US timberland company to issue 100,000 carbon credits in 2024

Published 12:38 on August 19, 2024  /  Last updated at 13:13 on August 19, 2024  / /  Americas, Canada, Nature-based, US, Voluntary

A Seattle-headquartered forestry firm will issue 100,000 improved forest management (IFM) carbon credits in 2024, according to the company’s Q2 results.

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Carbon ratings agency partners with UAE bank to ‘bring transparency’ to carbon markets

Published 12:02 on August 19, 2024  /  Last updated at 12:02 on August 19, 2024  / /  EMEA, Middle East, Voluntary

A carbon ratings agency has partnered with a bank to “bring transparency to carbon markets in the UAE”, the two companies said on Monday.

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Direct air capture project launches in France touting better energy efficiency

Published 12:00 on August 19, 2024  /  Last updated at 12:17 on August 19, 2024  / /  EMEA, Voluntary

A direct air capture and storage (DACS) project has launched in France, boasting high energy efficiency and representing the first onshore CO2 removal project of its kind in the EU, the developers claim.

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INTERVIEW: Shanghai Electric launches electrolyser that improves green hydrogen economics

Published 11:49 on August 19, 2024  /  Last updated at 11:49 on August 19, 2024  / /  Asia Pacific, China, EMEA, Voluntary

Shanghai Electric’s latest alkaline electrolyser will help to improve the economics of green hydrogen by being more energy efficient, boasting a higher production rate, an executive told Carbon Pulse.

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Entertainment company buys first biodiversity credits under UK govt-linked voluntary scheme

Published 11:43 on August 19, 2024  /  Last updated at 11:43 on August 19, 2024  / /  Biodiversity, EMEA

An interactive entertainment company has purchased the first batch of biodiversity credits generated through a nature restoration project in the UK at approximately £50 per unit, Carbon Pulse has learned.

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Japan’s MOL, others look to use animal manure to fuel factories, vessels

Published 10:34 on August 19, 2024  /  Last updated at 10:34 on August 19, 2024  / /  Asia Pacific, Japan, Nature-based, Shipping, Voluntary

A group of six organisations, including Japanese shipping firm  Mitsui OSK Lines (MOL), have come together to launch a feasibility study on the production and use of biomethane from animal manure in order to fuel the country’s factories and vessels, a statement released Monday said.

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Qatari organisation launches Article 6 carbon auction platform

Published 10:20 on August 19, 2024  /  Last updated at 10:20 on August 19, 2024  / /  EMEA, International, Middle East, Paris Article 6, Voluntary

A Qatar-based organisation has launched a new platform to host the auctioning of Internationally Transferred Mitigation Outcomes (ITMOs), it said Monday.

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DRC partnership launches carbon credit investment bank, forest certification strategy

Published 10:08 on August 19, 2024  /  Last updated at 10:08 on August 19, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A group of investors have announced a partnership focused on the certification and management of rainforest in the Democratic Republic of Congo, in collaboration with the government, with plans to launch a carbon credit investment bank, they said Monday.

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Ecuadorian committee votes to legalise carbon markets

Published 01:05 on August 19, 2024  /  Last updated at 01:05 on August 19, 2024  / /  Americas, Nature-based, South & Central, Voluntary

Ecuador’s subcommittee in charge of advising on environmental reforms for the national legislature voted Saturday to explicitly permit carbon trading, bringing the country one crucial step closer to endorsement after over 15 years of repudiation.

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CP Daily: Friday August 16, 2024

Published 03:37 on August 17, 2024  /  Last updated at 03:37 on August 17, 2024  / /  Newsletters

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

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