ECOSYSTEM MARKETPLACE – Companies and Carbon Credits: From Anecdote to Evidence
The SBTi’s recent announcement about offset use against Scope 3 emissions was a significant milestone for the VCM, but it is already rekindling the debate between market proponents and critics. What does the evidence regarding carbon credits say, and why does this matter for nature?
Read MoreAfter setback, Verra still mulling how to achieve Phase 1 CORSIA eligibility
Verra has yet to decide the best way to achieve full eligibility under Phase 1 of CORSIA, the standards body revealed Wednesday, a month after it was denied full approval under the UN’s aviation emissions offsetting scheme.
Read MoreBRIEFING: New demand, de-risking to scale voluntary carbon market, says industry
New voluntary carbon market (VCM) demand drivers and increasingly mature de-risking measures are poised to scale the VCM but need more traction, according to a panel of industry experts speaking Wednesday.
Read MoreEU passes law making carbon tracking obligatory for goods sold in Europe
The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.
Read MoreBRIEFING: Sweeping corporate due diligence law, requiring climate transition plans, passes EU Parliament
The European Parliament approved sweeping new rules on Wednesday that will oblige companies to mitigate their negative impacts on human rights and the environment and adopt energy transition plans.
Read MoreSoil carbon prices in India need to rise 60% to incentivise conservation agriculture -study
Soil carbon prices in India will need to increase by 60% to encourage wider adoption of conservation agriculture for carbon credit generation in India under Verra’s VM0042 methodology, a study published this week in the journal Nature suggests.
Read MoreINTERVIEW: Durable carbon removals present new challenges, risk profile for insurance
Carbon insurers, previously focused on nature-based solutions (NBS) credits, are entering the arena of durable CO2 removals (CDR) and adapting existing insurance strategies to suit a new risk profile, according to a specialist speaking to Carbon Pulse.
Read MoreCreditNature method receives independent accreditation
CreditNature has achieved a “world first” by receiving accreditation from an independent accounting framework for its ecosystem restoration methodology, in a move that could help scale nature markets, it said Wednesday.
Read MoreDAC and carbon storage companies team up for removals project in Kenya
A direct air capture developer is teaming up with a carbon storage technology company to create a value chain for extracting CO2 from the atmosphere and permanently storing it underground, helping to streamline the sale of carbon credits, it announced on Wednesday.
Read MoreBRIEFING: Over half of APAC’s economy directly dependent on nature, highly vulnerable to nature-related risks
Countries in the Asia Pacific region are highly vulnerable to nature-related risks, including loss of biodiversity, an increase in pollution, and the non-availability of freshwater, and the failure to address these losses could lead material financial risk for companies and institutional investors, panellists told a webinar Wednesday.
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