central, Voluntary

A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.

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Airlines face CORSIA carbon credit supply shortfall by 2030, analysts warn

Published 16:14 on May 14, 2024  /  Last updated at 16:14 on May 14, 2024  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Demand for carbon credits deemed eligible under the UN’s CORSIA aviation offsetting scheme will exceed supply by the end of the decade in the absence of new offset sources, analysts predict.

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BRIEFING: UK launches roadmap for high-integrity marine natural capital markets

Published 16:01 on May 14, 2024  /  Last updated at 11:06 on May 14, 2024  / Bryony Collins /  Biodiversity, EMEA, Nature-based, Voluntary

The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services.

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