EU groups urge Commission to create stronger market for carbon farming credits
A coalition of agricultural, climate, and carbon market organisations has called on the European Commission to take urgent action to ensure demand for carbon farming credits, warning that the success of the EU’s Carbon Removals and Carbon Farming (CRCF) regulation depends on creating a viable market for farmers.
Read MoreNodal launches new CORSIA, future and options contracts
Nodal Exchange launched several new environmental futures and options contracts, including for CORSIA.
Read MoreLATAM Roundup: Country regulations shape developers’ goals for project size, attributes
From Mexico to Brazil, state support and regulations appear to be influencing the scale and bonus attributes that carbon project developers plan for in their initiatives.
Read MoreFEATURE: 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 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 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 MoreGlobal biochar output nearly triples in two years as carbon market participation widens -industry report
Global biochar production has nearly tripled in the past two years and is projected to reach more than 9 million tonnes annually by the end of the decade, as the carbon removal technology moves from an emerging industry into large-scale commercial deployment, according to a new market report.
Read MoreTechnical assistance funding backs Congo sustainable land-use project
A sustainable land-use project in the Republic of the Congo has secured catalytic technical-assistance funding to support environmental and social studies aimed at advancing the project towards investment readiness.
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