Saturday, 18 January 2025

Focus on Carbon Market Watch

AnalysisClimateElectricityEmissionsEnvironmentPoliticsSolar

Saudi Arabia’s plans to host men’s soccer World Cup 2034 will be harmful for the climate, experts say

Saudi Arabia’s 2034 World Cup ambitions face criticism over its environmental and social costs, despite bold promises.

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.

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

UN aims to set standards for scandal-hit carbon markets at COP29

Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits.

BusinessClimateEmissionsEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Corporate climate pledge weakened by carbon offsets move

The world's main benchmark for vetting corporate climate action, the Science-Based Targets Initiative, has been accused by its own staff of "greenwashing"

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