Carbon

'Ground-breaking' UK carbon capture and storage project secures £8bn financing

Two major 'net zero' projects linked to a carbon capture and storage (CCS) project in the North Sea have secured a combined £8 billion ($10 billion) in project financing from around 20 banks, including Standard Chartered, BBVA and ING.

Expert panelist quits ICVCM over methodology approvals

A member of the Integrity Council for the Voluntary Carbon Market's (ICVCM) expert panel has resigned over concerns that REDD methodologies approved last month put the integrity of the initiative at risk.

Triodos Bank provides first BNG loan

Triodos IM backs nature-based carbon credits

'Door is now open' for Article 6 transactions, says Standard Chartered

Progress on Article 6 at COP29 should be a catalyst for credit demand, Standard Chartered's carbon market development director has said, but noted that some "unknowns" still remain.

COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line

One of the main achievements of COP29 was the "historic" progress made in developing international carbon markets with the blessing of the UN.

COP29: Sweden pushes forward on Article 6.2

Sweden has signed bilateral agreements on emissions trading with Nepal and Zambia as part of the Article 6.2 mechanism of the Paris Agreement as COP29 comes to a close.

EU approves carbon farming certification

The European Council has approved regulation which will introduce a certification for carbon removals and carbon farming, but critical details remain left to decide.

Carbon market leaders join up on Article 6

UK government launches carbon and nature credit market principles

The UK government has launched 'integrity principles' for voluntary carbon and nature credit markets.

New REDD+ methodologies approved by Integrity Council

The Integrity Council for the Voluntary Carbon Market have approved three REDD+ (Reducing Emissions from Deforestation and Forest Degradation in developing countries) methodologies for the Core Carbon Principles (CCP) label.

COP29: 'Inflection point' happening in carbon markets, says VCMI

Buyers willing to pay 'much higher' prices for Article 6-aligned credits, says IETA

Buyers of carbon credits are willing to pay "much higher" prices for Article 6-aligned credits, a survey from the IETA has found, but uncertainty about the mechanism lingers.

COP29: Negotiators need to 'pick up when Cali calls', says Greenpeace

Negotiators at COP29 need to integrate recent progress made at the biodiversity-focused COP16, Greenpeace has said, warning against the focus on nature-based carbon credits.

COP29: Land use emissions still 'substantial' despite decline

Land use emissions are still "substantial", despite their steady decline, academics have said, warning that deforestation continues to play a major role.