Shell publicly backs nature-based voluntary carbon credits, despite shelving targets

Published 14:15 on September 8, 2023  /  Last updated at 14:15 on September 8, 2023  / /  International, Nature-based, Voluntary

A senior leader at Shell on Friday appeared to reinforce the company’s support for purchasing nature-based carbon credits, despite the oil major having dropped public targets for its credit-buying programme.

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Colombian government announces billion-dollar fund to tackle deforestation

Published 18:07 on September 7, 2023  /  Last updated at 18:07 on September 7, 2023  / /  Americas, Carbon Taxes, South & Central

The Colombian environment ministry on Wednesday announced a fund to help reduce deforestation and put the country on track to reach its climate targets.

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Analysts latest to launch country-level index to aid voluntary carbon market investors

Published 15:03 on September 7, 2023  /  Last updated at 15:05 on September 7, 2023  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, US, Voluntary

A carbon analytics firm has announced a new indexing system that ranks countries based on their regulatory and investment attractiveness for voluntary carbon market (VCM) projects, following on from another marketplace announcing a similar service earlier this week, as they both aim to clear up the information landscape amid the rapidly changing sector.

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Finance coalition outlines biodiversity guidance for action from central banks

Published 12:15 on September 7, 2023  /  Last updated at 12:15 on September 7, 2023  / /  Biodiversity

An organisation representing eight central banks has issued guidance on how financial institutions can approach nature-related risk.

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US agtech company publishes peer-reviewed soil carbon credit methodology

Published 01:14 on September 7, 2023  /  Last updated at 01:14 on September 7, 2023  / /  Americas, Nature-based, Voluntary

An agtech-focused carbon credit developer has had its methodology published in a peer-reviewed journal, which they claim adds scientific weight to their crediting approach.

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UN finance bodies release global principles to scale blue bonds

Published 16:30 on September 6, 2023  /  Last updated at 16:30 on September 6, 2023  / /  Biodiversity, International, Voluntary

A group of UN finance organisations have launched voluntary principles to guide market participants for bond instruments in an effort to increase biodiversity and climate-focused investment in marine projects.

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Time to define ‘nature positive’, says new global initiative

Published 15:10 on September 6, 2023  /  Last updated at 15:54 on December 21, 2023  / /  Biodiversity, International

A coalition comprising some of the largest environmental organisations and business groups has banded together to define the term ‘nature positive’, in a bid to clear up its meaning for stakeholders in nature and biodiversity.

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AFRICA CLIMATE SUMMIT: Nature NGOs commit $150 mln to restore African rangelands

Published 09:53 on September 6, 2023  /  Last updated at 09:53 on September 6, 2023  / /  Africa, Biodiversity, EMEA

Conservation International and the Peace Parks Foundation have committed $150 million to a new initiative during Africa Climate Week that aims to boost biodiversity and climate resilience through climate-smart grazing practices.

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Nature coalition criticises UK government progress towards 30×30 biodiversity protection target

Published 12:59 on September 5, 2023  /  Last updated at 13:04 on September 5, 2023  / /  Biodiversity

A coalition of more than 78 UK-based environmental organisations has claimed that the UK government lacks progress on the country’s 30×30 nature-protection pledge and called for more robust action.

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Cookstove project developers challenge academics’ over-crediting claims

Published 16:05 on September 4, 2023  /  Last updated at 08:45 on September 6, 2023  / /  International, Voluntary

A group of project developers have challenged academics’ claims that cookstove projects are being over-credited, in an open letter published on Monday, mirroring public debates around voluntary REDD+ credits.

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