African Union to develop ‘Gold Standard’ for carbon offsets
The African Union Development Agency is looking for a consultancy service to develop an optimum standard for voluntary carbon offsets in Africa, to be labelled the ‘African Gold Standard’.
Read MoreVoluntary carbon standard publishes revisions after being denied full eligibility for CORSIA
Gold Standard has published clarifications and procedural revisions to boost its chances of supplying voluntary carbon credits for Phase 1 of CORSIA, the UN international aviation offsetting scheme.
Read MoreMalawi, battling extreme poverty and debt, turns to carbon markets to secure forex reserves
One of the world’s poorest, most indebted, and most climate-vulnerable countries is turning to carbon markets to secure foreign exchange reserves, as countries prepare to debate a new climate finance target amid crushing debt burdens at the COP29 UN climate conference this autumn.
Read MoreTaxing fossil fuels in advanced economies could raise $720 bln by 2030 for climate adaptation
Taxing the domestic extraction of coal, oil, and gas in the world’s richest economies could raise as much as $720 billion by 2030 to help with climate adaptation in vulnerable nations, by way of the Loss and Damage Fund, finds a report backed by dozens of climate organisations.
Read MoreBRIEFING: Integrity initiatives in VCM will help to narrow oversupply, boosting prices, analysis shows
Drives for greater integrity in the voluntary carbon market, such as classification of high-quality projects by rating agencies, will help to instil greater confidence in the market, bolstering demand and reducing oversupply so that prices could exceed $230 per tonne in the 2040s, according to analyst research heard on a webinar today.
Read MoreINTERVIEW: Strong social return on investment boosts REDD project in Tanzania
A REDD developer in Tanzania is seeking to boost the selling power of its avoided deforestation projects by assessing the social impact of investment.
Read MoreECOSYSTEM MARKETPLACE: Companies and Carbon Credits: From Anecdote to Evidence
The SBTi’s recent announcement about offset use against Scope 3 emissions was a significant milestone for the VCM, but it is already rekindling the debate between market proponents and critics. What does the evidence regarding carbon credits say, and why does this matter for nature?
Read MoreINTERVIEW: Durable carbon removals present new challenges, risk profile for insurance
Carbon insurers, previously focused on nature-based solutions (NBS) credits, are entering the arena of durable CO2 removals (CDR) and adapting existing insurance strategies to suit a new risk profile, according to a specialist speaking to Carbon Pulse.
Read MoreDAC and carbon storage companies team up for removals project in Kenya
A direct air capture developer is teaming up with a carbon storage technology company to create a value chain for extracting CO2 from the atmosphere and permanently storing it underground, helping to streamline the sale of carbon credits, it announced on Wednesday.
Read MoreINTERVIEW: Plastic credits for waste recovery can help plug financing, regulatory gaps
Plastic credits should be used wherever there’s a financing gap to make plastic collection happen and as a bridge to extended producer responsibility regulation, while they should be sufficiently expensive to dissuade plastic makers from producing the waste in the first place, according to a developer of track and trace software for waste recovery.
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