Remove Article Remove Carbon Offsets Remove Paris Agreement
article thumbnail

Breakthrough International Agreement Reached at COP29 to Advance Global Carbon Market

ESG Today

Delegates at the ongoing UN Climate Change Conference (COP29) achieved an important breakthrough on the first day of the event in Baku, Azerbaijan, reaching consensus on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, key for advancing the establishment and growth of a global carbon market.

article thumbnail

All Eyes on “Interplay” of VCM Standards, Article 6 at COP28

Chris Hall

COP28 could mark a step toward a closer relationship between voluntary carbon markets (VCMs) and compliance markets, depending on Article 6 negotiations on issues such as eligibility on new activities. Article 6.4 The details and rules for operationalising Article 6.4 of the Paris Agreement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size. Introduction.

article thumbnail

What does digital art have to do with sustainability?

GreenBiz

A Paris Agreement for blockchain. On April 7, a coalition led by Energy Web announced the Crypto Climate Accord , modeled loosely on the Paris Agreement. Like the Paris Agreement, this broad pact is pathway-agnostic. For instance, carbon offsets. Sponsored Article. Innovation.

article thumbnail

HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

While the pledge provides limited detail on the measures it will take to slash the carbon emissions of its portfolio or operations, the bank said it would establish "clear, measurable pathways" to net-zero using the Paris Agreement's Capital Transition Assessment Tool (PACTA). Sponsored Article. Pull Quote. BusinessGreen.

Net Zero 402
article thumbnail

Using Carbon Markets To Fuel the Energy Transition

3BL Media

DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at how the carbon finance options defined at the 2021 United Nations Climate Change Conference (COP26) can help cut greenhouse gas (GHG) reduction costs for power utilities and large energy consumers. What are the implications of Article 6?

article thumbnail

Carbon Trading Projects Bearing Fruit for Investors

Chris Hall

Innovative pilot schemes are attracting interest after failed COP28 negotiations on carbon markets under Article 6 of the Paris Agreement. Despite limited progress on carbon trading rules at COP28 , experts believe recent trial projects will unlock investment opportunities for private investors.