Small batch of European soil carbon credits trade at over €50 per unit, 5 mln more in pipeline
A small batch of an anticipated 5 million European soil carbon credits from one developer have traded at an average of just over €50 a credit.
Read MoreNbS developer eyes Ukraine soil carbon credits before 2030
A Dutch nature-based (NbS) project developer has completed a two-year assessment of soil carbon opportunities across Eastern Europe and launched a full feasibility study in Ukraine that could lead to carbon credit issuance before 2030, it announced Thursday.
Read MoreUkraine adopts Article 6 pilot framework, national carbon registry rules
Ukraine has adopted a two-year framework on Wednesday to test procedures for authorising, issuing, and transferring mitigation outcomes under Article 6 of the Paris Agreement, alongside rules for a national carbon registry.
Read MoreCLARIFICATION – INTERVIEW: Engineering advisory determines water-based CCS startup to be competitive with traditional amine-based methods
A US carbon capture and storage (CCS) startup announced on Thursday positive analysis from a large, independent engineering consultancy about the price competitiveness of its water-based technology, the founder told Carbon Pulse.
Read MoreLack of bankable offtake agreements stalls carbon financing
The carbon industry still faces a critical financing bottleneck as traditional lenders remain sidelined by a lack of bankable offtake agreements, despite growing support for early-stage projects, a conference heard Thursday.
Read MoreBiogas carbon project secures approval from Kenya, eyes Article 6, CORSIA trade
A Kenyan biogas project has announced it has secured formal approval from the country’s government, eyeing Article 6 trade, just days after a government minister said the number of credits allowed for international sale would be limited to around 10 million until 2030.
Read MoreFEATURE: Carbon buyers are eyeing new superpollutant credits for a quicker fix
As promises to tackle emissions in the short term butt heads with the realities of rising energy demand and pricey, early-stage carbon removal technologies, companies are increasingly looking for faster, easier wins – and driving a new market for superpollutant credits.
Read MoreUK carbon markets initiative appoints new chair
The UK Carbon Markets Forum (CMF) has appointed a new chair from a major global consultancy, as it seeks to accelerate the growth of global credit markets and deepen engagement across the financial sector.
Read MoreFragmented carbon credit rules could let developers “shop around” for weaker safeguards, report warns
Divergent rules for managing carbon reversal risks could weaken market integrity and encourage project developers to choose less demanding standards, according to a report released Thursday.
Read MoreOcean foundation puts up $17 mln for marine projects in Asia
A German-headquartered foundation opened a call for proposals this week, offering a total $17 million of funding to projects focused on establishing blue carbon schemes in marine protected areas, and Other Effective area-based Conservation Measures (OECMs) across four Asian countries.
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