VCM Report: Market hopeful for COP29 boost despite weak liquidity
Liquidity continued to drag in the voluntary carbon market in the last week of September amid the distraction of New York Climate Week, although the summit has stirred hopes of a breakthrough at COP29 in November.
Read MoreEuro Markets: EUAs post 6.7% loss in September as options-fuelled rally loses steam
European carbon allowance prices posted their second-worst September performance in the past 10 years as last week’s options-fuelled rally began to unwind while the annual compliance cycle came to an end and energy markets handed back some of their early gains.
Read MoreSaudi firm to launch voluntary carbon exchange at COP29 -media
A state-backed Saudi company created to scale up the voluntary carbon market (VCM) in developing countries will launch a trading platform at COP29 and seek to integrate regional markets, local media has reported.
Read MoreDATA DIVE: Britain’s coal achievement comes against backdrop of ever-increasing global consumption
On Sep. 30, Britain’s last coal-fired power plant in operation, at Ratcliffe-on-Soar in Nottinghamshire, powered electricity to the UK grid for the final time.
Read MoreMajority of buyers prefer carbon removals to avoidance, reductions -survey
A survey of voluntary carbon market (VCM) stakeholders has shown that nearly 90% of buyers do not plan to use ubiquitous reduction or avoidance credits in their corporate decarbonisation strategies.
Read MoreKenyan cookstove manufacturer secures $9 mln investment through carbon credit partnership
A Kenyan clean cookstove manufacturer has received a $9.2 million investment from a London-based financial firm, it announced Monday.
Read MoreEU agriculture policy failing on climate, auditors say
The EU’s Common Agricultural Policy (CAP) is failing on its green ambitions, despite its aim to increase environmental and climate ambition for the 2023-27 period, according to the European Court of Auditors (ECA).
Read MoreSingapore, Ghana issue first call for Article 6 projects
Singapore and Ghana on Monday issued their first call for projects under their Article 6 partnership, having set out the procedures for the authorisation of carbon offset projects meant to channel financing towards emissions reduction or removals in the African country.
Read MoreINTERVIEW: Making fuels from plastics using hydrogenolysis moves one step closer
Researchers at a Swiss university have made an important advance in the use of a hydrogen-based process for the chemical recycling of plastics, which could ultimately enable the conversion of plastic waste into fuels.
Read MoreOver 50 firms sign carbon removal standards commitment
More than 50 companies have signed the ‘Carbon Dioxide Removal Industry Commitments’, which aim to establish new standards to scale carbon removal in a bid to keep temperature warming to Paris Agreement goals.
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