ANALYSIS: Scoping solutions – why value-chain footprinting is poised to incentivise climate action
Companies will soon be on the hook to disclose their full scope of value-chain emissions, but while many are already including these under their own climate targets, the process is riddled with technical complexities that are dampening the incentive to act.
Read MoreSouth American REDD+ issuance seen on the rise at both project and jurisdictional level
Carbon market analysts on Wednesday pointed to the strong likelihood that South America will significantly increase its REDD+ carbon credit issuance in the coming months and years, with jurisdictional-level methodologies quickly increasing in prominence.
Read MoreREDD hot details: Scientists push back on media claims of forest carbon overcrediting
Three scientists with expertise in tropical forest conservation spoke out at a webinar on Tuesday against last month’s media reports charging 94% of Verra’s REDD+ credits with no benefit to the climate, and noting that each project instead has complexities that make generalised criticism “irresponsible”.
Read MoreOver 40% of the most-at-risk businesses and investors have no plans to address deforestation
A new report published on Wednesday found that 40% of the companies and financial institutions most at risk of driving the loss of tropical forests have not yet set a single deforestation policy or target.
Read MoreMajor corporates claiming climate leadership are found wanting -report
Some of the world’s largest corporations are failing the climate credibility test, an analysis published on Monday found, pointing to shortcoming related to dubious “net zero” claims, marginal progress towards decarbonisation, erroneous use of carbon offsets, and a lack of transparency across companies such as Amazon, Walmart, PepsiCo, and Nestle.
Read MoreBank identifies heightened investor interest in biodiversity, and ways to get involved
An increasing number of investors are looking to integrate biodiversity into their investment frameworks, according to Morgan Stanley, one of the largest global investment management and financial services companies, describing options for portfolio integration.
Read MoreThe pure pitch: Developer seeks buyout to scale water and climate clean-up
A carbon project developer is hoping to urgently scale an approach that simultaneously improves clean drinking water and reduces GHG emissions, noting that corporates will increasingly be on the hook to demonstrate investments in social, as well as climate benefits.
Read MoreOECD gathers more than 100 nations in fresh effort to drive coordinated emissions cuts
The OECD launched a new working group on Thursday, gathering more than 100 countries to share best practices on how to cut global emissions, and aiming to coordinate policies and provide the data necessary to compare efforts across geographies.
Read MoreGreen and Indigenous groups support jurisdictional forest carbon credits, update integrity guide
A coalition of eight prominent environmental and Indigenous Peoples organisations published new guidance on Thursday, supporting jurisdictional forest carbon approaches by providing guidance to help steer would-be buyers towards high-integrity credits in the wake of related media scrutiny.
Read MoreBank-led carbon credit transaction network prepares to move beyond pilot trades
Nine global banks invested $45 million in a new carbon credit transaction network on Wednesday, providing details on plans to expand the platform beyond pilot deals to help scale the voluntary carbon market and make it easier for their customers to participate.
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