Colombian afforestation projects often use non-native species, unsuited ecosystems -study

Published 21:57 on November 6, 2024  /  Last updated at 21:57 on November 6, 2024  / /  Americas, Nature-based, South & Central, Voluntary

A peer-reviewed study of dozens of afforestation, reforestation, and revegetation (ARR) projects in Colombia has found that while they have removed over 100 million tonnes of CO2, afforestation often uses non-native species or situates projects in ecologically inappropriate biomes.

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New GCF policy to channel ‘hundreds of millions’ into REDD+

Published 13:01 on November 6, 2024  /  Last updated at 13:01 on November 6, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive “hundreds of millions” to developing nations, the organisation said this week.

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Carbon standard unveils first nature stewardship credit pilots

Published 11:31 on November 6, 2024  /  Last updated at 11:31 on November 6, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA, Nature-based, Voluntary

A carbon standard will pilot its methodology for nature stewardship credits across two sites in Canada and Zambia, with plans to onboard additional projects in the coming months, the company told Carbon Pulse. 

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Gold Standard consults on multiple key carbon crediting documents

Published 09:07 on November 6, 2024  /  Last updated at 13:00 on November 6, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

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.

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Amazon’s climate fund backs new peatland standard in Ireland

Published 08:48 on November 6, 2024  /  Last updated at 08:48 on November 6, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

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.

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Emissions cuts could alter global ocean heat balance through 2100, researchers warn

Published 05:28 on November 6, 2024  /  Last updated at 05:28 on November 6, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Other APAC, Voluntary

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.

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UPDATE – Brazil’s Senate postpones vote on updated national ETS legislation

Published 02:06 on November 6, 2024  /  Last updated at 08:24 on November 6, 2024  / /  Americas, Carbon Taxes, Nature-based, South & Central, Voluntary

Brazil’s Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week.

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Brazilian partnership to restore 334k hectares of forest, generate carbon credits

Published 15:46 on November 5, 2024  /  Last updated at 15:46 on November 5, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

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.

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Scottish govt releases framework for carbon, biodiversity markets

Published 15:37 on November 5, 2024  /  Last updated at 15:37 on November 5, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

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.

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Norway, Iceland struggling to meet their old 2030 climate targets -report

Published 13:27 on November 5, 2024  /  Last updated at 13:27 on November 5, 2024  / /  EMEA, EU ETS, International, Nature-based, Voluntary

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.

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