Investors should start with materiality when addressing Scope 3 emissions -report

Published 14:48 on September 6, 2024  /  Last updated at 14:48 on September 6, 2024  / /  EMEA, International, UK ETS, Voluntary

Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.

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Analysts propose carbon clearing house to support integration of carbon removals in UK ETS

Published 14:08 on September 6, 2024  /  Last updated at 14:08 on September 6, 2024  / /  EMEA, UK ETS

In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a ‘Carbon Clearing House’, to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.

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Wetland restoration project in Italy to sell biodiversity tokens, two European companies to buy

Published 13:39 on September 6, 2024  /  Last updated at 13:39 on September 6, 2024  / /  Biodiversity, EMEA, International

A wetland restoration project in Italy is set to generate the first batch of tokenised biodiversity credits, with two large European companies ready to buy them, Carbon Pulse has learned.

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INTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch

Published 13:36 on September 6, 2024  /  Last updated at 13:36 on September 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits – a challenge that could well continue into the second phase, according to one expert.

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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend

Published 13:35 on September 6, 2024  /  Last updated at 13:35 on September 6, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong activity from the Paris 2024 Olympic and Paralympic Committee.

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Higher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts

Published 13:20 on September 6, 2024  /  Last updated at 13:20 on September 6, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, UK ETS

EU emissions and carbon prices could rise as a result of the bloc’s Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.

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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Published 11:49 on September 6, 2024  /  Last updated at 11:49 on September 6, 2024  / /  Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.

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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns

Published 11:00 on September 6, 2024  /  Last updated at 11:00 on September 6, 2024  / /  Asia Pacific, Australia

An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.

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Forest biodiversity unit pilot launches in Congo

Published 10:59 on September 6, 2024  /  Last updated at 10:59 on September 6, 2024  / /  Africa, Biodiversity, EMEA

A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.

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CN Markets: CEAs moves near 93 yuan, weekly trading volume stable

Published 10:26 on September 6, 2024  /  Last updated at 10:26 on September 6, 2024  / /  Asia Pacific, China

Chinese carbon allowance prices saw a modest recovery over the past week with stable trading volumes, as analysts remained cautious about the whole-year price outlook due to a newly introduced policy.

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