INC-5: BRIEFING – Plastic credit market tipped to grow “with or without” UN treaty
Demand for voluntary plastic credits is slated to expand regardless of their inclusion in the UN global plastic treaty under negotiation in Busan, major standard bodies told Carbon Pulse, amid growing concerns from environmental groups over the credibility of the nascent market.
Read MoreVerra to open consultation on stewardship credits in early 2025
Environmental crediting standard Verra is set to open public consultation on its stewardship credit programme early next year, a company executive told a webinar on Wednesday.
Read MorePREVIEW: UN plastic talks enter last stretch amid outcry over weak draft agreement
Negotiations on the first-ever global treaty aimed at tackling plastic pollution enter the final stretch next week amid calls for raising ambition levels, as observers have largely deemed the latest draft text of the agreement as lacking in crucial actions.
Read MoreCOP29: Global organisations call on countries to raise ambition on nature under climate finance deal
A group of 68 global NGOs, business coalitions, companies, and Indigenous Peoples organisations has called for COP29 parties to recognise nature’s role in addressing the climate crisis within negotiations on the New Collective Quantified Goal (NCQG).
Read MoreTriodos Bank to ringfence €500 mln in nature-based solutions by 2030
Dutch-headquartered bank Triodos announced on Tuesday it will invest a minimum of €500 million in nature-based solutions (NbS) by the end of 2030 as part of its biodiversity strategy.
Read MoreCOP29: IUCN partners with marine expedition to boost conservation in Western Indian Ocean
The International Union for the Conservation of Nature (IUCN) has teamed up with the Odisea expedition to explore and protect biodiversity in the Western Indian Ocean, the organisation announced on Monday during the ongoing UN climate talks in Baku, Azerbaijan.
Read MoreCanadian, Indigenous govts ink landmark C$375-mln conservation deal
The Canadian and Indigenous governments, together with a group of private donors, signed on Thursday an agreement set to unlock C$375 million ($270 mln) over the next 10 years for conservation efforts in the Northwest Territories (NWT).
Read MoreSingapore tech company to develop framework to automate coral farming
A Singapore-based tech firm is developing a framework for mass-producing corals and automating the farming process, considering generating carbon or biodiversity credits within two years, the company told Carbon Pulse.
Read MorePlastic credits ‘false solution’ as UN talks edge closer, says UK non-profit
A UK-headquartered biodiversity conservation organisation has urged countries not to back crediting mechanisms as a means to tackle the plastic crisis, labelling them as a “false solution” that is highly exposed to greenwashing.
Read MoreRegen, Terrasos partner to develop blockchain platform for biodiversity credit market
US-based environmental credit platform Regen Network Development and Colombia-based developer Terrasos have partnered to create a new blockchain-based system for enabling transparent sales of biodiversity credits.
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