Science-based targets see 87% increase in companies with validated targets, but monitoring remains a challenge

Published 17:19 on August 17, 2023  /  Last updated at 17:19 on August 17, 2023  / /  International, Voluntary

The Science-Based Targets initiative (SBTi) signalled a significant increase in validated corporate climate targets in its 2022 annual report, but flagged a lack of full coverage with progress reporting.

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From retiring to rewilding: Charity purchases land for former circus elephants’ last hurrah

Published 12:14 on August 17, 2023  /  Last updated at 12:14 on August 17, 2023  / /  Biodiversity, EMEA

A UK-based charity has purchased land in Alentejo, Portugal with a vision to transform it into a rewilding project and sanctuary for former circus elephants.

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Governments still cautious and uncertain on Article 6 and the voluntary carbon market, say experts

Published 19:35 on August 16, 2023  /  Last updated at 08:22 on August 18, 2023  / /  Climate Talks, International, Paris Article 6, Voluntary

A lack of national capacity and significant regulatory uncertainty makes for a patchwork of rules between Article 6 and the voluntary carbon market (VCM), industry experts said on Wednesday.

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Green fertiliser company eyes future carbon credit sales via its South American project

Published 17:20 on August 16, 2023  /  Last updated at 17:22 on August 16, 2023  / /  Americas, EMEA, International, Voluntary

A London-listed fertiliser and green hydrogen company is targeting carbon credits as a major revenue source for its South American upcoming project.

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Timber and pulp companies unprepared for EU-deforestation legislation, study suggests

Published 16:29 on August 15, 2023  /  Last updated at 06:02 on August 21, 2023  / /  Biodiversity, EMEA

Timber and pulp companies have not made sufficient progress towards complying with an upcoming EU law that obliges companies to prove products sold in the 27-nation bloc have not led to deforestation, according to a London-based initiative.

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Gabon seals first debt-for-nature swap on mainland Africa, focus on oceans

Published 13:10 on August 15, 2023  /  Last updated at 13:10 on August 15, 2023  / /  Biodiversity, EMEA

Gabon’s national debt has been restructured under a ‘Blue Bond’ in the world’s second-largest debt-for-nature swap.

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UK land management firm to develop biodiversity uplift fund

Published 11:05 on August 15, 2023  /  Last updated at 11:05 on August 15, 2023  / /  Biodiversity, EMEA

Land management firm Restore has initiated discussions with investors to set up a fund to secure a 40,000-hectare biodiversity uplift across the UK.

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Austrian UNESCO world heritage site launches offsetting partnership

Published 18:01 on August 14, 2023  /  Last updated at 18:07 on August 14, 2023  / /  EMEA, Nature-based, Voluntary

The Duerrenstein-Lassingtal Wilderness Area in Lower Austria has announced its first “climate partnership” with a cosmetics and food supplements company, aiming to provide corporates with a means to offset their emissions.

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UK company wins government backing to kickstart biodiversity credits in Scotland

Published 15:35 on August 14, 2023  /  Last updated at 09:16 on August 15, 2023  / /  Biodiversity

UK-based CreditNature has won a contract with the Scottish government to develop a biodiversity credit system, in an effort to catalyse the voluntary market in Scotland.

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