Early ARR crediting hinges on data resolution, transparency -webinar
Afforestation and reforestation projects should assess whether their remote-sensing can detect fine-scale biomass changes, particularly if they plan to issue credits early, attendees of a Wednesday webinar heard.
Read MoreCOMMENT: Beyond Offsets – Making Permanence the Foundation of Global Carbon Markets
Carbon markets should evolve to finance long-term ecological stewardship, not merely insure credits, argues Charles Bedford, Founder of Carbon Growth Partners and Professor at Hong Kong University of Science and Technology.
Read MoreNo new CDR bill this year, says California senator
A California state senator who has led recent efforts to legislate on carbon removals (CDR) will not introduce a new bill this year, instead calling to prioritise regulatory implementation and directing existing climate funds toward the sector, he said on Monday.
Read MoreVCM Report: Over 2 mln fresh CCP carbon credits come onstream as supply concerns for CORSIA mount
Over 2.1 million Core Carbon Principles (CCP)-labelled credits were issued last week – bringing overall tagged issuance close to 90 mln – but CORSIA credits came under pressure, fuelling concern in the airline industry expressing that operators may have to declare a force majeure if available credits under the UN’s aviation offsetting scheme don’t increase soon.
Read MoreKenya set to operationalise national carbon registry
Kenya is set to launch its national carbon registry this week, providing a digital platform designed to centralise tracking, verification, and management of carbon credits and emissions mitigation outcomes.
Read MoreBRIEFING: EU begins “exploratory work” to certify carbon removals from oceans
The European Commission convened an expert workshop last week to examine the CO2 sequestration potential of direct ocean carbon capture and storage (DOCCS) technologies, launching “exploratory work” towards possible EU wide certification.
Read MoreFEATURE: Market welcomes GHG Protocol’s new land use standard, but forestry gap and implementation questions raise concerns
The Greenhouse Gas Protocol’s long-awaited Land Sector and Removals Standard (LSRS) has been broadly welcomed as a major step forward for corporate carbon accounting of agriculture- and land-related emissions, though questions remain over implementation details, traceability rules, and the exclusion of forest carbon.
Read MoreVerra floats ‘major revision’ to agriculture land management method
Voluntary carbon market standard operator Verra has opened a consultation into a proposed “major revision” of its methodology to reduce emissions via improved agricultural land management.
Read MoreStructural failure, weak transparency and falling prices render VCM a “dead body”, argue researchers
Structural failings, lack of transparency, and weakening price signals have left the voluntary carbon market (VCM) a “dead body”, according to a new academic analysis that used the 2023 REDD+ integrity scandal to examine buyer behaviour and market dynamics.
Read MoreThailand clears carbon credits for futures trading ahead of climate law
Thailand’s cabinet has approved carbon credits to be traded on its exchange to strengthen price discovery ahead of a new climate change law, the Southeast Asian country’s finance minister announced this week.
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