US-based carbon registry posts update to its methodology combatting ozone-depleting gases
A US-based carbon registry has posted changes to its methodology for earning voluntary carbon credits from transitioning to advanced refrigeration systems.
Read MoreColombian afforestation projects often use non-native species, unsuited ecosystems -study
A peer-reviewed study of dozens of afforestation, reforestation, and revegetation (ARR) projects in Colombia has found that while they have removed over 100 million tonnes of CO2, afforestation often uses non-native species or situates projects in ecologically inappropriate biomes.
Read MoreNew EU environment commissioner expresses support for developing nature credits
The newly confirmed EU environment commissioner at her hearing with the European Parliament on Tuesday evening said she will explore ‘well-designed’ nature credits during her tenure at the European Commission.
Read MoreUPDATE – UAE commits to near-50% emissions cuts in new UN national climate plan
The UAE has included steep emissions reduction levels in its third Nationally Determined Contribution (NDC), published Wednesday, pledging a 47% drop by 2035 compared to a 2019 baseline, though some observers remain sceptical about the stated increase in climate ambition.
Read MoreEuro Markets: EUAs drop for fifth time in six days despite afternoon rally as market digests US election result
European carbon prices fell for the fifth time in the last six days on Wednesday as early selling across energy markets on the back of the US election outcome gave way to a general afternoon rally, after positioning data showed investment funds had cut their bearish bets on carbon to the lowest in nine weeks.
Read MoreINTERVIEW: Carbon markets could shore up finance for Africa, but not at $10/t -economist
The voluntary carbon market (VCM) offers an opportunity to raise climate finance in Africa, but more needs to be done to raise the price of carbon and quell the volatility in order to unlock value on the ground, according to a high-profile African economist and former minister.
Read MoreBRIEFING: UK agriculture must rethink land use balance to meet net zero, weather global shocks
Big changes are needed in the UK’s agri-food system to reach net zero emissions and improve resilience to global shocks, including on carbon audits and reducing livestock numbers.
Read MoreEU’s new finance chief says she will stick with green agenda
The EU’s sustainable finance policy for the next five years will focus on implementing legislation agreed under the European Green Deal, said the EU’s commissioner-designate for financial services during a confirmation hearing on Wednesday.
Read More*Asia-Pacific Environmental Markets Correspondent, Carbon Pulse – Remote
*PREMIUM LISTING – We are looking for an Asia-Pacific Environmental Markets Correspondent to help us bolster and expand our coverage of carbon and other environmental markets. Carbon market experts without journalistic experience are also encouraged to apply.
Read MoreNew GCF policy to channel ‘hundreds of millions’ into REDD+
The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive “hundreds of millions” to developing nations, the organisation said this week.
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