Wednesday, 20 November 2024

Focus on Emissions Markets

Prime Minister Justin Trudeau takes part in a fireside chat with Michael Sheldrick, co-founder and Chief Policy, Impact and Government Affairs Officer at Global Citizen Now event on the sidelines of the G20 Summit in Rio de Janeiro, Brazil on Sunday, Nov. 17, 2024. THE CANADIAN PRESS/Sean Kilpatrick
ClimateEmissionsEmissions MarketsLegislationNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

Trudeau touts embattled carbon levy to global audience, says it faces misinformation

Prime Minister Justin Trudeau is defending his embattled carbon-pricing program on the world stage, and he argues that misinformation is threatening environmental progress.

AnalysisClimateEmissionsEmissions MarketsLegislationOpinionPoliticsRegulationsTradeUnited NationsVoluntary Carbon Markets (VCMs)

COP29: Canada needs to start a real conversation about international carbon markets

Canada should seize the opportunity to join international carbon markets to lower climate mitigation costs and boost global cooperation.

A climate activist holds a placard as people call for climate justice resistance against oil and gas corporations and to end fossil fuels outside the Cape Town International Convention Centre during the Southern Africa Oil and Gas Conference in Cape Town, South Africa , September 13, 2023. REUTERS/Esa Alexander/File Photo
BusinessEmissionsEmissions MarketsNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

South Africa’s revised carbon tax to be harsher but with more offsets, Treasury says

South Africa is one of the world's top 15 greenhouse gas emitters and the only country in Africa with a carbon tax.

FILE PHOTO: Indigenous people from the Mura tribe shows a deforested area in unmarked indigenous lands inside the Amazon rainforest near Humaita, Amazonas State, Brazil August 20, 2019. Picture taken August 20, 2019. REUTERS/Ueslei Marcelino/File Photo
BusinessClimate FinanceEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Global carbon offset standard setter okays three deforestation project types

Preserving forests is crucial to meeting international goals to limit global temperature increases.

Bolivia's Economy Minister Marcelo Montenegro speaks during a press conference, in La Paz, Bolivia November 14, 2024. REUTERS/Claudia Morales
BiodiversityClimateEmissions MarketsEnvironmentIndigenousNewsVoluntary Carbon Markets (VCMs)

Bolivia to sell $5 billion in carbon credits to stem rampant forest loss

Bolivia aims to sell $5 billion worth of carbon offset credits, the government announced on Thursday, in a bid to stop rampant forest...

News ReleaseClimate FinanceEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra’s REDD Methodology and Jurisdictional and Nested REDD+ Framework Secure ICVCM Approval

Approvals set a new benchmark for integrity in forest conservation, enabling the integration of project- and jurisdictional-level efforts, and empowering buyers to invest...

Members of Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA) fire brigade work to extinguish a fire rising in Amazon rainforest in Apui, Amazonas state, Brazil, August 8, 2024. REUTERS/Adriano Machado/File Photo
BusinessClimateEmissionsEmissions MarketsEnvironmentNewsVoluntary Carbon Markets (VCMs)

Brazil’s Tocantins state to offer $430 million in carbon credits

The value and number of carbon credits is contingent on the state successfully reducing deforestation.

Prime Minister Justin Trudeau meets with New Brunswick Premier Susan Holt in Fredericton, Tuesday. THE CANADIAN PRESS/Stephen MacGillivray
EconomyEmissions MarketsLegislationNewsPolitics

Premier of Canada’s New Brunswick province confirms her Liberal government will draft carbon pricing plan

New Brunswick Premier Susan Holt says her newly elected Liberal government will draft a carbon pricing plan that will be submitted for Ottawa's...

New UN rules would give local communities more power to object to carbon credit projects (AFP)
AnalysisClimate FinanceEmissionsEmissions MarketsRegulationsTradeUnited NationsVoluntary Carbon Markets (VCMs)

UN carbon market inches closer after COP29 agreement

The UN-backed carbon market moves closer, with COP29 nations setting new standards to ensure transparency and project credibility.

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