Euro Markets: EUAs slip 0.9% in quiet session as gas recovers 2%
European carbon prices eased on Monday on thin volume due to a UK public holiday as participants were said to be easing some gas-linked risk premium out of the benchmark futures contract as concerns around transit supply via Ukraine to Europe fade and storage levels remain healthy, while energy markets turned their attention to possible escalations in the Middle East.
Read MoreVCM Report: Liquidity dries up, old standardised voluntary carbon contracts trade at rock bottom
Liquidity dried up last week amid the height of the summer holiday season, and with the market still waiting for the next batch of Integrity Council for the Voluntary Carbon Market (ICVCM) methodology approvals for its Core Carbon Principles (CCP) high-integrity label.
Read MoreGermany planning billions for industrial decarbonisation including CO2 storage
Germany plans to allocate €3.3 billion for projects aimed at decarbonising industry, which includes storing CO2 underground at offshore locations, it announced Friday.
Read MoreExperts recommend how to “responsibly” integrate carbon removal in EU 2040 climate policy
Climate policy experts have shared their key recommendations on how to implement carbon removal (CDR) technologies within the EU’s 2040 climate target, based on findings from a four-year project funded by the European Commission.
Read MoreCameroon opens tender for support in development of national carbon market
Cameroon has opened a tender for support, via the UN Development Programme (UNDP), in establishing a national framework for carbon market and climate finance, with a focus on Article 6 engagement.
Read MoreEU’s anti-deforestation law lucky chance for small farmers, non-profit says
The EU regulation on deforestation-free products is providing small farmers with a unique opportunity to gain market access and be a privileged supplier, an environmental non-profit has told Carbon Pulse.
Read MoreFinancial technology platform releases methodology for tokenised biodiversity credits
A financial technology platform has released a methodology for creating tokenised biodiversity credits, with details on how to ensure projects meet integrity standards and units are tradeable.
Read MoreVerra starts testing new Scope 3 programme with three voluntary carbon methodologies
Verra has begun the piloting of its Scope 3 Standard (S3S) programme, a new scheme that will certify value chain interventions and issues voluntary carbon units that companies can use as part of their value chain emissions accounting.
Read MoreNon-profit seeks to trade int’l carbon credits from planting trees in Bhutan
A non-profit in Bhutan is exploring the opportunity of generating and trading international carbon credits from tree-planting projects in the Himalayan Kingdom, according to local media.
Read MoreUN assesses Vanuatu REDD+ carbon baseline submission as ‘transparent’ and complete
A UN assessment of Vanuatu’s proposed forest reference level (FRL), which can affect the issuance volume of sovereign REDD+ carbon units, found the country’s reporting to be “transparent” and mostly in accordance with guidelines.
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