Spotlight: Voluntary Carbon Markets (VCMs)
“Voluntary carbon markets can be a powerful tool for mobilizing the investment in innovative technologies and actions needed to keep a 1.5 C limit on warming within reach. VCMI [the Voluntary Carbon Markets Initiative] is performing a vital service by establishing high-integrity pathways for companies to support stronger climate action while making progress toward their own net-zero goals. By creating sound guardrails for the use of high-quality carbon credits, the new VCMI guidance will provide strong assurance that this finance will help deliver the greater climate action we so urgently need.”
U.S. Special Presidential Envoy for Climate
Crushed rock spread across Ontario fields in new push to capture carbon
A carbon capture partnership in Ontario is harnessing crushed rock to remove CO2 from the air and store it in soil.
How efficient metrics and expansive incentives can scale corporate contributions to nature
Simple metrics aligned with broad incentives and market signals can help scale finance for nature effectively.
Future of UN climate dialogue threatened by budget shortfall
The UN's climate body faces a €57M budget shortfall for 2024, risking climate talks as key donors delay contributions.
Statement from Mandy Rambharos, CEO, on Restructuring Verra
21 October 2024 I chose to join Verra as CEO because I believe in our mission to drive impactful climate action and sustainable...
Explainer: What’s on the agenda at the COP16 nature summit in Colombia?
At COP16 in Cali, nearly 200 countries will discuss national biodiversity plans, genetic data access, and Indigenous rights to combat nature loss.
Verra Cancels 5 Million Overissued Credits Linked to C-Quest Capital
17 October 2024 WASHINGTON — Today Verra, the nonprofit that serves as the leading standards setter for the voluntary carbon market, announced its completion...
Verra Releases Methodology Change and Requantification Procedure
16 October 2024 Verra has launched the Methodology Change and Requantification Procedure (PDF). This new procedure enables projects registered in the Verified Carbon Standard (VCS)...
Novatek Registers its First Climate Project with Russian Carbon Units Registry
Moscow, 15 October 2024. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that its subsidiary, NOVATEK-YURKHAROVNEFTEGAS, has registered a technology-based climate project located at...
Verra Releases New VCS Additionality Tools
14 October 2024 Verra has released two new tools in the Verified Carbon Standard (VCS) Program to assess the additionality of project activities: VCS...
‘No silver bullet’ for decarbonising Formula One, ESG boss says
F1 aims for net zero by 2030, cutting 50 per cent of emissions from its 2018 baseline, and offsetting the rest through carbon...
