INTERVIEW: Carpetmaker Interface, a carbon-neutral pioneer, looks back on two decades of market evolution
After seeking to offset its emissions in the days before GHG protocols and carbon standards, US-based flooring manufacturer Interface is now receiving international acclaim for its work that has helped expand the voluntary emissions reductions (VER) market over the past 20 years.
Read MoreSouth Pole eyes acquisitions, expansion after Liechtenstein fund acquires 10% stake
Offset developer and consultancy South Pole is targeting rapid expansion this year after an impact fund owned by the Liechtenstein royal family acquired a 10% stake in the business.
Read MoreCOMMENT: Climate action claims are the new frontier for robust carbon accounting
Instruments to reduce emissions need to be clearly ranked for their environmental integrity and associated with robust claims that provide an accurate representation of the impacts achieved, argues Marion Verles of SustainCERT, adding that having civil society formulate a consensus on what can and can’t be done with offsets would go a long way in reassuring corporates and citizens that the market is trustworthy.
Read MoreMore shipbrokers charting their own course to trade carbon
Shipbrokers are launching dedicated carbon trading desks or forging ties with market experts ahead of looming regulation and amid rising interest in mitigating the climate impact of their voyages.
Read MoreVCM Report: VER prices fade to one-month low, while traders mull impacts of forestry credit review
Voluntary emission reduction (VER) prices continued a month-long descent this week as activity picked up in the futures market, while voluntary carbon market (VCM) traders pondered the impacts of US-based The Nature Conservancy undertaking an internal review of its forestry projects over additionality concerns.
Read MoreINTERVIEW – Making the grade: London-based startup launches carbon offset ratings service
The flourishing global voluntary carbon market is about to achieve another ‘coming of age’ milestone: its own fixed income-style ratings system.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: The Risk of Diverting Carbon Finance from Nature to Technological Carbon Removals
Increasingly, engineered carbon removal technologies are pitched against nature-based solutions to tackle the climate crisis – particularly in the voluntary carbon markets. Will forests be passed over to benefit from carbon finance – again?
Read MoreVCM Report: VER issuances and retirements grow in first quarter of 2021
Voluntary emission reduction (VER) prices largely continued their downward or stagnant trend this week on lower activity, even as data showed voluntary carbon market (VCM) issuances and retirements surged in the first quarter of the year compared to 2020.
Read MoreUS airline JetBlue expands existing VER commitment with net zero pledge
Low-cost carrier JetBlue on Thursday announced it will reach net zero emissions by 2040, building on the airline’s existing voluntary emissions reduction (VER) pledge to offset GHGs from all domestic flights.
Read MoreValue of US-listed carbon allowance ETFs tops $100 mln as investor interest heats up
The combined value of the two US-listed carbon allowance ETFs has topped $100 million while daily trading volumes surge, as investors continue to swarm into the fast-growing asset class.
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