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News
August 01, 2024
New SBTi research highlights importance of carbon credit quality, expert says
SBTi's draft on Scope 3 carbon credits is delayed, with a report showing most carbon credits fail to meet climate goals. Industry researcher warns that this highlights the increasing importance of carbon credit quality.
July 10, 2024Google bets on carbon removal amid AI-driven emission surge
Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.
June 28, 2024Jurisdictional REDD+: A new frontier in carbon credit market
The acquisition methods for carbon credits are complex and varied. Now, a newer category, "Jurisdictional REDD+" (JREDD+), has emerged, potentially increasing market demand by six times and prices by up to fourfold compared to traditional REDD+.
May 30, 2024UK carbon trading to include waste-to-energy, carbon removal
The UK ETS Authority announced on May 23 that it is launching a consultation on the inclusion of waste-to-energy, waste incineration, and carbon removals in the carbon emissions trading system.
May 29, 2024Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
Companies in Singapore aiming to offset part of their carbon tax liability will soon be able to purchase carbon credits from projects in Ghana, following an agreement signed between the two countries on May 27.
May 28, 2024Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits
It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.
May 27, 2024Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 08, 2024Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval
Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).
May 08, 2024Vietnamese localities expand efforts to develop carbon credit market
Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
May 07, 2024Indonesia revokes license of the largest forestry offsets project in the world
Indonesia's Ministry of Environment and Forestry has struck a blow to the Rimba Raya project on Borneo Island, one of the world's largest carbon offset initiatives, by revoking its license due to violations of local regulations.