European renewables expert joins IncubEx from South Pole
Environmental markets platform IncubEx has hired a new director to further develop its European carbon and renewables certificates offerings.
Read MoreVerra, Greenpeace square off over criticism of forest carbon credit methodologies
Standard-setting body Verra this week accused Greenpeace of misrepresenting its forest carbon offset methodologies and cherry-picking expert opinions to undermine the credibility of its REDD+ projects in two recent articles.
Read MoreCOMMENT: Assessing co-benefits in the voluntary carbon market
The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) has collectively arrived at a solution for what ‘co-benefits’ should count as part of a carbon credit. It believes this will help maintain quality in the market, increase transparency and also create a mechanism to develop an appropriate pricing benchmark for these ‘co-benefits’, according to Chris Leeds of Standard Chartered.
Read MoreUS HFC rule could impact voluntary offset projects, narrow future compliance protocol expansion
The US EPA’s proposed regulation to reduce high-global warming potential HFCs could impact voluntary offset initiatives in the short term, as well as limit expansion options for California regulator ARB’s ozone-depleting substance (ODS) protocol, market participants said.
Read MoreClimateCare, Natural Capital Partners merge as voluntary market deals gather pace
ClimateCare and Natural Capital Partners have merged to help build global scale in the rapidly expanding voluntary carbon market.
Read MoreIncubEx fundraise values environmental markets platform at $161 mln ahead of London IPO
Environmental markets platform IncubEx has raised $11.7 million in its latest fundraising round, valuing the company at $161 mln ahead of an expected IPO in London later this year.
Read MoreCN Markets: CCER volumes nearly double in April as net zero drives demand for China’s cheapest, oldest credits
The number of carbon offsets traded in China in April nearly doubled month-on-month as an increasing number of companies seek to achieve carbon neutrality, while pilot cap-and-trade schemes remained quiet with Chongqing and Guangdong the notable exceptions.
Read MoreSouth Pole buys Belgian climate consultancy CO2logic
South Pole has bought Belgium-based climate consultancy CO2logic, its first acquisition since last month’s €20 million-plus fund investment put it on a major growth track.
Read MoreVCM Report: VER prices slide further, while corresponding adjustment guidance exerts few impacts
Voluntary emissions reduction (VER) prices trended down this week outside of nature-based offerings, while participants reported few direct pricing or liquidity impacts from Verra’s recent guidance to not require corresponding adjustments for voluntary carbon market (VCM) transfers.
Read MoreColombian carbon tax reform package halted amid protests
Colombian President Ivan Duque Marquez asked Congress to withdraw a tax reform package on Sunday that included a revision to the country’s roughly $5/tonne CO2 levy after protests against other aspects of the proposal left several dead.
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