COP16: Brazil’s mangrove carbon stock would be worth $8.7 bln as tradeable credits -study
If the entirety of Brazil’s blue carbon stock from mangroves were converted into tradeable tonnes of carbon, its value would total billions, as per an NGO study launched Thursday at COP16 in Cali, Colombia.
Read MoreAzerbaijan’s climate leadership questioned over human rights, reliance on gas
The European Parliament voted a resolution on Thursday questioning the choice of hosting the United Nation’s upcoming COP29 climate summit in Azerbaijan, a country it accuses of human rights violations and whose revenues come chiefly from the extraction of natural gas.
Read MoreEU suggests accrediting specialised certification bodies for carbon removals
The certification bodies that will issue carbon credits under the EU’s new Carbon Removal and Carbon Farming (CRCF) regulation could be accredited for a specific type of removal, the European Commission suggested on Wednesday.
Read MoreEuro Markets: Short-covering extends to second day, fuelling 2.7% gain as technical levels fall
European carbon prices advanced strongly for a second session on Thursday amid renewed short-covering in high volume, as the secondary market breached key technical levels and pulled energy prices higher, while UKAs ended their recent winning run.
Read MoreINTERVIEW: Real-time MRV promises greater transparency amid nature-based carbon credits scrutiny
Real-time atmospheric monitoring, reporting, and verification (MRV) could help restore credibility to nature-based carbon projects, the CEO of a greenhouse gas monitoring firm told Carbon Pulse.
Read MoreMethodology rejections at ICVCM are ‘markers for change’, CEO says
The rejection of methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM) is not a sign that they are not good, but that they need improvement as part of a collective process, the body’s chief executive said on Thursday.
Read MoreINTERVIEW: US carbon project intermediary adds first biochar project to portfolio
A US-based voluntary carbon market intermediary has added the first biochar project to its portfolio amid growing interest in CO2 removal (CDR) credits, the firm told Carbon Pulse.
Read MoreOil and gas exploration expected to rise despite COP28 commitments
Oil and gas exploration licensing is set to surge despite COP28 pledge to phase out fossil fuels, according to a new report.
Read MoreOcean-based carbon removals provider signs agreement with tech giant
A provider of ocean-based carbon removals has signed an agreement with a tech giant to provide carbon removals over the next 10 years.
Read MoreItalian waste-to-energy plant to integrate CCS technology funded by ETS revenues
An Italian waste-to-energy plant will apply carbon capture and storage to its processes, spending money collected through the EU Emissions Trading System (ETS).
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