Financial regulators risk overstepping in new proposals for voluntary carbon market, says industry body
Financial regulators should stick to issuing guidance on voluntary carbon market (VCM) trading and clarifying common definitions instead of regulating projects or imposing requirements such as public pricing, according to an industry body.
Read MoreANALYSIS: UK draft property bill to invite legal clarity for UKA, voluntary credit disputes
Legislation drafted by an independent advisory body at the behest of the British government could lead to revised property rights for holders of UK Allowances and voluntary carbon credits.
Read MoreWeb3 company plots recovery in tokenised carbon credits amid ICVCM integrity drive
One of the largest Web3 firms in the voluntary carbon market is planning a rebound in tokenising carbon credits on the back of the ICVCM’s Core Carbon Principles (CCPs) stamp of high integrity.
Read MoreVCM Report: Voluntary carbon market struggles for direction awaiting CORSIA and ICVCM clarity
Standardised voluntary carbon market prices continued on a sideways trajectory last week as participants mulled the work being done by the Integrity Council for Voluntary Carbon Markets (ICVCM), while also awaiting clarity on which units will be eligible for the current CORSIA phase.
Read MoreExperts say REDD+ project appears vastly over-credited by Sri Lankan government fund
A Sri Lankan government fund plans to issue more than 8 million carbon credits over a decade to a REDD+ project in Brazil, though experts say the carbon sequestration figures the project lists appear to be exaggerated by several orders of magnitude.
Read MoreVCM Report: Split between old and new voluntary carbon market emerges to start year
The year has kicked off with strong divergence between what many regard as the old and new versions of the voluntary carbon market, even before the emergence of the first credits labelled with the ICVCM’s Core Carbon Principles (CCPs) stamp of high-integrity approval.
Read MoreVCM Report: Year-end rush sees 2023 carbon credit retirements top 2022 levels
Voluntary carbon credit retirements in 2023 exceeded the levels of a year earlier on major registries after a surge in activity in December.
Read MoreCrypto asset manager launches bitcoin ETF with carbon allowance component
A crypto asset management firm targeting ESG investors is launching a new bitcoin exchange-traded fund (ETF) with a 20% carbon allowance component, in an effort to create a ‘carbon-neutral’ investment offering in the crypto market.
Read MoreUS-based exchange operator pivoting cryptocurrency trading tech towards carbon markets
A major US-headquartered exchange operator Nasdaq is pivoting blockchain technology originally developed for cryptocurrency trading towards carbon markets.
Read MoreUS data marketplace signs African forest protection lease worth +100 mln carbon credits
A climate technology firm backed by a US billionaire investor announced Tuesday the signing of an agreement to preserve hundreds of thousands of hectares of an African nation’s vast rainforests and peatlands in exchange for conservation credits.
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