BRIEFING: Packed election year risks silencing discussions on climate, say former UN leaders
Two former UN leaders highlighted the world risks losing sight of the urgency to tackle climate change over this packed election year, with conflicts and short-termism taking political priority, during an event in London on Friday.
Read MoreNew reforestation project in Sierra Leone under fire for allegedly abusing land owner rights
A reforestation project in Sierra Leone has come under fire for allegedly abusing landowner rights before the project was registered with Verra, although the developers say correct procedures were followed.
Read MoreFEATURE: Corporates seek customised projects to tackle their waste footprints
Corporates are keen to support customised waste collection and recycling programmes that equate to their waste production footprint and potentially tie back to their own supply chain, with the plastic credit model not suited to all circumstances, say market stakeholders.
Read MoreArticle 6 Supervisory Body agrees on grievance mechanism procedure in “significant” milestone
The body mandated to shape UN carbon crediting under Article 6 has adopted procedures relating to grievances, notably getting rid of fees for those wanting to make complaints, in what observers have welcomed as a “significant” milestone.
Read MoreAdjusted carbon credits don’t necessarily equate to high quality, say experts
Credit quality is more dependent on the certifying carbon standard and methodology than whether it has been authorised for corresponding adjustments by a host country government under the Paris Agreement, according to speakers on a webinar.
Read MoreICVCM decision on first eligible voluntary carbon methodologies delayed til June as Verra, ART get nod of approval
Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)’s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.
Read MoreDevelopers mixed in willingness to engage with Article 6 market, says standard body
A carbon standard has said it sees a mixed approach among developers on their readiness to engage with Article 6, with some preferring to only transact on the voluntary market due to perceived investment uncertainties and risks relating to the UN mechanisms, while others are attracted to the high potential prices.
Read MoreINTERVIEW: Kenya, US are attractive destinations for upstart DAC developer
Kenya is a top destination for carbon removal projects because of its wealth of renewable energy and natural resources, while a supportive regulatory environment makes it and the US attractive destinations for investment, according to a direct air capture (DAC) developer .
Read MorePayment firm hikes carbon price and pours funding into carbon removal projects
An online payment service company has doubled its internal carbon tax to $200, enabling the company to donate $2 million that will go to 13 carbon removal startups, the firm announced on Wednesday.
Read MoreProject developer, financial advisory launch facility to fund NBS in Amazon, Africa
A carbon project developer and international financial advisory have teamed up to launch an early-stage funding facility to invest in nature-based solutions in the Amazon and Africa, they announced Tuesday.
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