Carbon market maker eyes superpollutant credits in partnership with ratings agency
A carbon removal market maker is partnering with a ratings agency as it expands its purchasing into the “ugly ducklings” of the carbon market – superpollutant credits, which it says are vital to averting imminent climate tipping points, the two announced on Tuesday.
Read MoreIETA proposes hybrid Article 6 model for Brazil, retaining half of mitigation outcomes at home
Brazil should consider an Article 6 strategy that allows the export of carbon credits while retaining 50% of mitigation outcomes for domestic climate targets, carbon trading industry group IETA said in a new report.
Read MoreCarbon removal registry seeks to certify credits under EU’s CRCF
A major carbon removal (CDR) registry will evolve to issue three different classes of credits, it said Tuesday, after announcing plans to certify units under the EU’s Carbon Removals and Carbon Farming (CRCF) scheme.
Read MoreBenin eyes carbon markets to help deliver new Paris climate plan
Benin has raised its climate ambition under a newly submitted Nationally Determined Contribution (NDC), pledging to cut greenhouse gas emissions by one-third over the next decade while positioning itself to tap international carbon markets under Article 6 of the Paris Agreement.
Read MoreNorth American organic fertiliser emissions below IPCC defaults, but swine manure emerges as hotspot -study
Nitrous oxide (N2O) emissions from North American agricultural soils amended with organic fertilisers are substantially lower on average than the default factors used in international greenhouse gas inventories, though certain manure types and management practices remain significant emissions hotspots, according to a new study.
Read MoreCarbon removals vulnerable to uncertain demand, concentration -report
Concentration among a handful of buyers, weakening prices, and policy uncertainty are threatening the scale-up of carbon removal (CDR) despite recent growth in the sector, according to a report released on Tuesday.
Read MoreF1 racing engineers play a role in soil carbon measurement breakthrough
A developer of enhanced rock weathering projects has worked with Formula 1 racing engineers on a new soil carbon measurement process that significantly reduces sampling time and associated emissions.
Read MoreVerra approves first jurisdictional and nested REDD+ carbon programme
Verra has approved its first-ever government-led REDD+ project, a milestone as countries seek to monetise the avoided deforestation sector under jurisdictional carbon crediting.
Read MoreIndia seeks feedback on additional carbon credit methods
India has opened a public consultation on two additional draft methodologies under the offset mechanism of its Carbon Credit Trading Scheme (CCTS), looking to expand the range of activities that could generate carbon credits.
Read MoreSouth African tour operator looks to lure tourists with carbon offset safari nights
Tourists on safari in South Africa can now offset their carbon emissions through a new partnership between a luxury tour firm and a grassland restoration project certified under Verra’s VM0042.
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