Danish foundation pledges $1 mln to develop ocean impact metrics for finance
Denmark-based Velux Foundation has allocated $1 million to a newly launched programme aimed at developing metrics to support financial institutions in measuring their impacts and dependencies on oceans, Carbon Pulse has learned.
Read MoreVCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival
Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.
Read MoreSwitzerland’s biggest asset managers support business activities harmful to nature, Greenpeace says
Some of the largest asset managers operating in Switzerland including BlackRock have failed to take action in resolutions at companies on biodiversity loss and climate issues, a Greenpeace Switzerland report has said.
Read MoreVCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
Read MoreVCM Report: Voluntary carbon buyers sitting on sidelines despite high levels of credit retirements
Prices failed to budge, liquidity was thin last week, and there was a mix of opinion about the direction of the voluntary carbon market, with sources reporting a flood of new offers posted while others noted the cupboard was starting to run bare of good quality.
Read MoreVoluntary carbon credit retirements maintain pace in February, on track to reach 233 mln this year
Retirements of credits from the four largest voluntary carbon registries reached nearly 18 million last month, maintaining the momentum seen in January, data from the Carbon Pulse VCM Portal shows.
Read MoreSwitzerland and Ghana authorise first ITMOs from cookstove carbon project
Switzerland and Ghana have authorised the first sovereign carbon credits from a cookstoves project, meaning that once issued and transacted, they can be used towards the European country’s national Paris Agreement climate target.
Read MoreICVCM revises down number of voluntary carbon credit methodologies assessed for integrity stamp, but promises quick turnaround
Nearly all the assessements of voluntary carbon market methodologies currently under review for the Core Carbon Principles (CCPs) stamp of high integrity, accounting for some 850 million credits, will be concluded by the end of September, the Integrity Council for Voluntary Carbon Markets (ICVCM) told Carbon Pulse on Thursday.
Read MoreFEATURE: UK-EU ETS linkage needed to avert crisis in Northern Ireland despite carbon border tariff, but potential for WTO challenge remains
The UK must make overtures to link its ETS to the EU’s emissions market in order to avoid substantial carbon tariff burdens in Northern Ireland, though ‘non-discrimination’ challenges could apply under World Trade Organisation (WTO) rules regardless, experts have told Carbon Pulse.
Read MoreVCM Report: Second oil major makes a splash in retirement of voluntary carbon credits
A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.
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