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

GreenBiz

We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.". 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. Pull Quote.

Net Zero 402
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Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

Many see carbon markets as key to channelling billions of dollars into reducing these emissions, while protecting forests and other carbon sinks, such as peatlands and wetlands, in developing countries. But the increased interest in carbon markets that operate across borders comes with a number of risks.

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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

It’s also planning an investment push that will see it fund carbon removal projects at an expected cost of $35 per metric ton in 2025, increasing to $80 per metric ton in 2030 — far higher than the amount companies traditionally pay to purchase carbon offsets on voluntary markets. .

Net Zero 428
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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. Scale : The carbon market is growing faster than ever before.

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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. Instrument 2—Sustainable Development Mechanism.

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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

This decision, which followed strong criticism from NGOs, civil society and even within the SBTi itself, ensures that companies must focus on actual value chain emission reductions rather than relying on questionable offsetting.

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How Your Business Can Achieve Climate Neutrality

3BL Media

Carbon neutrality refers specifically to balancing out carbon dioxide emissions with natural carbon sequestration, whereas climate neutrality refers to balancing out all greenhouse gas emissions that contribute to climate change, including carbon, but also other greenhouse gasses such as methane and nitrous oxide.