COMMENT: 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.
Read MoreCOMMENT: Behind the bears, we see plenty of bulls
Why I remain bullish on the verified carbon markets, writes Melissa Lindsay, founder of Emstream and Emsurge.
Read MoreCOMMENT: Along the curve – searching for value in the voluntary carbon market
Carbon market broker Matt Udberg of ICAP assesses trading patterns in the voluntary carbon market as a shift in volume from physical markets to futures brought an influx of new counterparties over 2022.
Read MoreCOMMENT: Preliminary results are in – good intentions for HFLD credits risk undermining climate change mitigation
ART/TREES and CORSIA must urgently restrict the use of HFLD credits to safeguard environmental integrity, argue several consultants critical of decisions by both bodies to enable HFLD credits to be used to offset fossil fuel emissions.
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