COP27: New demand pledges for forest carbon credits amongst incremental progress to halt deforestation

Published 16:35 on November 7, 2022  /  Last updated at 06:56 on November 8, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary

Several public and private commitments were made to ramp up the financing available to protect the world’s forests at the COP27 UN climate talks on Monday, alongside efforts to better track progress on conserving and enhancing forest carbon stocks that included new demand pledges towards forest carbon credits.

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INTERVIEW: Platform eyes role in explosion of REDD+ projects beyond rainforests

Published 18:57 on November 4, 2022  /  Last updated at 17:07 on November 10, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

More tree conservation projects could be potentially created in the savannas and shrub lands of sub-Saharan Africa than from the rich rainforests around the continent’s equator, according to one of the founders of a soon-to-be launched free-to-access digital platform that promises to calculate the carbon content of every tree on the planet.

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VCM integrity bodies tout ‘incremental’ approach as work continues

Published 21:11 on November 3, 2022  /  Last updated at 21:11 on November 3, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary

The VCM is set to be the topic of several events organised on the margins of COP27 in Egypt this week, where experts are due to debate its merits over its weaknesses, while initiatives aimed at improving integrity highlight progress to date.

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Ratings agency finds minority of REDD+ credits are good quality

Published 17:02 on November 3, 2022  /  Last updated at 17:35 on November 3, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

The “misconception” that all forestry conservation (REDD+) projects are low quality is not true, according to a ratings agency that has classed more than 143 mln carbon credits as coming from projects with little risk of overstated claims, although they are still a minority of the offsets issued so far.

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At least 29 mln REDD credits eligible for backdating with CCB

Published 18:08 on November 1, 2022  /  Last updated at 18:08 on November 1, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

At least 29 mln forestry conservation (REDD) credits from 12 projects accredited by Verra over the last eight months could be retroactively backdated with the co-benefit Climate, Community and Biodiversity (CCB) standard, boosting their value, analysts have suggested.

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Xpansiv to launch new standardised carbon credit contract for cookstoves

Published 13:00 on November 1, 2022  /  Last updated at 14:50 on November 29, 2022  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Xpansiv is launching a standardised spot contract for cookstoves offsets next month that hopes to overcome general criticisms of poor quality projects in the voluntary carbon market (VCM) with the requirement of achieving at least five sustainable development goals (SDGs).

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PREVIEW – COP27: The big ticket topics to follow in Sharm el-Sheikh

Published 19:51 on October 31, 2022  /  Last updated at 15:20 on November 7, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US

Loss and damage, climate finance, and the emissions mitigation gap are expected to be among the top issues faced by representatives from nearly 200 governments at UN climate talks starting this week, according to climate experts and other observers.

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VCM Report: Nature-based offsets mount slight recovery

Published 18:41 on October 31, 2022  /  Last updated at 18:41 on October 31, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Nature-based spot and nearby future offset prices bounced off lows last week, partly buoyed by news of Indonesia clarifying carbon trading rules and the upcoming UN climate talks, but the market in general remain depressed by the gloomy macro-economic outlook.

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SPONSORED: Carbon markets driving price discovery -CME

Published 16:11 on October 31, 2022  /  Last updated at 11:07 on December 19, 2023  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Contributed Content, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, Other Content, South & Central, South Korea, Switzerland, US, Voluntary

As organizations make carbon neutral pledges, more are turning to carbon pricing instruments to hedge positions. That includes a suite of futures contracts.

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TENDER: Call for Submissions, Offset Project Development – Volkswagen ClimatePartner

Published 15:51 on October 31, 2022  /  Last updated at 11:07 on December 19, 2023  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Contributed Content, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Other Content, South & Central, South Korea, Switzerland, US, Voluntary

VCP is requesting submissions for opportunities to develop and acquire offsets generated from projects that lead to high-quality avoidance, reduction, or removal of CO2-e. We welcome multiple project submissions per respondent until December 31, 2022. Exclusive project ownership is preferred, but not required.

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