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Swiss initiative taps trading firms to steer growth in climate neutral commodities

Published 09:46 on February 22, 2021  /  Last updated at 18:34 on February 22, 2021  /  Americas, Asia Pacific, EMEA, International, REDD, Switzerland, Voluntary Market  /  No Comments

A Swiss non-profit is developing a method for standardising climate neutral commodity transactions, attracting interest from major trading houses keen to align with the Paris Agreement.

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COMMENT: We’re still in – let’s align the voluntary carbon market with Paris rather than play by our own rules

Published 15:16 on February 19, 2021  /  Last updated at 16:08 on February 19, 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

Corresponding adjustments will be needed in the future whenever a carbon credit is used to offset emissions, to help ensure the promise is kept that the atmosphere is no worse off, argues Hugh Salway of voluntary carbon market certifier Gold Standard,

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Gold Standard to mandate corresponding adjustments by 2025 in Paris-era offset trade plans

Published 23:08 on February 18, 2021  /  Last updated at 23:08 on February 18, 2021  /  International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Voluntary carbon market certifier Gold Standard has proposed a phased timeline that would mean all its offsets will require corresponding adjustments by 2025, as well as setting tighter requirements for transitioning projects.

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Offset developer ecosecurities tilts to forestry as market shifts toward removals

Published 14:42 on February 16, 2021  /  Last updated at 18:12 on February 16, 2021  /  Americas, Asia Pacific, Bavardage, EMEA, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Carbon offset project developer ecosecurities will focus on nature-based activities after years of pursuing varied approaches, and is considering teaming up with major producers to develop initiatives at scale.

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VCM Report: Offset prices nudge higher, while Shell ramps up retirements

Published 21:46 on February 15, 2021  /  Last updated at 14:07 on February 22, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon market (VCM) prices gained slightly this week on continued strong volume, as oil major Shell retired several million offsets just before announcing its strategy to reach net zero emissions through markedly higher carbon credit usage.

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Shell outlines net zero emissions plans involving ramped up offset, CCS use

Published 19:25 on February 11, 2021  /  Last updated at 08:43 on February 13, 2021  /  Americas, Asia Pacific, EMEA, International, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Oil major Shell set out plans on Thursday to significantly scale up its demand for nature-based carbon credits and CCS as part of its rising climate ambition over the next 15 years.

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Financial software firm invests in emissions exchange AirCarbon

Published 19:16 on February 11, 2021  /  Last updated at 19:16 on February 11, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Canada, International, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Canadian financial software company Abaxx Technologies has agreed to invest in blockchain-based venture AirCarbon, with the potential to scale up the partnership further when the Singapore-based emissions platform develops a regulated futures market, the companies announced Thursday.

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Madagascar notches World Bank REDD deal

Published 21:15 on February 9, 2021  /  Last updated at 21:15 on February 9, 2021  /  Africa, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, REDD, US, Voluntary Market  /  No Comments

Madagascar signed an agreement last week with the World Bank-led Forest Carbon Partnership Facility (FCPF) to reduce emissions from deforestation and forest degradation, becoming the eleventh country to ink a REDD deal with the fund.

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Indonesian projects take the spoils as SE Asian offset market grows -report

Published 09:44 on February 9, 2021  /  Last updated at 20:15 on February 9, 2021  /  Asia Pacific, International, Other APAC, REDD, Voluntary Market  /  No Comments

The cumulative value of Southeast Asia-generated carbon credits surpassed $100 million last year, according to a report released this week, with projects in Indonesia securing around four-fifths of the total for their avoided deforestation efforts.

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VCM Report: Offset prices surge on heightened CORSIA credit interest

Published 23:02 on February 8, 2021  /  Last updated at 23:31 on February 8, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) values soared this week as more participants expressed interest in CORSIA-eligible credits following private sector efforts to scale up and standardise the voluntary carbon market (VCM).

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