UK nature start-up to launch own biodiversity credit standard

Published 13:50 on January 9, 2024  /  Last updated at 13:50 on January 9, 2024  / Stian Reklev /  Biodiversity, EMEA

A UK-based nature start-up launched this week with plans to carry out ecological restoration projects and develop its own voluntary biodiversity credit standard to drive private investment.

Read More

China ETS gets clout boost as State Council approves regulations

Published 13:00 on January 5, 2024  /  Last updated at 13:00 on January 5, 2024  / Stian Reklev /  Asia Pacific, China

China’s State Council on Friday approved regulations for the national emissions trading scheme, adding bureaucratic clout to the scheme, which so far only has been formally backed at ministerial level.

Read More

EU forest strategy could move biodiversity risk to more vulnerable countries, study warns

Published 08:55 on January 5, 2024  /  Last updated at 08:55 on January 5, 2024  / Stian Reklev /  Biodiversity, EMEA, International

Even under a moderate implementation of the EU’s biodiversity strategy, tens of millions of cubic metres of roundwood production would be moved to countries with lower governance quality and higher risk of species extinction, a study has warned.

Read More

Carbon market group to cooperate with VCMI on improving integrity, access for Indian companies

Published 09:39 on January 4, 2024  /  Last updated at 09:39 on January 4, 2024  / Stian Reklev /  Asia Pacific, International, Other APAC, Voluntary

An Indian carbon market industry group on Thursday announced it will collaborate with the Voluntary Carbon Market Integrity Initiative (VCMI) to advance the South Asian nation’s participation in global offset trade and boost quality in the country’s emissions reductions sector.

Read More

Cercarbono puts indicator species methodology out for consultation

Published 03:23 on December 29, 2023  /  Last updated at 05:28 on December 29, 2023  / Stian Reklev /  Americas, Biodiversity, South & Central

Colombia-based credit standard Cercarbono has released for public consultation a methodology that will allow project developers to earn Voluntary Biodiversity Credits (VBCs) for the protection of ecosystem indicator species.

Read More

Regen Network weighs taking on board Terrasos biodiversity credits

Published 07:11 on December 15, 2023  /  Last updated at 09:04 on December 15, 2023  / Stian Reklev /  Americas, Biodiversity, South & Central

Environmental trading platform Regen Network is lining up a vote among its community members to decide whether to start listing units generated by Colombia-based Terrasos as a first outright biodiversity credits on the platform, with others to follow.

Read More

Consortium seeks GHG acreage in Australia for CCS

Published 06:26 on December 14, 2023  /  Last updated at 06:41 on December 14, 2023  / Stian Reklev /  Asia Pacific, Australia

A group of companies said Thursday they have bid to explore several of the 10 areas made available for carbon capture and storage location exploration by the Australian government earlier this year in a bid to establish themselves in the emerging Asia-Pacific CCS value chain.

Read More

African projects earn accelerator status, eye biodiversity credits

Published 08:47 on December 13, 2023  /  Last updated at 08:47 on December 13, 2023  / Stian Reklev /  Africa, Biodiversity, EMEA

The first African biodiversity accelerator has picked two initial winners, both forestry projects in the process of exploring options in the biodiversity credit market.

Read More

COP28: US developer, African Union agency eye huge landscape restoration projects

Published 22:19 on December 11, 2023  /  Last updated at 22:19 on December 11, 2023  / Stian Reklev /  Africa, Americas, International, Kyoto Mechanisms, Nature-based, Paris Article 6, US, Voluntary

A US project developer and the African Union Development Agency (AUDA) have penned partnerships with two African countries that call for millions of hectares of land to be restored, with as much as 3 billion tonnes of CO2 to be sequestered over the next half century.

Read More

COP28: Nations to review debt interplay with nature, climate

Published 16:29 on December 11, 2023  /  Last updated at 16:29 on December 11, 2023  / Stian Reklev /  Africa, Americas, Biodiversity, EMEA, International, South & Central

Colombia, Kenya, and France on Monday said they will launch an expert review of the relationship between, debt, nature loss, and climate change in a bid to better position nations to solve the three major crises.

Read More