FEATURE: New SBTi corporate climate standard sets meaningful internal carbon pricing goalposts, say experts
The introduction of specific price anchors for companies choosing to set an internal carbon price under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, will help to ‘avoid race-to-the-bottom dynamics’ and provide viable financial support to many carbon projects, according to experts.
Read MoreBRIEFING: Global governments urge Brussels to simplify CBAM compliance rules
Governments around the world have urged the EU to simplify what they describe as overly prescriptive and complex requirements for complying with its Carbon Border Adjustment Mechanism (CBAM).
Read MoreCarbon investor hires new senior leadership member from removal developer
A carbon markets investment firm has hired a new client solutions director from an enhanced rock weathering (ERW) developer, it was announced Monday.
Read MoreGuyana sees boom year for J-REDD+ revenues with nearly $200 mln income
Guyana’s jurisdictional REDD+ (J-REDD+) programme is blowing past prior annual revenue figures, bringing in some $196 million this year, according to Carbon Pulse calculations based on statements made by the government.
Read MoreNorway launches plans for CCS auction, seeking to fund carbon removals with up to €1.7 bln
The Norwegian state energy agency, Enova, is looking to launch an auction scheme for carbon capture and storage, open to a wide variety of technology types and with a budget ceiling of €1.7 billion for carbon removal, the agency announced on Monday.
Read MoreEnvironmental commodity procurement platform acquires Singapore supply-side intermediary
A Seoul-headquartered procurement platform for Renewable Energy Certificates (RECs) and carbon credits has acquired a Singapore-based consultancy, it announced Monday.
Read MoreIndonesia targets export sale of 30 mln forestry carbon credits in July
Indonesia is looking to launch an international sale of forestry carbon credits next month, offering more than 30 million tonnes of emission reductions to global buyers, according to officials.
Read MoreEnvironmental groups challenge EU’s new carbon removal rules over ‘greenwashing’ risks
A coalition of environmental NGOs has triggered an internal review of the European Commission’s newly adopted methodologies for biogenic carbon removals, arguing they breach the EU’s Carbon Removals and Carbon Farming (CRCF) Regulation and could end up increasing emissions rather than cutting them.
Read MoreVerra reinstates four more Chinese projects after review
Carbon standard Verra has reinstated four additional Chinese forestry and grassland carbon projects following a review of their government authorisations, according to a developer.
Read MoreAustralian tech company divests from sustainability platforms business to focus on biochar project development
ASX-listed digital infrastructure company NoviqTech on Monday annouced a CEO shakeup and the complete divestment of its supply chain traceability platforms in a move to pivot the company’s focus to its carbon removal (CDR) business.
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