COMMENT: Look Beyond Binaries for Climate Progress
Echoing A Tale of Two Cities, today’s climate transition is marked by both unprecedented progress and mounting headwinds, and overcoming false binaries will be critical to unlocking the capital and action needed at scale.
Read MoreNew Zealand launches assurance framework to scale voluntary carbon, nature markets
The New Zealand government on Monday unveiled its strategy to scale the country’s voluntary carbon and nature markets, focusing on unlocking private funding for restoration projects.
Read MoreICVCM approves Qatar-based standard body for CCP label
A fresh wave of quality-marked credits could soon flood the market after the Integrity Council for the Voluntary Carbon Market (ICVCM) awarded Core Carbon Principle (CCP) status to another standard body, approved a new methodology for the badge, and said two other methodologies could meet its high integrity status with tweaks, while failing two more.
Read MoreGhana signs climate cooperation agreements to support carbon market development -media
Ghana has signed 10 non-binding cooperation agreements with international institutions to support carbon market development, climate finance, renewable energy, and climate-resilient agriculture, a government official said Wednesday.
Read MoreNo response from Chinese developer requested to replace credits, says Verra
Verra is unable to reach a project proponent that was asked to replace credits from four Chinese projects that were found to have fallen foul of the standard body’s regulations, the voluntary carbon standard body told Carbon Pulse this week.
Read MoreBRIEFING: Investors seeking ‘golden credit’ to hedge their bets in fast-evolving carbon markets -expert
Carbon investors are increasingly seeking projects that can supply a “golden credit” with multiple routes to market due to uncertainty about how demand will evolve, according to a ratings agency.
Read MoreMicroalgae biomass could capture urban CO2 at half the cost of conventional DAC, study says
Microalgae-based direct air capture (DAC) systems can sequester CO2 at less than half the cost of conventional technologies while generating carbon credits and biomass revenue, a recent study has found.
Read MoreManaged forests anchor Congo Basin carbon sink, but half of stocks at risk, researchers warn
Managed rainforests across the Congo Basin absorb more carbon and account for nearly all net removals in the region, though half of these stocks are at “significant risk of rapid loss”, according to new research.
Read MoreOver-crediting in REDD+ not driven by “unobserved” variables -analysis
Researchers have pushed back against industry claims that flaws in academic analysis explain apparent over-crediting in avoided deforestation projects, finding instead that “unobserved” local variables are unlikely to account for the large gap between estimated and claimed emissions reductions.
Read MorePhase 1 CORSIA supply on target to hit 154 mln carbon credits -report
Some 154 million credits are likely to be insured and authorised in time for CORSIA’s Phase 1 deadline for meeting offsetting obligations, according to a data aggregator.
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