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Green groups piloting methodology for assessing VCM project types, standards

Published 21:25 on September 24, 2021  /  Last updated at 21:25 on September 24, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

An environmental NGO-led initiative is currently demoing a methodology for scoring voluntary carbon market (VCM) project types and programmes, and the group hopes that its financial independence from voluntary emissions reduction (VER) issuances will help differentiate it from other entities also seeking to grade credits in the booming sector.

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Voluntary offset taskforce plans phased approach to standardised contracts

Published 23:07 on September 22, 2021  /  Last updated at 23:07 on September 22, 2021  /  Aviation/CORSIA, International, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The private sector-led Taskforce on Scaling Voluntary Carbon Markets (TSVCM) aims to establish core carbon principles (CCPs) depending on project type throughout next year, a member of the initiative said Wednesday.

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Voluntary offset taskforce names governance board, promises indigenous representation

Published 12:53 on September 21, 2021  /  Last updated at 22:13 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) announced its governance body on Tuesday, adding that it was on track to deliver next year standardising tools being designed to help dramatically increase the volume of carbon credit transactions.

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VCM Report: Nature-based VER values lift past CORSIA-eligible units

Published 20:58 on September 20, 2021  /  Last updated at 23:08 on September 20, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Prices for exchange-traded, standardised voluntary emissions reductions (VERs) rose more quickly among nature-based products than CORSIA-qualified credits for the second straight week, reasserting a premium in the voluntary carbon market (VCM) that had evaporated earlier this month.

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CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities

Published 20:27 on September 17, 2021  /  Last updated at 17:02 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.

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Annual voluntary carbon market value to hit $1 bln in 2021 -report

Published 21:10 on September 15, 2021  /  Last updated at 02:05 on September 16, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

The annual value of voluntary carbon market (VCM) transactions is on track to exceed $1 bln this year for the first time ever, building off previous record volumes in 2020 as more entities become involved in the space, according to a report published Wednesday.

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UK pushes IMO for zero emissions shipping target in wake of national goal

Published 22:53 on September 13, 2021  /  Last updated at 22:53 on September 13, 2021  /  Aviation/CORSIA, EMEA, EU ETS, International, Shipping, UK ETS  /  No Comments

The UK pushed Monday for global shipping emissions to reach zero by 2050, a move that would significantly increase stringency from the current 50% goal under the UN’s International Maritime Organisation (IMO), which foresees revising its emissions strategy in 2023.

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VCM Report: CORSIA credit rally halts as nature-based VERs trend up

Published 22:33 on September 13, 2021  /  Last updated at 22:33 on September 13, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Standardised CORSIA-eligible offset contracts on the voluntary carbon market (VCM) came down from record highs in recent days, while nature-based voluntary emissions reduction (VER) values rose to retest the long-standing premium that evaporated this month.

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EU lawmakers wary of CO2 cost hit to poor people, urge speedier end to free allocations

Published 13:38 on September 9, 2021  /  Last updated at 17:54 on September 9, 2021  /  Aviation/CORSIA, Carbon Taxes, CBAM, EMEA, EU ETS, International, Shipping  /  No Comments

A proposed new European carbon market for buildings and transport could hit the poorest the hardest, MEPs said in a hearing on Thursday, with several calling for a faster phaseout of free EU carbon allocations for industry and airlines under the bloc’s main ETS.

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VCM Report: Investors seen driving prices to new heights as CORSIA credits surpass nature units

Published 22:59 on September 6, 2021  /  Last updated at 23:30 on September 6, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Voluntary Market  /  No Comments

CORSIA-eligible credit prices have exceeded their nature-based counterparts as prices hit fresh records in the past week, as the investors seen fuelling the rises judge the units to be a safer bet.

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