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Tradable units offer route to ramp up CCS worldwide -report

Published 19:38 on March 18, 2022 / Last updated at 19:39 on March 18, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Paris Article 6, South Korea, Switzerland, US, Voluntary

International emissions trade could be used to incentivise the capture and removal of billions of tonnes of CO2, according to research commissioned by oil firms this week that set out how heavy industries could cooperate in light of net zero commitments.

Integrity Council firms up timelines on guidance to ensure quality voluntary carbon offsets

Published 12:13 on March 16, 2022 / Last updated at 23:53 on September 22, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary

The private-sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) firmed up its timelines on Wednesday for the long-awaited release of its new standards that it hopes will set a benchmark for carbon offset quality.

Microsoft laments high-quality carbon removal issues in 1.5 Mt procurement

Published 19:03 on March 14, 2022 / Last updated at 19:03 on March 14, 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

Tech giant Microsoft last week documented the challenges in buying carbon removals as part of its new 1.5 Mt procurement, outlining difficulties that range from a lack of high-quality credits and common standards to a previously-contracted forest offset project burning down.

US forestry VER marketplace closes $50 mln capital raise as it targets international expansion

Published 23:32 on March 2, 2022 / Last updated at 23:35 on March 2, 2022 / Matthew Lithgow / Africa, Americas, Asia Pacific, Canada, EMEA, International, Mexico, Nature-based, South & Central, US, Voluntary

A San Francisco-based climate tech company on Wednesday announced a $50 mln fundraise that will grow its forestry-based voluntary emissions reduction (VER) marketplace, though the firm has drawn criticism from researchers over its alternative approach for measuring temporary CO2 storage.

California regulator ARB’s carbon market chief departing for global forest group

Published 23:06 on February 25, 2022 / Last updated at 12:06 on December 19, 2023 / Africa, Americas, Asia Pacific, Bavardage, Canada, International, Mexico, Other APAC, RINs & LCFS, South & Central, US, Voluntary

The long-time head of California’s WCI-linked cap-and-trade programme will leave the government next week for a position with an international task force aiming to protect forests via jurisdictional REDD+ strategies.

California offset issuance stays low, Quebec mints first credits in 8 months

Published 22:44 on February 23, 2022 / Last updated at 22:44 on February 23, 2022 / Matthew Lithgow / Americas, Canada, Mexico, US, Voluntary

The number of compliance offsets handed out by California regulator ARB through February is off to the slowest start in five years, while Quebec gave out its first WCI credits since June, according to government data published Wednesday.

Experts fear carbon finance stand-off amid vague UN Article 6 guidance

Published 21:35 on February 22, 2022 / Last updated at 14:32 on March 3, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

Investments in carbon-cutting projects worldwide risk being delayed amid a lack of guidance on how countries should adjust for carbon credits generated on their territories, experts told an online panel on Tuesday.

ANALYSIS: A good vintage? The voluntary carbon market’s longevity problem

Published 17:05 on February 18, 2022 / Last updated at 17:05 on February 18, 2022 / Katherine Monahan / 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, Switzerland, US, Voluntary

The voluntary carbon market’s (VCM) effectiveness as a force in climate action is being called into question, with more than half of credits retired in 2021 representing emissions cuts made more than five years earlier.

Gold Standard accelerates digital drive to scale up climate project action

Published 19:01 on February 11, 2022 / Last updated at 19:26 on February 11, 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

Certifier Gold Standard aims to launch an initiative this year to deploy more digitisation towards the auditing of carbon projects, the latest in a growing number of initiatives tapping big tech to help scale the role of carbon finance in tackling climate change.

VER platform steadfast on early Q2 auction launch, building on pilot round

Published 19:45 on February 10, 2022 / Last updated at 19:45 on February 10, 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

Singapore carbon exchange and marketplace Climate Impact X (CIX) remains committed to launching its auctions in Q2, noting lessons learned from the October pilot auction, its CEO said on Thursday.

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