INC-5: BRIEFING – Plastic credit market tipped to grow “with or without” UN treaty

Published 07:00 on November 25, 2024  /  Last updated at 10:28 on November 20, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA, Other APAC

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.

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Bahamas inks $300 mln debt swap deal to finance marine conservation

Published 14:35 on November 22, 2024  /  Last updated at 14:35 on November 22, 2024  / /  Americas, Biodiversity, South & Central

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.

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Mexican state launches biodiversity, carbon credit programme

Published 11:29 on November 22, 2024  /  Last updated at 11:29 on November 22, 2024  / /  Americas, Biodiversity, Mexico, Nature-based, Voluntary

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.

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COP29: German govt announces over €1 bln in annual biodiversity funding

Published 09:30 on November 22, 2024  /  Last updated at 09:30 on November 22, 2024  / /  Biodiversity, Climate Talks, EMEA, Nature-based, Voluntary

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.

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International law firm buys water, carbon units from project in Egypt

Published 11:05 on November 21, 2024  /  Last updated at 11:05 on November 21, 2024  / /  Africa, Biodiversity, EMEA, Nature-based, Voluntary

An international law firm has purchased a batch of natural capital units generated through a regenerative agriculture project in Egypt, Carbon Pulse has learned.

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PREVIEW: UN plastic talks enter last stretch amid outcry over weak draft agreement

Published 07:00 on November 21, 2024  /  Last updated at 13:30 on November 19, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA, Other APAC

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.

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INTERVIEW: French biodiversity credit scheme hard to scale without EU incentives

Published 15:54 on November 20, 2024  /  Last updated at 15:54 on November 20, 2024  / /  Biodiversity, EMEA

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.

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Norway commits $60 mln to the Amazon Fund

Published 11:23 on November 19, 2024  /  Last updated at 11:23 on November 19, 2024  / /  Americas, Biodiversity, EMEA, Nature-based, South & Central, Voluntary

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.

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Improved biodiversity metrics needed to help companies align with CSRD, report says

Published 12:21 on November 18, 2024  /  Last updated at 12:21 on November 18, 2024  / /  Biodiversity, EMEA

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.

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France launches voluntary biodiversity credit scheme

Published 14:09 on November 15, 2024  /  Last updated at 14:09 on November 15, 2024  / /  Biodiversity, EMEA

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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