INTERVIEW: New forest carbon standard seeks to disconnect revenue from credit issuance, ensure community buy-in
A new forest carbon standard is looking to take an area-based model to how it generates revenue, rather than being paid for how many credits it issues to a project, and will require transparent benefit sharing among all project stakeholders to ensure community approval.
Read MoreUS retailers slammed for lack of sustainable products amid escalating deforestation concerns
US retailers are under fire for not providing sustainable alternatives to products such as toilet paper and paper towels that are contributing significantly to global deforestation and climate change, according to a new report.
Read MoreINTERVIEW: EU should stand firm on demanding transparency in int’l carbon markets, former top official says
The EU should stand firm on its demand for transparency in the Paris Agreement’s Article 6, as without it, the entire international carbon market system could fail, the bloc’s former top climate official told Carbon Pulse in an interview.
Read MoreUN doubles down on call for ‘solidarity levies’ from polluting industries
Countries need to look to new sources of climate finance including “solidarity levies” on sectors such as shipping, aviation, and fossil fuels extraction, the UN’s special adviser on climate change said on Tuesday.
Read MoreExperts update UN guidance on cookstove carbon crediting calculation
The number of carbon credits generated from cookstove projects could be set to tumble after the UNFCCC released an updated expert report on the key emissions reduction calculation rate.
Read MoreSwiss entity estimates 15 mln ITMOs from current Article 6 carbon pipeline, paying nearly $40/t
A Swiss organisation, working on international Article 6 carbon programmes with host nations, expects they will generate an ITMO supply of 15 million tonnes by 2030, according to a report published Tuesday, paying nearly $40 per tonne for a large proportion of the forecast volume.
Read MoreBRIEFING: Carbon credits key part of coal phaseout equation
Carbon credits to compensate for loss of revenue in the early closure of coal plants will be an integral part of achieving coal phaseouts in developing countries, said stakeholders during a high-level dialogue on phasing out coal hosted in London.
Read MoreWorld Bank, IMF operationalise climate action framework with first Madagascar project
The World Bank and the International Monetary Fund (IMF) have launched the ‘Enhanced Cooperation Framework for Climate Action’ with Madagascar as the first beneficiary.
Read MoreNew insurance brings warranties from M&A into voluntary carbon market
The first warranty and indemnity (W&I) insurance policy in the voluntary carbon market (VCM) has been arranged, a broker announced Friday, lifting due diligence and risk transfer procedures from the world of mergers and acquisitions (M&A) in hopes of providing buyer-side assurances of supplier-side reliability.
Read MoreArticle 6 cookstove carbon credit supply builds in Verra registry, but few retirements
More than 2.4 million cookstove carbon credits have been tagged with an Article 6 authorisation label in the Verra registry but only a tiny number have been retired, data shows Friday.
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