A new report on the voluntary carbon market (VCM) found a shift towards high-integrity credits that provide benefits going beyond greenhouse gas mitigation.
The International Finance Corporation (IFC) and T. Rowe Price (NASDAQ:TROW) are collaborating to create a new strategy to support the expansion of blue bonds.
Carbon market standard setter Verra is launching what it calls a “transformative new methodology for protecting forests”. It includes a new approach to setting baselines for calculating emissions reductions from forest conservation activities under the landmark Verified Carbon Standard (VCS) – itself updated in September 2023.
Climate negotiators at COP28 may bolster carbon trading when they decide on rules for a new United Nations-overseen emissions market that can lower the cost of fighting global warming.
The latest analysis from Accenture (NYSE:ACN) suggests that, while companies are taking action to align with the Paris goals, it must be accelerated if the world is to achieve net zero.
Commercial vehicle manufacturer Scania (STO:SCVB) and steelmaker SSAB (STO:SSAB-A) have signed a letter of intent to decarbonise all steel deliveries from SSAB to Scania’s heavy-duty vehicles in 2030.