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Verra, Greenpeace square off over criticism of forest carbon credit methodologies

Published 23:14 on May 5, 2021  /  Last updated at 23:14 on May 5, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Standard-setting body Verra this week accused Greenpeace of misrepresenting its forest carbon offset methodologies and cherry-picking expert opinions to undermine the credibility of its REDD+ projects in two recent articles.

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US HFC rule could impact voluntary offset projects, narrow future compliance protocol expansion

Published 15:01 on May 5, 2021  /  Last updated at 15:01 on May 5, 2021  /  Americas, Canada, International, US, Voluntary Market  /  No Comments

The US EPA’s proposed regulation to reduce high-global warming potential HFCs could impact voluntary offset initiatives in the short term, as well as limit expansion options for California regulator ARB’s ozone-depleting substance (ODS) protocol, market participants said.

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ClimateCare, Natural Capital Partners merge as voluntary market deals gather pace

Published 08:49 on May 5, 2021  /  Last updated at 00:01 on May 6, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

ClimateCare and Natural Capital Partners have merged to help build global scale in the rapidly expanding voluntary carbon market.

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IncubEx fundraise values environmental markets platform at $161 mln ahead of London IPO

Published 23:53 on May 4, 2021  /  Last updated at 00:27 on May 5, 2021  /  Americas, Bavardage, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, RINs & LCFS, UK ETS, US, Voluntary Market  /  No Comments

Environmental markets platform IncubEx has raised $11.7 million in its latest fundraising round, valuing the company at $161 mln ahead of an expected IPO in London later this year.

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New Paris climate pledges to help cut projected warming to 2.4C -scientists

Published 11:54 on May 4, 2021  /  Last updated at 11:54 on May 4, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, US  /  No Comments

The new climate pledges announced during April’s US-led climate summit are projected to put the world on track for global warming of 2.4C above pre-industrial levels, a report published Tuesday showed, reflecting a drop from 2.6C previously but still far off the Paris Agreement’s 1.5-2C goals.

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South Pole buys Belgian climate consultancy CO2logic

Published 08:00 on May 4, 2021  /  Last updated at 16:31 on May 3, 2021  /  EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

South Pole has bought Belgium-based climate consultancy CO2logic, its first acquisition since last month’s €20 million-plus fund investment put it on a major growth track.

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VCM Report: VER prices slide further, while corresponding adjustment guidance exerts few impacts

Published 23:04 on May 3, 2021  /  Last updated at 23:07 on May 3, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices trended down this week outside of nature-based offerings, while participants reported few direct pricing or liquidity impacts from Verra’s recent guidance to not require corresponding adjustments for voluntary carbon market (VCM) transfers.

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US EPA proposes trading system in HFC phase-down rule

Published 17:56 on May 3, 2021  /  Last updated at 20:59 on May 3, 2021  /  Americas, Climate Talks, International, US  /  No Comments

The US EPA put forth a rulemaking on Monday to implement bipartisan climate legislation passed last year, with the draft regulation to reduce potent HFC gases through an allowance trading system for regulated entities.

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Germany, Russia sign MoU to ship hydrogen via controversial gas pipeline

Published 18:28 on April 30, 2021  /  Last updated at 18:31 on April 30, 2021  /  Africa, Americas, Asia Pacific, Australia, China, EMEA, International, Middle East, New Zealand, South & Central, South Korea, Switzerland, US  /  No Comments

Germany and Russia have signed a €2 billion memorandum of understanding (MoU) to leverage the controversial gas pipeline Nord Stream 2 for the eventual distribution of hydrogen, even as the European Parliament called for the project to be halted due to rising tensions with Moscow.

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C-Quest adds to African cookstove VER deals with BP agreement

Published 23:37 on April 29, 2021  /  Last updated at 23:37 on April 29, 2021  /  Africa, Americas, EMEA, International, US, Voluntary Market  /  No Comments

US-based carbon offset developer C-Quest Capital announced the final leg of a programme to deploy clean cookstoves across Sub-Saharan Africa on Wednesday, signing a voluntary emissions reduction (VER) offtake deal with oil major BP.

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