Loose SDG claims could leave offset buyers duped, warns report
A lack of standardisation in framing Sustainable Development Goals (SDG) could leave buyers of offsets duped over the social, environment and economic benefits of a project in the voluntary carbon market (VCM), according to a report published on Thursday.
Read MoreGovernments to gather at COP27 to steer forest funding via new partnership
Moves are underway to cement a collective pledge by 141 countries to arrest and reverse deforestation by 2030 into a cohesive partnership at November’s COP27 UN climate conference in Sharm el-Sheikh that includes cooperation on carbon markets.
Read MoreClean hydrogen project pipeline rising but investment needs to triple by 2030 for net zero alignment -report
The number of global hydrogen projects in the pipeline has reached a new high of 680, reflecting investment of $240 billion, but investment proposals will need to reach to $700 bln by 2030 if low carbon hydrogen is to align with a net zero emissions by 2050 pathway, an industry report has said.
Read MoreVCM analytics firm signs deals with brokers to boost customer offering
A voluntary carbon market (VCM) analytics firm has signed deals to supply its project and offset valuation data to several inter-dealer brokers to help its clients gain better access to the market.
Read MoreCompliance markets struggle to influence pace of emissions abatement -report
Compliance carbon markets have only had mixed success in reducing emissions, as insufficient price levels, uncertainty over cap-setting, and loopholes mitigate their effectiveness, according to a report released Tuesday.
Read MoreVCM Report: Dearth of fresh issuance lifts nature-based offsets, but liquidity still thin
A dearth of REDD recent-vintage issuance coupled with news of a slight year-on-year increase in offset retirement levels helped push up nature offset prices over the week, although liquidity remained thin.
Read MoreSupervisory Body narrows down fee levels for UN carbon credit mechanism
The appointed body overseeing the UN’s new carbon crediting mechanism began its second-ever meeting on Monday, with limited time remaining to shape recommendations before the Egypt COP27 UN climate talks this November, including on fee levels related to project registration and credit issuance.
Read MoreREDD developer seeks new revenue share model amid expansion
A REDD forestry project developer is negotiating a new revenue share model from offset sales in the Democratic Republic of Congo (DRC), at a time when heightened prices are helping to spur booming activity.
Read MoreCarbon credit public metadata project prepares for October launch
Infrastructure that aims to compile and standardise information from the world’s fragmented carbon markets will launch to the public next month, with partners and founders at the World Bank Group providing more details on how the metadata platform will operate and help scale the market.
Read MoreCLARIFICATION – KlimaDAO acts to destroy controversial credits in BCT pool
Crypto carbon group KlimaDAO has finally rid the market of more than 670,000 remaining carbon credit tokens from a Chinese HFC-23 project that were bought onto blockchain last year, acting alone after fellow tech firm Toucan Protocol declined to join in.
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