INTERVIEW: The legal red flags of dropping carbon removals into compliance schemes

Published 17:42 on September 24, 2024  /  Last updated at 17:42 on September 24, 2024  / /  EMEA, EU ETS, UK ETS, Voluntary

The undefined legal nature of a carbon credit, and the vast gulley between the cost of many new technologies and current allowance prices, are red flags cited by a lawyer reflecting on proposals to integrate carbon removals in compliance schemes.

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Three-quarters of voluntary carbon supply is ‘low quality and low price’ – report

Published 17:38 on September 24, 2024  /  Last updated at 17:38 on September 24, 2024  / /  International, Voluntary

Three-quarters of carbon projects in the voluntary carbon market (VCM) are ‘low quality and low price’, according to new research published on Tuesday.

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Biodiversity Pulse: Tuesday September 24, 2024

Published 16:49 on September 24, 2024  /  Last updated at 16:49 on September 24, 2024  / /  Biodiversity, Newsletters

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

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Next EU ETS revision to address carbon capture and removals, official says

Published 16:42 on September 24, 2024  /  Last updated at 16:45 on September 24, 2024  / /  EMEA, EU ETS

There will be a role for carbon removals in the late 2030s to address the residual emissions of agriculture and hard-to-abate industries in the European carbon market, an issue that will be addressed in the next revision of the ETS directive, an EU official confirmed on Tuesday.

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Hungary aims to address farmers’ CAP worries during its EU presidency

Published 16:31 on September 24, 2024  /  Last updated at 16:31 on September 24, 2024  / /  Climate Talks, EMEA, EU ETS

Hungary is expected to address European farmers’ concerns around the Common Agricultural Policy (CAP) – including on extreme weather associated with climate change and the Green Deal’s objectives – by the end of its rotating presidency of the EU Council, according to a minister.

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Few companies buying voluntary carbon credits as a ‘licence to pollute’, finds report

Published 16:21 on September 24, 2024  /  Last updated at 16:21 on September 24, 2024  / /  Africa, Americas, EMEA, Nature-based, Voluntary

Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.

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Global disclosure system, climate data platform expand partnership to provide information from 10,000 companies

Published 16:15 on September 24, 2024  /  Last updated at 16:15 on September 24, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, US, Voluntary

An open repository for private sector climate data and an independent environmental disclosure platform will expand their partnership to publicly share a core set of climate data from over 10,000 companies, the two organisations announced Tuesday.

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INTERVIEW: Elephant rewilder plans biodiversity credits from 84,000 hectares

Published 15:46 on September 24, 2024  /  Last updated at 15:46 on September 24, 2024  / /  Africa, Biodiversity, EMEA

A Zimbabwean elephant rewilding company is planning to more than double the area from which it will generate biodiversity credits up to 84,000 hectares, Carbon Pulse has learned.

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CWNYC24: Emissions registry announces three methodologies for projects reducing non-CO2 gases

Published 15:19 on September 24, 2024  /  Last updated at 17:08 on September 24, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

A recently launched registry focused on reducing non-CO2 planet-warming gases on Tuesday announced the release of three methodologies at Climate Week NYC.

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Guidance seeks to help private equity integrate carbon value into investment decisions

Published 15:13 on September 24, 2024  /  Last updated at 15:13 on September 24, 2024  / /  Americas, Asia Pacific, EMEA, Other APAC, US, Voluntary

A UK-based consultancy and a CEO-level private equity working group have released joint guidelines for integrating carbon valuation into investment decisions.

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