VCM Report: Nature-based VER prices ease from record highs but remain robust
Standardised nature-based voluntary emissions reduction (VER) prices eased back from record levels this week as some participants flagged a potential pause in the market’s consistent upward rally.
Read MoreSouth Africa releases draft framework to develop new domestic carbon offset standards
The South African government this week published a draft framework to help develop domestic carbon offset standards for use under the country’s carbon tax regime.
Read MoreOffset marketplace Patch to integrate BeZero Carbon ratings service
Carbon removals marketplace Patch has signed a deal to integrate offset ratings from provider BeZero Carbon onto its platform, seeking to offer more insights on the quality of available units.
Read MoreSylvera clinches second raising of $32.6 mln for offset ratings service
London-based Sylvera has raised $32.6 million to accelerate its plans to build an offset ratings service that can assess the market’s entire range of carbon-cutting projects by 2024.
Read MoreVCM Report: Nature-based VER prices set new records as trading firms pile in
Nature-based voluntary emissions reduction (VER) contracts soared to new peaks last week on heavy volume as market participants said commodity trading houses and funds were joining fossil fuel companies in snapping up both standardised and project-specific units.
Read MoreLondon- and Dutch-based carbon consultancies merge, as offset industry consolidation trend continues
A London-based sustainability consultancy has agreed a merger with a Dutch-headquartered offset project developer and net zero authority.
Read MoreSouth Pole increases VCM presence in Africa with Carbonsink acquisition
Integrated carbon services firm South Pole has expanded its business in Africa through its acquisition of Carbonsink, an Italian-based consultancy with more than 30 carbon-cutting projects on the continent.
Read MoreAustralian emitters double voluntary carbon offset cancellations in 2021
Australian companies doubled the number of carbon credits they retired voluntarily from the national registry last year, though the growth was far higher for cheap, plentiful UN-issued credits than the expensive, less-available domestic units.
Read MoreVCM Report: Nature-based contract hits new heights while CORSIA units falter
Standardised nature-based voluntary emissions reductions (VER) prices found strength this week, while technology-based CORSIA-eligible credits and others generally flatlined or sank.
Read MoreHartree’s carbon venture forms partnership to offer oil tanker offsetting
Carbon credit provider Vertree has partnered with major oil tanker pooling service Tankers International to offer to compensate the climate impact of voyages with nature-based units.
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