Partial ecosystem collapse could increase sovereign debt payments by $162 bln/year -study
Under a partial ecosystem collapse scenario, biodiversity loss and deforestation decrease GDP and sovereign credit ratings across 23 countries, resulting in at least $162 billion per year in excess sovereign debt payments by 2030, according to a peer-reviewed study.
Read MoreBRIEFING: Carbon credit co‑labels spark premiums as buyers continue to seek assurance
Carbon credit co‑labels have emerged as a “trust currency” in the voluntary carbon market (VCM), with market participants noting that they are shaping pricing tiers, buyer behaviour, and project design standards.
Read MoreCDR demand to outstrip supply fivefold by 2036 -report
Demand for durable carbon removals (CDR) could outstrip annual supply more than five times by 2036, opening a roughly 50 million tonne shortfall as corporate needs struggle to be met by a market that has issued just 2 mln units to date, according to a new report.
Read MoreIUCN, partners launch project to improve indicators on wildlife use and trade
The International Union for Conservation of Nature (IUCN) and eight partners launched a project on Friday to provide a clearer picture of how wildlife is bought, sold, and used globally.
Read MoreMENA Roundup: Gulf countries build up voluntary carbon markets at home
Middle Eastern and North African (MENA) countries last month offered carrots, sticks, and capacity support to accelerate domestic and regional carbon market development.
Read MoreCOMMENT: Biodiversity credits need comparability, not consensus
Can biodiversity markets establish confidence that different approaches produce scientifically credible, transparent, and comparable outcomes?
Read MoreReal CORSIA demand could be 38% lower than theoretical obligation, analysts say
The demand for Eligible Emissions Units (EEUs) under the UN’s CORSIA aviation offsetting scheme could be far below the 198 mln EEUs due to be retired by Jan. 2028, largely because of limited enforcement – while uncertain supply thins liquidity in the market, according to an analysis published Thursday.
Read MoreWorld Bank updates green bond framework, project eligibility list
The International Finance Corporation (IFC), the private-sector branch of the World Bank Group, has updated its Green Bond Framework to expand the range of projects eligible for financing.
Read MoreTNFD opens consultation on refining nature risk assessment guidance
The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a public consultation on proposed updates to its guidance for assessing nature-related risks, aiming to improve how companies translate nature dependencies and impacts into financially material risks.
Read MoreRenewables a ‘geopolitical shock absorber’ and their cost advantage over fossil fuels keeps widening, says IRENA
The cost advantage of renewable energy over fossil fuels continues to widen – helping to avoid an estimated $480 billion in fossil fuel-related costs last year and about 8.4 bln tonnes of CO2 emissions – turning clean energy into a “geopolitical shock absorber” during times of energy crisis, said the International Renewable Energy Agency (IRENA) in new analysis.
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