Focus on Emissions Markets
Verra Releases Methodology Change and Requantification Procedure
16 October 2024 Verra has launched the Methodology Change and Requantification Procedure (PDF). This new procedure enables projects registered in the Verified Carbon Standard (VCS)...
Novatek Registers its First Climate Project with Russian Carbon Units Registry
Moscow, 15 October 2024. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that its subsidiary, NOVATEK-YURKHAROVNEFTEGAS, has registered a technology-based climate project located at...
Brazil state to consult Indigenous people on carbon credits sale
Para will consult Indigenous communities on how they’ll benefit from the sale of carbon offset credits to U.S. firms protecting the Amazon.
BASF receives funding approval for the construction of the world’s largest industrial heat pump for CO2-free steam generation
Heat pump will use waste heat from steam cracker for CO2-free steam production Greenhouse gas emissions from formic acid production at the Ludwigshafen...
Verra Releases New VCS Additionality Tools
14 October 2024 Verra has released two new tools in the Verified Carbon Standard (VCS) Program to assess the additionality of project activities: VCS...
Climate change finance could land at ‘hundreds of billions’, COP29 leaders say
COP29 leaders say a consensus decision on funding will likely reach 'hundreds of billions' — not trillions.
‘No silver bullet’ for decarbonising Formula One, ESG boss says
F1 aims for net zero by 2030, cutting 50 per cent of emissions from its 2018 baseline, and offsetting the rest through carbon...
Canada’s PBO releases updated carbon price report after previous error sparked controversy
The parliamentary budget officer says his updated carbon price report is consistent with earlier findings, despite correcting an error.
Indigenous groups in Brazil say they weren’t consulted on carbon credits
Indigenous groups in Para, Brazil, say they weren’t consulted before a government deal to sell carbon offset credits for Amazon conservation.
Head of international shipping regulator says industry must do more to cut carbon pollution
The new head of the IMO urges shipping companies to reduce emissions, stressing that more can be done before 2030 goals.
