ECOSYSTEM MARKETPLACE: The time is right for a forest moonshot in the US
Despite bipartisan support and progress in implementing natural climate solutions, the U.S. needs a significant, coordinated effort, or “moonshot,” to increase reforestation, protect forests, and manage lands sustainably to meet national climate goals, overcome current barriers, and prevent the loss of millions of acres of forest by mid-century, writes Sacha Spector, Program Director for the Environment at the Doris Duke Foundation.
Read MoreCOMMENT: Embracing nature in corporate strategy
One year on from the launch of the TNFD framework, the data and technology to measure, report and act on nature exists already and is improving by the day. The message from stakeholders is clear: embedding nature into decision making is becoming an expectation not an option. The time to act is now, writes Natcap’s Sebastian Leape.
Read MoreCOMMENT: Closing the CBAM scrap loophole – A critical move for climate & competitiveness
The EU’s Carbon Border Adjustment Mechanism (CBAM) currently fails to equally apply carbon costs to imported aluminium products, allowing re-melted aluminium to bypass these costs and undermining the competitiveness of European aluminium recyclers, but there is still time for the bloc’s decision-makers to close this loophole.
Read MoreCOMMENT: As America confronts unique environmental challenges, carbon credits cannot be left on the sidelines
Communities across America depend on environmental remediation projects, such as Superfund cleanups and plugging oil wells, which require sustained financial commitment and innovative tools like carbon credits. While offsets effectively support these efforts, critics wrongly dismiss them as mere public relations tools, threatening the progress of essential environmental initiatives.
Read MoreCOMMENT: ‘Hamlet’ and the Tragedy of Climate Change
Shakespeare’s “Hamlet,” written centuries before the first IPCC report, serves as a timely caution, writes Andurand Capital Management’s Mark Lewis, likening Hamlet’s tragic procrastination to the world’s current delay in addressing the record-breaking greenhouse gas emissions that are propelling us towards climate catastrophe.
Read MoreECOSYSTEM MARKETPLACE: Companies and Carbon Credits: From Anecdote to Evidence
The SBTi’s recent announcement about offset use against Scope 3 emissions was a significant milestone for the VCM, but it is already rekindling the debate between market proponents and critics. What does the evidence regarding carbon credits say, and why does this matter for nature?
Read MoreCOMMENT: A Q&A on EU ETS2
Stefan Feuchtinger, Head of Market Research and Analysis at Vertis Environmental Finance (VEF), answers all the questions you’ve ever wanted to ask about the upcoming EU ETS2.
Read MoreCOMMENT: The elephants in the room of the EU’s 2040 climate plan
The EU’s 2040 climate action proposal is the start of a dialogue with all stakeholders that will bring controversial and inconvenient topics to the table – topics usually called the “elephants in the room.” In hopes of getting these talks going on the right foot, Veyt’s Hege Fjellheim identifies some of these elephants.
Read MoreREQUEST FOR PROPOSALS: Carbon Project Development Services – Blue Carbon
Blue Carbon’s primary aim is to develop “Mitigation Outcomes” that are transferable as ITMOs through the mechanisms provided by Article 6 of the Paris Agreement. This includes both an Article 6.2 and 6.4 approach, as deemed appropriate. Having signed several exploratory MOUs and agreements with countries particularly across Africa, Blue Carbon is seeking PDD development services that will support project development.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: Two clashing visions for Article 6
To get bridge controversies around Article 6 it may be worth to take a step back and evaluate the different expectations for an effective role of carbon markets that nourish the clashing positions. Is the priority controlling all aspects of the implementation of Article 6 or to enable countries to define the rules that enable large-scale investments into mitigation?
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