VCM Report: CORSIA impact yet to appear despite approval of major carbon standards
Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.
Read MoreCOP16: UN biodiversity summit cut short amid delegate departures, but still scores successes
Sixteen hours into overtime, the COP16 UN biodiversity talks in Colombia were abruptly suspended, after so many delegates left to catch flights that the meeting could no longer legally make decisions, though before that negotiators had approved a DSI fund and a special body for Indigenous Peoples.
Read MoreCOP16: Armenia to host 2026 UN biodiversity talks
Delegates at COP16 in Colombia on Thursday voted for Armenia as host of the next biodiversity summit in two years’ time, narrowly beating neighbour and climate COP29 host Azerbaijan.
Read MoreCOP16: Countries launch ‘champions group’ for mainstreaming biodiversity
A group of 17 countries led by Colombia and Mexico have announced they are establishing a special group at COP16 to drive progress on mainstreaming biodiversity, following what they said are attempts to undermine the policy.
Read MoreCOP16: Talks in Cali fail to address critical minerals exploitation, NGOs say
Not enough has been done so far at COP16 to address exploitation of minerals for the green energy transition, especially in Indigenous Peoples’ lands, a group of NGOs said Thursday.
Read MoreCOP16: Brazilian organisation clinches deal to sell first biodiversity credits
A Brazilian organisation is set to market its first biodiversity credits generated through three separate projects across the country, with a philanthropic institution already committed to buying them.
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