COMMENT: ‘Hamlet’ and the Tragedy of Climate Change
Shakespeare’s “Hamlet,” written centuries before the first IPCC report, serves as a timely caution, writes Andurand Capital Management’s Mark Lewis, likening Hamlet’s tragic procrastination to the world’s current delay in addressing the record-breaking greenhouse gas emissions that are propelling us towards climate catastrophe.
Read MoreECOSYSTEM MARKETPLACE: Companies and Carbon Credits: From Anecdote to Evidence
The SBTi’s recent announcement about offset use against Scope 3 emissions was a significant milestone for the VCM, but it is already rekindling the debate between market proponents and critics. What does the evidence regarding carbon credits say, and why does this matter for nature?
Read MoreREQUEST FOR PROPOSALS: Carbon Project Development Services – Blue Carbon
Blue Carbon’s primary aim is to develop “Mitigation Outcomes” that are transferable as ITMOs through the mechanisms provided by Article 6 of the Paris Agreement. This includes both an Article 6.2 and 6.4 approach, as deemed appropriate. Having signed several exploratory MOUs and agreements with countries particularly across Africa, Blue Carbon is seeking PDD development services that will support project development.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: Two clashing visions for Article 6
To get bridge controversies around Article 6 it may be worth to take a step back and evaluate the different expectations for an effective role of carbon markets that nourish the clashing positions. Is the priority controlling all aspects of the implementation of Article 6 or to enable countries to define the rules that enable large-scale investments into mitigation?
Read MoreCOMMENT: Six key questions the carbon market needs to resolve to deliver for nature – one year on
Twelve months ago, Respira’s Ed Hewitt posed six questions for the carbon market to resolve so it could deliver more for nature. How did these matters progress in 2023? And what’s the outlook for 2024 and beyond? Hewitt revisits the questions he asked and gives a status update for each.
Read MoreCOMMENT: No climate justice without carbon credits
Climate Action Reserve President Craig Ebert provides a response to what he calls “the misguided focus on low-quality credits and the elusive supply chain mitigation”.
Read MoreCOMMENT: Out with the bad, in with the good carbon market
The voluntary carbon market faced strong headwinds in 2023 – a reckoning due to carbon credit quality problems. The silver lining that could arrive in 2024: A market correction that can support a new VCM 2.0, rebuilding a market that is good for the planet and for people, writes Donna Lee of Calyx Global.
Read MoreECOSYSTEM MARKETPLACE: REDD can be high quality – Here’s how
Experts discuss the challenges and potential reforms in using REDD as a credible option for offsetting emissions, emphasising the need for high-integrity credits and improved methodologies to ensure environmental and social integrity while addressing criticisms and safeguarding Indigenous Peoples and local communities.
Read MoreCOMMENT: The Voluntary Carbon Market is Reawakening – Let’s Make 2024 A Year of Action
This year, the American Forest Foundation attended its second Conference of Parties, COP28, held in Dubai. While many things came out of COP28, and perhaps even more hoped-for things did NOT come out of COP28, one incredibly important outcome concerned the voluntary carbon market’s role in the global struggle against climate change.
Read MoreCOMMENT: Paris Agreement forest carbon transactions should follow tropical forest credit integrity guidance
In the context of increasing reports of forest carbon-related cooperative approaches under Article 6 of the Paris Agreement, Parties should apply strive to ensure that all credits transacted are of the highest quality by applying guidance developed by leading environmental and Indigenous organisations, writes the Wildlife Conservation Society and other groups.
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