US DOE to advance Trump’s inauguration plans
The US Secretary of Energy appears to be making good on President Donald Trump’s promise to “unleash” fossil fuels with a new order moving forward plans announced in the president’s inaugural speech.
Read MoreAnalysts expect record voluntary carbon credit retirements in 2025, excluding CORSIA demand boost
A carbon analytics firm has said it expects nearly 200 million tonnes CO2 in voluntary carbon market (VCM) retirements in 2025, with the possibility of substantially more if demand from the UN’s CORSIA international aviation offsetting scheme materialises.
Read MoreBrazil’s Pantanal has more than strong potential for carbon projects -report
Brazil’s Pantanal biome – which represents the world’s largest wetlands area – has the potential to host carbon credit projects on 1.2 million hectares, according to a report by a Brazilian think tank.
Read MoreClean Cooking Alliance seeks feedback on code of conduct ahead of ICVCM decision
The Clean Cooking Alliance (CCA) is seeking feedback on a new code of conduct to ensure responsible financing in the sector, as it waits to discover if any carbon crediting methodologies pass the Integrity Council of the Voluntary Carbon Market’s (ICVCM) quality test in the coming months.
Read MoreGoogle spent over $100 mln on carbon removals in 2024
US tech giant Google spent over $100 million on contracting carbon removal last year, three times more than it had initially planned, the company said Thursday, hinting it would continue to scale up investment in the sector this year.
Read MoreMore clarity needed on implementation of EU carbon removal regulation -IETA
International emission trading association IETA has said more clarity is needed on how the EU’s Carbon Removals and Carbon Farming (CRCF) regulation will be implemented in a paper published Thursday.
Read MoreUS stops funding for LEAF Coalition amid wider foreign aid suspension
Washington has suspended funding for the forest finance LEAF Coalition initiative as part of a wider withdrawal from foreign aid under the new administration of President Donald Trump.
Read MoreEnvironmental standard launches consultation on nature stewardship credit framework
An environmental standard announced on Thursday it has opened a public consultation on its framework for Nature Stewardship Credits (NSCs), setting out eligibility criteria for biodiversity conservation and restoration projects with demonstrated social benefits.
Read MoreMadagascar “enthusiastic” about Article 6, plans to develop national registry
Madagascar is keen to get involved with Article 6 of the Paris Agreement and is aiming to develop a national registry and standards to start generating credits, the country’s Designated National Authority (DNA) said on Thursday.
Read MoreSouth African exchange sees first trade of voluntary carbon credits
The Johannesburg Stock Exchange (JSE) has seen the first trades of carbon credits, which are eligible to be used as offsets against the country’s carbon tax, the exchange announced Thursday.
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