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 MoreBahamas inks $300 mln debt swap deal to finance marine conservation
The Bahamas government has signed a deal to refinance $300 million of its external debt, in a move that is expected to unlock more than $120 mln for marine conservation over the next 15 years.
Read MoreMexican state launches biodiversity, carbon credit programme
A Mexican state has partnered with a Franco-Mexican environmental credit company to kickstart a programme aimed at advancing the local biodiversity and carbon market.
Read MoreCOP29: German govt announces over €1 bln in annual biodiversity funding
Germany plans to ringfence an annual €1.1 billion to fund biodiversity conservation starting next year, a government official announced at the ongoing COP29 UN climate summit in Azerbaijan.
Read MoreInternational law firm buys water, carbon units from project in Egypt
An international law firm has purchased a batch of natural capital units generated through a regenerative agriculture project in Egypt, Carbon Pulse has learned.
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 MoreINTERVIEW: French biodiversity credit scheme hard to scale without EU incentives
France’s newly launched biodiversity credit scheme is unlikely to scale unless the EU takes actions to incentivise corporate voluntary purchases across the bloc, consultancy CDC Biodiversite told Carbon Pulse.
Read MoreNorway commits $60 mln to the Amazon Fund
The Norwegian government has pledged an additional NOK 670 million ($60 mln) to the Amazon Fund to help conserve the rainforest region, it announced on the sidelines of the G20 summit in Brazil.
Read MoreImproved biodiversity metrics needed to help companies align with CSRD, report says
Companies are lagging behind in aligning biodiversity-related disclosures with the EU’s Corporate Sustainability Reporting Directive (CSRD), and are failing to disclose metrics, an assessment has found.
Read MoreFrance launches voluntary biodiversity credit scheme
The French government has announced the launch of a national scheme for voluntary biodiversity credits, in an attempt to mobilise private financing towards nature conservation and restoration.
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