Trade ministers from more than 50 nations launch coalition on climate
Trade ministers from more than 50 nations on Thursday launched the first ministerial-level global forum dedicated to trade, climate, and sustainable development issues, aiming to promote trade policies that can help address climate change locally and worldwide.
Read MoreRating agencies weigh in on REDD+ over-crediting claims
Carbon credit ratings agencies on Thursday disputed articles published by several media outlets that claimed as many as 94% of credits from a sample of Verra-issued REDD+ projects do not represent genuine emission reductions, comparing the findings of the investigation against their own analyses.
Read MoreVCM Integrity Council announces timelines for carbon credit quality labels
The Integrity Council for the Voluntary Carbon Market (ICVCM) released new timelines on Thursday, aiming to guide integrity for carbon credits amid a wave of quality-related concerns, with labels aimed at clearly distinguishing credits expected to emerge this year.
Read MoreBiodiversity-related litigation expected to be on the rise -experts
Experts are bracing for increasing legal action linked to biodiversity in the coming years, the WEF annual summit in Davos heard on Wednesday, taking as a cue the recent rise in litigation against big companies and governments over their climate-related actions or inactions.
Read MoreUNEP teams with data provider to launch nature risk profile methodology
Another tool for analysing companies’ impacts and dependencies on nature was launched in Davos on Tuesday, with the UN Environment Programme (UNEP) and sustainability intelligence firm S&P Global Sustainable1 announcing the release of their Nature Risk Profile methodology.
Read MoreWWF announces tool to help measure corporate impact and risks for biodiversity loss
Conservation organisation WWF launched a new free-access tool on Monday intended to help companies and investors better understand their impacts and dependencies on biodiversity.
Read MoreAfrica carbon market initiative confirms next steps, secures upfront sales
The Africa Carbon Markets Initiative (ACMI) advanced on its 13-point action programme on Monday, while revealing details on an already-secured $200 million in advance sales of carbon credits.
Read MoreSurvey points to keen corporate interest in carbon credits, but also mistrust
Most business executives see the voluntary carbon market (VCM) as an important tool to meet near-term climate goals, according to a survey published on Thursday, with responses also raising significant concerns that some companies are using carbon credits for greenwashing.
Read MoreUAE picks oil company boss as president of COP28 climate talks
The United Arab Emirates has selected state oil firm boss Sultan Al-Jaber as president of the next UN climate conference to be held in the nation in December, angering climate campaigners who likened the appointment to a cigarette company leader being put in charge of a health conference.
Read MoreCarbon credit platform partners with carbon removal funders’ club to broaden reach
A leading climate platform and carbon credit provider announced a partnership on Wednesday which will broaden the scope and volume of carbon removal credits available to its customers.
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