INTERVIEW: New standard body EE looks to revive REDD market with fresh approach
Few markets have faced as severe a reputational battering as the REDD+ avoided deforestation sector in the last couple of years, but new standard body Equitable Earth (EE) plans to restore faith in saving tropical forestry with a fresh approach that is already set to protect an area the size of Portugal, the chief executive told Carbon Pulse this week.
Read MoreBrazilian Amazon’s protected areas avoided deforestation of 29 mln ha over 40 years -study
Protected areas (PAs) in the Brazilian Amazon prevented the deforestation of more than 29 million hectares between 1985-2024, playing a critical role in biodiversity conservation and climate mitigation, according to a pre-print study.
Read MoreIsraeli ag tech company issues first verified carbon credits
An Israel-based agricultural technology company has issued its first verified carbon removal (CDR) credits, with plans to “disrupt the global CDR market”, according to its CEO.
Read MoreLCAW26: Indonesia’s new carbon registry coming in two weeks -minister
Indonesia is set to launch its carbon credit registry in two weeks, as part of the country’s push to drive finance towards the protection of its vast forests, the country’s forestry minister confirmed during London Climate Action Week on Wednesday.
Read MoreBorneo project targets August listing for biodiversity, carbon tokens
A project developer has said it will list biodiversity and carbon tokens by August from a project spanning 8.7 million hectares in the Indonesian part of the island of Borneo.
Read MoreLCAW26: Financial institutions endorse TFFF ahead of COP17
Twelve investors and one supporter have endorsed the Tropical Forests Forever Facility (TFFF), sharing a joint statement at London Climate Action Week (LCAW) and calling for more signatories ahead of the UN’s upcoming biodiversity talks in October.
Read MoreDATA DIVE: Overall SBTi demand may top 1 bln in 2035, but questions remain over near term CDR prospects
Demand for both removals and reduction credits from companies taking part in a corporate target setting scheme could top 1 billion in 2035, according to forecasts based on a recent update to the programme’s rules.
Read MoreLCAW26: New mechanism to mitigate very long-term project risk launching this year
Mitigating reversal risk in carbon markets beyond the standard project life horizon will be possible with a new market-wide ‘Permanence Trust’ mechanism to be piloted later this year, said experts at London Climate Action Week.
Read MoreGlobal business leaders look to sustainability for competitiveness, call for policy certainty across economies -report
The majority of senior leaders across more than 500 global businesses expect sustainability to be a source of competitive advantage over the next five-10 years, according a CEO-led, global business group.
Read MoreForeign entities capture key CDR project roles in Africa, Latin America -study
Organisations positioned to capture value from carbon removal (CDR) projects are often located outside the regions hosting those activities, according to a new analysis focusing on projects across Africa, Asia, and Latin America.
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