US carbon developer sells first forest credits for $34 apiece
A New York-based developer of nature-based carbon projects announced on Wednesday the sale of its first batch of Improved Forest Management (IFM) offsets for $34 each.
Read MoreEU green claims directive having ‘chilling effect’ on voluntary carbon market
The EU’s green claims directive is having a tangible, negative impact on demand for voluntary carbon credits, and scaring corporates away from the market, participants told an event Wednesday.
Read MoreCalifornia and Norway sign MoU collaborating on renewable energy, decarbonisation
The Memorandum of Understanding (MoU) between California and Norway signed Tuesday, establishes a framework of voluntary cooperation on areas including clean energy, zero-emission transportation and ports, carbon removal, and climate-smart agriculture.
Read MoreDirect air capture developer launches portfolio service including other carbon removals
A direct air capture (DAC) company is expanding its remit to enable clients to purchase a range of different voluntary carbon removal credits, including from nature-based projects, as part of a portfolio service designed to complement its technology development provision.
Read MoreCorporations still paying a premium for highly rated nature-based credits, research finds ahead of CCP arrival
Corporations are still paying a premium for higher rated nature-based carbon credits, according to research by a rating agency ahead of the emergence of the first credits earning the ICVCM’s Core Carbon Principle (CCP) stamp of high integrity.
Read MoreINTERVIEW: Market-moving deals in the voluntary carbon market seek insurance
A recent entrant to the carbon insurance market is looking to meet demand from potentially “very big investments” in projects that would meaningfully move the market, but may need to corral capital from fellow insurers to support it.
Read MoreGenZero, South Pole partner for centre devoted to “novel” carbon solutions
Temasek subsidiary GenZero and project developer South Pole on Wednesday launched the Asia Centre of Carbon Excellence (ACCE) to focus on what they called “novel” carbon solutions to improve Singapore’s carbon trading, policy, and project development, as well as the energy transition.
Read MoreJapanese oil refiner make first foray into forest carbon
One of Japan’s biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.
Read MoreSabah to soon list first nature-based credits on Malaysian carbon exchange
The Malaysian state of Sabah will soon receive a first tranche of verified carbon units (VCUs) for its forestry project registered under Verra, with plans to list them as the first nature-based units on the nation’s carbon exchange.
Read MoreMarine conservation investment “uncertain” as biodiversity credit market still nascent, NatureMetrics exec says
Uncertainty looms over coastal and marine habitat conservation, as the emerging biodiversity credit markets are not yet consistent enough to drive adequate investments in ecosystem protection efforts, a NatureMetrics executive said Tuesday.
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