The need to undertake climate action is growing ever more urgent, with temperatures already registering 1.30C, a 50% reduction in emissions globally is required by 2030, including a cut of methane emissions by a third. The next few years are therefore critical, and we need near-term milestones and actions to help us get on track for long-term targets.To support this ...

 NEW METHODOLOGY  Tech-based carbon removal and storage in recycled concrete  Currently, demolished concrete is crushed into concrete aggregate before it is either used as a substitute to gravel and sand or sent to landfill. This new tech-based carbon removal methodology, developed by neustark, facilitates CO2 sequestration in demolished concrete using either direct or indirect mineral carbonation before it enters downstream processes. ...

 NEW METHODOLOGY  Catalysing nature-based sequestration from industrial waste  This new Soil Organic Carbon (SOC) Activity Module developed by Soilfood Oy allows European-based pulp and paper manufacturing to reduce waste and remove carbon from the atmosphere by recycling the mill sludge from industrial operations. What would otherwise go to landfill or be incinerated is used to enhance soil organic matter in agriculture systems, which ...

 REQUIREMENTS  Updated to ensure consistency in process and improve response times to deviation requests The requirements, procedures and template for the deviation process have been updated to clarify the process and speed up responses to deviation requests. The path for requesting reconsideration of a deviation decisions has also been clarified. Related Documents Deviation Request Form v.5.0 3.05.2022 ...

 REQUIREMENTS  Stakeholder consultation process streamlined to make requirements more user friendly for project developers and VVBs  Stakeholder consultations and meaningful engagement with those who may be affected by a project is an essential element for ensuring project success.  Key updates include: More cohesive requirements for Programme of Activities (PoAs) to reduce time spent navigating multiple documents Reduction in the mandatory duration of ...

 REQUIREMENTS  More clarity on requirements for PoAs, scope expansion into Land Use & Forestry projects and simplifications to PoA project cycle procedures   Programme of Activities enable replicable projects access to carbon finance through coordinated implementation, supporting high-impact projects that may have previously struggled to finance activities due to project size and associated transaction costs. Key updates include: New PoA hierarchy defined and corresponding rules and requirements established ...

 REQUIREMENTS  A step closer to supporting the creation and transfer of Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6.  The GHG Emissions Reduction and Sequestration Product Requirementswhich provides the specific rules for projects seeking issuance of products (i.e., GS VERs, GS CERs and PERs) has been updated to: Incorporate latest understanding and developments within the global climate policy regime, following the adoption of Article 6 guidance ...

New template toguide the project developers in evaluating the eligibility of their projects and compiling all necessary information for a fast and successful preliminary review process.  The preliminary review process gives an early indication to project developers, before resources are committed, of the eligibility of a project. This step is not a certification decision, but it helps project developers close project ...