Ex-Shell NBS expert joins Microsoft’s carbon removals team
A nature-based solutions expert has joined Microsoft as program manager of its carbon removals team following seven years at Shell.
Read MoreNew York asset management firm launches $25 mln carbon credit fund
A New York City-headquartered asset management firm has launched a $25 million fund to offer individual investors access to early-stage carbon projects.
Read MoreCanada awards $15 mln globally for sustainable forestry projects
The Canadian government has awarded C$20.6 million ($15.4 mln) to 31 projects across the globe aimed at promoting sustainable forestry.
Read MoreBrazil’s Amazonas REDD+ recommendation to suspend activities halted as prosecutors defend effort
Brazil’s Federal Public Prosecutor’s Office (MPF) recommendation to suspend REDD+ activities in the state of Amazonas has been temporarily halted by an oversight committee despite MPF objections.
Read MoreCWNYC24: Brazilian J-REDD deal ignored governor’s tainted record, say Indigenous leaders
A buyers’ club for jurisdictional REDD (J-REDD) credits announced a R$1 billion ($180 million) offtake agreement with a Brazilian state at Climate Week NYC despite its government’s ongoing bias toward mining and agribusiness, Indigenous leaders have said.
Read MoreNorway releases nature action plan, sets targets far short of GBF
Norway on Friday released its nature action plan ahead of next month’s COP16, but drew ire from environmentalists as it stopped far short of making national commitments aligned with the Global Biodiversity Framework (GBF).
Read MoreNGOs offer ‘playbook’ to help govts set price for ITMOs
Governments face a complex task in setting the price of ITMOs while still staying on track to meet their own climate goals, according to two NGOs, which have teamed up to release a “Ministry Playbook” guide to selling the international carbon credits.
Read MoreCWNYC24: FEATURE – VCM continues struggle to define what makes a ‘good enough’ carbon credit
At the spate of voluntary carbon events scattered in high-rises across New York this week, one topic persisted: how does the market evolve into the trustworthy, functioning, and effective global climate finance driver and unleash the billions of corporate dollars needed for net zero.
Read MoreINTERVIEW: Undeterred by policy inadequacy, Pakistani non-profit hopes to turn the tide for country’s voluntary carbon market
A non-profit in Pakistan is endeavouring to get the much-needed carbon finance into the country heavily impacted by climate change, despite the lack of clear pathways for offset projects to scale.
Read MoreCWNYC24: Growing gap between primary and secondary VCM market -panel
There is a growing gap between prices in voluntary carbon’s primary and secondary markets, while liquidity is also moving to the former, a panel heard at Climate Week NYC.
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