INTERVIEW: New standard body EE looks to revive REDD market with fresh approach
Few markets have faced as severe a reputational battering as the REDD+ avoided deforestation sector in the last couple of years, but new standard body Equitable Earth (EE) plans to restore faith in saving tropical forestry with a fresh approach that is already set to protect an area the size of Portugal, the chief executive told Carbon Pulse this week.
Read MoreLCAW26: Financial institutions endorse TFFF ahead of COP17
Twelve investors and one supporter have endorsed the Tropical Forests Forever Facility (TFFF), sharing a joint statement at London Climate Action Week (LCAW) and calling for more signatories ahead of the UN’s upcoming biodiversity talks in October.
Read MoreGlobal business leaders look to sustainability for competitiveness, call for policy certainty across economies -report
The majority of senior leaders across more than 500 global businesses expect sustainability to be a source of competitive advantage over the next five-10 years, according a CEO-led, global business group.
Read MoreForeign entities capture key CDR project roles in Africa, Latin America -study
Organisations positioned to capture value from carbon removal (CDR) projects are often located outside the regions hosting those activities, according to a new analysis focusing on projects across Africa, Asia, and Latin America.
Read MoreLCAW26: Ministers look to scale forest financing ahead of COP31
Government officials set out their priority actions for scaling forest finance ahead of of November’s COP31, with a minister from Ghana sharing ambitions to ramp up forest financing “from millions to billions” during a London Climate Action Week event on Tuesday.
Read MoreNature-based solutions fund raises €124 mln in first close
A new fund aiming to scale up nature-based solutions has raised €124 million in a first close, with a target of sequestering at least 7 mln tonnes of CO2 over 25 years.
Read MoreForest projects sequester carbon but fall short on biodiversity, ecosystem health -study
Most forest carbon projects analysed by a group of researchers failed to improve the wider ecological health of the land they cover, even when they succeeded in reducing deforestation, according to a new study.
Read MoreBloomberg Philanthropies pledges $260 mln to ocean protection
Bloomberg Philanthropies has allocated $260 million to expand ocean conservation worldwide, including in the high seas.
Read MoreUK forestry firm launches $115-mln Ghana reforestation fund
A UK‑based forestry company has announced the launch of a $115‑million Alternative Investment Fund (AIF) to finance large‑scale commercial hardwood plantations in Ghana’s Afram Headwaters Forest Reserve.
Read MoreLCAW26: Nature-based carbon projects face catch 22, report says
Project developers working on nature-based carbon are trapped within a structural catch 22 whereby an offtake is necessary to receive investment, but funding is required to secure an offtake, according to a report launched at London Climate Action Week (LCAW) on Monday.
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