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IPCC outlines solutions needed as 1.5C warming goal almost out of reach

Published 20:29 on April 4, 2022 / Last updated at 22:24 on November 23, 2022 / Katherine Monahan / 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

The final part of the IPCC’s latest climate science trilogy was approved and published by 195 governments on Monday, outlining solutions needed to change the course of our current dire 3C+ warming trajectory including scenarios for relying on natural and engineered carbon removals.

EXCLUSIVE: Oil major boosts global net zero hopes with carbon NFT

Published 04:00 on April 1, 2022 / Last updated at 22:34 on March 31, 2022 / Stian Reklev / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary

An Australian oil and gas company has unveiled plans to cut its emissions to zero by turning them into non-fungible tokens (NFTs), fuelling global hopes that the world can accelerate GHG cuts with the cryptocurrency approach, which analysts say can generate around 50 billion offsets per year.

UN chief launches expert group to help limit greenwashing in net zero pledges

Published 16:34 on March 31, 2022 / Last updated at 19:13 on March 31, 2022 / Katherine Monahan / 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

UN Secretary General Antonio Guterres launched a high-level expert group aimed at dissecting net zero commitments from non-state actors on Thursday, citing the need for greater transparency and consistency to weed out greenwashing, including any overreliance on carbon offsets.

Australia, IUCN funding vehicle issues call for blue carbon project proposals

Published 12:00 on March 30, 2022 / Last updated at 18:43 on November 23, 2022 / Stian Reklev / Africa, Asia Pacific, Australia, China, International, Mexico, Middle East, Nature-based, Other APAC, Paris Article 6, South & Central, Voluntary

A funding vehicle backed by the Australian government and conservation group IUCN is calling for funding proposals for blue carbon offset projects in developing nations.

COMMENT: Response to IETA Council Task Group on digital climate markets

Published 11:32 on March 30, 2022 / Last updated at 12:05 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, Paris Article 6, South & Central, South Korea, UK ETS, US, Voluntary

As the largest player in this nascent space, we feel it is necessary to respond to some of the concerns communicated by the IETA task group on digital markets, as well as highlight important areas of collaboration and innovation moving forward, with the ultimate objective of scaling climate action, write two of the core members in crypto carbon outfit KlimaDAO.

Better net zero alignment is driving record ETS prices and revenues -study

Published 19:25 on March 29, 2022 / Last updated at 19:31 on March 29, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, UK ETS, US

Emissions trading systems (ETS) worldwide have begun to align their emissions ambitions with net zero targets, boosting allowance prices and more than doubling government revenue in 2021, a research report outlined on Tuesday.

Claim game: The battle to convince companies about a life beyond offsetting

Published 20:55 on March 28, 2022 / Last updated at 07:14 on March 29, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

Companies have been slow to commit to climate action that doesn’t involve claims on the resulting abatement, a panel heard on Monday, despite rapid growth in corporate commitments and a drive to encourage such private sector finance as a more credible alternative to international offsetting.

COMMENT: IETA Council Task Group on digital climate markets – Key findings and recommendations

Published 09:00 on March 28, 2022 / Last updated at 21:04 on March 25, 2022 / Alessandro Vitelli / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, Contributed Content, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Other Content, Paris Article 6, South & Central, Switzerland, UK ETS, US, Voluntary

The International Emissions Trading Association will set up a Task Force to produce guidelines for the development of digital technologies for the carbon offset industry, including tokenised carbon credits, aiming to bolster the environmental integrity and transparency of the emerging digital carbon sector.

Natural Capital Partners, ClimateCare announce rebranding, set 2030 goal

Published 13:35 on March 23, 2022 / Last updated at 13:38 on March 23, 2022 / Katherine Monahan / 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

Voluntary carbon offset providers Natural Capital Partners and ClimateCare on Wednesday announced a rebranding as Climate Impact Partners, cementing their merger and setting a 2030 emissions goal.

With Article 6 rules agreed, experts stew over how emissions trade will work

Published 19:09 on March 22, 2022 / Last updated at 19:09 on March 22, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Four months on from a UN emissions trade deal, governments remain puzzled over how host countries should authorise international transfers and many other practicalities, a virtual meeting heard this week.

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