Chinese province seeks creation of first forest CCER credits since relaunch by year-end

Published 09:17 on August 22, 2024  /  Last updated at 01:21 on August 23, 2024  / /  Asia Pacific, China, Nature-based, Voluntary

The government of one of China’s northern provinces is aiming to secure carbon credits issued under the national voluntary programme from a large-scale afforestation project by the end of this year.

Read More

Gold Standard unveils new voluntary carbon mangrove methodology with remote sensing

Published 08:47 on August 22, 2024  /  Last updated at 08:47 on August 22, 2024  / /  EMEA, Nature-based, Voluntary

Gold Standard has revealed its first methodology for mangrove projects, which enables remote-sensing for measurement and impact quantification.

Read More

Colombian carbon developer prepares to sell first Indigenous-led biodiversity credits

Published 08:44 on August 22, 2024  /  Last updated at 08:44 on August 22, 2024  / /  Americas, Biodiversity, South & Central

A Bogota-based carbon developer is piloting a biodiversity credit conservation project in an Indigenous reserve in the Amazon, planning to put the first credits on sale after COP16 in Colombia, the company has told Carbon Pulse.

Read More

Forestry driving beef and sheep farm conversions in New Zealand, with or without carbon pricing, research finds

Published 07:52 on August 22, 2024  /  Last updated at 07:52 on August 22, 2024  / /  Asia Pacific, New Zealand

Four research programmes suggest a likely increase in pine plantations across agricultural land in New Zealand, even with a low or zero carbon price.

Read More

Verra opens public consultation on additionality tools to align with CCP voluntary carbon label

Published 07:40 on August 22, 2024  /  Last updated at 07:40 on August 22, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Voluntary carbon standard Verra has launched a public consultation for two of its tools in order to assess the additionality of project activities, with an aim to align them with the Core Carbon Principles (CCP) label of the Integrity Council for the Voluntary Carbon Market (ICVCM).

Read More

INTERVIEW: Tech company targets first sovereign carbon issuance valued at $300-600 mln later this year

Published 07:22 on August 22, 2024  /  Last updated at 08:02 on August 22, 2024  / /  International, Nature-based, Paris Article 6, Voluntary

A financial data and trading platform firm is targeting Q4 this year to facilitate $300-600 million worth of sovereign carbon issuances from countries in the Global South, as it hopes to restore trust and build scale in new international carbon markets.

Read More

CP Daily: Wednesday August 21, 2024

Published 07:16 on August 22, 2024  /  Last updated at 07:16 on August 22, 2024  / /  Newsletters

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

Read More

Advocates overshadow industry’s cost concerns under Oregon CPP with calls for stricter rules

Published 06:57 on August 22, 2024  /  Last updated at 06:57 on August 22, 2024  / /  Americas, US

Industry complaints about compliance costs under Oregon’s proposed Climate Protection Program (CPP) rule were eclipsed by environmental advocates’ calls for immediate implementation of a more stringent scheme at Wednesday’s public hearing held by the programme’s regulator.

Read More

China approves far fewer coal plants, but pipeline remains robust

Published 01:00 on August 22, 2024  /  Last updated at 07:43 on August 21, 2024  / /  Asia Pacific, China

China’s rapid development of renewable energy has led to a slowdown in coal power project approvals, though the existing pipeline of projects could still pose a potential challenge for the country to meet its climate targets, analysts have said.

Read More

US DOE unveils $15 mln to support market entry of industrial decarbonisation technologies

Published 00:45 on August 22, 2024  /  Last updated at 00:45 on August 22, 2024  / /  Americas, US

The US Department of Energy (DOE) has announced $15 million in lab call funding to advance later-stage commercialisation and deployment of industrial decarbonisation technologies.

Read More