INTERVIEW: Carbon credits are financial instruments and will be regulated as such in Egypt

Published 16:38 on September 23, 2024  /  Last updated at 16:38 on September 23, 2024  / /  Africa, EMEA, Middle East, Voluntary

The Egyptian voluntary carbon market (VCM) is a capital market and will be regulated as such to ensure its financial credibility, Egypt’s top finance regulator told Carbon Pulse in an interview.

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VCM Report: Liquidity ticking higher, but voluntary carbon prices remain in the doldrums

Published 15:58 on September 23, 2024  /  Last updated at 15:58 on September 23, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Optimism continued to creep back into the voluntary sector last week, although most avoidance prices remained depressed as the market polarised between the cheap and the good quality.

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Researchers put forward blueprint for equitable benefit-sharing from carbon projects

Published 15:20 on September 23, 2024  /  Last updated at 15:20 on September 23, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Research published Monday outlined how carbon projects can ensure transparent compensation for Indigenous Peoples (IPs) and local communities (LCs) in a bid to move past recent criticism of the voluntary sector.

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ADB grants $500 mln loan to Indonesia for energy transition

Published 15:12 on September 23, 2024  /  Last updated at 15:12 on September 23, 2024  / /  Asia Pacific, Other APAC, Voluntary

The Asian Development Bank has approved a $500 million policy-based loan to help Indonesia accelerate its energy transition and achieve its net zero targets.

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Frontier inks fresh deal worth millions for river-based carbon removal

Published 14:57 on September 23, 2024  /  Last updated at 14:57 on September 23, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

Carbon removal buyers club Frontier has agreed a deal worth over $25 million for credits linked to river de-acidification from a Canadian firm.

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Carbon project developer to deploy MRV solution across 12 ARR projects in the Americas and the Pacific

Published 14:22 on September 23, 2024  /  Last updated at 14:22 on September 23, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

A project developer for Indigenous-led conservation projects will partner with an atmospheric-based digital monitoring, reporting, and verification (aMRV) solution provider to map 1 million acres across 12 Afforestation, Reforestation, and Restoration (ARR) projects.

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Denmark challenges EU Commission on export of banned pesticides

Published 14:18 on September 23, 2024  /  Last updated at 14:18 on September 23, 2024  / /  Biodiversity, EMEA

The Danish government has stepped forward to ask the European Commission to alter a law that allows EU companies to export pesticides banned in the bloc.

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Pertamina moves to expand role in emerging CCS market

Published 13:55 on September 23, 2024  /  Last updated at 13:55 on September 23, 2024  / /  Asia Pacific, Other APAC, Voluntary

Indonesian state-owned oil company Pertamina on Monday announced two of its subsidiaries have signed a Memorandum of Understanding (MoU) that over time will see the company enter the market for transport of liquid CO2 (LCO2).

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Euro Markets: EUAs continue recovery on gas gains as market anticipates options expiry

Published 13:25 on September 23, 2024  /  Last updated at 19:23 on September 24, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices strengthened on Monday as they built on Friday’s recovery, taking cues once again from a stronger TTF gas market, though analysts continued to point to technical indicators that could see prices break to the downside and highlighted possible volatility ahead of Wednesday’s options expiry.

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California-based VC firm closes $10-mln fund to support climate-tech startups

Published 13:21 on September 23, 2024  /  Last updated at 13:21 on September 23, 2024  /  Americas, US, Voluntary

A California-based venture capital firm focusing on climate technology has announced the closure of a $10-million decarbonisation fund that supports startups.

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