CWNYC24: EU and US climate negotiators want Article 6 “in the bag” in Baku
The top EU and US climate negotiators both signalled their strong desire to finalise negotiations on Article 6 at the UN climate talks in Azerbaijan this year, they said at Climate Week NYC on Wednesday.
Read MoreCWNYC24: VCMI expects more companies to pick up its claims, as Scope 3 launch nears
Two companies have so far made claims for the highest grade available under the Voluntary Carbon Market Integrity (VCMI) initiative’s code for offset use – but more are expected in the coming months, and even more once the new Scope 3 claim is finalised, the initiative’s executive director told Carbon Pulse on Wednesday.
Read MoreCWNYC24: Carbon credit project developers say it’s on buyers to pay for insurance
Voluntary carbon market project developers’ margins are too thin to also pay for insurance – and the responsibility for insuring projects ultimately lies with the buyer, according to speakers at Climate Week NYC.
Read MoreCWNYC24: African carbon markets stakeholders consider credit price floor
A capacity-building programme for African carbon markets has considered a credit price floor but does not currently have an official ask, Carbon Pulse heard on Wednesday during Climate Week NYC.
Read MoreERW startup renews carbon removals partnership with large buyer
A startup specialising in enhanced rock weathering (ERW) technology on Wednesday announced a renewed partnership with a large buyer of CO2 removal credits.
Read MoreCWNYC24: UK pushing to get next Brazilian J-REDD deal over the line -official
The UK is making a push for the next jurisdictional REDD (J-REDD) deal arranged through the LEAF Coalition to be with another Brazilian state, a British official said Wednesday at Climate Week NYC.
Read MoreCWNYC24: Global corporations back new initiative for round-the-clock carbon-free electricity
Major international companies including Google have joined a new initiative aimed at boosting the use of carbon-free power across the world, in a bid to revolutionise electricity procurement and reduce emissions.
Read MoreHemp carbon removal credits to be tokenised by Swedish platform
A specialist standard for growing hemp has sold a batch of credits to a Swedish blockchain carbon removal platform for tokenisation, marking a new partnership between the two companies.
Read MoreUPDATE – Paris investor seals deal to sell credits from large blue carbon project in Mozambique
A Paris-based financier will fully fund the first phase of a large blue carbon project in Mozambique and in return sell the credits generated.
Read MoreCWNYC24: Climate impact verifier, standards body team up to drive corporate action on Scope 3 emissions
A climate impact verification organisation and a major carbon market standards body on Wednesday announced a new partnership aimed at driving credible corporate Scope 3 emissions reductions.
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