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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, 2024

Google 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, 2024

Jurisdictional 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, 2024

UK 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, 2024

Singapore, 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, 2024

Masidi 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, 2024

Indonesian 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, 2024

Expert 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, 2024

Vietnamese localities expand efforts to develop carbon credit market

Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
May 07, 2024

Indonesia 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.
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