COMMENT: Why we should welcome Gabon’s big UNFCCC REDD+ issuance
Voluntary carbon market participants should look positively on the news that Gabon will soon come to market with an offering of 90 million tonnes of sovereign carbon credits, writes Federica Bietta of the Coalition for Rainforest Nations
Read MoreCME Group extends N-GEO future to December 2027
CME Group is extending its nature-based offset future, the CBL N-GEO, to December 2027 as it seeks to maintain liquidity in the nature-based offset and stave off competition from rival exchanges.
Read MorePartnership looks to overcome bottlenecks in forest seed supply in East Africa
A forest restoration company announced a new partnership on Monday to create storage for up to 50 million seeds in East Africa, a move seen as supporting several projects in the region and bolstering biodiversity in such activities as they seek out carbon finance.
Read MoreVCM Report: Spot prices edge higher, but OTC market sees wide bid and offer spreads
Standardised spot prices climbed to recover from last week’s dip, but sources over the past week reported a generally quiet over-the-counter bespoke market amid wide bids and offers.
Read MoreOffset platform adopts tougher scrutiny of the forestry projects it lists
A US-based carbon credit platform launched an updated version of its screening process for listing forestry projects on Wednesday, using ‘dynamic’ satellite data to audit CO2 savings in a bid to overcome criticism of over-crediting based on its previous use of ‘static’ historical data.
Read MoreMexican ETS to begin operational phase in 2023 with 100% free allocation
The Mexican Emissions Trading Scheme will kick off next year by freely distributing all allowances before reducing this over time, while the government still needs to determine the programme’s auction mechanism and offset protocols, a conference heard Tuesday.
Read MoreFirms to launch insurance product for ‘risky’ voluntary carbon market
An insurance product for the voluntary carbon market (VCM) has been launched to cover the risk of third-party negligence and fraud by project developers and auditors, including whether the offset credit removes or avoids a tonne of CO2.
Read MoreTokenised voluntary carbon credits trading 70% cheaper than OTC -analysis
Carbon credits trading in the voluntary market, largely from renewable energy projects with vintages from 2008-15, are trading at huge discounts as tokens on blockchain compared to the traditional over-the-counter market, according to analysis published on Tuesday.
Read More‘De-growth’ vs ‘green-growth’ debate highlights expert divergence under climate change
Two leading academic experts showed professional constraint on Friday during a heated debate on opposing economic growth models, including whether continuous growth can be sustained in a landscape of accelerating climate change.
Read MoreFund set up as offsetting alternative sticks mostly to CO2-focused projects
A fund set up as an alternative to carbon offsetting has in its first year mostly opted to support projects that closely measure their tonne-for-tonne emissions impact, while reaffirming that the financing is tied to overall climate impact rather than measured CO2 results.
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