INTERVIEW – Making the grade: London-based startup launches carbon offset ratings service
The flourishing global voluntary carbon market is about to achieve another ‘coming of age’ milestone: its own fixed income-style ratings system.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: The Risk of Diverting Carbon Finance from Nature to Technological Carbon Removals
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?
Read MoreCommodities trader Trafigura opens carbon trading desk as it delves into global offset market
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.
Read MoreREDD.plus executes first private-sector sale of national-level credits in test of UNFCCC as carbon standard
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.
Read MorePrivate fund seeks $1 billion to support conservation and net zero claims
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.
Read MoreResearchers propose solution for voluntary carbon market’s Paris conundrum
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.
Read MoreJapan’s Toho Gas joins ‘carbon neutral’ LNG rush
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.
Read MoreShell invests $90 mln in nature-based activities over past year
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.
Read MoreTwo US men sentenced in carbon credit investor fraud scheme
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.
Read MoreUPDATE – VCM Report: VER issuances and retirements grow in first quarter of 2021
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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