Investors should pressure large advertising companies to refuse to work for environmentally damaging clients -think tank

Published 13:00 on February 23, 2024  /  Last updated at 11:23 on February 23, 2024  / /  Americas, Asia Pacific, Australia, EMEA, International, Japan, Middle East, US, Voluntary

Investors in publicly listed advertising holding companies should hold them to greater account over their carbon-intensive clients, says a report about the environmental impact of the industry.

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Survey respondents tell Verra to get a move on integrating new approaches

Published 01:02 on February 23, 2024  /  Last updated at 01:02 on February 23, 2024  / /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Middle East, Nature-based, Other APAC, South & Central, Voluntary

Voluntary carbon stakeholders have pressed certifier Verra to work faster on adopting its various new initiatives and make sure they are aligned with parallel work being done to improve the integrity of the market.

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Compliance markets will bring guardrails, scale to voluntary carbon as the two converge -experts

Published 16:51 on February 21, 2024  /  Last updated at 16:51 on February 21, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, China, EMEA, EU ETS, Japan, Middle East, Nature-based, Paris Article 6, Switzerland, UK ETS, US, Voluntary

The regulatory backbone of compliance mechanisms will help to support and scale the voluntary carbon market (VCM) as the two increasingly overlap, with buyers moving away from individual project assessment to rely instead on the oversight of schemes like CORSIA and Article 6 as a benchmark for credit quality, experts told a webinar Wednesday.

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Tokyo tops global list of cities requiring vast afforestation to combat high emissions

Published 18:06 on February 20, 2024  /  Last updated at 18:06 on February 20, 2024  / /  Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Middle East, Nature-based, US, Voluntary

Tokyo would need to plant over two billion trees to offset the more than 320 million tonnes of CO2 it emits every year, making it the city the most in need of afforestation to counteract its carbon emissions, new research finds.

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VCM Report: Integrity drive undermined by large trade in near-worthless voluntary carbon credits

Published 17:12 on February 19, 2024  /  Last updated at 17:12 on February 19, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

Prices barely moved last week and trade thinned to curtail some early exuberance of a revival of the voluntary carbon market this year after a trough in the second half of 2023, although retirement levels remained healthy.

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Egypt approves certifiers for stalled national voluntary carbon market

Published 22:00 on February 15, 2024  /  Last updated at 22:00 on February 15, 2024  / /  Africa, Climate Talks, EMEA, International, Middle East, Voluntary

Egypt’s nascent voluntary carbon market (VCM) received a push on Wednesday as the country’s Financial Regulatory Authority (FRA) officially approved three verification and certification bodies.

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Carbon intensity, not colour, will determine future of low-carbon hydrogen -report

Published 12:56 on February 15, 2024  /  Last updated at 12:56 on February 15, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Middle East

There needs to be a better understanding of the global value chain of hydrogen production and governments must make regulations based on its carbon intensity rather than colour, a report by an energy consultancy said Thursday.

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UAE, Azerbaijan, Brazil announce “troika” to raise global climate ambition

Published 11:54 on February 13, 2024  /  Last updated at 11:54 on February 13, 2024  / /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Middle East, Nature-based, Paris Article 6, South & Central, US, Voluntary

The host of last annual UN climate summit, the UAE, has teamed up with Azerbaijan and Brazil where the next two events are due to take place, to form a partnership aimed at raising global climate ambition, they said Tuesday.

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UAE firm partners with Indonesian developer on mangrove restoration project

Published 07:23 on February 13, 2024  /  Last updated at 08:57 on February 13, 2024  /  Asia Pacific, EMEA, Middle East, Nature-based, Other APAC, Voluntary

An Indonesian carbon project developer has signed an agreement with a Dubai-based firm to restore around 6,500 hectares of degraded mangrove forest in Aceh province.

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VCM Report: Voluntary carbon market struggles for direction awaiting CORSIA and ICVCM clarity

Published 16:16 on February 12, 2024  /  Last updated at 02:03 on February 22, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Middle East, Nature-based, New Zealand, US, Voluntary

Standardised voluntary carbon market prices continued on a sideways trajectory last week as participants mulled the work being done by the Integrity Council for Voluntary Carbon Markets (ICVCM), while also awaiting clarity on which units will be eligible for the current CORSIA phase.

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