Stakeholders call on GHG Protocol standards to make comparing corporate emissions accounting easier
The GHG Protocol has published a summary of stakeholder responses on its corporate emissions accounting standards, which includes details on market-based approaches and the use of voluntary carbon credits.
Read MoreThai govt seeks consultation on second climate change bill, with market provisions
The government of Thailand has put out the second draft of its climate change bill for consultation until mid-April even as it will be considered for cabinet approval not before June 2024, with provisions for several market-based mechanisms to drive emissions cuts.
Read MoreJapan updates carbon offset guidelines to align with international standards, selects latest JCM projects
Japan has updated its guidelines to provide more clarity on the quality of offsets, as the country seeks to align its domestic framework with international efforts to improve the integrity of the voluntary carbon market.
Read MoreIndonesia Business Council publishes wish-list for country’s carbon market
Encouraging the government to calculate GHG emissions limits and grant funding to industrial players are key priorities Indonesia’s peak business group wants to help nurture its carbon market, according to recommendations published this week.
Read MoreMicrosoft inks latest purchase of 95,000 voluntary CDR credits after string of deals
Microsoft has signed a pre-purchase agreement with a Swiss carbon project developer for 95,000 voluntary carbon removal (CDR) credits from a biochar facility in Mexico, following shortly after Shell struck a similar deal.
Read MoreDutch civil rights group warns “wider investigation” findings will follow Kenyan REDD carbon project scandal
A Dutch civil rights campaigner group has placed the avoided deforestation voluntary carbon sector on red alert with a pledge to soon publish a ‘wider investigation’ on offsetting and human rights, which builds on its covert probe that uncovered sexual offences by senior staff at a Kenyan project.
Read MoreDrax to pay €400/t in BECCS voluntary carbon removals deal
Drax has agreed to purchase 1,000 tonnes of bioenergy with carbon capture and storage (BECCS) removals credits from a Norwegian supplier for €400 per tonne.
Read MoreAfrican cookstove carbon project developer attracts $18 mln in funding
A cookstove manufacturer and project developer has attracted $18 million from a carbon investor and a private equity group to fund the production and distribution of cookstoves across Africa that will generate voluntary credits.
Read MoreParis-based carbon accounting firm raises $52 mln in Series B
A French climate tech startup has raised has raised $52 mln in Series B funding as it seeks to grow a service to help small- and medium-sized businesses track their carbon emissions.
Read MoreMajor carbon credit standards denied full eligibility for CORSIA Phase 1
UN aviation body ICAO has decided to keep major voluntary carbon standards under ‘conditional’ approval for Phase 1 of CORSIA (2024-26), meaning their credits are not yet eligible for use by airlines during the current stage of the international offsetting scheme.
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