Veteran offset developer ties up with blockchain marketplace to underline Web3 influence
A veteran project developer has teamed up with a blockchain marketplace to underline the ongoing inroads of decentralised finance and digitalisation in the voluntary carbon market (VCM) that threatens to undermine traditional intermediaries.
Read MoreINTERVIEW: REDD developer Wildlife Works eyes six-fold issuance ramp up by 2026
Wildlife Works is eyeing a six-fold increase in carbon credit issuances amid a string of new projects, CEO Mike Korchinsky told Carbon Pulse, revealing the firm has already locked in enough forward sales to cover more than three years of its current output to eclipse an issuance cull at its flagship scheme.
Read MoreCOMMENT: The Rise of Co-Benefits
Co-benefits are slated to play a critical role in voluntary carbon markets, but only if they can evolve, writes David Chen, program development manager at ClimeCo.
Read MoreOil ban costs Italy €190 million under 24-year-old energy supply treaty
Italy will have to pay as much as €190 million plus interest to a British oil company for obstructing an offshore project back in 2015, a behind-closed-door trial based on the Energy Charter Treaty (ECT) ruled on Wednesday.
Read MoreCalifornia offset issuance picks up pace, while price discounts narrow with CCA price setbacks
California regulator ARB doubled the compliance offsets distributed this week compared to its prior issuance earlier in August, according to government data published Wednesday, while offset discount values narrowed with WCI allowance prices falling from early week highs.
Read MoreProject developer teams up with removals platform to scale biochar
A large project developer and a carbon removal credit platform have teamed up to scale biochar projects globally in the wake of certifier Verra publishing its methodology for this type of CO2 removal.
Read MoreVCM Report: Offset prices rise sharply as liquidity picks up
The recovery in voluntary carbon market prices accelerated over the past week in the tailwind of the US Inflation Reduction Act that will shower £430 billion on an assortment of climate change measures, healthcare policies, and tax credits on the world’s largest economy.
Read MoreOil majors’ GHG abatement scenarios fail to hit target, say researchers
Scenario modelling by three major oil companies on their future greenhouse gas emissions fails to meet the goals of the Paris Agreement, according to peer-reviewed research published this week.
Read MoreICE settles 2026 to 2030 vintage future for nature credits above $24
Hedging emissions with vintage 2026 to 2030 nature-based offsets will cost more than $24 a tonne on exchange ICE, which launched ten new voluntary carbon market (VCM) futures this week.
Read MoreVerra-approved dynamic baseline forestry methodology aims to deflate hot air criticism
Thousands of owners of small forestry plots in the US could be enrolled into carbon markets with the launch of a dynamic baseline methodology for calculating emissions that could be later rolled out to more than 100 countries globally, and help end the criticism of hot air, its proponents claim.
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