FEATURE: Market consensus grows around biodiversity credits as a separate environmental financing tool from carbon
There is a growing consensus among market participants that biodiversity credits should be developed as a distinct asset class from carbon, while still allowing outcomes to be claimed as co-benefits where appropriate in order to expand financing options for nature and give buyers and project developers greater flexibility.
Read MoreFEATURE: The pipeline of long-term finance models driving conservation worldwide
Project Finance for Permanence (PFP) initiatives are increasingly demonstrating how they are capable of mobilising significant amounts of money for conservation, with a pipeline of initiatives in development around the world.
Read MoreFEATURE: Delay to EU anti-deforestation law will cause widespread environmental destruction, experts say
Failing to kickstart the EU’s anti-deforestation law this year could cause millions of tonnes of greenhouse gas emissions, biodiverse habitat destruction, and water cycle disruption, experts told Carbon Pulse.
Read MoreFEATURE: Article 6.2 clashes could weigh heavily on UN REDD+ programmes
Discussions on international carbon trading at COP30 exposed tensions about the function of a technical review process, key for transparency in new Paris Agreement markets, which may have significant implications for those seeking to sell reductions from Article 5.2 REDD+ programmes via Article 6.
Read MoreFEATURE: Asphalt integration shows promising pathway to grow biochar demand
A UK-based biochar developer teased some positive results from testing the addition of biochar to asphalt at COP30, opening up a dialogue on more industrial end-uses for the carbon removal (CDR) product.
Read MoreCOP30: FEATURE – Brazil’s coalition could shape systems amid global carbon market growth, experts say
Brazil’s international coalition could be uniquely positioned to facilitate mutual recognition of credits and knowledge exchange between countries amid a global explosion of carbon pricing systems – if certain steps are taken, experts said during COP30 in Belem.
Read MoreCOP30: FEATURE – Tropical forest fund can complement carbon markets but may jeopardise additionality
The Brazilian-led tropical forest fund should support carbon markets by reducing regulatory risk to attract private capital, and providing more funds to forest preservation, observers have said, though there is also risk that carbon project additionality gets undermined.
Read MoreCOP30: FEATURE – Poor accountability in Article 6.2 reporting hurts market robustness, experts say
A lack of penalties or public accountability for Article 6.2 reporting flagged by the UNFCCC for inconsistencies compromises market integrity and is unlikely to be rectified anytime soon, sources close to COP30 negotiations have told Carbon Pulse.
Read MoreCOP30: FEATURE – Brazil’s $5 bln forest fund launch draws mixed reactions
After two years of promoting its proposal to reward countries for conserving tropical forests, Brazil officially launched the Tropical Forest Forever Facility (TFFF) last week with more than $5 billion already committed, although experts expressed mixed reactions to the announcement.
Read MoreFEATURE: Zambian livestock farming project using carbon cash to fund its bigger development goals
A land restoration project in Zambia is using the carbon credit revenue it generates as means to finance its main goals of strengthening the local livestock farming sector, boosting income for cattle farmers, and driving wider sustainable development in the local rangelands, the project’s developers told Carbon Pulse.
Read More