FEATURE: New era pending? Major corporate standards progress nature measurement revamp
The Taskforce on Nature-related Financial Disclosures (TNFD), the Global Reporting Initiative (GRI), and the Science Based Targets Network (SBTN) have furthered efforts to embed an influential set of state of nature metrics across their frameworks, which they said could usher in a new era for corporate disclosures.
Read MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreANALYSIS: 48 countries signal interest in biodiversity credits
Biodiversity credits have been referenced by at least 50 countries in national reports, as governments across regions increasingly engage with market-based tools, according to Carbon Pulse research.
Read MoreINTERVIEW: Indonesia needs ‘period of calm’, REDD+ project developer says
The CEO of a legacy REDD+ project in Indonesia has said overseas buyers and investors are looking for stability in the country’s carbon regulatory landscape to instil confidence that credits will resume and remain flowing.
Read MoreINTERVIEW: Brazil project developer aims to set benchmark for REDD+
A project developer operating in Brazil hopes that a new rating will help its Amazon project set a benchmark to restore the credibility of REDD+, a representative told Carbon Pulse.
Read MoreINTERVIEW: Ecoregions seen as potential bridge to scale nature markets beyond local offsets
Ecoregions could provide the framework needed to allow biodiversity compensation across countries, helping nature markets mobilise financing at scale while maintaining a degree of ecological equivalence between impacts and conservation outcomes, an expert told Carbon Pulse.
Read MoreINTERVIEW: Contracted durability mechanisms could shore up nature-based removals under new SBTi corporate climate standard
A carbon project developer has pitched contracted durability mechanisms as a way to manage reversal risk, suggesting these buffer pool alternatives could equalise nature- and tech-based removal credits under the newly-introduced requirements of the Science-based Targets initiative’s (SBTi) latest Corporate Net-Zero Standard.
Read MoreINTERVIEW: 330 hectares of European biodiversity credit projects secure private funding
Around 330 hectares of voluntary biodiversity credit pilots in Europe have secured corporate financing to support their work towards certification, Carbon Pulse has learned.
Read MoreFEATURE: New SBTi corporate climate standard sets meaningful internal carbon pricing goalposts, say experts
The introduction of specific price anchors for companies choosing to set an internal carbon price under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, will help to ‘avoid race-to-the-bottom dynamics’ and provide viable financial support to many carbon projects, according to experts.
Read MoreANALYSIS: New SBTi corporate climate standard offers path to scale nature-based carbon finance, even if onus is on tech-based removals
Nature-based solutions deserve stronger support in the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard Version 2.0, though they still have a clear pathway to scale, according to some carbon market stakeholders, who pointed to the standard’s prioritisation of engineered removals to help companies tackle hard-to-abate emissions later down the line.
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