Top

FEATURE: Climate finance, not offsets, increasingly seen as a nature-based solution as critics persist

Published 19:38 on December 3, 2021  /  Last updated at 19:38 on December 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Middle East, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US  /  No Comments

With nature-based credits valued at a growing price premium to other types of carbon offsets, scrutiny over the process is also on the rise, with even forest protection standards that are said to be raising the bar on quality finding criticism for lacking environmental integrity.

Read More
Top

UN aviation body rejects latest offsetter applicants under CORSIA

Published 16:10 on November 30, 2021  /  Last updated at 21:03 on November 30, 2021  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO’s Council has rejected all three of this year’s applications for eligibility under its CORSIA carbon offsetting scheme, declining to add the land-based initiatives to the seven programmes approved to date to provide airlines with a supply of carbon credits.

Read More
Top

VCM Report: VER price hike slows near record levels amid post-COP lull

Published 19:24 on November 29, 2021  /  Last updated at 00:21 on November 30, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices edged to new heights in some standardised contracts this week, while others slipped back amid subdued holiday-interrupted trade following the COP26 UN climate talks earlier in the month.

Read More
Top

ANALYSIS: Switzerland touts model for international emissions trade, voluntary market

Published 18:00 on November 25, 2021  /  Last updated at 14:58 on November 29, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland sealed its fifth and sixth bilateral crediting agreements on the sidelines of the Glasgow UN climate talks this month, touting the deals as a model of Paris Agreement-era emissions trade for countries as well as for companies in the voluntary carbon market.

Read More
Top

UN carbon mechanism to take up to 3 years to build, ‘leaning on’ CDM rules

Published 19:08 on November 24, 2021  /  Last updated at 15:38 on November 25, 2021  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The Paris Agreement’s newly-established carbon market mechanism could take as long as three years to take shape, according to experts assessing the UN’s pace after countries approved Article 6 rules governing future international carbon markets at the COP26 summit earlier this month. 

Read More
Top

VCM Report: VERs ride COP26, crypto wave to new all-time highs

Published 22:01 on November 22, 2021  /  Last updated at 00:09 on November 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, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) values on the over-the-counter and exchange-traded markets extended their year-long bull run this week, with voluntary carbon market (VCM) participants citing optimistic outlooks following the COP26 UN climate summit and blockchain ventures in driving up prices.

Read More
Top

ANALYSIS: REDD faces longer road to Paris era crediting after Glasgow talks setback

Published 22:08 on November 19, 2021  /  Last updated at 22:09 on November 19, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Efforts to develop REDD+ forest protection carbon credits in the Paris Agreement era risk a long road ahead, as divisive views marked the Glasgow COP26 climate summit.

Read More
Top

Brussels considers setting 2030 carbon removals goal -leaked document

Published 20:44 on November 19, 2021  /  Last updated at 21:37 on December 2, 2021  /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Brussels is considering setting an EU goal to permanently remove 5 MtCO2 a year from the atmosphere by 2030 as part of a wider strategy to develop carbon removals solutions, according to a leaked draft of a European Commission document.

Read More
Top

CORRECTION – Verra seeks clarity on voluntary market use of Paris-adjusted units

Published 22:27 on November 18, 2021  /  Last updated at 17:19 on November 19, 2021  /  Aviation/CORSIA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Carbon standard manager Verra is seeking greater clarity on where corresponding adjustments may be appropriate for the voluntary carbon market, it said in a note on Thursday in the wake of a UN decision that may see host nations require such measures.

Read More
Top

COMMENT: A Brave New (Article 6) World

Published 19:36 on November 17, 2021  /  Last updated at 19:36 on November 17, 2021  /  Aviation/CORSIA, Climate Talks, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Views, Voluntary Market  /  No Comments

Last week’s UN agreement on Article 6 is bullish for the role of market-based mechanisms in supporting global climate action. But the new dawn comes with added complexities, write Sebastien Cross and Tommy Ricketts of BeZero Carbon.

Read More