INTERVIEW: Energy transition payments make fertile ground for carbon pricing

Published 20:07 on February 8, 2025  /  Last updated at 20:07 on February 8, 2025  / /  Americas, Asia Pacific, EMEA, International, Voluntary

The $5.2 billion Clean Technology Fund (CTF) is helping to sensitise developing country governments to carbon pricing by supporting energy transition finance and programming, according to an executive at the organisation.

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Brazilian state signs carbon credits MoU with environmental services firm

Published 01:14 on February 8, 2025  /  Last updated at 01:14 on February 8, 2025  / /  Americas, Nature-based, South & Central, Voluntary

A small Brazilian state signed an MoU on Friday with a Sao Paulo-based environmental services firm that entails a carbon project the pair said could be worth more than R$300 million ($51.7 mln).

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BECCS, DAC small factor in net-zero Canada -report

Published 23:43 on February 7, 2025  /  Last updated at 23:43 on February 7, 2025  / /  Americas, Canada, Nature-based, Voluntary

New projections by a federal regulator suggest carbon capture technologies like bioenergy power generation with carbon capture, utilisation, and storage (BECSS), and direct air capture (DAC) aren’t yet ready to play a major role in Canada’s net-zero future.

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California senator makes another attempt to set ground rules for CDR

Published 22:25 on February 7, 2025  /  Last updated at 22:25 on February 7, 2025  / /  Americas, US, Voluntary

A California senator introduced a CO2 removal (CDR) bill on Wednesday, the second attempt by the lawmaker to prescribe rules surrounding CDR development in the state in recent years.

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Kenyan energy company to tender 1.8 mln CDM carbon credits

Published 17:02 on February 7, 2025  /  Last updated at 17:02 on February 7, 2025  / /  Africa, EMEA, International, Kyoto Mechanisms, Voluntary

A Kenyan power company and carbon project developer will tender in February around 1.8 million carbon credits issued last year to geothermal energy projects under the UN’s Clean Development Mechanism (CDM).

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ERW could cut CO2 by up to 300 mln tonnes annually in US by 2050 -report

Published 14:07 on February 7, 2025  /  Last updated at 14:07 on February 7, 2025  / /  Americas, EMEA, Nature-based, US, Voluntary

Deploying basalt-based enhanced rock weathering (ERW) in US agriculture could remove between 160-300 million tonnes of CO2 annually by 2050, and 250-490 mln tonnes by 2070, according to a new study published this week.

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UK consultancy, online platform team up to scale nature markets

Published 12:54 on February 7, 2025  /  Last updated at 12:54 on February 7, 2025  / /  Biodiversity, EMEA, Nature-based, Voluntary

A UK-based consultancy has joined forces with a digital environmental marketplace to scale nature markets across the UK, seeking to reward farmers and landowners who implement biodiversity restoration projects.

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Global organisation launches first accounting standard for cocoa, outlines carbon removals framework

Published 12:01 on February 7, 2025  /  Last updated at 12:01 on February 7, 2025  / /  Americas, International, Nature-based, US, Voluntary

An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.

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INTERVIEW: Market needs to come to “acceptable compromise” to scale REDD+ projects

Published 11:37 on February 7, 2025  /  Last updated at 11:37 on February 7, 2025  / /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

International carbon market stakeholders, including standards, rating agencies, and bodies such as the Integrity Council for the Voluntary Carbon Market (ICVCM) and Science Based Targets Initiative (SBTi), must find a path to come to an agreement on REDD+ methodologies if they wish to scale projects in the sector, a market veteran told Carbon Pulse.

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Petrobras launches bioeconomy fund eyeing carbon, biodiversity credits

Published 11:17 on February 7, 2025  /  Last updated at 11:17 on February 7, 2025  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Brazilian state-owned oil company Petrobras has established a bioeconomy fund to support climate- and nature-focused initiatives in the country, with plans to target carbon and biodiversity credit projects.

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