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Platform offers 9 mln national-scale carbon units, bigger volumes loom

Published 23:20 on September 28, 2022  /  Last updated at 01:33 on September 29, 2022  /  Africa, Americas, Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, South & Central, Voluntary Market  /  No Comments

Some nine million national-scale deforestation reduction credits have again been made available to the voluntary carbon market this week, with initial buying limited but far greater potential volumes promised within weeks.

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Fungibility obstacles: whales, dolphins and other carbon credit attributes

Published 20:44 on September 28, 2022  /  Last updated at 20:44 on September 28, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, US, Voluntary Market  /  No Comments

Some carbon project developers care less about climate outcomes than they do about protecting nature or supporting vulnerable communities, a virtual event heard Wednesday – a stance that risks complicating fungibility for a market already struggling to simplify trading.

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Myanmar mangrove project completes initial planting

Published 19:01 on September 28, 2022  /  Last updated at 19:01 on September 28, 2022  /  Americas, Asia Pacific, Canada, Nature-based, Other APAC, Voluntary Market  /  No Comments

A blue carbon offset project in Myanmar has planted 1,500 hectares of mangrove forest to complete its first development stage, its backers said in an update on Wednesday.

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Rating agency awards two fresh grades, puts one more on watch

Published 18:34 on September 28, 2022  /  Last updated at 18:34 on September 28, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A carbon credit ratings agency has given a cookstove project in Nepal and a group of hydropower plants in China, both accredited by Verra, a reasonable chance of avoiding a tonne of CO2

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Coalition seeks to add to Core Carbon Principles, as another standard hits back

Published 17:40 on September 28, 2022  /  Last updated at 17:40 on September 28, 2022  /  Africa, Americas, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, South & Central, Voluntary Market  /  No Comments

The IC-VCM’s carbon credit standard-setting process should add more safeguards for host communities, ban oil firms from trading and offsetting the units while ensuring they are all correspondingly adjusted, a cross-stakeholder coalition said on Wednesday.

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New token seeks to tackle carbon, biodiversity

Published 11:49 on September 28, 2022  /  Last updated at 11:49 on September 28, 2022  /  EMEA, International, Nature-based, Voluntary Market  /  No Comments

A web3 company on Wednesday launched a new digital token that is backed by a combination of carbon emissions reductions and biodiversity gains.

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Climate Impact Partners bolsters voluntary carbon sourcing team with two more market experts

Published 23:29 on September 27, 2022  /  Last updated at 23:32 on September 27, 2022  /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Mexico, Nature-based, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon offset provider Climate Impact Partners has bolstered its sourcing team with two more market experts.

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Gold Standard endorses IC-VCM plan to improve carbon credit rigour, but seeks improvements

Published 22:58 on September 27, 2022  /  Last updated at 23:16 on September 27, 2022  /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Switzerland, Voluntary Market  /  No Comments

The work of the Integrity Council for the Voluntary Carbon Market (IC-VCM) is important for ensuring high standards in the VER space, Gold Standard said Tuesday in comments that separate the offset certifier from its largest competitor.

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Online trading platform for “high-quality” removal credits raises €5.5 mln in new funding

Published 21:54 on September 27, 2022  /  Last updated at 21:54 on September 27, 2022  /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, US, Voluntary Market  /  No Comments

A nascent digital MRV platform and marketplace for “high-quality” carbon removal credits has raised €5.5 million in new investor funding.

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US oil and gas producer achieves net zero emissions in 2021 via V2005 offsets

Published 21:00 on September 27, 2022  /  Last updated at 21:00 on September 27, 2022  /  Americas, International, US, Voluntary Market  /  No Comments

A Texas-based fossil fuel company achieved net zero Scope 1 emissions last year by retiring carbon credits dating back to the mid-2000s from Carbon Capture and Storage (CCS) projects used for Enhanced Oil Recovery (EOR), according to the company’s 2022 sustainability report released Monday.

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