Carbon removal experts debate options for EU’s future central registry

Published 10:08 on September 24, 2024  /  Last updated at 10:08 on September 24, 2024  / /  EMEA, Voluntary

With a central EU carbon removal registry due to be established by the end of 2028, experts this week discussed rules to ensure a smooth  exchange of data and avoid issues such as the double counting of carbon credits.

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INTERVIEW: Lobby group sees more EU-UK collaboration on CCS under new Labour government

Published 09:36 on September 24, 2024  /  Last updated at 09:36 on September 24, 2024  / /  EMEA, EU ETS, UK ETS

There is significantly more willingness for EU-UK collaboration on carbon capture and storage (CCS) since the Labour party was elected to office in July, an executive at a European CCS lobby group told Carbon Pulse, saying they expected joint announcements on cooperation in the coming months.

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Singapore bank moves on EUA trade for Asian shippers as ETS expands

Published 09:25 on September 24, 2024  /  Last updated at 09:25 on September 24, 2024  / /  Asia Pacific, EMEA, EU ETS, International, Other APAC, Shipping

Singapore’s DBS bank announced Tuesday it will offer financing and hedging services for allowances under the EU  Emissions Trading Scheme (EU ETS) as shipping companies outside the EU are now included in emissions calculations, becoming the first Southeast Asian bank to do so.

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ART programme publishes Brazilian state’s REDD+ concept

Published 08:45 on September 24, 2024  /  Last updated at 08:45 on September 24, 2024  / /  Americas, Nature-based, South & Central, Voluntary

The Secretariat of the ART carbon credit standard on Tuesday announced it has approved a listing for a Brazilian state under its TREES jurisdictional certification programme.

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Carbon data platform halts partnership with non-profit in DRC

Published 08:36 on September 24, 2024  /  Last updated at 08:36 on September 24, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A forest carbon data provider has suspended its collaboration with a non-profit based in the Democratic Republic of Congo (DRC) following questions regarding the organisation’s agreements with the government of DRC and concessions for carbon credit development in the country.

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Shanghai to auction off 2.8 mln carbon allowances under local scheme

Published 08:32 on September 24, 2024  /  Last updated at 08:32 on September 24, 2024  / /  Asia Pacific, China

The Shanghai government will auction off 2.8 million carbon allowances under the local emissions trading scheme a the end of this month to ensure regulated emitters can meet their compliance requirements.

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COP28 clean energy targets at risk without stronger action, finds report

Published 06:01 on September 24, 2024  /  Last updated at 17:48 on September 23, 2024  / and /  Americas, Asia Pacific, Climate Talks, EMEA, International

The world is on track to miss the clean energy targets agreed at COP28 without stronger and more urgent action, according to a new report.

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Safeguard ACCU holdings continue to grow as issuance climbs

Published 05:32 on September 24, 2024  /  Last updated at 05:32 on September 24, 2024  / /  Asia Pacific, Australia

Entities covered under Australia’s Safeguard Mechanism have continued to hoard carbon credits to meet their expected compliance demand as unit issuance grows, albeit not as fast as the Clean Energy Regulator (CER) previously expected.

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CP Daily: Monday September 23, 2024

Published 05:29 on September 24, 2024  /  Last updated at 05:29 on September 24, 2024  /  Newsletters

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

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UPDATE – Most corporate climate action leaders based in Europe, says report

Published 05:01 on September 24, 2024  /  Last updated at 16:19 on September 25, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

A global non-profit think tank that assesses leadership in corporate climate policy engagement has found that 23 out of 40 top performers are headquartered in Europe.

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