FEATURE: 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 climate talks after seeing little success in initial offerings to the voluntary carbon market.
Read MoreVCM 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 as they grapple with major macro-economic woes.
Read MoreVER price rout continues amid economic woes and ICVCM 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 integrity of the market.
Read MoreBrazilian state to begin talks with trading firm over sale of 200 mln forestry credits
The preliminary result of a public call issued by the Brazilian state of Tocantins will see a major commodities trading firm progress to negotiate with the government over the sale of 200 million tonnes of jurisdictional forest carbon credits, according to a Thursday release.
Read MoreREDD.plus credits “not rigorous enough” for offsetting, say analysts
National-scale forest protection credits sold on the REDD.plus platform are “not rigorous enough to offset or compensate for emissions”, analysts said in a note on Wednesday, noting that the market does not seem to trust the marketplace.
Read MoreVCM 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 integrate with the Paris Agreement.
Read MoreSovereign 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.
Read MoreUPDATE – Ready for mammoth forest credit issuance, Gabon says unidentified bidder offering above-market price
Upwards of 90 million national-scale forest protection credits from Gabon are likely coming to the global voluntary carbon market after the UN completed a technical check, with the country’s environment minister indicating that a bidder has emerged, willing to pay well above market for the units.
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