VCM Report: VER prices tick up as supply shortage sustains
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.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: ART, JNR or GCF… Which is Best for Countries?
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.
Read MoreUK plans for in-person COP26 climate summit, explores COVID safeguards
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.
Read MoreSingapore prepares offset guidelines in voluntary carbon market push
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.
Read MoreVCM Report: VER values hold as cheap credit supply “dries up”
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.
Read MoreNorway’s Yara targets $23/tonne for agriculture-based VERs in new global alliance
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.
Read MoreSingapore, Japan ministers to steer Article 6 talks ahead of July meeting
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.
Read MoreVerra, Greenpeace square off over criticism of forest carbon credit methodologies
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.
Read MoreNew Paris climate pledges to help cut projected warming to 2.4C -scientists
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.
Read MoreVCM Report: VER prices slide further, while corresponding adjustment guidance exerts few impacts
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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