South Pole buys Belgian climate consultancy CO2logic
South Pole has bought Belgium-based climate consultancy CO2logic, its first acquisition since last month’s €20 million-plus fund investment put it on a major growth track.
Read MoreVCM Report: VER prices slide further, while corresponding adjustment guidance exerts few impacts
Voluntary emissions reduction (VER) prices trended down this week outside of nature-based offerings, while participants reported few direct pricing or liquidity impacts from Verra’s recent guidance to not require corresponding adjustments for voluntary carbon market (VCM) transfers.
Read MoreWITHDRAWN – Voluntary carbon market taskforce set to snub project co-benefits
This article has been withdrawn due to a misinterpretation of remarks made by Standard Chartered’s Chris Leeds at City and Financial’s Future of Carbon Pricing conference.
Read MoreECOSYSTEM MARKETPLACE – Claims+Credibility: Embracing Diversification to Scale Carbon Markets
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?
Read MoreVCM Report: VER prices hold steady on strong nature-based demand
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.
Read MoreLeaders Summit on Climate: Officials highlight need for public, private action ahead of COP26
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.
Read MoreVerra will not require corresponding adjustments for voluntary offset transactions
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.
Read MoreLeaders Summit on Climate: US hikes Paris climate goal as other nations strengthen emissions targets
US President Joe Biden raised the country’s emissions reduction target on Thursday at the White House-convened Leaders Summit on Climate, as other nations including Japan and Canada increased their own Paris Agreement pledges to the 2015 UN pact.
Read MoreANALYSIS: Peruvian dispute over REDD reference levels presages global offset supply uncertainty
Three indigenous organisations and nine REDD offset project developers have challenged Peru’s new forest emissions reference level (FREL), which they say reflects the preferences of donor nations and not realities on the ground in low-deforestation countries.
Read MoreVCM Report: Nature-based offset trades rev up amid wider VER stagnation
Voluntary emissions reduction (VER) prices dithered this week evenas spot commodities exchange and market data firm Xpansiv announced the inaugural trades in its nature-based offset product, while a new report highlighted the expansion of voluntary carbon market (VCM) interest in forestry-based credits over the past five years.
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