Carbon market investor expands Asia presence with Singapore office
A California-headquartered carbon credit investment and project management firm has opened a regional office in Singapore amid its Asian expansion efforts.
Read MoreCanadian nature-based solutions failing to realise full climate, water potential -researchers
A majority of nature-based solutions (NbS) projects implemented in Canada over the past 15 years have focused narrowly on biodiversity conservation despite possessing significant untapped potential to simultaneously address climate change, water security, and other societal challenges, according to new research.
Read MoreMajor firms deepen climate commitments as carbon credit adoption rises, report finds
More than half of the world’s largest companies now have net zero targets and nearly half plan to use carbon credits as part of their climate strategies, according to a report released Tuesday, highlighting the continued mainstreaming of voluntary carbon markets among major corporates.
Read MoreWashington state adopts updated forest offset rule for cap-and-invest programme
Washington state regulators adopted revisions to the US forest offset protocol under its cap-and-invest programme on Tuesday, finalising changes intended to make the crediting framework more applicable to the state’s forests while responding to comments on permanence and Tribal land constraints.
Read MoreVerra puts large Zambian agriculture, forestry project on hold
Verra has put a large Zambian REDD+ project on hold, six years after project registration, according to the standard body’s registry.
Read MoreUN-backed restoration finance facility backs Peru forest carbon developer
A UN-backed restoration finance facility has partnered with a Peru-focused nature-based solutions developer to help advance a pipeline of community-led forest restoration and conservation projects targeting carbon, biodiversity, and sustainable land-use outcomes across Latin America.
Read MoreBusiness coalition urges EU to heed its ideas for scaling carbon farming
A group of companies including Danone, Nestle, and Unilever, shared a set of recommendations on Tuesday which it says could accelerate a European agricultural transition under the bloc’s Carbon Removal Carbon Farming (CRCF) regulation.
Read MoreINTERVIEW: Contracted durability mechanisms could shore up nature-based removals under new SBTi corporate climate standard
A carbon project developer has pitched contracted durability mechanisms as a way to manage reversal risk, suggesting these buffer pool alternatives could equalise nature- and tech-based removal credits under the newly-introduced requirements of the Science-based Targets initiative’s (SBTi) latest Corporate Net-Zero Standard.
Read MoreNodal launches new CORSIA, future and options contracts
Nodal Exchange launched several new environmental futures and options contracts, including for CORSIA.
Read MoreLATAM Roundup: Country regulations shape developers’ goals for project size, attributes
From Mexico to Brazil, state support and regulations appear to be influencing the scale and bonus attributes that carbon project developers plan for in their initiatives.
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