Verra 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.
Read MoreJapanese energy players sign agreement for negative carbon project with Indonesian counterpart
Two major Japanese companies and an Indonesian counterpart have agreed to a joint study on biomass energy carbon capture and storage (BECCS), hot on the heels of decarbonisation agreements signed between the governments of the two countries last week.
Read MoreKorean startup to create carbon credits by electrifying Cambodian tuk-tuks
A Korean mobility startup has tapped into Cambodia’s emerging carbon market through a project that can electrify gas-guzzling tuk-tuks in the Southeast Asian country.
Read MorePapua New Guinea “seriously considering” COP29 boycott
Papua New Guinea is considering not sending a delegation to the COP29 climate talks in Azerbaijan later this year in protest of rich nations’ failure to provide sufficient climate finance to poorer countries, Prime Minister James Marape has said, according to local media.
Read MoreAU Market: ACCUs trade higher, but likely to remain subdued for now, report says
The price of Australian Carbon Credit Units (ACCUs) has inched upwards in recent weeks thanks to steady demand from Safeguard Mechanism entities, however one report expects prices to continue to remain rangebound in the short term.
Read MoreFEATURE – “The next big frontier”: High hopes for nature insurance to scale biodiversity markets
Biodiversity markets will have a hard time establishing and attracting financing on a large scale unless insurers step in for nature, experts have told Carbon Pulse.
Read MoreAustralia taps chief scientist to lead review on fossil methane measurement approaches
The Australian government has appointed the country’s chief scientist to lead an expert panel to advise on greenhouse gas measurement approaches that could potentially improve its fossil methane estimations, it announced Monday.
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