ICVCM still assessing cookstove carbon methodologies for CCP status, REDD+ announcement imminent
Discussions around clean cooking methodologies are still ongoing at the Integrity Council for the Voluntary Carbon Market (ICVCM), Carbon Pulse has learned, likely pushing to next month the decision that will determine which credits in the sector will be eligible for the Core Carbon Principles (CCPs) high-integrity badge.
Read MoreCarbon market standard setter recommends crediting bodies connect with CAD Trust
A global standard-setting organisation for carbon markets in a statement Thursday recommended that crediting programmes connect to the World Bank-backed Climate Action Data Trust (CAD Trust).
Read MoreAmazon deforestation falls by over 30%, records largest drop in 15 years
Deforestation in Brazil’s Amazon fell by more than 30% between Aug. 2023 and July 2024, marking the most significant percentage drop in 15 years, according to government data.
Read MoreNature mapping company launches project insights platform for greater transparency
A provider of audit-grade nature mapping insights has launched an online project insights platform to offer tracking of project performance and greater transparency into impact claims.
Read MoreBoardrooms increasingly fret about reaching net zero despite political backlash, finds survey
Momentum for net zero is building in the boardroom and leaders are refusing to abandon their plans, finds a survey of US and UK executives, despite a growing political backlash against the cost and pace of the green revolution that is expected to only intensify after the election of Donald Trump to the White House.
Read MoreAustralian bank cuts fossil funding, but accused of leaving “giant” loophole
The third Climate Report released Thursday by one of Australia’s top four banks showed it has cut more money for fossil fuels developers, but an activist shareholder group said it still has loopholes.
Read MoreEuro Markets: Midday Update
EU carbon prices firmed robustly on Thursday morning as energy markets initially strengthened on forecasts for cooler weather and modest renewable generation, before gas gave up almost all its gains on reports that Europe will have little difficulty sourcing supplies this winter.
Read MoreCOP29 climate finance goal must include massive boost for adaptation, says UN report
The new global finance goal that is due to be agreed at COP29 this month must include a massive boost for adaptation, according to a flagship UN report published on Thursday.
Read MoreAU Market: ACCU volumes surge as options drive derivatives market
Volumes in Australia’s compliance credit market are on track to beat last year’s by more than a third, and in October recorded its third-highest amount of trade of any month at 3.6 million Australian Carbon Credit Units (ACCUs), according to a report released Thursday.
Read MoreINTERVIEW: DAC credits can fall to $100/t, if projects offer something more, developer says
The cost of direct air capture credits can drop to $100 per tonne in the near term, by equipping the technology to do more than just remove carbon from the atmosphere, the chief development officer of a decarbonisation solutions provider has told Carbon Pulse.
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