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US carrier Delta to purchase 13 mln carbon offsets for 2020 emissions

Published 23:05 on March 4, 2021  /  Last updated at 23:05 on March 4, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, International, REDD, US, Voluntary Market  /  No Comments

Delta Air Lines announced plans on Thursday to spend more than $30 million on voluntary emissions reductions (VERs) to offset its GHG output last year, with the company slated to include forestry projects that reduce, avoid, and remove emissions in its portfolio.

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Verra sets out emissions baseline changes for multi-level REDD frameworks

Published 22:55 on March 4, 2021  /  Last updated at 22:55 on March 4, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Offset standard developer and manager Verra announced plans on Thursday to revise the methods for setting reference levels under its VCS project-level and Jurisdictional and Nested REDD+ (JNR) programmes, aiming to streamline emissions accounting and incorporate scientific best practices.

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COMMENT: New claims for a new era of private sector carbon finance   

Published 13:26 on March 3, 2021  /  Last updated at 13:26 on March 3, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

The voluntary carbon market can build a common understanding for a new financing claim beyond offsetting that represents the same commitment of taking responsibility for unabated emissions by mitigating carbon beyond boundaries, writes Sarah Leugers of Gold Standard.

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Carbon Pulse strengthens unrivalled voluntary markets coverage with expert ‘Net Zero’ hire

Published 11:00 on March 3, 2021  /  Last updated at 11:21 on March 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

(Free read) – Carbon Pulse has significantly strengthened its unrivalled voluntary markets coverage by hiring one of the longest serving environmental journalists on the beat and a world renowned expert in the role of forestry and other land uses in combatting climate change.

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Offset developer Aera sells minority stake to help fund expansion plans

Published 21:01 on March 2, 2021  /  Last updated at 21:01 on March 2, 2021  /  Africa, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

African offset developer Aera has sold a 35% stake to public-private infrastructure firm Arise, aiming to help fuel its expansion plans and tap Asian demand.

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VCM taskforce moves forward with working groups to inform core carbon principles

Published 18:00 on March 2, 2021  /  Last updated at 18:00 on March 2, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

A private sector voluntary carbon market (VCM) taskforce on Tuesday moved into the second phase of its development with three working groups and a ten-member advisory board to provide input on increasing the quality of voluntary emission reductions (VERs) and develop standard contracts and governance principles.

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VCM Report: VER prices resume bullish 2021 path as first GEO futures trade

Published 21:33 on March 1, 2021  /  Last updated at 21:56 on March 1, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emission reduction (VER) values trended higher this week as the first Global Emissions Offset (GEO) futures contracts transacted on Monday, while elevated interest in North American forestry and other project types provided a further boost.

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Nepal becomes 12th country to ink World Bank REDD agreement

Published 17:27 on March 1, 2021  /  Last updated at 22:19 on March 1, 2021  /  Asia Pacific, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Nepal has signed a deal with the World Bank-led Forest Carbon Partnership Facility (FCPF) to lower emissions from deforestation and forest degradation, the country announced Friday.

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Quebec organisation launches impact investment fund for forest carbon credits

Published 19:02 on February 23, 2021  /  Last updated at 19:02 on February 23, 2021  /  Americas, Canada, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Ecosystem restoration organisation Viridis Terra International launched a sustainable impact investment fund on Tuesday, targeting a 7% average annualised return on its initial batch of Peruvian forestry projects that will generate carbon credits and sustainable commodities.

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VCM Report: Market participants eye voluntary demand for California offsets

Published 20:26 on February 22, 2021  /  Last updated at 20:26 on February 22, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) values remained firm this week on persistent demand, while traders and project developers assessed whether more California compliance offset projects may seek higher values in the voluntary carbon market (VCM) going forward. 

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