Corporate Knights

AUGUST 16, 2023

By 2022, a green paper from the U.K. Carbon credit investment is going through an “ethical shakedown,” said Ivan de Klee, the head of natural capital at the U.K.-based There is a “cry for integrity” for real data, rather than modeling-based carbon offset options, de Klee added.

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Regenerative Paris Agreement Carbon Offsets Climate Change 246

Chris Hall

SEPTEMBER 7, 2023

But Carbon Tracker chose to exclude fully state-owned NOCs and companies based in Russia, describing them as “[firms] over which investors have little influence”. The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. billion in 2022, a 46.5%

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Net Zero Carbon Offsets Paris Agreement Divestment 80

GreenBiz

JANUARY 11, 2021

Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbon offsets. The company cleaned up in sales, and it’s going on an advertising offense.

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Supply Chains Supply Chain Waste Net Zero 505

Chris Hall

OCTOBER 31, 2023

C threshold for first time between 2023-27 according to research published in May. “Offsetting should be widespread [and] every corporation should be doing it,” he said, adding that companies purchasing carbon offsets are decarbonising faster. billion of climate finance globally which accounted for less than 0.8%

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Paris Agreement Carbon Offsets Climate Change COP26 59

Chris Hall

NOVEMBER 23, 2023

Speaking during a webinar, Pedro Martins Barata, Associate Vice President, Carbon Markets and Private Sector Decarbonisation at the Environmental Defense Fund (EDF), noted that “understanding the interplay” between VCM industry guidelines and what emerges from Article 6.4 of the Paris Agreement. negotiations in Dubai is vital.

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Paris Agreement COP26 Carbon Offsets Development 69

Chris Hall

MAY 1, 2024

According to SBTI’s website , the number of companies and financial institutions setting greenhouse gas (GHG) reduction targets and having them validated doubled to 4,204 by the end of 2023 from 2,079 in 2022. This steep growth marks SBTi as a focal point of corporate climate action, said Guy Turner, Head of Carbon Markets at MSCI. “It

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Net Zero Paris Agreement Carbon Offsets CDP 85

Corporate Knights

AUGUST 1, 2024

The world’s leading authority on corporate climate plans has dealt a blow to the carbon-offset industry, signalling that it objects to corporations using carbon credits in place of emission reductions in their own supply chains. It certified the climate plans of 4,200 companies by the end of 2023, double the number from 2022.

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Carbon Offsets Net Zero Supply Chains Supply Chain 201

Chris Hall

NOVEMBER 10, 2022

If we are to collectively deliver against the Paris Agreement goals, and act in the best interests of beneficiaries, asset owners must continue to collaborate to maintain the high ambition expected of us and drive the innovative, practical solutions required for the global transition.”.

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Net Zero Paris Agreement Carbon Offsets Development 52

Chris Hall

MARCH 31, 2023

of the Paris Agreement which aims to create an international carbon market overseen by the UN, with Sheldrake hoping for clarity on the market mechanism at COP28 and a demonstration of how VCMs can operate in complement to support the delivery of 1.5°C The talks have been deferred to this year’s COP28. C pathway.

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Paris Agreement Net Zero Carbon Offsets UNEP 52

Chris Hall

JUNE 5, 2024

The Taskforce on Scaling Voluntary Carbon Markets has predicted carbon credit demand will increase by a factor of 15 by 2030 and by a factor of 100 by 2050. BloombergNEF’s recent carbon offsets outlook report noted that the market could be worth US$1.1

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Paris Agreement Carbon Offsets Development Analytics 81

Chris Hall

AUGUST 2, 2023

The aviation industry will not be able to align with Paris Agreement goals without a massive scale-up in the use of SAFs,” Selih said. In 2022, Amex GBT and Shell Aviation launched a programme with 1 million gallons of SAFs available for corporate customers – enough to power almost 15,000 business trips from London to New York.

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Net Zero Paris Agreement Waste Climate Change 52

B the Change

FEBRUARY 25, 2023

As of October 2022, more than 8,000 companies globally have made commitments to net zero under the United Nations’ Race to Zero Campaign. Greenhouse gases can be removed through natural processes, like growing trees, or potentially through new technologies, like “direct air capture” or underground carbon sequestration.

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Net Zero Climate Change Supply Chains Supply Chain 52

Chris Hall

JUNE 21, 2023

Also in 2022, GFANZ published its progress report , which appeared to confirm that the body would be allowing member groups to set their own path to net zero, rather than aligning with updated criteria published by the UN-backed global emissions reduction campaign Race to Zero (RtZ).

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Net Zero Climate Change UNEP Paris Agreement 52

Chris Hall

MAY 4, 2022

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . C of global warming promised by signatories of the Paris Agreement. . Throwing down the gauntlet

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Net Zero Carbon Offsets Paris Agreement Climate Change 52

Corporate Knights

NOVEMBER 16, 2022

Special Climate Envoy John Kerry’s proposal to use a new form of carbon offsets to pay for green energy investments in countries transitioning from coal. The idea, loosely sketched out, is that countries dependent on coal could sell carbon credits to companies, with the revenue going to fund clean energy projects.

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Net Zero Greenwashing Banking COP26 246