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Verra sets out emissions baseline changes for multi-level REDD frameworks

Published 22:55 on March 4, 2021  /  Last updated at 22:55 on March 4, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Offset standard developer and manager Verra announced plans on Thursday to revise the methods for setting reference levels under its VCS project-level and Jurisdictional and Nested REDD+ (JNR) programmes, aiming to streamline emissions accounting and incorporate scientific best practices.

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COMMENT: New claims for a new era of private sector carbon finance   

Published 13:26 on March 3, 2021  /  Last updated at 13:26 on March 3, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

The voluntary carbon market can build a common understanding for a new financing claim beyond offsetting that represents the same commitment of taking responsibility for unabated emissions by mitigating carbon beyond boundaries, writes Sarah Leugers of Gold Standard.

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Carbon Pulse strengthens unrivalled voluntary markets coverage with expert ‘Net Zero’ hire

Published 11:00 on March 3, 2021  /  Last updated at 11:21 on March 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

(Free read) – Carbon Pulse has significantly strengthened its unrivalled voluntary markets coverage by hiring one of the longest serving environmental journalists on the beat and a world renowned expert in the role of forestry and other land uses in combatting climate change.

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Offset developer Aera sells minority stake to help fund expansion plans

Published 21:01 on March 2, 2021  /  Last updated at 21:01 on March 2, 2021  /  Africa, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

African offset developer Aera has sold a 35% stake to public-private infrastructure firm Arise, aiming to help fuel its expansion plans and tap Asian demand.

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VCM taskforce moves forward with working groups to inform core carbon principles

Published 18:00 on March 2, 2021  /  Last updated at 18:00 on March 2, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

A private sector voluntary carbon market (VCM) taskforce on Tuesday moved into the second phase of its development with three working groups and a ten-member advisory board to provide input on increasing the quality of voluntary emission reductions (VERs) and develop standard contracts and governance principles.

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Singapore companies target all of ASEAN for solar power CDM programme

Published 11:03 on March 2, 2021  /  Last updated at 11:56 on March 2, 2021  /  Asia Pacific, International, Kyoto Mechanisms, Other APAC, South Korea  /  No Comments

The UN has registered a Programme of Activities (PoA) under the Clean Development Mechanism (CDM), with the initiative’s two Singapore-based proponents aiming to generate carbon credits across the entire South East Asian region.

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Strong rebound risks cancelling out COVID-era emissions drop -IEA

Published 07:04 on March 2, 2021  /  Last updated at 10:04 on March 2, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

A strong China-led rebound from last year’s coronavirus restrictions pushed global energy-related CO2 emissions above historical levels towards the end of 2020, International Energy Agency (IEA) data showed Tuesday.

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VCM Report: VER prices resume bullish 2021 path as first GEO futures trade

Published 21:33 on March 1, 2021  /  Last updated at 21:56 on March 1, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emission reduction (VER) values trended higher this week as the first Global Emissions Offset (GEO) futures contracts transacted on Monday, while elevated interest in North American forestry and other project types provided a further boost.

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Nepal becomes 12th country to ink World Bank REDD agreement

Published 17:27 on March 1, 2021  /  Last updated at 22:19 on March 1, 2021  /  Asia Pacific, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Nepal has signed a deal with the World Bank-led Forest Carbon Partnership Facility (FCPF) to lower emissions from deforestation and forest degradation, the country announced Friday.

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World’s climate pledges falling far behind target, UN report shows

Published 13:00 on February 26, 2021  /  Last updated at 11:53 on February 26, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, UK ETS  /  No Comments

Despite some positive developments, nations’ pledges to beef up climate action fall far short of what is needed to limit global warming to 1.5C, a UN report showed on Friday.

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