Verra and Gold Standard have each announced new insurance frameworks and eligibility criteria aimed at supporting the integrity of CORSIA-eligible carbon credits.
This represents the second Afforestation, Reforestation, and Revegetation (ARR) methodology to achieve CCP-Approved status.
Limiting global warming to 1.5°C requires annual removals (across all project types) of 5 to 10 billion tonnes of CO2 by midcentury.
Notably, the amendment allows for the international use of Article 6 credits to meet up to 3% of the EU’s 1990 emissions.
Improved Forest Management (IFM) projects are gaining traction in the global carbon markets, with emphasis on project quality and robust pricing mechanisms.
Following months of escalating political opposition and business concerns, the European Commission officially withdrew the Green Claims Directive proposal
The European Parliament’s Think Tank has published a study on the role of DAC technologies in supporting the European Union’s climate objectives.
The United Nations’ Article 6.4 Methodological Expert Panel (MEP) has released three key documents.
The Integrity Council for the Voluntary Carbon Market (ICVCM) announced a new round of methodology approvals under its Core Carbon Principles (CCP) label.