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Integrity Council to tackle technology in voluntary carbon markets
15 August 2023The Integrity Council for the Voluntary Carbon Market (ICVCM) is to study how technology will impact the market for carbon credits and where standardisation is needed, as part of its second phase of work.
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ICVCM finalises carbon credit certification assessment
27 July 2023The Integrity Council for the Voluntary Carbon Market (ICVCM) has finalised its carbon credit benchmark, by launching criteria on how to assess which carbon credit categories are eligible for its "best-in-class" certification label.
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IOSCO: regulators need to help carbon markets 'avoid past mistakes'
19 July 2023Securities and futures markets regulators should help improve "transparency and integrity" in compliance carbon markets, according to a report by the International Organization of Securities Commissions (IOSCO).
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Don't vilify carbon markets, 'offsets will be needed in short-term', says TP ICAP
18 July 2023While there are inevitably some in the voluntary carbon market that are trying to "game the market", the level of criticism suffered by the market is unjustified, TP ICAP has told Environmental Finance.
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Actuaries crunch the numbers on climate scenarios - and warn many are 'implausible'
04 July 2023A membership body for actuaries has warned financial institutions against relying unquestioningly on climate-related scenarios, with results from some models "far too benign and, in some cases, implausible".
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UK ETS cap lowered and scheme extended to new sectors
03 July 2023The UK government has announced that it has lowered the carbon emissions cap for existing sectors covered by its emissions trading scheme (ETS), whilst also extending it to cover the domestic maritime transport and waste sectors.
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VCMI carbon credit claims 'cannot be used for offsetting'
30 June 2023Carbon credits cannot be used for offsetting emissions instead of reducing emissions within corporate value chains, or for making 'carbon neutral' claims, under the Voluntary Carbon Markets Integrity Initiative (VCMI)'s Claims Code.
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VCMI launches Claims Code to 'accelerate' credible carbon offsetting
28 June 2023A rulebook for companies that aims to speed up corporate use of credible carbon credits has been launched by the Voluntary Carbon Markets Integrity Initiative (VCMI).
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Temasek's GenZero invests in land restoration carbon credit project
08 June 2023Temasek-owned GenZero has agreed with AJA Climate Solutions to invest in a Ghanaian land restoration project.
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LOIM launches sustainable fund suite holistiQ with Systemiq
06 June 2023Lombard Odier Investment Managers (LOIM) has launched sustainable investment platform holistiQ, in collaboration with consultants Systemiq, as it prepares new nature-based funds.