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COP28 Clears Path to Integrity for VCMs

Chris Hall

of the Paris Agreement will realise the potential of carbon markets globally, but progress remains slow. Supervisory Body has been discussing the operationalisation of the promised international carbon crediting mechanism, including underpinning methodologies and greenhouse gas (GHG) removals guidance.

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Rewilding British farms is bringing back threatened species, storing carbon and growing hope

Corporate Knights

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. based nature recovery investment company Nattergal.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

By contrast, the report makes no mention of risky and controversial attempts at solar radiation management (SRM) and leaves out any reliance on carbon offsets. Its only reference to nuclear electricity is in the chart showing its low emission reduction potential and high cost through 2030. The dangers of overshooting 1.5°C

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The policy won’t affect money that has already gone out the door or commitments that have already been signed, there is no published calculation of the future subsidies that will now be foregone, and the documents provide no cost figures for 129 non-tax measures that could be shifted as a result of this week's announcement.

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Energy Transition Accelerator

Chris Hall

The ETA will create a new class of carbon offsets that either represent investments in EMDE renewable energy projects or converted reductions in emissions from the power sector (such as coal-fired electricity). How will the ETA work? . Discussions around Article 6.4