EU ETS has not led to a drop in European port movement -draft report

Published 16:38 on October 4, 2024  /  Last updated at 16:38 on October 4, 2024  / /  EMEA, EU ETS

The inclusion of the maritime sector in the EU ETS has not led to a reduction in port calls or container movements at EU ports, nor in trans-shipment activity, according to a preliminary report by the European Commission.

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Integrating gender into carbon credit projects key to market credibility and outcomes -report

Published 14:30 on October 4, 2024  /  Last updated at 14:30 on October 4, 2024  / /  EMEA, International, Voluntary

Project developers should embed gender considerations into the design, implementation, and monitoring of carbon credit projects to boost market integrity and improve project outcomes, according to recent research.

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INTERVIEW: Demand for Article 6 units won’t suddenly boom in case of agreement

Published 14:04 on October 4, 2024  /  Last updated at 14:04 on October 4, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Paris Article 6

Demand for carbon credits aligned with Article 6 of the Paris Agreement is not going to suddenly spike if an agreement on rules to operationalise UN international carbon markets is found at COP29 at the end of the year, a senior EU negotiator told Carbon Pulse.

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Western Australian govt announces first nature tech accelerator cohort

Published 11:20 on October 4, 2024  /  Last updated at 11:20 on October 4, 2024  / /  Asia Pacific, Australia, Biodiversity

The government of Western Australia announced Friday the first cohort of six early-stage nature tech startups that will receive seed capital and expert support to scale their businesses under a newly launched accelerator programme.

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Civil society organisations worldwide urge not to be ‘fooled’ by biodiversity credits

Published 10:10 on October 4, 2024  /  Last updated at 10:10 on October 4, 2024  / /  Biodiversity, International

Over 270 civil society organisations and academics from around the world have penned a statement against the use of biodiversity credits and offsets, warning that market-based mechanisms pose significant risks to ecosystems and communities.

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Companies increasingly shift to internal carbon pricing to drive decarbonisation strategies

Published 09:46 on October 4, 2024  /  Last updated at 09:46 on October 4, 2024  / /  EMEA, International, Voluntary

Businesses are increasingly turning to internal carbon pricing (ICP) to drive their decarbonisation efforts, a webinar heard on Thursday.

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Nature-positive insurance practices gain traction, but faster integration needed, report says

Published 08:46 on October 4, 2024  /  Last updated at 08:46 on October 4, 2024  / /  Asia Pacific, Australia, Biodiversity

The concept of nature-positive insurance is building momentum in Australia as a way to address insurability challenges, but work must be done more quickly to integrate these practices more broadly, a report published Friday urged.

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Japanese companies team up to cut emissions from LNG value chain

Published 08:16 on October 4, 2024  /  Last updated at 08:16 on October 4, 2024  / /  Asia Pacific, Japan, South Korea

Dozens of companies in Japan have endorsed a government-backed initiative that aims to reduce methane emissions in the liquefied natural gas (LNG) value chain, according to local media reports.

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CP Daily: Thursday October 3, 2024

Published 03:41 on October 4, 2024  /  Last updated at 03:41 on October 4, 2024  /  Newsletters

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

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Australian carbon, biodiversity offset developer raising capital for Queensland assets

Published 03:35 on October 4, 2024  /  Last updated at 03:35 on October 4, 2024  / /  Asia Pacific, Australia

An Australian investment manager is raising A$6.6 million ($4.5 mln) for a fund that purchases agricultural land for carbon and biodiversity offset projects.

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