NGO launches hub for nature-based solutions to help children amid climate crisis
An international NGO launched a nature-based solutions hub on Wednesday, seeking to leverage the voluntary carbon market (VCM) to fund community-based projects for children and the climate.
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 MoreUS market watchdog challenged regarding extent of regulation over voluntary carbon market
Dozens of green groups, think tanks, and industry associations submitted feedback in response to the US Commodity Futures Trading Commission (CFTC)’s guidelines on voluntary carbon credit trading, of which commentators varied in degrees to which the CFTC can establish standards regarding underlying carbon credits in derivatives contracts.
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 MoreTech company, brokerage launch regulated trading platform for tokenised environmental assets
A US-based tech company specialising in environmental assets and a German brokerage have launched a regulated trading platform for tokenised renewable energy certificates (RECs).
Read MoreINTERVIEW: EU CBAM to clean up corporate supply chain, promote insetting
The rollout of the EU’s Carbon Border Adjustment Mechanism (CBAM) could encourage companies to further engage with decarbonising their supply chain through the process of insetting, said a carbon management platform that helps companies measure and report on their emissions.
Read MoreINTERVIEW: Carbon standard expects upcoming approval for Article 6 credit issuance from Singapore
A Colombia-based carbon standard expects to soon be granted approval from Singapore to issue Article 6-aligned credits that would help emitters in the country to meet their obligations under the national carbon tax.
Read MoreUAE firms partner to facilitate regional corporate carbon credit buying
A financial institution in the MENA region has inked a Memorandum of Understanding (MoU) with a UAE-based fintech firm to help its clients integrate carbon credit buying directly into their corporate accounts.
Read MoreUS regulators probing former NBA sponsor Aspiration over carbon offset business -Bloomberg
The NBA’s Los Angeles Clippers have ended their partnership with carbon offset startup Aspiration, which was previously a sponsor of the professional basketball team and is now under investigation by US regulators for potentially misleading customers, Bloomberg reported Thursday.
Read MoreReport finds 92% of firms do not have net zero target in place
A large voluntary carbon market project developer and advisory firm has found that the vast majority of surveyed companies still do not have a net zero emissions target in place, with ‘greenhushing’ seen as an increasing trend, in a report published this week.
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