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VCM Report: VER prices tick up as supply shortage sustains

Published 22:47 on May 17, 2021  /  Last updated at 22:47 on May 17, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices bucked their recent downward trend this week as voluntary carbon market (VCM) participants continued to point to a lack of low-cost credits to satisfy demand.

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ECOSYSTEM MARKETPLACE – Shades of REDD+: ART, JNR or GCF… Which is Best for Countries?

Published 17:07 on May 14, 2021  /  Last updated at 17:07 on May 14, 2021  /  Africa, Americas, Asia Pacific, Conversations, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Carbon finance is growing and countries are faced with an array of choices—including whether to pursue projects, nesting or jurisdictional REDD+, which standards to use in doing so, and what finance opportunity to pursue.  The landscape can be a confusing array of options.  In this contribution to the Shades of REDD+ series, targeted for forest countries, we try to demystify three opportunities to capture finance for jurisdictional REDD+ performance.

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UK plans for in-person COP26 climate summit, explores COVID safeguards

Published 12:27 on May 14, 2021  /  Last updated at 21:13 on May 14, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The UK is planning on host the COP26 UN climate negotiations as an in-person summit in Glasgow in November and is considering various ways of ensuring protection against the coronavirus pandemic, the meeting’s president Alok Sharma said on Friday.

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Singapore prepares offset guidelines in voluntary carbon market push

Published 11:49 on May 11, 2021  /  Last updated at 11:49 on May 11, 2021  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

Singapore is developing a taxonomy and guidelines for carbon credits as part of its push to secure a role as a hub for the global voluntary offset market, a minister said Tuesday, a process that could include setting up a new exchange.

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VCM Report: VER values hold as cheap credit supply “dries up”

Published 23:03 on May 10, 2021  /  Last updated at 11:54 on May 11, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices remained steady this week even as traders observed a dwindling supply of low-cost offsets, while voluntary carbon market (VCM) participants pointed out heightened interest for ex-ante, forestry-based removals credits.

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Norway’s Yara targets $23/tonne for agriculture-based VERs in new global alliance

Published 19:14 on May 7, 2021  /  Last updated at 23:18 on May 7, 2021  /  Americas, Asia Pacific, EMEA, International, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

Norwegian fertiliser company Yara launched a new business on Friday aimed at generating voluntary emissions reductions (VERs) from farmlands worldwide at upwards of $20 per tonne, adding to the spate of agriculture-focused carbon programmes unveiled in the past year.

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Singapore, Japan ministers to steer Article 6 talks ahead of July meeting

Published 15:59 on May 7, 2021  /  Last updated at 21:19 on May 7, 2021  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, US, Voluntary Market  /  No Comments

Singapore and Japan will steer international emissions trade talks on the Paris Agreement’s Article 6 rulebook through a July ministerial-level meeting, according to Alok Sharma, President of the COP26 UN climate negotiations.

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Verra, Greenpeace square off over criticism of forest carbon credit methodologies

Published 23:14 on May 5, 2021  /  Last updated at 23:14 on May 5, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Standard-setting body Verra this week accused Greenpeace of misrepresenting its forest carbon offset methodologies and cherry-picking expert opinions to undermine the credibility of its REDD+ projects in two recent articles.

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New Paris climate pledges to help cut projected warming to 2.4C -scientists

Published 11:54 on May 4, 2021  /  Last updated at 11:54 on May 4, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, US  /  No Comments

The new climate pledges announced during April’s US-led climate summit are projected to put the world on track for global warming of 2.4C above pre-industrial levels, a report published Tuesday showed, reflecting a drop from 2.6C previously but still far off the Paris Agreement’s 1.5-2C goals.

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VCM Report: VER prices slide further, while corresponding adjustment guidance exerts few impacts

Published 23:04 on May 3, 2021  /  Last updated at 23:07 on May 3, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices trended down this week outside of nature-based offerings, while participants reported few direct pricing or liquidity impacts from Verra’s recent guidance to not require corresponding adjustments for voluntary carbon market (VCM) transfers.

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