FEATURE: New SBTi corporate climate standard sets meaningful internal carbon pricing goalposts, say experts
The introduction of specific price anchors for companies choosing to set an internal carbon price under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, will help to ‘avoid race-to-the-bottom dynamics’ and provide viable financial support to many carbon projects, according to experts.
Read MorePRESS RELEASE: Carbon Pulse launches the Biodiversity Portal
Track submissions of National Biodiversity Strategy and Action Plans (NBSAPs) and interest in biodiversity credits ahead of COP17 through the Biodiversity Portal.
Read MoreGuyana sees boom year for J-REDD+ revenues with nearly $200 mln income
Guyana’s jurisdictional REDD+ (J-REDD+) programme is blowing past prior annual revenue figures, bringing in some $196 million this year, according to Carbon Pulse calculations based on statements made by the government.
Read MoreIndonesia targets export sale of 30 mln forestry carbon credits in July
Indonesia is looking to launch an international sale of forestry carbon credits next month, offering more than 30 million tonnes of emission reductions to global buyers, according to officials.
Read MoreEnvironmental groups challenge EU’s new carbon removal rules over ‘greenwashing’ risks
A coalition of environmental NGOs has triggered an internal review of the European Commission’s newly adopted methodologies for biogenic carbon removals, arguing they breach the EU’s Carbon Removals and Carbon Farming (CRCF) Regulation and could end up increasing emissions rather than cutting them.
Read MoreVerra reinstates four more Chinese projects after review
Carbon standard Verra has reinstated four additional Chinese forestry and grassland carbon projects following a review of their government authorisations, according to a developer.
Read MoreTechnical assistance funding backs Congo sustainable land-use project
A sustainable land-use project in the Republic of the Congo has secured catalytic technical-assistance funding to support environmental and social studies aimed at advancing the project towards investment readiness.
Read MoreUS-based startup launches carbon removals business, first projects due this year
A newly launched CO2 removals developer has emerged with plans to build a portfolio of community-focused forestry and biomass projects.
Read MoreSydney investment firm rolls out global natural capital fund
A Sydney-based investment manager and forestry firm launched its first global natural capital strategy fund, which will invest across forestry, agriculture, carbon, and biodiversity markets.
Read MoreBrazilian Climate Fund announces new round of R$2.7 bln for restoration projects, backing carbon credit pipeline
Brazil’s National Bank for Economic and Social Development (BNDES) and the Ministry of Environment and Climate Change (MMA) have announced five new forest restoration and agroforestry financing operations worth R$834 million ($164 mln), expected to leverage a total of R$2.7 billion in investments and generate millions of carbon credits.
Read More