Science-based targets see 87% increase in companies with validated targets, but monitoring remains a challenge
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.
Read MoreFrom retiring to rewilding: Charity purchases land for former circus elephants’ last hurrah
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.
Read MoreGovernments still cautious and uncertain on Article 6 and the voluntary carbon market, say experts
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.
Read MoreGreen fertiliser company eyes future carbon credit sales via its South American project
A London-listed fertiliser and green hydrogen company is targeting carbon credits as a major revenue source for its South American upcoming project.
Read MoreTimber and pulp companies unprepared for EU-deforestation legislation, study suggests
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.
Read MoreGabon seals first debt-for-nature swap on mainland Africa, focus on oceans
Gabon’s national debt has been restructured under a ‘Blue Bond’ in the world’s second-largest debt-for-nature swap.
Read MoreUK land management firm to develop biodiversity uplift fund
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.
Read MoreAustrian UNESCO world heritage site launches offsetting partnership
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.
Read MoreUK company wins government backing to kickstart biodiversity credits in Scotland
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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