COMMENT: Scale high integrity forest carbon markets
Access to high integrity carbon market finance could reduce emissions from HFLD regions; prompt decisions can accelerate progress.
Read MoreCorporate CO2 emissions align with nature dependency, report says
Companies with operations more reliant on ecosystem services had higher volumes of CO2 emissions than firms less dependent on the natural world, a report published this week found.
Read MoreCOP30: Roundup for Day 10 – Nov. 20
Day 10 at COP30 in Belem. Article 6 (should) also be cleaned up and pushed on Thursday, with overnight decision texts looking and uncontroversial, sources said. After this, the real battled in Belem will pivot to the meaty package Brazil wants to deliver, with the presidency now convening “shuttle diplomacy” to try bridge the unbridgeable gaps on climate finance and fossil fuel language.
Read MoreCOP30: Biodiversity credit pilots struggling to find buyers amid high monitoring costs -IAPB
Lack of demand and high costs of monitoring were among the biggest challenges faced by more than 30 biodiversity credit pilot projects surveyed by the International Advisory Panel on Biodiversity Credits (IAPB).
Read MoreCOP30: Germany pledges €1 bln to Brazil’s forest fund after diplomatic spat
Germany will invest €1 billion in the forest fund proposed by the Brazilian government, it announced on Wednesday.
Read MoreCOP30: Brazilian development bank launches call for blue carbon certification, announces $2 mln for forest restoration
Brazil’s national development bank at COP30 on Wednesday opened a call for proposals to structure a certification model for blue carbon projects, while also announcing R$1o million ($1.9 mln) for restoration in the Atlantic Forest.
Read MoreCOP30: Bolivia prepares new carbon market regulation as government pivots towards Article 6
Bolivia’s new centre-right administration is drafting a regulatory framework to support participation in voluntary and compliance carbon markets to channel climate finance into local communities, two officials said on Wednesday.
Read MoreAll three scenarios of Verra J-REDD Framework eligible for CCP badge -ICVCM
Credits issued under all three scenarios of Verra’s jurisdictional REDD (J-REDD) methodology will be eligible for the Core Carbon Principles (CCP) badge, the Integrity Council of the Voluntary Carbon Market (ICVCM) said on Wednesday.
Read MoreUS non-profit releases marine biodiversity credit framework
A US-based non-profit has published its marine restoration framework with the aim of helping local communities access funding via voluntary biodiversity credits.
Read MoreCOP30: INTERVIEW – Structural issues and risks around PACM make Article 6.2 a better fit for durable CDR
The greater stability and private-sector integration in Article 6.2 make it more suited to durable carbon removals (CDR) than the Article 6.4 Paris Agreement Crediting Mechanism (PACM), according to the chief commercial officer at a removals standard.
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