Sunday, 19 January 2025

Focus on Emissions Markets

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.

Bhutan relies heavily on hydropower for energy generation (AFP)
ClimateClimate FinanceEmissionsEmissions MarketsNewsPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

‘Carbon-neutral’ countries demand credit at COP29

Small nations like Bhutan and Panama, which absorb more carbon than they emit, demand recognition at COP29 for their sacrifices.

AnalysisEconomyEmissionsEmissions MarketsIndigenousLegislationOpinionPolitics

Neither effective nor fair: it’s time to replace Ottawa’s carbon tax

Opinion: A prudent move for Ottawa would be to replace the commodity-based carbon tax system with measures that are fairer and more effective.

Carbon credits are generated by activities that reduce or avoid planet-heating greenhouse gas emissions, like planting trees or replacing polluting coal with clean-energy alternatives (AFP)
BusinessClimateClimate FinanceEmissionsEmissions MarketsEnvironmentNewsPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

Nations approve new UN rules on carbon markets at COP29

COP29 approved UN standards for carbon markets, a pivotal step toward enabling countries to trade credits to meet climate goals.

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