Carbon removal platform opens first reforestation protocol for public consultation

Published 17:00 on October 17, 2024  /  Last updated at 13:46 on October 17, 2024  / /  EMEA, International, Nature-based, Voluntary

A technology-focused carbon removal programme has for the first time launched a public consultation on a reforestation protocol, the company announced on Thursday.

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CP Daily: Wednesday October 16, 2024

Published 04:26 on October 17, 2024  /  Last updated at 04:26 on October 17, 2024  / /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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BRIEFING: California watchdog expedites annual report in anticipation of cap-and-trade programme reauthorisation talks

Published 04:19 on October 17, 2024  /  Last updated at 04:19 on October 17, 2024  / /  Americas, Canada, US

California’s carbon market watchdog targets an early-2025 publication of its 2024 annual report in tandem with expected conversations in the state legislature regarding extension of the WCI cap-and-trade programme, committee members discussed Wednesday.

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Wood density an overlooked factor in calculating forest carbon stocks -study

Published 22:27 on October 16, 2024  /  Last updated at 22:27 on October 16, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Temperature and soil moisture play a critical role in shaping the wood density of trees, which in turn acts as key factor in determining forest carbon stocks, a new study has found.

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Specialist insurance firm, carbon project experts team up to reduce VCM investor risk

Published 20:51 on October 16, 2024  /  Last updated at 20:51 on October 16, 2024  /  Nature-based, Voluntary

A specialist insurance firm has partnered with a carbon project ratings agency and data platform to offer a suite of insurance products aimed at mitigating the risks inherent in the voluntary carbon market.

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INTERVIEW: Carbon removal venture buys credits from Indian ERW partner at $200/t

Published 11:30 on October 16, 2024  /  Last updated at 09:02 on October 16, 2024  / /  Asia Pacific, EMEA, Other APAC, Voluntary

A carbon removal buyers club has signed a deal with an enhanced rock weathering (ERW) company, adding credits from Asia to its portfolio for the first time at an average price of $200 per tonne.

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GGGI launches facility to catalyse $500 mln for ITMO purchases by 2030

Published 11:15 on October 16, 2024  /  Last updated at 11:15 on October 16, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, South Korea, Voluntary

The Global Green Growth Institute (GGGI) has launched a facility to support scaling of international carbon trading under Article 6 of the Paris Agreement and catalyse up to $500 million solely for the transactions of Internationally Transferred Mitigation Outcomes (ITMOs) by 2030, it announced Wednesday.

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Australia Market Roundup: Complaint launched against Qantas “fly neutral” claims, ACCU issuance increases   

Published 08:22 on October 16, 2024  /  Last updated at 09:45 on October 16, 2024  / /  Asia Pacific, Australia, Aviation/CORSIA

An environmental legal group has submitted a greenwashing complaint to Australia’s consumer watchdog over airline Qantas’ “fly carbon neutral” product and its broader sustainability claims. 

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CP Daily: Tuesday October 15, 2024

Published 02:53 on October 16, 2024  /  Last updated at 02:53 on October 16, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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Finnish waste management company produces first biodegradable plastic from CO2 emissions

Published 13:50 on October 15, 2024  /  Last updated at 13:50 on October 15, 2024  / /  EMEA, Voluntary

A Finnish waste management and circular solutions company has become the world’s first to produce biodegradable plastic from CO2 emissions using carbon capture and utilisation (CCU), the firm announced on Tuesday.

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