ECOSYSTEM MARKETPLACE – Shades of REDD+: Harmonized Biodiversity Claims as a Solution for Fragmented Biodiversity Markets

Published 11:25 on November 23, 2023  /  Last updated at 23:08 on February 14, 2024  /  Biodiversity, Contributed Content, International, Nature-based, Other Content, Voluntary

Since the adoption of the Kunming-Montreal Global Biodiversity Framework, there’s been growing interest in market-based approaches for biodiversity conservation, but significant challenges remain in establishing a global market for biodiversity credits due to their complexity and context-specific nature. As Charlotte Streck writes, alternative solutions like national and local schemes and standardized biodiversity claims are being explored to address these challenges.

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COMMENT: The future of clean cooking in the carbon market

Published 22:32 on November 13, 2023  /  Last updated at 10:50 on December 19, 2023  /  Contributed Content, Other Content, Voluntary

Carbon markets must learn how to deal with the application of new practices and norms in clean cooking, and ensure we take the lessons from past actions without judging them against criteria that had yet to be invented, writes Owen Hewlett of Gold Standard.

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COMMENT: We can’t afford to get this wrong – Ensuring high integrity in agricultural carbon credits is imperative for fighting climate change

Published 21:15 on November 6, 2023  /  Last updated at 10:50 on December 19, 2023  /  Contributed Content, Nature-based, Other Content, Voluntary

The time is now to harness high integrity crediting of agricultural soil carbon projects in global mitigation efforts, but projects must be guided by considerations derived from the Integrity Council on the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP), writes Max DuBuisson, VP Sustainability Policy and Engagement at Indigo Ag.

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ECOSYSTEM MARKETPLACE – Shades of REDD+: Reforming the International Financial Systems to Value High-Integrity Forests

Published 17:59 on October 19, 2023  /  Last updated at 10:50 on December 19, 2023  /  Africa, Americas, Asia Pacific, Contributed Content, EMEA, International, Nature-based, Other APAC, Other Content, South & Central, Voluntary

Next week, the Republic of the Congo will host the Three Basins Summit of tropical forest basins, which account for 80% of the world’s tropical forests, house two-thirds of terrestrial biodiversity, and play an essential role in regulating the global carbon balance. Rarely has there been an event where forests play a more central role than the forthcoming meeting in Brazzaville. The Summit provides a unique opportunity to make the case for a reform of the rules of global public finance to value tropical forests as global climate and biodiversity assets, writes Charlotte Streck in a piece for Ecosystem Marketplace.

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COMMENT: How did carbon accounting make the headlines?

Published 20:12 on September 26, 2023  /  Last updated at 10:50 on December 19, 2023  /  Contributed Content, Nature-based, Other Content, Voluntary

Accounting rules are important, but, in a system where the fossil fuel industry is receiving a $7 trillion annual subsidy without any accounting rules whatsoever, fixing small historical inaccuracies and solving for complexity in what is now a micro-industry of REDD+ is far more constructive than ripping down the whole notion of environmental markets, writes Charles Bedford of Carbon Growth Partners.

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COMMENT: The market impact of the new EU ETS compliance cycle

Published 17:26 on August 31, 2023  /  Last updated at 10:51 on December 19, 2023  /  Contributed Content, EMEA, EU ETS, Other Content

The market impact of the new EU ETS compliance cycle explained by Gauthier Bily, CEO of Vertis Environmental Finance.

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COMMENT: Check the pixels, but don’t lose sight of the big picture

Published 15:58 on August 30, 2023  /  Last updated at 10:51 on December 19, 2023  /  Asia Pacific, Australia, Contributed Content, International, Other Content, Paris Article 6, Voluntary

Rapidly scaling decarbonisation action must be our mission, as we confront an ever more terrifying climate crisis. But instead we risk slowing the pace of decarbonisation to an untenable level, warns John Connor of Australia’s Carbon Market Institute.

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COMMENT: Don’t look up, the worrying climate change denialism

Published 21:35 on August 29, 2023  /  Last updated at 10:51 on December 19, 2023  /  Contributed Content, Other Content, Voluntary

There are a few media outlets that have taken the route of sensationalising and systematically criticising emission reduction projects financed through carbon credits, but we cannot continue to belittle all the efforts that are being made to achieve net zero, writes Alexis Leroy of Allcot.

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COMMENT: Without removals, no net-zero economy

Published 22:27 on August 24, 2023  /  Last updated at 16:26 on February 8, 2024  /  Contributed Content, EMEA, EU ETS, Kyoto Mechanisms, Other Content, Paris Article 6

Instead of a Carbon Central Bank approach, a functioning, future-oriented carbon market can address the challenges of liquidity constraints and residual emissions as the EU ETS cap approaches zero, writes Marcus Ferdinand of Veyt.

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COMMENT: Four reasons why “nationalisation risk” is not so risky

Published 20:43 on July 31, 2023  /  Last updated at 00:34 on February 6, 2024  /  Africa, Contributed Content, EMEA, International, Other Content, Paris Article 6, Voluntary

Governments’ recent declarations to exercise more control over carbon market activities in their jurisdictions are far less an example of “nationalisation risk” than a case of a maturing market where countries are making an understandable and arguably inevitable assertion of sovereignty over their natural resources, writes Verra’s Robin Rix.

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