Finance firm launches carbon stream vehicle to back AFOLU projects in Central Asia
A US‑based finance firm set up a carbon stream vehicle to back voluntary carbon market projects in Central Asia, targeting high‑integrity credits across land‑use and nature‑based categories.
Read MoreEU ETS could need carbon removals “safety valve” to avoid price surge if CCS, hydrogen rollout falters -report
The EU may need to integrate CO2 removals into its emissions trading system as a “safety valve” to prevent allowance prices from spiralling if deployment of carbon capture and storage (CCS) and green hydrogen infrastructure continues to lag expectations, according to a new report.
Read MoreEuropean forest carbon sink estimated to miss 2030 climate target by more than quarter
Europe’s forests are on course to miss a carbon sink target consistent with the EU’s 2030 climate goals by more than a quarter, as rising natural disturbances and continued harvesting erode their capacity to absorb emissions, according to a study published this week.
Read MoreBritish farmland study suggests soil carbon stocks may be significantly underestimated
UK farm soil carbon stocks may be significantly underestimated by current accounting methodologies, with early findings from a major British environmental baselining project indicating that at least 30% of soil organic carbon lies below the depth commonly measured in carbon assessments.
Read MoreSao Paulo launches Brazil’s first sugarcane ethanol BECCS pilot
Sao Paulo state has launched a five-year, R$30 million ($5.9 mln) programme to develop Brazil’s first bioenergy with carbon capture and storage (BECCS) pilot project for sugarcane ethanol.
Read MoreAbsolute Climate launches consultation on updated carbon accounting standard
Carbon accounting firm Absolute Climate has opened a month-long public consultation on an updated version of its Absolute Carbon Standard (ACS), introducing revisions to its framework for certifying removal activities and low-carbon products amid growing scrutiny of market integrity.
Read MoreChile chooses contractor to develop national registry, track Article 6 credits, compliance offsets
Chile has contracted a Sri Lanka-based technology provider to develop the country’s awaited unified national carbon registry to track domestic compliance units, carbon tax offsets, and Paris Agreement Article 6 credits.
Read MoreMicrosoft inks first Asian ERW removal credit deal with Indian firm
Microsoft has agreed to purchase up to 36,920 tonnes of CO2 removal credits from Indian enhanced rock weathering (ERW) developer Alt Carbon under a multi-year deal that marks the technology giant’s first ERW procurement agreement in Asia.
Read MoreEU must ensure international carbon credit rules enable scale as well as integrity, say experts
Brussels must strike a balance between scale and integrity when it designs its international carbon credit purchasing framework, market stakeholders said this week, as the Commission digests the results of its recent consultation on the matter.
Read MoreSierra Leone advances first Paris transparency report as carbon market ambitions grow
Sierra Leone is preparing its first Biennial Transparency Report (BTR) under the Paris Agreement as it seeks to strengthen the institutional foundations underpinning its participation in international carbon markets, according to insurer Oka following a recent visit to the West African country.
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