US forest carbon companies launch initiative to broaden non-industrial landowner participation in voluntary market

Published 20:20 on August 1, 2023  /  Last updated at 20:20 on August 1, 2023  / /  Americas, Nature-based, US, Voluntary

Two US forest carbon firms on Tuesday announced they will collaborate to provide smaller, non-industrial landowners across 13 Southeastern states the opportunity to participate in voluntary offset markets.

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South Africa proposes to extend timeline for use of older offsets against carbon tax

Published 19:04 on August 1, 2023  /  Last updated at 10:05 on December 12, 2023  / /  Africa, Carbon Taxes, EMEA

A pool of older offsets will have their eligibility extended for application under the South African carbon tax, according to a draft amendment released this week in a move that could boost supply in the domestic-only market that has seen offset use fall away over the past year.

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Global Carbon Council, Korean non-profit ink agreement to boost voluntary credit market

Published 18:46 on July 31, 2023  /  Last updated at 18:46 on July 31, 2023  / /  Africa, Asia Pacific, EMEA, International, Middle East, Paris Article 6, South Korea, Voluntary

The Qatar-based Global Carbon Council (GCC) and Seoul-headquartered Climate Change Center (CCC) on Monday said they will form a partnership to promote voluntary carbon markets in their respective geographic areas.

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Rating agency partners with environmental intelligence firm to bolster scrutiny of nature projects

Published 16:39 on July 31, 2023  /  Last updated at 16:03 on August 3, 2023  / /  Americas, Nature-based, South & Central, Voluntary

A carbon credit rating agency has teamed up with an environmental intelligence company to deploy satellite technology for monitoring carbon stocks in the Amazon.

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Climate litigation on the increase worldwide, but legal questions remain -UNEP

Published 14:27 on July 27, 2023  /  Last updated at 17:50 on July 27, 2023  / /  International

Lawsuits are an increasingly important tool for holding governments and corporations accountable on climate, according to a report published Thursday by the United Nations Environment Programme (UNEP).

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Carbon markets to play important role in financing African clean cookstoves -IEA

Published 06:00 on July 26, 2023  /  Last updated at 18:01 on August 3, 2023  / /  Africa, EMEA, International, Paris Article 6, Voluntary

Carbon markets will become important sources of funding to address the need for clean cooking projects, particularly in sub-Saharan Africa, according to an International Energy Agency (IEA) report published Wednesday.

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Climate contributions, not offsets, constitute best approach to raising global ambition -report

Published 19:13 on July 24, 2023  /  Last updated at 19:13 on July 24, 2023  / /  International, Paris Article 6, Voluntary

Climate contributions divorced from offsetting claims are necessary to increase the number of “high-hanging fruit projects” in cost-prohibitive sectors and unlock deep decarbonisation, a think-tank said Friday.

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