Rio Tinto sets up carbon offsets team to help meet emissions reduction targets
Anglo-Australian mining behemoth Rio Tinto has established a team to identify opportunities to invest in nature-based solutions located on or near its landholdings, the company said on Wednesday.
View ArticleVCM quality drive not seen solving removals vs avoidance credit debate
Upcoming principles to help measure offset quality will not rank "avoidance" over "removal" credits, a conference heard Wednesday, with experts expecting the debate within the voluntary carbon market...
View ArticlePREVIEW: Nations push paper, not ambition, in efforts to curb shipping emissions
Governments are not short of ideas for a revised strategy to reduce GHGs from international shipping, but a proposal for a carbon pricing mechanism by a powerful group of nations led by China appears...
View ArticleVCM Report: VER prices meander as market searches for buyers
Voluntary emissions reduction (VER) values largely faded or held steady this week as traders pointed to a lack of activity in the voluntary carbon market (VCM) and uncertainty about where the next...
View ArticleFEATURE: Bahamas and others step in from the sidelines of voluntary carbon...
The Bahamas has proposed legislation that will chart a course for the Caribbean nation’s participation in the voluntary carbon market, a move that follows other legal frameworks emerging from host...
View ArticleUS-listed ETF launched to track carbon offset futures
A US-listed exchange-traded fund tracking CORSIA-eligible and nature-based offset futures contracts began trading on Wednesday, building on the asset manager’s existing suite of global carbon...
View ArticleUN could help shed light on, not rein in, the credibility of net zero pledges
The UN Secretary-General-appointed expert group tasked with scrutinising non-state net zero pledges is set to provide only high-level guidance rather than authoritative standards, a senior UN official...
View ArticleESG platform to explore carbon offsets from avoided gold mining
A blockchain-based ESG finance platform will launch tokens to preserve in-ground gold deposits from a Canadian mine, and may look at ways for token holders to earn carbon credits from this practice.
View ArticleTropical tree loss in 2021 casts doubt on COP26 deforestation pledges
Tree canopy loss in tropical forests last year was equivalent to the annual fossil fuel emissions of India, casting doubt on whether COP26 pledges to stop and counteract forest loss by 2030 can be met,...
View ArticleIEA launches high level group to advise on coal transition
The IEA has convened a high-profile group of advisors to provide strategic input for an upcoming report on guiding coal-based emissions towards a net zero path amid major energy security and...
View ArticleFEATURE: Carbon border ambitions broaden as Russian aggression uproots global...
Discussions on preferred trade flows have become front and centre since Russia’s invasion of Ukraine, with ideas on how to protect domestic production, ban imports, and increase energy independence...
View ArticleVCM Report: Wider economic uncertainty continues to weigh on VERs
Softening equity markets continued to pressure voluntary emissions reduction (VER) prices as participants expressed concern that the weak economic outlook will keep the voluntary carbon market outlook...
View ArticleVerra advances plans for carbon units that leverage project finance upfront
Carbon standard developer and manager Verra advanced plans on Tuesday for a new method to allow offset project proponents to leverage financing ahead of the verification and issuance of carbon credits.
View ArticleHistory lesson: Experts strive to avert past mistakes with new global carbon...
Criticism abounds for carbon credits stemming from projects that do not result in any additional climate benefits, encouraging experts to figure out how the UN’s new crediting mechanism can avoid...
View ArticleVCM Report: Market continues to wait for demand return as VERs soften further
Weak demand for technology-based voluntary emissions reduction (VERs) credits kept prices pointing to the downside over the past week, while nature-based offsets offered relatively greater resilience,...
View ArticleNGO launches $15/t consumer-focused climate credit initiative
A non-profit has launched an initiative to sell carbon credits as part of packages to consumers that want to offset their annual activities at a market rate of $15/tonne, the group said in a release on...
View ArticleANALYSIS: Mapping carbon project pathways for Paris Agreement era
Once thought to be at death’s door, the UN’s Clean Development Mechanism (CDM) lingers in the Paris Agreement-era, although there is a deep well of complexity on how its credits may be issued and used...
View ArticleSurge in corporate target-setting not matched by delivery –SBTi
The Science Based Target initiative (SBTi) released its third annual progress report on Thursday, releasing the figures tied to the groundswell of companies that are committing and setting robust...
View ArticleSouth African startup to fund 100 MW in renewables projects with tokenised...
A South African startup is targeting funding more than 100 MW of distributed renewables generation through the sale of tokenised carbon credits.
View ArticleCarbon Pulse hires its way to record reporter headcount, doubles article output
Carbon Pulse has further boosted its coverage of regional and global carbon markets after completing a hiring drive that allowed it to welcome another four talented journalists, giving the unrivalled...
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