UPDATE – Integrity Council pushes back timelines on guidance to ensure...
The private-sector-led Integrity Council for the Voluntary Carbon Market (IC-VCM) firmed up its timelines on Wednesday for the long-awaited release of its new standards that it hopes will set a...
View ArticleAgoro Carbon Alliance to split from parent company Yara
US-based agricultural carbon offset firm Agoro Carbon Alliance on Wednesday announced it will be officially carved out from Norwegian fertiliser company Yara.
View ArticleTributes after senior UN, voluntary carbon markets negotiator dies
Tributes are pouring in for one of the developing world’s foremost climate negotiators, who died this week just days after advancing efforts to improve the environmental integrity of the voluntary...
View ArticleWith Article 6 rules agreed, experts stew over how emissions trade will work
Four months on from a UN emissions trade deal, governments remain puzzled over how host countries should authorise international transfers and many other practicalities, a virtual meeting heard this week.
View ArticleNatural Capital Partners, ClimateCare announce rebranding, set 2030 goal
Voluntary carbon offset providers Natural Capital Partners and ClimateCare on Wednesday announced a rebranding as Climate Impact Partners, cementing their merger and setting a 2030 emissions goal.
View ArticleFour repeat carbon credit programmes among latest CORSIA applicants
A quartet of carbon standards previously rejected by UN aviation body ICAO’s Council applied for eligibility to the global offsetting mechanism CORSIA along with three new applicants, according to...
View ArticleCOMMENT: IETA Council Task Group on digital climate markets – Key findings...
The International Emissions Trading Association will set up a Task Force to produce guidelines for the development of digital technologies for the carbon offset industry, including tokenised carbon...
View ArticleVCM Report: VERs continue consolidation and edge sideways during quiet week
Prices for exchange-traded, standardised voluntary emissions reduction (VER) contracts continued to consolidate over the last week as carbon credits across the board struggled to find clear direction...
View ArticleClaim game: The battle to convince companies about a life beyond offsetting
Companies have been slow to commit to climate action that doesn't involve claims on the resulting abatement, a panel heard on Monday, despite rapid growth in corporate commitments and a drive to...
View ArticleBetter net zero alignment is driving record ETS prices and revenues -study
Emissions trading systems (ETS) worldwide have begun to align their emissions ambitions with net zero targets, boosting allowance prices and more than doubling government revenue in 2021, a research...
View ArticleCOMMENT: Response to IETA Council Task Group on digital climate markets
As the largest player in this nascent space, we feel it is necessary to respond to some of the concerns communicated by the IETA task group on digital markets, as well as highlight important areas of...
View ArticleAustralia, IUCN funding vehicle issues call for blue carbon project proposals
A funding vehicle backed by the Australian government and conservation group IUCN is calling for funding proposals for blue carbon offset projects in developing nations.
View ArticleLatam subsidy scramble puts low carbon transition at risk, warn ex-ministers
Latin American governments are artificially lowering fuel prices for consumers in response to the energy crisis linked to the Ukraine invasion, former finance ministers told a panel on Wednesday,...
View ArticleVerra sets out major revamp of REDD project designs
Project standard manager Verra is seeking a major revamp to its VCS forest protection projects by streamlining data collection requirements, the body said on Wednesday in a move that could have varied...
View ArticleUN chief launches expert group to help limit greenwashing in net zero pledges
UN Secretary General Antonio Guterres launched a high-level expert group aimed at dissecting net zero commitments from non-state actors on Thursday, citing the need for greater transparency and...
View ArticleEXCLUSIVE: Oil major boosts global net zero hopes with carbon NFT
An Australian oil and gas company has unveiled plans to cut its emissions to zero by turning them into non-fungible tokens (NFTs), fuelling global hopes that the world can accelerate GHG cuts with the...
View ArticleVCM Report: “Green shoots of recovery” for VERs, as Q1 retirements spike
Buying interest for exchange-traded, standardised voluntary emissions reduction (VER) contracts picked up over the last week as nature-based credits led a market-wide rebound after several weeks of...
View ArticleIPCC outlines solutions needed as 1.5C warming goal almost out of reach
The final part of the IPCC’s latest climate science trilogy was approved and published by 195 governments on Monday, outlining solutions needed to change the course of our current dire 3C+ warming...
View ArticleANALYSIS: Scientific support for carbon removals has its limits
The Intergovernmental Panel on Climate Change (IPCC)’s pathways to maintaining a liveable planet rely on carbon removals, but the experts' caution on how these technical and nature-based methods should...
View ArticleBetter voluntary carbon market oversight on its way, say experts
There is limited authoritative oversight of the voluntary carbon market, but both private-led initiatives and governments are beginning to show interest, according to participants at the North American...
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