VCM Report: Prices fracture further, cheap end drops as quality rises in market
Integrity continued to drive prices last week, after the pre-COP30 tide that had lifted the market ebbed away, and the forestry sector was left battling again to be included in Article 6.4.
Read MoreCompanies face $279 bln in hidden deforestation risks, report warns
Companies and financial institutions are unwittingly exposed to at least $279 billion of financial risk due to the continued destruction of the world’s forests, according to a report published by an environmental disclosure non-profit on Monday.
Read MoreCOP30: Governments, private sector, NGOs launch global coalition to scale J-REDD+
A group of countries, civil society representatives, and the private sector launched a new coalition to support jurisdictional REDD+ (J-REDD+) programmes gain scale at COP30 on Monday.
Read MoreBusinesses urge EU to launch anti-deforestation law with grace period, not delay
A coalition of companies involved in palm oil, cocoa, rubber, coffee, and wood urged EU policymakers to resist calls to delay the bloc’s anti-deforestation law and instead introduce it with a grace period at the end of the year.
Read MoreCOP30: Amazon alliance targets raising CHF 10 mln for nature-based solutions
An alliance focused on deploying nature-based solutions (NbS) across the Amazon rainforest to help reduce the risks from natural disasters has issued a call to raise CHF 10 million ($12.6 mln) to reach 4 mln people.
Read MoreCOP30: GCF-backed project targets conserving 85 mln ha
An initiative that seeks to permanently conserve land at scale across four countries by raising $375 million has been announced, backed by organisations including the Green Climate Fund (GCF).
Read MoreCOP30: New model aims to integrate nature into sovereign debt analysis
The Finance for Biodiversity (FfB) Foundation has released a new financing model aimed at better incorporating nature into sovereign debt assessments.
Read MoreCOP30: MDBs unveil blueprint to scale private investment for nature
Multilateral development banks (MDBs) have released a ‘playbook’ aimed at mobilising large-scale private investment into ecosystem protection, setting out a model to treat natural systems as infrastructure assets while using biodiversity credits.
Read MoreCOP30: Roundup for Day 7 – Nov. 17
Things are hotting up at the summit as ministers now arrive to push forward on key talks, which come after a rumoured 40,000+ people took to the streets on Saturday to march for climate justice.
Read MoreCOP30: Parties on course to back agreed PACM standards
A new Article 6 text concerning the Paris Agreement Crediting Mechanism (PACM) would see countries back decisions on permanence, baselines, and additionality made by technical experts earlier this year.
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