BRIEFING: US data centres, AI growth add pressure for transmission permitting reform -panellists

Published 00:42 on December 3, 2024  /  Last updated at 00:42 on December 3, 2024  / /  Americas, US, Voluntary

As data centres and artificial intelligence drives electricity demand across the US, permitting wait times for transmission lines will need to be dramatically sped up in a number of ways, panellists said Monday, from limiting lawsuits against transmission projects to centralizing permitting authority in the federal government.

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Majority of large asset managers fail to use influence to drive climate policy -report

Published 00:01 on December 3, 2024  /  Last updated at 16:26 on November 27, 2024  / /  International, Voluntary

Most of the world’s largest insurers and pension funds — representing over $17 trillion in assets — fail to use their significant influence to advocate for climate policy in line with science-based pathways to net zero, according to new analysis by a non-profit.

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European country donates up to $21 mln to Brazil’s Amazon Fund

Published 23:34 on December 2, 2024  /  Last updated at 23:34 on December 2, 2024  / /  Americas, EMEA, Nature-based, South & Central, Voluntary

Brazil’s national development bank announced Friday that a European nation has donated up to $21.1 million to the Amazon Fund, aiming to help combat deforestation and promote sustainable development.

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INTERVIEW: US non-profit to launch Ethiopian methane carbon credit project

Published 20:36 on December 2, 2024  /  Last updated at 20:36 on December 2, 2024  / /  Africa, Americas, EMEA, US, Voluntary

A North Carolina-based research non-profit is set to launch a carbon credit project in Ethiopia with a US development agency, aiming to expand its approach for reducing enteric methane emissions from small farmers’ livestock in the developing world, representatives of the organisation told Carbon Pulse on the sidelines of COP29.

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VCM Report: Verra carbon credit retirements breach 7 mln as market shows signs of life

Published 16:53 on December 2, 2024  /  Last updated at 16:53 on December 2, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Retirements in the Verra voluntary carbon registry surged to just over 7 million last week, as the market started to show some life after having failed to ignite after the COP climate talks last month.

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BeZero launches standardised datasets for carbon project analysis

Published 16:18 on December 2, 2024  /  Last updated at 16:18 on December 2, 2024  / /  EMEA, International, Voluntary

Carbon credit rating provider BeZero has introduced standardised datasets with technical carbon data to simplify project analysis, the London-based agency announced on Monday.

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INTERVIEW: Tech company works with Amazon to leverage data centre waste for carbon removals

Published 13:00 on December 2, 2024  /  Last updated at 02:18 on December 3, 2024  / /  Americas, US, Voluntary

A tech company is developing its carbon removal technology in partnership with Amazon Web Services (AWS), enabling data centres to capture CO2 from waste heat and air flows.

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INTERVIEW: Powder to clean up harmful algae promises to quickly remove carbon

Published 11:48 on December 2, 2024  /  Last updated at 12:57 on December 2, 2024  / /  Americas, EMEA, Nature-based, US, Voluntary

A tech startup working to rid harmful algae growth from lakes and reservoirs believes it can remove carbon, avoid methane emissions, and restore biodiversity in a relatively simple way that can be funded by voluntary credits, the first of which are due to be sold from a project in Utah.

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Xpansiv launches carbon removals trading, lists 75k new forest credits

Published 09:29 on December 2, 2024  /  Last updated at 09:29 on December 2, 2024  / /  Americas, Aviation/CORSIA, EMEA, Nature-based, Paris Article 6, US, Voluntary

Xpansiv, an environmental market services provider, on Monday launched new spot exchange and portfolio management tools to support the trading and handling of carbon removal credits as a separate market segment.

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INTERVIEW: Article 6 decision marks ‘fundamental’ shift in landscape for project developers

Published 09:24 on December 2, 2024  /  Last updated at 09:24 on December 2, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

The breakthrough on Article 6, achieved in Baku last month, will have a huge impact on the ground in terms of project development, according to executives at a global association for the sector.

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