COMMENT: Six key questions the carbon market needs to resolve to deliver for nature – one year on

Published 15:12 on January 30, 2024  /  Last updated at 15:12 on January 30, 2024  /  Climate Talks, Contributed Content, International, Nature-based, Other Content, Paris Article 6, Voluntary

Twelve months ago, Respira’s Ed Hewitt posed six questions for the carbon market to resolve so it could deliver more for nature. How did these matters progress in 2023? And what’s the outlook for 2024 and beyond? Hewitt revisits the questions he asked and gives a status update for each.

Read More

COMMENT: No climate justice without carbon credits

Published 00:13 on January 25, 2024  /  Last updated at 00:43 on January 25, 2024  /  Americas, Contributed Content, Nature-based, Other Content, US, Voluntary

Climate Action Reserve President Craig Ebert provides a response to what he calls “the misguided focus on low-quality credits and the elusive supply chain mitigation”.

Read More

COMMENT: Out with the bad, in with the good carbon market

Published 16:19 on January 22, 2024  /  Last updated at 16:32 on January 22, 2024  /  Contributed Content, Nature-based, Other Content, Voluntary

The voluntary carbon market faced strong headwinds in 2023 – a reckoning due to carbon credit quality problems. The silver lining that could arrive in 2024: A market correction that can support a new VCM 2.0, rebuilding a market that is good for the planet and for people, writes Donna Lee of Calyx Global.

Read More

ECOSYSTEM MARKETPLACE: REDD can be high quality – Here’s how

Published 20:46 on January 2, 2024  /  Last updated at 20:46 on January 2, 2024  /  Africa, Americas, Asia Pacific, Contributed Content, EMEA, International, Nature-based, Other APAC, Other Content, South & Central, Voluntary

Experts discuss the challenges and potential reforms in using REDD as a credible option for offsetting emissions, emphasising the need for high-integrity credits and improved methodologies to ensure environmental and social integrity while addressing criticisms and safeguarding Indigenous Peoples and local communities.

Read More

COMMENT: Update of the EU ETS free allocation – polluting for free during a climate crisis

Published 10:42 on December 22, 2023  /  Last updated at 11:58 on December 23, 2023  /  Contributed Content, EMEA, EU ETS, Other Content

The proposed revision of EU ETS free allocations fails to deliver social and environmental change, write Lidia Tamellini of Carbon Market Watch and Aymeric Amand of Sandbag.

Read More

COMMENT: The Voluntary Carbon Market is Reawakening – Let’s Make 2024 A Year of Action

Published 23:45 on December 19, 2023  /  Last updated at 01:50 on December 20, 2023  /  Climate Talks, Contributed Content, International, Nature-based, Other Content, Voluntary

This year, the American Forest Foundation attended its second Conference of Parties, COP28, held in Dubai. While many things came out of COP28, and perhaps even more hoped-for things did NOT come out of COP28, one incredibly important outcome concerned the voluntary carbon market’s role in the global struggle against climate change. 

Read More

COMMENT: Westpac says no to deforestation – others will soon have to

Published 06:33 on December 14, 2023  /  Last updated at 10:49 on December 19, 2023  /  Asia Pacific, Australia, Biodiversity, Contributed Content, Other Content

All Australian banks and investors will soon need to make zero-deforestation commitments because it is increasingly well known that Australia is a deforestation hotspot, and this is attracting the scrutiny of legislators, consumers, and investors, the Wilderness Society writes.

Read More

COMMENT: Paris Agreement forest carbon transactions should follow tropical forest credit integrity guidance

Published 20:16 on December 8, 2023  /  Last updated at 10:49 on December 19, 2023  /  Climate Talks, Contributed Content, International, Nature-based, Other Content, Paris Article 6, Voluntary

In the context of increasing reports of forest carbon-related cooperative approaches under Article 6 of the Paris Agreement, Parties should apply strive to ensure that all credits transacted are of the highest quality by applying guidance developed by leading environmental and Indigenous organisations, writes the Wildlife Conservation Society and other groups.

Read More

COMMENT: US-EU negotiations on sustainable steel and aluminium showed little progress… so, what’s left for EU’s industry?

Published 20:06 on December 5, 2023  /  Last updated at 10:50 on December 19, 2023  /  Americas, Carbon Taxes, CBAM, Contributed Content, EMEA, EU ETS, International, Other Content, US

Negotiations over the Global Arrangement on Sustainable Steel and Aluminium (GSA) remain stuck in a complex impasse, necessitating substantial concessions that neither the EU or US is willing to provide, writes Irina Kustova, Research Fellow at Centre for European Policy Studies (CEPS).

Read More

COMMENT: To succeed, REDD+ should focus on what Indigenous peoples and Local Communities value

Published 13:54 on November 29, 2023  /  Last updated at 20:04 on December 5, 2023  /  Climate Talks, Contributed Content, Nature-based, Other Content, Voluntary

REDD+ standards should not only include technical and scientific aspects developed in the Global North, but also contributions and experiences of the inhabitants of the same territories where these standards will be implemented, writes Gustavo Sanchez of the Mexican Network of Rural Forestry Organizations and colleagues representing other Indigenous peoples and Local Communities.

Read More