Archive

The World Bank has raised $50 million from an outcomes-based bond which links its coupon payments to verified carbon credits generated by a water purification project, described as a "unique" and "important" deal by investors backing the transaction.

Verra is working to identify a unit that can be understood by the market in order to be traded, but that also reflects the fact that nature is not fungible, says Sinclair Vincent

Verra has confronted the controversial topic of whether nature credits can be tradable, following a debate on the topic.

The development of a nature credits framework by Verra has triggered a debate on their tradability and credibility.

The International Emissions Trading Association (IETA), World Bank and Singapore have launched a open-source project to improve interoperability of global carbon credit registries.

Biodiversity credits are potentially a powerful financial tool for boosting nature, but could be as controversial as carbon credits, Thomas Cox writes

Verra plans to release a standard to enable the independent certification of biodiversity credits in late 2023, an executive at the standard-setter has said.

A draft set of governing principles could cause a "rebellion" in the voluntary carbon market (VCM) if ratified, warned Verra - the world's largest verifier of voluntary carbon credits.

Two of the biggest standard setters in the voluntary carbon market are in the process of exploring new 'blue carbon' methodologies, such as seaweed and seascape credits, Environmental Finance has learned.

Verra, the world's largest verifier of carbon credits and offsets, has banned the practice of creating instruments or tokens based on retired credits, as their environmental benefits have already been consumed.