GCC doubles carbon credit issuances as standards body starts to ramp up
The Global Carbon Council (GCC) issued 235,000 carbon credits on Monday, more than doubling its tally so far, as the standards registry starts to work through a large pipeline of projects.
View ArticleRatings agency gives Cambodian REDD project a major downgrading
A carbon credit rating agency has given a major downgrading to a Cambodian REDD forest protection project, while nudging the scores of several other projects it had placed on watch.
View ArticleShaken VCM Integrity Council should be wake up call to US regulators...
Given a scathing review of the Integrity Council for the Voluntary Carbon Market’s (IC-VCM) core carbon principles and assessment framework from the market’s biggest actor, the US government needs to...
View ArticleCARBON FORWARD 2022: Gabon boasts potential to scale, co-benefits in...
Gabon's upcoming massive issuance of carbon credits comes with extensive co-benefits and the ability to scale, the nation's environment minister Lee White said on Wednesday.
View ArticleFirms eye first two-way bridge between blockchain trading platform and carbon...
A Web3 start-up and a Colombia-based offset registry have announced plans to build the first direct two-way bridge between a carbon offset registry and a blockchain-based trading platform.
View ArticleCARBON FORWARD 2022: Ready or not, here CBAM comes, say the experts
The EU carbon border adjustment mechanism (CBAM) has already passed too many regulatory hurdles for any significant policy U-turn, experts at the Carbon Forward conference said on Thursday.
View ArticleSovereign forestry credit platform parts ways with leading offset marketplace
Sovereign REDD forestry conservation platform REDD.plus has lost its connection with one of the largest marketplaces in the voluntary carbon market (VCM) after three years of partnership.
View ArticleCARBON FORWARD 2022: “I’m not convinced” international offsets will return to...
A senior German lawmaker said he’s “not convinced” that international offsets will ever make it back to the EU carbon market, but he highlighted a possible future role for carbon removals in the ETS.
View ArticleCARBON FORWARD 2022: FEATURE – Where are the buyers? Missing demand for...
Conversations around missing demand echoed in the hallways of London's Royal Institution on Friday, the final day of this year's Carbon Forward conference, where navel-gazing voluntary carbon market...
View ArticleCARBON FORWARD 2022: London favours keeping VCM distinct from Paris Agreement
The voluntary carbon market (VCM) should remain distinct from the sovereign market of the Paris Agreement, a consortium of London players have argued ahead of crunch UN talks at COP27 in Egypt next month.
View ArticleVCM Report: Nature-based offsets take brunt of slide in prices
Carbon credit prices continued to retreat over the past week as financial gloom deepened and as participants awaited further clarity from next month's UN climate talks over how the market will...
View ArticleGreen-hushing: More companies choose to keep quiet about their climate ambitions
While ever more global companies are supporting their net zero emissions commitments with science-based pathways, one in four are keeping details on the downlow, according to a survey published Tuesday...
View ArticleEKI partners with Singapore firm in launch of $125 mln climate impact fund
EKI Energy Services, the world’s largest carbon offsets developer, has launched India’s first climate impact fund, worth $125 million, in a partnership with a Singaporean fund management company, they...
View ArticleHigh intermediary markups dragging on voluntary carbon market development,...
Intermediaries and investor profits accounted for a third of the traded value in the voluntary carbon market (VCM) in 2021, claimed a report published on Tuesday that proposed a more developer-centric...
View ArticleColombia’s carbon tax reform offset usage limit remains unresolved
The percentage of allowable offsets to be included in Colombia’s carbon tax reform remains a key point of contention among stakeholders closely following the ongoing tax reform debate process in congress.
View ArticleTrue value of climate finance is a third of what rich countries say -report
Flawed or misleading reporting is masking the considerable gap in international climate finance flows, according to a report by a development charity published on Wednesday, pointing to inflated...
View ArticleVER price rout continues amid economic woes and IC-VCM uncertainty
Voluntary emissions reduction (VER) prices slid lower Thursday, extending a sell off this week, as a combination of the increasingly gloomy macro-economic picture combined with wider concerns over the...
View ArticleGlobal standard for climate disclosure confirms inclusion of Scope 3 emissions
The International Sustainability Standards Board (ISSB) will include Scope 3 emissions in its forthcoming climate standard, recommending mandatory reporting of emissions associated with companies value...
View ArticleVCM Report: Key VER contracts sink to year lows amid economic gloom
Standardised voluntary emissions reduction (VER) prices lost as much as a fifth of their value over the past week, amid ever-growing concerns that companies would put offset buying on the back burner...
View ArticleFEATURE: UN climate summit to see “mainstreamed” push on pre-2021 carbon credits
A group of countries are likely to push for formal recognition of pre-2021 efforts to conserve and enhance global forests, hoping to mainstream the topic beyond technical negotiations at this year’s UN...
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