ANALYSIS: Market hopes new administration awakens giant dormant Colombia, key implementation questions loom
Colombia, a major player in voluntary and international environmental markets, is nearing the end of a presidential term that dealt the sector a major blow – but while the incoming president has raised hopes of a revival, questions remain over implementation.
Read MoreUS climate finance firm, developer partner on bankable Global South reforestation carbon pipeline
An Oregon-based climate finance advisory firm has partnered with a Hawaiian nature restoration developer to support global reforestation projects, the companies announced on Tuesday.
Read MoreVerra review finds no evidence of historical safeguards breaches at withdrawn Kariba REDD+ project
Verra has concluded the safeguards component of its quality control review (QCR) of the Kariba REDD+ carbon project, with independent auditors finding no evidence that the project breached the standard’s rules during the period covered by their original assessments.
Read MoreQBE, partners launch UK nature restoration consortium with 50-year commitment
Insurance company QBE and seven businesses from its supply chain are partnering for a collective commitment of 50 years to fund rewilding and carbon credit generation in the United Kingdom, they announced on Tuesday.
Read MoreEU risks litigation if it drops binding forestry climate goal, WWF warns
The EU risks exposing itself to legal challenges if it weakens or abandons binding targets for carbon removals from forestry and land use as part of its post-2030 climate framework, according to a new legal analysis commissioned by WWF and published on Tuesday.
Read MoreGermany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.
Read MoreMalaysian govt agency seeks partners for pilot carbon offset projects
The Malaysia Forest Fund (MFF), a federal government agency, has called for partners to pilot two new methodologies under its Forest Carbon Offset (FCO) Programme, with a focus on urban forestry and agroforestry, it announced.
Read MoreINTERVIEW: Govts urged to use health budgets for urban nature-based solutions amid deadly European heatwave
Governments should allocate part of their health budgets to greening urban areas, as scaling up nature-based solutions is one of the most effective ways to tackle rising temperatures in European cities, an expert told Carbon Pulse.
Read MoreBrazilian lender backs new Amazon REDD+ project targeting 7.5 mln credits annually by 2030
A Brazilian state-controlled lender will support a newly launched Amazon REDD+ carbon credit initiative targeting 5 million hectares under management, annual production of 7.5 mln credits, and around $50 mln in net yearly revenue by 2030.
Read MoreTanzania rejects claims carbon market deals surrender natural resources
Tanzania has rejected opposition claims that international carbon trading agreements amount to the sale or transfer of control over the country’s natural resources, insisting that its carbon market framework is designed to protect national sovereignty while generating new revenue.
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