Offset developers, registries must bring higher-integrity protocols to market -report
Voluntary carbon market (VCM) participants and registries need to quickly scale-up high integrity offset protocols amid rising corporate demand, while also making tweaks to existing protocols to account for inadequacies, according to a white paper published Monday.
Read MoreVCM Report: Nature-based offset trades rev up amid wider VER stagnation
Voluntary emissions reduction (VER) prices dithered this week evenas spot commodities exchange and market data firm Xpansiv announced the inaugural trades in its nature-based offset product, while a new report highlighted the expansion of voluntary carbon market (VCM) interest in forestry-based credits over the past five years.
Read MoreCOMMENT: Climate action claims are the new frontier for robust carbon accounting
Instruments to reduce emissions need to be clearly ranked for their environmental integrity and associated with robust claims that provide an accurate representation of the impacts achieved, argues Marion Verles of SustainCERT, adding that having civil society formulate a consensus on what can and can’t be done with offsets would go a long way in reassuring corporates and citizens that the market is trustworthy.
Read MoreMajor investors BlackRock, Temasek join forces to combat climate change
Two of the world’s largest investment firms have teamed up to fund next-generation solutions to cut greenhouse gas emissions.
Read MoreVCM Report: VER prices fade to one-month low, while traders mull impacts of forestry credit review
Voluntary emission reduction (VER) prices continued a month-long descent this week as activity picked up in the futures market, while voluntary carbon market (VCM) traders pondered the impacts of US-based The Nature Conservancy undertaking an internal review of its forestry projects over additionality concerns.
Read MoreINTERVIEW – Making the grade: London-based startup launches carbon offset ratings service
The flourishing global voluntary carbon market is about to achieve another ‘coming of age’ milestone: its own fixed income-style ratings system.
Read MoreShell invests $90 mln in nature-based activities over past year
Oil major Shell invested around $90 million in nature-based carbon mitigation activities over 2020, ramping up financing to help meet a pre-pandemic pledge to allocate $300 mln over three years.
Read MoreUPDATE – VCM Report: VER issuances and retirements grow in first quarter of 2021
Voluntary emission reduction (VER) prices largely continued their downward or stagnant trend this week on lower activity, even as data showed voluntary carbon market (VCM) issuances and retirements surged in the first quarter of the year compared to 2020.
Read MoreUS airline JetBlue expands existing VER commitment with net zero pledge
Low-cost carrier JetBlue on Thursday announced it will reach net zero emissions by 2040, building on the airline’s existing voluntary emissions reduction (VER) pledge to offset GHGs from all domestic flights.
Read MoreValue of US carbon allowance ETFs tops $100 mln as investor interest heats up
The combined value of the two US-listed carbon allowance ETFs has topped $100 million while daily trading volumes surge, as investors continue to swarm into the fast-growing asset class.
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