BRIEFING: Business groups nervous as final talks near on EU’s Green Claims Directive

Published 11:56 on September 20, 2024  /  Last updated at 11:56 on September 20, 2024  / /  EMEA, Voluntary

As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.

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Australian state pulls together big data for better CCS mapping

Published 11:26 on September 20, 2024  /  Last updated at 11:26 on September 20, 2024  / /  Asia Pacific, Australia

The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.

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CN Markets: CEA price rebound to 90 yuan level, trading volumes increase

Published 11:21 on September 20, 2024  /  Last updated at 11:21 on September 20, 2024  / /  Asia Pacific, China

Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline. 

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Environmentally harmful subsidies grow to $2.6 trillion per year, study says

Published 11:15 on September 20, 2024  /  Last updated at 11:15 on September 20, 2024  / /  Biodiversity, International

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.

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Japanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania

Published 11:09 on September 20, 2024  /  Last updated at 11:09 on September 20, 2024  / /  Africa, Asia Pacific, Biodiversity, EMEA, Japan

A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.

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Airline operators face future CORSIA compliance risk as Article 6 negotiations drag on -report

Published 10:22 on September 20, 2024  /  Last updated at 10:22 on September 20, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.

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INTERVIEW: Biodiversity credit rebranding into ‘nature asset’ could unlock corporate demand

Published 09:05 on September 20, 2024  /  Last updated at 09:05 on September 20, 2024  / /  Americas, Biodiversity, South & Central

A Brazil-based biodiversity and carbon developer is considering transitioning from a ‘credit’ to a ‘nature asset’ approach in a bid to attract corporate funding, the company told Carbon Pulse.

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AU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake

Published 08:00 on September 20, 2024  /  Last updated at 08:00 on September 20, 2024  / /  Asia Pacific, Australia

One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.

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Carbon credit platform, French utility subsidiary in partnership to boost transparency, innovation in VCM

Published 07:46 on September 20, 2024  /  Last updated at 07:48 on September 20, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

A France-based carbon crediting platform is teaming up with the subsidiary of a state-owned utility in the country to “promote transparency and innovation” in the voluntary market.

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US investment manager launches venture to earn carbon credits from planting oyster farms

Published 07:09 on September 20, 2024  /  Last updated at 07:09 on September 20, 2024  /  Americas, Nature-based, US, Voluntary

A US-based investment manager has launched a new company with the goal of generating carbon credits through planting 6 million oysters in the Chesapeake Bay.

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