Experts fear carbon finance stand-off amid vague UN Article 6 guidance
Investments in carbon-cutting projects worldwide risk being delayed amid a lack of guidance on how countries should adjust for carbon credits generated on their territories, experts told an online...
View ArticleCanada-based carbon credit fund seeks US Nasdaq listing
A Canadian-based carbon credit investment vehicle is seeking a listing on the US Nasdaq stock market, it announced Wednesday.
View ArticleUkraine crisis to weigh on VER prices as buyers step back -traders
Voluntary emissions reduction (VER) prices are likely to come under pressure as buyers step away from the market amid huge uncertainties thrown up by Russia’s invasion of Ukraine, an online panel heard...
View ArticleSouth Africa extends first carbon tax phase while increasing future price...
South Africa has extended the first phase of its carbon tax regime, prolonging the availability of transitional support measures while accelerating future raises in the levy and increasing offset usage...
View ArticleCalifornia regulator ARB’s carbon market chief departing for global forest group
The long-time head of California’s WCI-linked cap-and-trade programme will leave the government next week for a position with an international task force aiming to protect forests via jurisdictional...
View ArticleVCM Report: VERs continue slide as Ukraine crisis compounds already-weak market
Voluntary emissions reduction (VER) prices on standardised, exchange-traded contracts continued to slump this week, with nature-tech and tech-based units extending multi-month lows, as an already-weak...
View ArticleCarbon loss from deforestation estimated to have doubled over the last two...
The annual level of carbon loss caused by the conversion of tropical forests to other land uses, such as agriculture, has doubled over the last 20 years, highlighting the need to implement strategies...
View ArticleCanada-based VER investor signs deal targeting 70 mln blue carbon offsets
A Canadian alternative ESG investor announced a streaming agreement with a mangrove restoration developer on Tuesday that could generate over 70 million voluntary emissions reductions (VERs) over the...
View ArticleUS forestry VER marketplace closes $50 mln capital raise as it targets...
A San Francisco-based climate tech company on Wednesday announced a $50 mln fundraise that will grow its forestry-based voluntary emissions reduction (VER) marketplace, though the firm has drawn...
View ArticleTwo Canadian-based offset investor firms make personnel, share-listing moves
The director of business development at ClimateCare/Natural Capital Partners has left to join a Toronto-headquartered carbon credit investment vehicle, while another Canadian-based offset investor will...
View ArticleCanada-based VCM investor taps former UNEP chief, Trump administration lawyer
A Canadian alternative ESG investor financing carbon projects has hired as strategic advisors the controversial former head of the UN Environment Programme and a lawyer who served multiple US...
View ArticleUS envoy Kerry urges major emitters to scale up shorter-term climate effort
Major emitters such as China, India, and Mexico need to sharpen their 2030 climate pledges ahead of longer-term efforts, US climate envoy told a conference on Monday, flagging prospects for a further...
View ArticleVCM Report: Exchange-traded VER prices extend downfall, while OTC market...
Standardised, exchange-traded voluntary emissions reduction (VER) prices continued to plough multi-month lows this week amid a bearish trend in global carbon and equities markets, while voluntary...
View ArticleBig oil climate group “strives” for zero methane emissions by 2030
An oil and gas industry body representing the world’s largest oil companies on climate policy launched on Tuesday an initiative to eliminate its members' methane emissions by 2030.
View ArticleCoal powers global CO2 output to highest recorded level during 2021 –IEA
Global CO2 emissions spiked by 6% year-on-year to hit 36.3 billion tonnes in 2021 and record the highest ever annual total, as coal and gas consumption ramped up to meet rebounding global economic...
View Article“Major hurdles” remain in way of international carbon price floor
The global CO2 price floor set out by the International Monetary Fund (IMF) last year would need to overcome several key obstacles such as scalability and international consensus before implementation,...
View ArticleCOP27 host Egypt eyes closer links with US energy majors
Egypt is forging closer ties with US energy majors Chevron and ExxonMobil ahead of its November hosting of COP27 UN climate negotiations, the nation’s energy minister told a conference on Wednesday...
View ArticleMicrosoft laments high-quality carbon removal issues in 1.5 Mt procurement
Tech giant Microsoft last week documented the challenges in buying carbon removals as part of its new 1.5 Mt procurement, outlining difficulties that range from a lack of high-quality credits and...
View ArticleVCM Report: Nature-based VERs crash below $8 before rapid rebound
Prices for exchange-traded, standardised voluntary emissions reduction (VER) contracts continued to unravel over the early part of the week as nature-based units dropped well into the single digits,...
View ArticleGlobal securities watchdog announces voluntary carbon markets probe
A global securities watchdog group has announced a probe into voluntary carbon markets.
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