VCM: buyers ready to pay premium for high-quality carbon credits
A new report on the voluntary carbon market (VCM) found a shift towards high-integrity credits that provide benefits going beyond greenhouse gas mitigation.
A new report on the voluntary carbon market (VCM) found a shift towards high-integrity credits that provide benefits going beyond greenhouse gas mitigation.
By Sraddha SabuA new report on the voluntary carbon market (VCM) found a shift towards high-integrity credits that provide benefits going beyond greenhouse gas mitigation.
Researchers at the Cambridge Centre for Carbon Credits have developed a new way to price carbon credits, which they hope will encourage investment in forest preservation and boost progress towards net zero.
Swiss carbon credit asset developer South Pole has confirmed that it has terminated its contract with Carbon Green Investments (CGI), the owner and developer of the Kariba REDD+ project, with immediate effect.
This week's investment roundup looks at the continued evolution of the carbon markets with new players entering the stage, research approaching sovereign debt from a nature lens and how the market may be taking a different direction from the political agenda when it comes to ESG.
In Singapore, the Ministry of Sustainability and the Environment and the National Environment Agency (NEA) have set out the eligibility criteria under its International Carbon Credit (ICC) Framework. This is to ensure quality in international offsets exchange, which has seen fairly low appetite in the region.
Soon-to-be-launched registry Isometric has released a new standard for carbon removal credits, in a bid to boost the credibility of the voluntary carbon markets.
The Global Carbon Council (GCC) and the World Sustainable Business Forum (WSBF) have announced plans to collaborate to promote circular economy approaches.
Norway’s sovereign wealth fund, the global stock market’s largest asset owner has said companies should prioritise operational and value chain emissions reduction to reach interim CO2 goals, and raised concern about the use of carbon credits.
The voluntary carbon markets must scale rapidly to fill a $90 billion investment gap but confusion about standards, credit verification and impact credibility make this a significant challenge.
In this week’s roundup, we explore the latest news to affect investment trends and perspectives in the climate and sustainability space.