Jurisdictional REDD+ standard updates, offers lifeline for World Bank forest programme participants
The Architecture for REDD+ Transactions (ART) has released version 3.0 of its jurisdictional REDD+ standard, adding a pathway for World Bank forest carbon programme participants to transition into the standard, it announced Thursday.
Read MoreLonger reference periods could improve reduced deforestation emissions estimates -study
Longer historical reference periods could improve confidence in estimating emissions reductions from reduced deforestation initiatives, according to new research.
Read MoreUS improved grazing project achieves ‘A’ rating
An American improved grazing project developer announced its second independent verification in June, furthering the success of this first-of-its-kind project in the US.
Read MoreLCAW26: Voluntary carbon coalition rebrands and launches fellowship
A coalition of academic institutions, non-profits, and private businesses has rebranded itself and launched a new fellowship programme to help scale high-integrity carbon markets, the group announced Tuesday.
Read MoreINTERVIEW: New standard body EE looks to revive REDD market with fresh approach
Few markets have faced as severe a reputational battering as the REDD+ avoided deforestation sector in the last couple of years, but new standard body Equitable Earth (EE) plans to restore faith in saving tropical forestry with a fresh approach that is already set to protect an area the size of Portugal, the chief executive told Carbon Pulse this week.
Read MoreLCAW26: Indonesia’s new carbon registry coming in two weeks -minister
Indonesia is set to launch its carbon credit registry in two weeks, as part of the country’s push to drive finance towards the protection of its vast forests, the country’s forestry minister confirmed during London Climate Action Week on Wednesday.
Read MoreDATA DIVE: Overall SBTi demand may top 1 bln in 2035, but questions remain over near term CDR prospects
Demand for both removals and reduction credits from companies taking part in a corporate target setting scheme could top 1 billion in 2035, according to forecasts based on a recent update to the programme’s rules.
Read MoreLCAW26: New mechanism to mitigate very long-term project risk launching this year
Mitigating reversal risk in carbon markets beyond the standard project life horizon will be possible with a new market-wide ‘Permanence Trust’ mechanism to be piloted later this year, said experts at London Climate Action Week.
Read MoreForeign entities capture key CDR project roles in Africa, Latin America -study
Organisations positioned to capture value from carbon removal (CDR) projects are often located outside the regions hosting those activities, according to a new analysis focusing on projects across Africa, Asia, and Latin America.
Read MoreLCAW26: Ministers look to scale forest financing ahead of COP31
Government officials set out their priority actions for scaling forest finance ahead of of November’s COP31, with a minister from Ghana sharing ambitions to ramp up forest financing “from millions to billions” during a London Climate Action Week event on Tuesday.
Read More