REDD credits seen offered $5 cheaper than CCB-certified equivalents
Major clips of VCS-certified REDD credits lacking CCB co-benefit certification were being offered at a $5 discount to VCS-CCB units on Friday, highlighting a hefty premium for nature units that can meet the specification requirements for delivery into futures contracts on the CME exchange.
Read MoreEuropean buyers ask for VCM offset prices in euros amid dollar strength
Some European carbon retailers and consultancies have started to request prices for voluntary carbon market credits in euros rather than dollars after the Eurozone’s common currency sunk below the greenback.
Read MoreFEATURE: Central banks’ climate efforts limited compared to carbon price
The European Central Bank is leading efforts among its peers worldwide to step up the fight against climate change and biodiversity loss, but evidence suggests these moves will have scant impact compared to even a modest carbon price.
Read More‘Gold plating’ offsets could be damaging, warns standards body
‘Gold plating’ certain types of offset credits in the drive to improve integrity in the voluntary carbon market (VCM) could prove detrimental in combating global warming, a markets standards body warned on Thursday.
Read MoreCarbon removal business set to return trillions for early investors -report
The nascent carbon removal market is set to accelerate to maturity as a record year of investment pledges this year is bolstered by several underlying market dynamics, according to a report published on Thursday.
Read MoreFungibility obstacles: whales, dolphins and other carbon credit attributes
Some carbon project developers care less about climate outcomes than they do about protecting nature or supporting vulnerable communities, a virtual event heard Wednesday – a stance that risks complicating fungibility for a market already struggling to simplify trading.
Read MoreRating agency awards two fresh grades, puts one more on watch
A carbon credit ratings agency has given a cookstove project in Nepal and a group of hydropower plants in China, both accredited by Verra, a reasonable chance of avoiding a tonne of CO2
Read MoreClimate Impact Partners bolsters voluntary carbon sourcing team with two more market experts
Voluntary carbon offset provider Climate Impact Partners has bolstered its sourcing team with two more market experts.
Read MoreExpect higher prices for Article 6 authorised carbon credits, say experts
Carbon credits will most certainly be more expensive than their alternatives when they include authorisations from host-country governments, speakers at a virtual event said on Tuesday, pointing to another factor that would differentiate credits and complicate fungibility in the market.
Read MoreBRIEFING: Spot the difference – breaking down the climate risk rulebooks
Companies are set to face a maze of intersecting climate risk reporting requirements as early drafts of three competing rulebooks and comments analysed by Carbon Pulse reveal an array of differences on key issues such as emissions scope, oversight, and offset use.
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