COMMENT: Evolving climate science, carbon accounting, and the need to support urgent action
The ongoing need to evaluate and refine accounting methods, incorporating new data and new understanding, is not a fatal flaw in the AFOLU market, rather it is a natural and essential process so that market-based finance can be delivered more efficiently and urgently to fight climate change and conserve forests around the world, write David Shoch, Scott Settelmyer, and Rebecca Dickson, of TerraCarbon LLC.
Read MoreCOMMENT: How the voluntary carbon market can help decarbonize cement
As investment begins to pour into decarbonization technologies and innovative infrastructure projects sprout across the globe, the new energy economy faces a conundrum: carbon-intensive building materials. Project developers and sustainability consultants ClimeCo discuss how companies can use the voluntary carbon markets to help decarbonise their cement-related emissions.
Read MoreANNOUNCEMENT: Call for Expression of Interest to join the Climate Action Data Trust User Forum
Climate Action Data Trust is launching a Call for Expression of Interest to join the CAD Trust User Forum. We are looking for a variety of stakeholders across the carbon market value chain, from both the public and private sector. Applicants who meet the necessary criteria are encouraged to submit their interest online.
Read MoreCOMMENT: Voluntary carbon markets – still broken but signs of a breakthrough?
Voluntary carbon markets have come under fire in recent weeks with questions raised of the merits of a range of projects across the world. While the headlines are of course disappointing and knock confidence in the sector as a whole, the greater scrutiny is welcomed to ensure carbon credits deliver the climate impact they are designed to offer and to provide sufficient return on capital to carbon-reducing projects to stimulate more such projects, writes Louis Redshaw of Redshaw Advisors.
Read MoreCOMMENT: Six questions to resolve in order for carbon markets to deliver more for nature
Carbon markets can be an incredibly important tool to finance nature-based solutions at the scale required to be meaningful on a global scale, however, there are some serious questions which must be resolved as soon as possible if verified (not just voluntary) carbon markets are to deliver their full potential for nature, writes Ed Hewitt of Respira.
Read MoreCOMMENT: One Planet, One Paris Agreement, One Carbon Standard and Accounting System
Concerns over the quality of carbon credits from Verra’s forestry projects are making headlines again, calling into question the validity of REDD+. This is a shame since ending deforestation is key to achieving a 1.5C world. But there is a solution, the UNFCCC REDD+ mechanism, write Kevin Conrad and Federica Bietta of the Coalition for Rainforest Nations (CfRN).
Read MoreCOMMENT: Best foot forward – starting on the road to scaling carbon removals
Understanding the scalability of different carbon removal methods is a crucial first step on this journey towards achieving the billions of tonnes of removals a year needed to meet international climate targets, write Ted Christie-Miller and Victoria Harvey of BeZero Carbon.
Read MoreCOMMENT: Tropical forest conservation is tricky to measure, but we’re running out of time
Recent claims around the effectiveness of rainforest carbon credits are being hotly debated right now. And rightly so. Companies have reportedly paid over $1 billion for these credits, and they are being used to offset ‘real’ emissions. So, if they’re not genuine, that’s a massive problem for climate action, warns Edward Mitchard of mapping provider Space Intelligence.
Read MoreCOMMENT: Know your market – building trust to scale the global carbon markets
The voluntary carbon markets needs to continue developing the necessary infrastructure to increase the supply of credible projects and incentivise market participation, writes Robin Green of Carbonplace.
Read MoreSPONSORED: Post-COP27, Carbon Markets Turn Focus to Pricing -CME Group
Following COP27, carbon markets are focused on a pricing benchmark. CME Group GEO futures are seeing increased interest as a tool to manage carbon pricing risk.
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