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INTERVIEW – Making the grade: London-based startup launches carbon offset ratings service

Published 11:51 on April 12, 2021  /  Last updated at 11:53 on April 12, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The flourishing global voluntary carbon market is about to achieve another ‘coming of age’ milestone: its own fixed income-style ratings system.

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ECOSYSTEM MARKETPLACE – Shades of REDD+: The Risk of Diverting Carbon Finance from Nature to Technological Carbon Removals

Published 19:30 on April 9, 2021  /  Last updated at 19:40 on April 9, 2021  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Increasingly, engineered carbon removal technologies are pitched against nature-based solutions to tackle the climate crisis – particularly in the voluntary carbon markets. Will forests be passed over to benefit from carbon finance – again?

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Commodities trader Trafigura opens carbon trading desk as it delves into global offset market

Published 14:43 on April 9, 2021  /  Last updated at 14:43 on April 9, 2021  /  Americas, Asia Pacific, Bavardage, EMEA, EU ETS, International, Other APAC, Shipping, Switzerland, US, Voluntary Market  /  No Comments

Commodities trader Trafigura has formally opened a carbon trading desk, the Singapore-headquartered firm announced Friday, as it ventures into the growing global offset market.

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REDD.plus executes first private-sector sale of national-level credits in test of UNFCCC as carbon standard

Published 00:00 on April 9, 2021  /  Last updated at 23:06 on April 12, 2021  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The REDD.plus trading platform has executed the first-ever purchase by a private sector buyer of jurisdictional-scale deforestation reduction credits, serving as a key test for national-level carbon offsets generated under the UN climate agency.

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Private fund seeks $1 billion to support conservation and net zero claims

Published 18:44 on April 8, 2021  /  Last updated at 23:16 on April 8, 2021  /  Americas, Asia Pacific, Canada, China, EMEA, International, US, Voluntary Market  /  No Comments

A new private fund backed by several multinational consumer goods firms aims to raise more than $1 billion this year for performance-based forest conservation, using methodologies developed in carbon markets to offset impacts from agriculture and to cultivate carbon sinks for net zero claims. 

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Researchers propose solution for voluntary carbon market’s Paris conundrum

Published 14:48 on April 8, 2021  /  Last updated at 14:53 on April 9, 2021  /  Asia Pacific, International, New Zealand, Voluntary Market  /  No Comments

A two-track system for carbon offsetting both within and beyond nations’ Paris Agreement obligations could cut through the ongoing debate on whether to demand corresponding adjustments from host nations or restrict voluntary market activities to non-NDC sectors, according to a recent report.

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Japan’s Toho Gas joins ‘carbon neutral’ LNG rush

Published 10:37 on April 8, 2021  /  Last updated at 10:37 on April 8, 2021  /  Asia Pacific, International, Japan, Voluntary Market  /  No Comments

Japan’s Toho Gas on Thursday became the latest Asian energy firm to bundle an LNG shipment with carbon credits, saying it will continue to do so in the future.

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Shell invests $90 mln in nature-based activities over past year

Published 19:51 on April 7, 2021  /  Last updated at 22:37 on April 7, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, REDD, Voluntary Market  /  No Comments

Oil major Shell invested around $90 million in nature-based carbon mitigation activities over 2020, ramping up financing to help meet a pre-pandemic pledge to allocate $300 mln over three years.

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Two US men sentenced in carbon credit investor fraud scheme

Published 17:43 on April 7, 2021  /  Last updated at 17:43 on April 7, 2021  /  Americas, Bavardage, Canada, International, US, Voluntary Market  /  No Comments

A US federal judge sentenced on Tuesday two Georgia men that orchestrated a WCI-linked carbon credit scandal, defrauding individuals from more than $1 million in the process.

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UPDATE – VCM Report: VER issuances and retirements grow in first quarter of 2021

Published 23:37 on April 5, 2021  /  Last updated at 14:10 on April 6, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emission reduction (VER) prices largely continued their downward or stagnant trend this week on lower activity, even as data showed voluntary carbon market (VCM) issuances and retirements surged in the first quarter of the year compared to 2020.

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