VCM Report: Technology-based VER prices lift after lengthy slump
Standardised technology-based credits lifted for the first time in two months this week while nature-based units again stalled amid moderate trade.
Read MoreUN climate talks aim to boost emissions pledges amid frozen credit issuance
Governments kicked off a two-week UN negotiating session in Bonn on Monday, aiming to spur a boost in national commitments to tackle climate change and push forward on key issues ahead of the UN’s main COP27 summit in November in Egypt.
Read MoreUPDATE – European nations line up Paris carbon credit deals
Switzerland has agreed a bilateral agreement with Thailand that will allow it to import international carbon units from the Southeast Asian nation under the Paris Agreement, while Sweden said it had made similar outline deals with two countries.
Read MoreGreen groups launch interactive tool to score carbon credit quality
Environmental groups launched a free online tool on Tuesday that they say will help voluntary buyers assess the quality of carbon credits, with initial testing showing that getting a high score for quality across all categories is unlikely.
Read MoreNorwegian companies ‘greenwashing’ by mistake, finds report
There are likely no Norwegian companies with significant CO2 emissions that are climate neutral currently, although the firms have not been deliberately greenwashing, a report claimed Monday in findings that reflect the uncertainty faced by companies worldwide in implementing climate strategies.
Read MoreInsurance products emerging to guard against Paris-era carbon market risks
Insurance mechanisms are emerging as a way to guard against policy reversal in carbon markets, where some say these products could mitigate the risk of government U-turns or other political risks associated with Paris-aligned emissions trade.
Read MoreClimate ‘meta-registry’ eyes November launch after extensive testing
A global blockchain-enabled system to transfer carbon units and track meta data of credits between various registries is due to launch in November after three years of testing.
Read MoreBrazil government invites sectors to set own emissions goals under Paris pledge
The government of right-wing Brazilian President Jair Bolsonaro wants all the country’s economic sectors to set their own emissions goals provided the targets collectively deliver its pledge to the Paris Agreement.
Read MoreUPDATE – Carbon spot exchange CBL cancels late Thursday trades following investigation
Xpansiv market CBL cancelled executions made late Thursday after conducting an investigation regarding “potentially erroneous transactions.”
Read MoreCarbon project developers search for interim solution to CDM freeze
Developers with projects registered under the CDM are urging regulators to unfreeze post-2020 carbon credits to make them eligible for the voluntary and domestic carbon markets, aiming to keep revenues flowing ahead of the completion of a new carbon crediting mechanism under the Paris Agreement.
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