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How to fix the broken carbon-offset system

Corporate Knights

In March, Jim Hourdequin, the CEO of Lyme Timber – one of the world’s largest suppliers of carbon offsets to companies like Chevron – admitted that lax standards have allowed his forestry company to earn US$53 million over the past two years without making significant changes to business as usual.

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AB: Are Carbon Offsets the Next ESG Investing Frontier?

3BL Media

Carbon offsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues. But as more countries and companies commit to net-zero carbon emissions goals, they’re steadily gaining attention from investors as a tool to accelerate carbon reductions. Quality Control Still Has Gaps.

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Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

Carbon markets are trading systems through which countries, businesses, individuals or other entities buy or sell units of greenhouse gas emissions. These markets facilitate carbon offsetting — compensating for carbon dioxide emissions in one location by reducing or removing emissions elsewhere. Communities at risk.

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

GreenBiz

It also said it would work with the broader finance sector to create a standard to measure financed emissions and support a functioning carbon offset market.

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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.

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Key Takeaways From NACW 2022

3BL Media

The 19th annual North American Carbon World (NACW) 2022 Conference , held from April 6-8 in Anaheim, California, provided an opportunity for leading climate professionals throughout North America to gain actionable insights for bold climate solutions. You can see a map of carbon offset projects verified by SCS here.

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Companies Who Communicate Breakthrough When Facing Greenwashing Scrutiny

3BL Media

DESCRIPTION: Last week, Porter Novelli asked if COP26 was a cop-out and provided key takeaways for the business community. Companies are facing increased investigations into their strategies, plans, and commitments to reduce their GHG emissions – not just get to net-zero, which can be overly reliant on carbon offsets.