UK outfit releases global framework for measuring, crediting nature investments
UK-based CreditNature has released its ecosystem integrity-based framework that has been designed to underpin the issuances of nature credits and other financial instruments.
Read MoreTesting the waters: Indian developer rolls out West Papua reef project as first of several biodiversity pilots
An India-based carbon developer has submitted a coral reef project in Indonesia’s West Papua for pilot status under Verra’s emerging biodiversity methodology, with plans for other project types already teed up.
Read MoreCanadian miner says will apply for seabed mining licence next year, eyes 2025 start
Canada’s The Mining Company (TMC) said Tuesday it will apply to the International Seabed Authority (ISA) for a deep sea mining licence after the ISA Council meeting in July next year, and expects to begin operations in an area more than twice as big as initially planned in Q4 2025.
Read MoreISA negotiations end with no decision on deep sea mining
The International Seabed Authority (ISA) wrapped up three weeks of negotiations in Jamaica Friday with no decision on deep seabed mining, denying the mining industry the green light to go ahead for at least another two years.
Read MoreInternational regulations miss 40% of species threatened by trade
International rules regulating wildlife trade overlook some 40% of plants and animals at risk from such trade because there is no established methodology to identify them, a study has found.
Read MoreIndian parliament passes controversial biodiversity bill
India’s lower house of parliament on Tuesday passed an amendment to its 2002 biodiversity act amid concerns the bill weakens regulatory oversight and will make it harder for the mega biodiverse country to meet its targets under the Kunming-Montreal Global Biodiversity Framework (GBF).
Read MoreConverging markets seen to boost voluntary demand, investment opportunities
The push for higher-quality carbon credit methodologies is driving increasing convergence between compliance, voluntary, and Article 6 markets that is creating bigger demand and greater opportunities for investors, a conference heard Wednesday.
Read MoreINTERVIEW: Startup begins fair trade biodiversity credit pre-sales
A US-based startup working with Indigenous small farmers in the Amazon on conservation initiatives has begun pre-sales of its fair trade biodiversity credits, while expecting its indicator species biodiversity methodology to earn its first market standard certification by October.
Read MoreAustralia to hammer out sectoral decarbonisation plans on way to net zero
Australia on Tuesday announced it will start work to develop sector-specific emissions reduction plans for large parts of its economy that will feed into its work on setting a 2035 target and its strategy to reach net zero by mid-century.
Read MoreFirst African plastic project registered with Verra
A plastic collection and recycling project in Senegal has been registered with Verra, the first on the African continent to qualify for earning the standard’s Waste Collection Credits (WCCs) and Waste Recycling Credits (WRCs).
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