Gold Standard consults on multiple key carbon crediting documents
Gold Standard has opened consultations on multiple guiding documents relating to carbon crediting projects this week as the registry builds on recent approval obtained from the UN to supply the current phase of the CORSIA international aviation offsetting scheme.
Read MoreAmazon’s climate fund backs new peatland standard in Ireland
US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually.
Read MoreEmissions cuts could alter global ocean heat balance through 2100, researchers warn
Efforts to cut greenhouse gas emissions later this century could drastically alter the way oceans absorb and distribute heat, with lasting impacts on climate patterns, a new study has found.
Read MoreUPDATE – Brazil’s Senate postpones vote on updated national ETS legislation
Brazil’s Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week.
Read MoreBrazilian partnership to restore 334k hectares of forest, generate carbon credits
An alliance of several Brazilian public institutions on Friday agreed to structure new forest concessions for sustainable logging and forest restoration, offsetting the cost of restoring 334,000 hectares of degraded areas in the Amazon using the proceeds from carbon credits.
Read MoreScottish govt releases framework for carbon, biodiversity markets
Scotland’s government released on Tuesday a framework aimed at driving private investment in natural capital, outlining a set of high-integrity principles as well as a roadmap to 2026 to scale the carbon and biodiversity credit markets.
Read MoreNorway, Iceland struggling to meet their old 2030 climate targets -report
Norway faces a significant shortfall in reaching its previous 2030 emissions reduction goal of 40% below 1990 levels, while Iceland could also fall short of tighter targets, according to a report published last week.
Read MoreBrazilian REDD+ frameworks must address planned deforestation risk – developers’ group
A group of Brazil-based nature-based solutions carbon credit project developers said in a technical note last week that the development of jurisdictional REDD+ approaches (J-REDD+) in the country must better address the risk of planned deforestation.
Read MoreLATAM Roundup: Countries press pause, press on, press regulation
The week ending Nov. 3 saw hugely varied news for carbon markets in Latin America and Caribbean, alternately accelerating and decelerating market development in core and emerging markets like Brazil, Argentina, and Panama.
Read MoreVCM Report: CORSIA impact yet to appear despite approval of major carbon standards
Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.
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