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WITHDRAWN – Voluntary carbon market taskforce set to snub project co-benefits

Published 22:00 on April 27, 2021  /  Last updated at 21:39 on May 5, 2021  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

This article has been withdrawn due to a misinterpretation of remarks made by Standard Chartered’s Chris Leeds at City and Financial’s Future of Carbon Pricing conference.

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Increased financial sector participation to dramatically change voluntary carbon market -panel

Published 19:47 on April 27, 2021  /  Last updated at 19:50 on April 27, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The structure of voluntary carbon markets (VCM) is expected to change dramatically as financial institutions become ever-larger participants in the space and corporate purchasing decisions shift from marketing departments to finance, a conference heard on Tuesday.

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ECOSYSTEM MARKETPLACE – Claims+Credibility: Embracing Diversification to Scale Carbon Markets

Published 23:44 on April 26, 2021  /  Last updated at 00:48 on April 27, 2021  /  Africa, Americas, Asia Pacific, Climate Talks, Dialogue, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  1 Comment

If total greenhouse gas emissions in new or updated country plans offer a mere 0.5% reduction, greater ambition is needed from governments to fill this gap. Can a robust voluntary carbon market play an important role in this context?

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VCM Report: VER prices hold steady on strong nature-based demand

Published 22:27 on April 26, 2021  /  Last updated at 22:54 on April 26, 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) values were largely unchanged week-on-week even with significant activity in a new exchange-traded, nature-based offset, while several forestry project developers have reportedly entered into long-term forward agreements with above-market price floors.

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LEAF to impose high-ambition climate, deforestation commitments on both buyers and sellers -panel

Published 23:30 on April 23, 2021  /  Last updated at 23:30 on April 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The Lowering Emissions by Accelerating Forest (LEAF) finance coalition will impose high ambition requirements on public and private sector buyers and sellers of offsets, its founding nations the US, the UK, and Norway said on a webinar on Friday.

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US likely needs new legislation to hit its revised Paris climate goal -panel

Published 22:59 on April 23, 2021  /  Last updated at 22:47 on April 28, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The US will need to leverage existing programmes and regulatory authority to drive near-term emissions reductions, but federal legislation is likely required to hit its enhanced Nationally Determined Contribution (NDC) to the Paris Agreement, panelists told a conference on Friday.

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Leaders Summit on Climate: Officials highlight need for public, private action ahead of COP26

Published 17:30 on April 23, 2021  /  Last updated at 19:01 on April 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Government officials on Friday pushed for the public and private sectors to increase climate ambition ahead of the UN COP26 summit this fall, as the US and other countries announced a pair of initiatives to drive future reductions.

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Verra will not require corresponding adjustments for voluntary offset transactions

Published 16:19 on April 23, 2021  /  Last updated at 16:25 on April 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

Offset standard manager and developer Verra on Thursday said it will not require corresponding adjustments for Paris Agreement-era voluntary carbon market (VCM) transactions, arguing such a move could hinder climate finance to developing countries and create needlessly complex accounting systems.

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US extradites British man on carbon credit investor fraud charges

Published 23:04 on April 22, 2021  /  Last updated at 23:17 on April 22, 2021  /  Americas, EMEA, International, US, Voluntary Market  /  No Comments

US prosecutors have extradited a British man to face trial for his role in an international carbon credit fraud scheme.

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US-backed coalition aims to raise $1 bln for jurisdictional REDD payments

Published 15:59 on April 22, 2021  /  Last updated at 09:19 on April 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The US, UK, and Norway launched a coalition on Thursday to raise $1 billion in private capital for jurisdictions that reduce deforestation emissions under the Architecture for REDD+ Transactions (ART) programme.

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