VER demand to swell 50 times over to hit net zero -analysts
Demand for voluntary emissions reductions (VERs) will need to skyrocket by 2050 to hit net zero emissions, with carbon neutral liquefied natural gas potentially providing an additional growth channel for the offset market, analysts at a major investment bank said Friday.
Read MoreVCM Report: CORSIA-eligible offset prices retrace as nature-based units hold firm
Standardised voluntary emissions reductions (VER) prices moved in opposite directions over the past week, with CORSIA-eligible units reversing weeks of gains as nature-based offerings largely either slightly increased or decreased in value.
Read MoreGreen groups piloting methodology for assessing VCM project types, standards
An environmental NGO-led initiative is currently demoing a methodology for scoring voluntary carbon market (VCM) project types and programmes, and the group hopes that its financial independence from voluntary emissions reduction (VER) issuances or services will help differentiate it from other entities also seeking to grade credits in the booming sector.
Read MoreVoluntary offset taskforce names governance board, promises indigenous representation
The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) announced its governance body on Tuesday, adding that it was on track to deliver next year standardising tools being designed to help dramatically increase the volume of carbon credit transactions.
Read MoreVCM Report: Nature-based VER values lift past CORSIA-eligible units
Prices for exchange-traded, standardised voluntary emissions reductions (VERs) rose more quickly among nature-based products than CORSIA-qualified credits for the second straight week, reasserting a premium in the voluntary carbon market (VCM) that had evaporated earlier this month.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreEnergyAustralia’s carbon offset scheme grows by over a third
Gentailer EnergyAustralia retired 36% more offsets under its carbon neutral product after expanding its scope, but documents released this week showed only 2% of the credits used were domestic ACCUs.
Read MoreVCM Report: CORSIA credit rally halts as nature-based VERs trend up
Standardised CORSIA-eligible offset contracts on the voluntary carbon market (VCM) came down from record highs in recent days, while nature-based voluntary emissions reduction (VER) values rose to retest the long-standing premium that evaporated this month.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.
Read MoreSweden partners with certifier Gold Standard on Article 6 work
Sweden has teamed up with carbon project certifier Gold Standard to support its work procuring international credits under Article 6 of the Paris Agreement.
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