First nature-based blended finance fund to launch in UK draws huge institutional interest
Advisory firm Finance Earth is launching the first nature-based solutions blended finance fund in the UK, a venture it co-designed with investment manager Federated Hermes and with proposed seed funding from the UK’s environment agency.
Read MoreCommitment phobia, bad press, and quality issues pose impediments to carbon credit demand, says bank executive
Multiple impediments that are holding back demand for credits in the voluntary carbon market (VCM) include a lack of education on the part of potential buyers, the impact of bad press, the current economic climate, and buyer reluctance to sign up to ongoing carbon credit purchases, according to the head of carbon markets at a UK-based bank.
Read MoreUNDP seeks to de-risk biodiversity credits under its tiger protection bonds
Around 15% of the bonds to be issued by the UN Development Programme (UNDP) to help support tiger ecosystem protection in four Asian countries could be monetised through the sale of “high integrity biodiversity credits”, depending upon the ability to de-risk the credits through guarantee provisions.
Read MoreFEATURE: Going beyond – SBTi guidance seeks to trigger interest in contribution claims
The Science Based Targets Initiative (SBTi) expects its upcoming beyond value chain mitigation (BVCM) guidance to stoke interest in contribution claims, a form of corporate climate action that will suit some companies more than others, and will not always translate into increased carbon credit use.
Read MoreGold Standard awards first finance programme approval to impact fund
The first impact fund to gain approval under Gold Standard’s financier-focused programme marks a key threshold in efforts to assure effective impact investing for sustainable development, the certifier said on Thursday.
Read MoreANALYSIS: Governments set down marker in tackling cookstove over-crediting
Governments are drastically slashing carbon credit issuance rates from their own cookstove projects and helping craft a new global framework to tackle integrity concerns, moves that are also spurring an overhaul of a hefty chunk of the voluntary carbon market.
Read MoreExperts call for diverse EU carbon removals funding ahead of ETS inclusion
The EU will require several forms of finance to achieve its 2030 carbon removals target but there is potential for the ETS price alone to be sufficient to scale the sector after 2030, a conference heard on Thursday.
Read MorePortugal considers linking of domestic voluntary market with that of Spain
Portugal is considering linking its yet-to-be-launched domestic voluntary carbon market (VCM) with that of Spain for liquidity purposes, a government official told a conference on Thursday.
Read MoreINTERVIEW: Private equity house eyes partnering up with carbon credit investors on climate projects
A New York-based private equity firm wants to establish partnerships with carbon credit investors on financing climate projects in developing countries as it looks to increase its involvement in the voluntary carbon market, a senior member of the firm told Carbon Pulse at the sidelines of the Gold Standard conference in London earlier this week.
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