Swiss initiative proposes blueprint for climate neutral commodity trade
A Swiss non-profit has developed a method for standardising climate neutral commodity transactions, including setting vintage limits for the seven eligible offset standards.
Read MorePrivate sector offset taskforce sets out additional attributes for voluntary carbon trade
The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) released its next consultation for dramatically increasing voluntary emissions reduction (VER) trading on Friday, setting out the first five additional attributes to differentiate between credits and establishing the structure of a governance body to further define ‘core carbon principles’.
Read MoreCOMMENT: Offsetting 2.0 – how ratings can help avoid a race to the bottom
In order to avoid fungibility becoming a race to the bottom, the voluntary carbon market needs tools that recognise the variation in carbon returns and enables the creation of products that capture this variation, according to Sebastien Cross of BeZero Carbon.
Read MoreCOMMENT: Let’s remove ONLY what we can’t avoid
While carbon removals will play a role in mitigating climate change, we cannot afford to take our focus away from the urgent objective of avoiding emitting in the first place, write Sarah Leugers and Owen Hewlett of Gold Standard.
Read MoreCOMMENT: Financing carbon dioxide removals – what role for ETS in the race to net zero?
Carbon pricing and specifically emissions trading systems can play an important role in incentivising removals necessary for achieving Paris Agreement emissions targets, according to the ICAP Secretariat.
Read MoreVCM Report: VER prices tick up as supply shortage sustains
Voluntary emissions reduction (VER) prices bucked their recent downward trend this week as voluntary carbon market (VCM) participants continued to point to a lack of low-cost credits to satisfy demand.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: ART, JNR or GCF… Which is Best for Countries?
Carbon finance is growing and countries are faced with an array of choices—including whether to pursue projects, nesting or jurisdictional REDD+, which standards to use in doing so, and what finance opportunity to pursue. The landscape can be a confusing array of options. In this contribution to the Shades of REDD+ series, targeted for forest countries, we try to demystify three opportunities to capture finance for jurisdictional REDD+ performance.
Read MoreUK plans for in-person COP26 climate summit, explores COVID safeguards
The UK is planning on host the COP26 UN climate negotiations as an in-person summit in Glasgow in November and is considering various ways of ensuring protection against the coronavirus pandemic, the meeting’s president Alok Sharma said on Friday.
Read MoreStartup raises $7.8 mln for nature-based offset ratings service
Startup firm Sylvera has raised $7.8 million to expand its voluntary carbon offset ratings business, with early assessments judging that many nature-based projects fall short of their promised emissions cuts.
Read MoreKenya “at an advanced stage” in setting up national carbon market -govt official
The Kenyan government is “at an advanced stage” in establishing a national emissions trading system, a government official said Tuesday.
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