Carbon

We need to 'make it okay again' to invest in carbon, says Standard Chartereds Winters

Amid the ESG backlash, better signals are needed to incentivise voluntary carbon market action, Standard Chartered said, as it backed a new government coalition on carbon market demand.

Switzerland, Norway announce carbon removals-focussed ITMO programme

Switzerland and Norway have signed an emissions trading agreement under Article 6.2 of the Paris Agreement, with pilot projects launched with support from UBS and SwissRe.

Vietnam launches ETS

Regenerative agriculture financing firm receives €100m financing

'Patient demand' expected for Article 6 credits, say South Pole

Transition credits 'lend themselves well' to Article 6, says South Pole

Transition credits are well placed to fit into the Article 6 market, South Pole tells Environmental Finance, as it begins pilot testing a transition credit methodology.

ICVCM approves more methodologies for CCP label

BSI aims to restore confidence in nature-based carbon credits

A new set of standards for nature markets in the UK will aim to restore confidence and help drive private investment, according to the British Standards Institute (BSI), which expects to launch biodiversity and 'natural carbon' standards by the end of year.

Microsoft agrees 'world's largest' biochar deal

Microsoft has agreed to purchase 1.24 million tonnes of carbon removal credits from Exomad Green over the next 10 years, in what is thought to be the world's largest biochar deal.

Cambridge Associates 'wouldn't recommend' biodiversity credits

Cambridge Associates would not recommend biodiversity credit-based strategies to investors, telling an Environmental Finance conference that biodiversity co-benefits in the carbon market are likely to be prioritised instead.

Lloyds sets up carbon and nature capabilities

UK, EU agree to work towards ETS linkage

The EU and the UK have agreed to work towards linking their Emissions Trading Schemes (ETS), with exemption provisions also agreed on the Carbon Border Adjust Mechanism (CBAM).

Article 6.4 standards confirmed

The supervisory body of the Paris Agreement's Article 6.4 mechanism has adopted standards outlining how projects can accurately measure their impact.

Weyerhaeuser to expand carbon credit projects

Timberland giant Weyerhaeuser is to continue expanding its carbon credit business but urged to Environmental Finance that more simplification and automation is needed in the carbon markets.

Carbon market's biggest players urge governments to step up

Some of the voluntary carbon market's biggest players have called on governments to play a more proactive role and clarify the position of voluntary action within Article 6 of the Paris Agreement.