Second human-induced regeneration ACCU project gateway report calls for a focus on in-situ monitoring

Published 07:33 on September 3, 2024  /  Last updated at 07:33 on September 3, 2024  / /  Asia Pacific, Australia

A report into Australia’s human-induced regeneration (HIR) projects has argued that on-the ground, or ‘in-situ’, reporting measures are crucial to ensure abatement assurance, because national datasets are unreliable in the remote areas where projects are located.

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CP Daily: Monday September 2, 2024

Published 02:53 on September 3, 2024  /  Last updated at 02:59 on September 3, 2024  /  Newsletters

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

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Doubling of carbon removal credit prices essential to sustain regenerative agriculture in US -study

Published 23:32 on September 2, 2024  /  Last updated at 02:43 on September 3, 2024  /  Americas, Nature-based, US, Voluntary

Regenerative agriculture, including cover cropping and no-till farming, can significantly reduce carbon emissions when applied to large-scale farming operations across the US, but removal credit prices need to rise significantly to sustain such practices, according to a new study.

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Veteran carbon analyst leaves LSEG

Published 18:37 on September 2, 2024  /  Last updated at 18:37 on September 2, 2024  / /  Asia Pacific, Bavardage, China, EMEA, EU ETS

A veteran carbon analyst has left LSEG after six years, around 18 months after several colleagues resigned to join a rebranded analytics firm also covering carbon markets.

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Benin project seeks to raise €1.5 mln for cookstoves carbon project

Published 18:08 on September 2, 2024  /  Last updated at 18:08 on September 2, 2024  / /  Africa, EMEA, Voluntary

A clean cooking project in Benin has opened a call for crowdfunding, looking to raise €1.5 million for a cookstoves carbon project in the west African country.

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Global soy standard unveils update to align with new EU deforestation law

Published 17:53 on September 2, 2024  /  Last updated at 17:53 on September 2, 2024  / /  EMEA, Nature-based, Voluntary

A global certifier of sustainable soy and corn production is consulting on an update to its standard that will allow companies to demonstrate that they align with the European Deforestation Regulation (EUDR).

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FEATURE: Lack of clarity on penalties casts doubt over efficacy of CORSIA carbon offsetting scheme

Published 17:37 on September 2, 2024  /  Last updated at 11:31 on September 3, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

A lack of clarity on how the CORSIA penalty system will work, and the fact only a handful of countries have started transposing the UN’s international aviation offsetting scheme into their national laws, raises doubts over how the mechanism will be enforced.

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Blue hydrogen necessary step on way to greener fuels, say experts

Published 17:32 on September 2, 2024  /  Last updated at 17:32 on September 2, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Blue hydrogen, made from natural gas where the CO2 emissions are captured and stored, will be an intermediary step on the path to a wider scale rollout of greener versions made using renewable electricity, said industry experts during a conference Monday.

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Euro Markets: EUAs mark time amid US holiday and weaker energy as auction volumes rise 1.3%

Published 17:09 on September 2, 2024  /  Last updated at 18:45 on September 2, 2024  / /  EMEA, EU ETS, UK ETS

EU carbon allowance prices ended Monday little changed despite slightly reduced selling activity as the US markets were closed, while the bloc began auctioning slightly more allowances each day after the amended schedule for the remainder of the year took effect, and European energy markets corrected lower after sharp rises at the end of last week.

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UK looks to award grants for carbon, biodiversity projects in Amazon

Published 17:03 on September 2, 2024  /  Last updated at 17:03 on September 2, 2024  / /  Americas, EMEA, Nature-based, South & Central, Voluntary

The UK PACT Amazon Regional Fund is branching out to offer grants to support carbon and biodiversity projects in Bolivia, Ecuador, Guyana, and Peru.

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