BRIEFING: Thailand carbon market coalesces around THB 50-200 price band as buyers, developers expect growth
Thailand’s voluntary carbon market is beginning to converge around a domestic price range of THB 50-200 ($1.50-6.10) per tonne of CO2 equivalent, with both buyers and project developers viewing the market positively in terms of climate action and future compliance, according to a survey.
Read MoreINTERVIEW: Adding carbon removals to UK ETS will guarantee a market – but not demand
The UK’s planned route for integrating greenhouse gas removals (GGRs) into its Emissions Trading Scheme (ETS) would give project developers access to the compliance market – but it would not guarantee the buyers, a former UK government official told Carbon Pulse.
Read MoreForest projects sequester carbon but fall short on biodiversity, ecosystem health -study
Most forest carbon projects analysed by a group of researchers failed to improve the wider ecological health of the land they cover, even when they succeeded in reducing deforestation, according to a new study.
Read MoreJapanese manufacturer, Finnish institute move direct ocean capture tech towards pilot testing
A Japanese electronics group and a Finnish research institute have advanced an electrochemical direct ocean capture (DOC) technology towards pilot-scale validation, the two announced this month.
Read MoreEthiopia drafts bill to include banking sector in carbon markets -local media
Ethiopia’s legislature is reviewing a draft Carbon Market Proclamation that would permit local commercial banks and financial institutions to participate directly in carbon trading, local daily Ethiopia Today reported.
Read MoreCarbon developer group elects Latin America specialist to leadership role
An international carbon project developer association has elected a Brazil-based project specialist as co-vice chair, adding Latin American experience to its leadership as it seeks to influence international carbon market rules.
Read MoreSoutheast Asian climate tech companies launch the first of nine biochar facilities producing carbon removal credits
Two climate‑tech companies have launched their first franchise biochar facility in Surat Thani, Thailand, producing carbon removal credits equivalent to more than 15,000 tonnes of CO2 annually, and said the model would be replicated across nine additional sites in Southeast Asia.
Read MoreMalaysia’s first biomass carbon project heads to auction
Malaysia’s first Verra-registered biomass carbon credit project is set to be auctioned in September, as the Southeast Asian country looks to build liquidity on its Bursa Carbon Exchange (BCX).
Read MoreJapanese voluntary standard introduces world’s first methodology for recycled auto parts
A voluntary standard has published what it claims to be the world’s first offset methodology for the use of recycled automotive components.
Read MoreBrazilian carbon project developer names new co-CEOs as it eyes expansion
A Sao Paulo-based carbon credit project developer announced on Monday it has appointed two new co-CEOs, as the company looks to grow its project pipeline.
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