NGOs outline principles to improve JETP design ahead of G7 summit
A coalition of civil society groups have outlined a series of principles which they say will ensure a fair Just Energy Transition Partnership (JETP) design, ahead of the G7 leaders summit this week.
Read MoreNew Paris pledges could triple emission reductions, if they reflect existing technologies, goals
Governments could put the world on track to nearly triple emission reductions by 2035 compared to the current trajectory, if their updated Paris Agreement pledges take in account current technological progress, existing national policies, and the commitments made in Dubai last year, according to research published on Monday.
Read MoreXpansiv quickly adds CCP label to credits tagged with high integrity stamp
Xpansiv has moved quickly out of the blocks to ensure credits are labelled with the ICVCM’s high integrity Core Carbon Principles (CCP) label after the stakeholder initiative approved eligibility of seven methodologies on Thursday.
Read MoreMirova, Rainforest Alliance announce regenerative agriculture partnership
Investor Mirova and non-profit Rainforest Alliance have announced a partnership to scale up nature-based solutions focused on regenerative agriculture around the world.
Read MoreWorld’s first carbon insurance product launched to protect trade in ITMOs
The world’s first insurance solution was launched Thursday to protect against the risk of an ITMO credit losing its Article 6 authorization due to the corresponding adjustment (CA) not being made by the host country.
Read MoreMalawi gives go-ahead to project to distribute 2 mln clean cooking stoves
A developer of clean cooking appliances and carbon offset projects has received authorisation to begin carbon projects in Malawi, it announced on Wednesday.
Read MoreGroup of African countries calls on SBTi to support corporate offsetting -Reuters
A group of West African countries has reportedly appealed to the Science Based Targets initiative (SBTi) to include a provision for carbon offsetting within its net zero guidance to companies, saying that credit revenues are crucial to supporting communities and conservation efforts.
Read MoreCarbon markets could unlock private green finance, but greater integrity needed
The perception of risk remains a significant roadblock to scaling private climate finance – especially in developing countries – but stronger policies and international standards for carbon pricing would help to unlock bigger and faster flows, a conference heard.
Read MoreScientist warns against voluntary carbon scandals slowing rainforest conservation
A scientist featured as part of media reporting on scandals in the voluntary carbon market has warned against letting the pervasive negative criticism impact rainforest conservation, outlining a ‘medium term’ role for REDD+ credits.
Read MoreGuardian ‘open’ to writing positive stories about VCM, when they emerge
“Good projects” have been caught up in the controversy about the voluntary carbon market exposed by the Guardian, acknowledged one of the journalists who wrote the stories, adding that editors at the UK-based newspaper were committed to write about “good examples” when they emerge.
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