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FEATURE: Climate finance, not offsets, increasingly seen as a nature-based solution as critics persist

Published 19:38 on December 3, 2021  /  Last updated at 19:38 on December 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Middle East, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US  /  No Comments

With nature-based credits valued at a growing price premium to other types of carbon offsets, scrutiny over the process is also on the rise, with even forest protection standards that are said to be raising the bar on quality finding criticism for lacking environmental integrity.

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ANALYSIS: The carbon market’s uneasy relationship with crypto

Published 14:46 on December 3, 2021  /  Last updated at 14:46 on December 3, 2021  /  Americas, Asia Pacific, EMEA, International, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The sudden emergence of Klima DAO and increasing interest in the carbon market from the crypto community has created some excitement over the opportunities for climate finance, but is also generating concern over legal and environmental integrity issues.

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Uncertain legal nature of voluntary carbon credits holding back market -financial trade body

Published 21:55 on December 2, 2021  /  Last updated at 23:26 on December 2, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The fast-growing market for voluntary carbon credits would be bolstered by the further development of derivatives trading, but several key legal issues including the uncertain legal nature of offsets need to first be addressed, a major financial industry trade association has said.

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Crypto outfit sells single voluntary carbon credit for $70,000

Published 16:08 on December 1, 2021  /  Last updated at 12:07 on December 2, 2021  /  Asia Pacific, EMEA, International, Other APAC, REDD, Voluntary Market  /  No Comments

A UK-based crypto currency venture has sold a single carbon credit for $70,000 without stating where the unit came from, a price astronomically higher than what units fetch in the voluntary carbon market.

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UN aviation body rejects latest offsetter applicants under CORSIA

Published 16:10 on November 30, 2021  /  Last updated at 21:03 on November 30, 2021  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO’s Council has rejected all three of this year’s applications for eligibility under its CORSIA carbon offsetting scheme, declining to add the land-based initiatives to the seven programmes approved to date to provide airlines with a supply of carbon credits.

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VCM Report: VER price hike slows near record levels amid post-COP lull

Published 19:24 on November 29, 2021  /  Last updated at 00:21 on November 30, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices edged to new heights in some standardised contracts this week, while others slipped back amid subdued holiday-interrupted trade following the COP26 UN climate talks earlier in the month.

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ANALYSIS: Switzerland touts model for international emissions trade, voluntary market

Published 18:00 on November 25, 2021  /  Last updated at 14:58 on November 29, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland sealed its fifth and sixth bilateral crediting agreements on the sidelines of the Glasgow UN climate talks this month, touting the deals as a model of Paris Agreement-era emissions trade for countries as well as for companies in the voluntary carbon market.

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VCM Report: VERs ride COP26, crypto wave to new all-time highs

Published 22:01 on November 22, 2021  /  Last updated at 00:09 on November 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, 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 emissions reduction (VER) values on the over-the-counter and exchange-traded markets extended their year-long bull run this week, with voluntary carbon market (VCM) participants citing optimistic outlooks following the COP26 UN climate summit and blockchain ventures in driving up prices.

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Xpansiv taps second CME veteran for carbon market role

Published 18:43 on November 22, 2021  /  Last updated at 01:58 on November 24, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

A senior employee at CME Group has taken on a carbon markets role at Xpansiv, marking the latest recent hire to depart the US-based exchange for the ESG commodities trading platform.

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ANALYSIS: REDD faces longer road to Paris era crediting after Glasgow talks setback

Published 22:08 on November 19, 2021  /  Last updated at 22:09 on November 19, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Efforts to develop REDD+ forest protection carbon credits in the Paris Agreement era risk a long road ahead, as divisive views marked the Glasgow COP26 climate summit.

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