Guyana increases voluntary carbon credit share of proceeds for Indigenous communities -media

Published 12:59 on August 20, 2024  /  Last updated at 12:59 on August 20, 2024  / /  Americas, Nature-based, South & Central, Voluntary

Guyana President Irfaan Ali announced this week at a national assembly on Indigenous affairs that the government would increase the percentage of voluntary carbon credit proceeds for Amerindian communities, counterbalancing lower earnings in 2024, according to local sources.

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Around half of Germans opposed to current carbon pricing approach

Published 12:29 on August 20, 2024  /  Last updated at 12:29 on August 20, 2024  / /  EMEA, EU ETS

Nearly half of the German population disapprove of the current domestic approach to CO2 taxation in transportation and heating, according to a new survey.

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Malaysian state govt body signs multiple MoUs for developing carbon, biodiversity projects

Published 11:37 on August 20, 2024  /  Last updated at 11:37 on August 20, 2024  / /  Asia Pacific, Nature-based, Other APAC, Paris Article 6, Voluntary

A provincial government body in Sarawak state in Malaysia has entered into several partnerships for the exploration and development of carbon offset projects based on nature-based solutions (NbS), renewable energy, and biodiversity conservation.

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Regen announces blockchain storytelling update for carbon, ecocredits

Published 11:32 on August 20, 2024  /  Last updated at 11:32 on August 20, 2024  / /  Americas, Biodiversity, International, Nature-based, US, Voluntary

US-based environmental credit platform Regen Network Development is trialling a feature to enable the publishing of project data, connected to blockchain, in a bid to improve the storytelling around their environmental credits.

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Buyers’ alliance shares CDR offtake agreement template

Published 11:04 on August 20, 2024  /  Last updated at 11:04 on August 20, 2024  / /  Americas, International, US, Voluntary

An advanced market commitment for carbon dioxide removal (CDR) has released a standardised offtake agreement template for deals in the nascent technology sector.

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Verra updates jurisdictional and nested REDD+ framework to align with CCP voluntary carbon label

Published 09:35 on August 20, 2024  /  Last updated at 09:35 on August 20, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Voluntary carbon standard Verra has updated its Jurisdictional and Nested REDD+ (JNR) Framework in order to align with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP) label, the standard announced Monday.

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Japan to support biochar, SAF projects in Southeast Asia

Published 09:19 on August 20, 2024  /  Last updated at 09:19 on August 20, 2024  / /  Asia Pacific, Japan, Other APAC, Voluntary

Japan has selected around a dozen climate and environment projects across Southeast Asia that will receive government funding, including programmes promoting the development of biochar, sustainable aviation fuels (SAF), and methane emissions reductions from rice production.

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BRIEFING: NZ market participants welcome slash in auction volumes, but fundamental questions remain

Published 09:10 on August 20, 2024  /  Last updated at 09:10 on August 20, 2024  / /  Asia Pacific, New Zealand

The coalition government’s decision to follow the Climate Change Commission’s advice on emissions trading scheme price settings and auction volumes has been broadly welcomed, participants told a conference Tuesday, but key issues relating to the scheme have yet to be resolved.

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Malaysia weighs carbon tax on big-emitting industries

Published 06:53 on August 20, 2024  /  Last updated at 06:53 on August 20, 2024  / /  Asia Pacific, Carbon Taxes, Other APAC, Voluntary

The Malaysian government is looking into implementing a carbon tax, particularly on big-emitting industries, and plans to attract green investments into the country, an official told a media conference Monday.

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South Korea national oil company to set up CCS business

Published 05:13 on August 20, 2024  /  Last updated at 05:13 on August 20, 2024  / /  Asia Pacific, South Korea

South Korea’s national oil and gas company has decided to set up a carbon capture and storage (CCS) business, with plans to promote projects both at home and abroad, local media reported.

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