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Tech to check: The digital revolution is finally coming to carbon project verification

Published 19:01 on June 10, 2022  /  Last updated at 23:42 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

While interest in the voluntary carbon market (VCM) continues to surge, some of the underlying mechanics need a revamp to keep pace, according to some experts highlighting how harnessing technology can improve both carbon project verification and overall impacts.

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Gold Standard softens stance on adjusted credits in new claims guidelines

Published 20:13 on June 9, 2022  /  Last updated at 08:32 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon credit certifier Gold Standard issued new guidelines on Thursday for how its units can be used by voluntary buyers given the new Paris Agreement context, providing greater flexibility on the need for authorisation from the project’s host-country government.

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Shipping’s net zero ambition in the doldrums at the IMO

Published 19:46 on June 8, 2022  /  Last updated at 19:51 on June 8, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

On World Oceans Day, international shipping looks set to run aground of progress to phase out emissions, with governments clashing at the UN’s International Maritime Organisation (IMO) negotiations over a potential global 2050 net zero emissions goal.

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Green groups launch interactive tool to score carbon credit quality

Published 14:00 on May 31, 2022  /  Last updated at 22:36 on June 2, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, UK ETS, US, Voluntary Market  /  No Comments

Environmental groups launched a free online tool on Tuesday that they say will help voluntary buyers assess the quality of carbon credits, with initial testing showing that getting a high score for quality across all categories is unlikely.

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Oil and gas firms could be barred from credible climate claims guidelines

Published 17:19 on May 27, 2022  /  Last updated at 17:24 on May 27, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Many of the world’s largest oil and gas companies have committed to mid-century net zero emissions targets, but initiatives looking into the credibility of climate claims are abstaining their support over fears of backing greenwashing.

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Insurance products emerging to guard against Paris-era carbon market risks

Published 14:09 on May 26, 2022  /  Last updated at 14:09 on May 26, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Insurance mechanisms are emerging as a way to guard against policy reversal in carbon markets, where some say these products could mitigate the risk of government U-turns or other political risks associated with Paris-aligned emissions trade.

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California offset issuance hits two-year low, while DEBs prices rise

Published 21:53 on May 25, 2022  /  Last updated at 21:58 on May 25, 2022  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB distributed the smallest number of compliance offsets this week since spring 2020, while traders reported credits tagged with in-state benefits were seeing increasingly higher values than out-of-state units.  

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VCM demand bulge for carbon removals needs integrity pairing -report

Published 21:19 on May 20, 2022  /  Last updated at 11:54 on May 21, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

There are no durable CO2 removal credits being offered from projects issuing carbon credits in 2021-22 on the voluntary carbon market (VCM), according to a report that assesses trends across the four largest offset registries, and also points out other challenges with carbon offset supply.

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Carbon project developers search for interim solution to CDM freeze

Published 20:18 on May 19, 2022  /  Last updated at 20:30 on May 19, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Developers with projects registered under the CDM are urging regulators to unfreeze post-2020 carbon credits to make them eligible for the voluntary and domestic carbon markets, aiming to keep revenues flowing ahead of the completion of a new carbon crediting mechanism under the Paris Agreement.

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Offset ratings service to integrate with a second credit marketplace

Published 19:07 on May 17, 2022  /  Last updated at 19:10 on May 17, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A carbon credit marketplace and a global ratings agency for the voluntary carbon market (VCM) have teamed up with the aim of providing customers greater confidence in the quality of the units they buy.

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