Wildfires push Canada’s forests towards becoming a net carbon source, study finds
Canada’s forests are being pushed towards becoming a net carbon source as wildfire activity intensifies, according to a recent study.
Read MoreUN Third World Ocean Assessment sees deepening ocean crisis
A UN-led report released on Monday provided an updated assessment of the state of the world’s oceans and the factors driving changes across marine ecosystems.
Read MoreCFTC: Producers, managed money diverge across CCA, RGA holdings
Producers and financial players moved in opposite directions across the North American carbon credit schemes reported by the US Commodity Futures Trading Commission (CFTC), particularly in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs).
Read MoreNewly-launched forest conservation finance vehicle seeks $50 mln for community-led projects
A forest finance facility launched Friday is targeting an initial $50 million raise to provide early-stage and continuity capital for Indigenous and traditional community-led forest conservation projects.
Read MoreAlberta price floor could fail, set path to increased emissions, market observers say
Alberta market participants are pricing credits for “materially looser market conditions” as the price floor laid out in the Canada-Alberta carbon deal looks set to fail, charting a path to increased emissions by the mid-2030s without tighter stringency, a new analysis said.
Read MoreCanadian timber company reports emissions cuts, $13.3 mln in credit revenues
A Canadian-headquartered forestry company this week reported progress towards its climate targets, including lower emissions and new revenues from carbon market activities, in its latest sustainability report.
Read MoreCanadian DAC developer inks deal with large bank for 18k credits
A Canadian bank has signed a deal to purchase 18,000 verified direct air capture (DAC) carbon removal (CDR) credits from a Montreal-headquartered project developer, it was announced on Thursday.
Read MoreFinancing supports expansion of US stream and wetland restoration platform
A US mitigation banking platform has secured financing to support the expansion of its portfolio of stream and wetland restoration assets.
Read MoreFAO guidance seeks alignment on tree crop mapping data
New guidance published this week seeks to improve the consistency and transparency of spatial data used to monitor deforestation-linked commodity supply chains.
Read MoreBRIEFING: Bring finance ministers to Yerevan, stakeholders urgeĀ
Biodiversity finance should be elevated beyond environment ministries and embed nature considerations across economic policymaking, speakers urged governments at an online event Tuesday ahead of COP17 in Yerevan.
Read More