News & Articles: Carbon Market

Featured Article

IPCC_Logo-768x384

Climate Economist Nordhaus Wins Nobel As Scientific Body Calls For Price On Carbon

The Royal Bank of Sweden today announced it was awarding the Nobel Prize for Economics to two American economists: Paul Romer, who made us think about the economics of education and sustainable development, and William Nordhaus, who pioneered the use of economic modeling to quantify the economic impact of climate change. The announcement comes just […]

Blockchain (1)

How Blockchain Can Make Carbon Markets More Accessible

2 October 2018 | As more companies and individuals are looking for tools to mitigate their impact on climate change, the idea of utilizing blockchain technology has been on the forefront of many conversations. It is one of the building blocks behind cryptocurrency and companies are looking to utilize blockchain technology as a means to […]

Irish-Cliffs-768x269

Struggling To Meet Climate Targets, Ireland Contemplates Higher Carbon Tax

7 August 2018 | Two months ago, the Climate Action Network ranked Ireland as the second-worst climate performer in the European Union, behind only Poland (which, ironically, is hosting year-end climate talks for the third time in December). Since then, lawmnakers have introduced a bill to divest all fossil-fuel holdings, which amount to EUR 318 […]

Don Fernando Lopez (2)

In Chiapas, Farmers Plant Trees To Boost Yields

Mexico aims to slash its greenhouse gas emissions in part by improving the health of its forests, farms, and fields. The Scolel’te project has been doing that for decades, and provides a template for national strategies.

OLYMPUS DIGITAL CAMERA

Can The World Bank Model Show Us How to De-Risk U.S. Environmental Markets?

Most environmental markets exist to help regulated entities like electric companies and mining groups meet requirements established by law. If those laws are changed or challenged, prices can swing violently. Here’s how the World Bank has mitigated risk around the world, sparking similar endeavors in the United States.

soil carbon

The Dirt On Soil Carbon

Healthy topsoil teems with life, and on this planet, that means carbon. But as we churn through topsoil, we release carbon into the air, where it becomes carbon dioxide, the most common greenhouse gas. and lots of it: nearly 300 billion tons of carbon dioxide over the last 200 years, according to the Intergovernmental Panel on Climate Change. Here’s how carbon finance is helping to reverse that trend.

Brazil-Aerial-view-of-rainforest-300x201

Finance To Protect Tropical Forests: Not Just One Silver Bullet

Carbon finance is measured in billions of dollars, while global supply chains are measured in trillions, but the former can still be used to leverage the latter. Looking at the case of Brazil, a new report lays out how an integrated financing strategy for the protection of tropical forests can make the money work harder and go further.

Verra

Verified Carbon Standard Changes Name To Verra

As carbon standards like the Verified Carbon Standard and the Gold Standard expand their coverage to compliance with the Sustainable Development Goals, old names often no longer apply. To reflect that, the Verified Carbon Standard, which began as the Voluntary Carbon Standard, has now changed its name to “Verra”.

States

Lawmakers From Nine States Now Cooperating On Carbon Price Legislation

While the Trump administration purges all mention of climate change at the federal level, state legislators from eight US states have introduced bills calling for a price on carbon, and a ninth state has bills in the drafting stage while three states have bills in the works.

Chacayes2

Chilean Concert Promoter Cuts Emissions By Turning Turbines

When Latin Americans offset their greenhouse-gas emissions, they usually do so by purchasing offsets generated by saving or restoring forests. But the producers of Lollapalooza Chile and other major events are bucking the trend by partnering with a hydropower plant – albeit one that doesn’t create reservoirs and does support indigenous people.

Truck

Shots Fired At Indigenous Leader Who Documented Illegal Logging In Brazilian Amazon

Brazilian authorities are investigating an apparent assassination attempt against indigenous leader Narayni Surui and his wife, award-winning teacher Elisângela Dell-Armelina Surui. The couple were fired on while entering the indigenous territory after members of the Paiter-Surui ejected illegal loggers from the territory.

NYDFProgress

Seeing REDD: Why The European Union Needs To Embrace Forest Carbon Finance

We can’t beat climate change without saving the world’s forests, and tropical forest countries are ready to do their part, but they can’t fix the mess without help from the countries whose imports are driving the deforestation. The Paris Agreement offers several mechanisms for using carbon finance to save forests, and the European Union has a moral obligation to use them, argue two former climate negotiators.

ForestlandGroup

The Grand Experiment To Save Appalachia’s Forests

The Southeastern United States produces 12 percent of the world’s wood, pulp, and paper – fueling an economic engine that’s pulverizing forests faster than it’s restoring them. Here’s how environmental NGOs like the Dogwood Alliance are teaming up with retail giants like Staples to try and prevent that engine from overheating.

Bonn

In Bonn, Progress On Markets Hampered By Gridlock On Everything Else

Climate negotiators spent the last two weeks in Bonn sketching out the roadmap for achieving the ambitions laid out in Paris. It’s the kind of tedious work that doesn’t generate headlines, but it’s what can be the difference from reaching your destination and ending up in a ditch.

pexels-photo-189524

Will Brazil Sacrifice Forests To Bail Out Backers Of Corruption-Riddled Dams?

As of 2020, international airlines will be mandated to offset large parts of their greenhouse gas emissions. It’s a mandate that could pump tens of billions of dollars into protecting the Brazilian Amazon, but the country’s Brazil’s climate negotiators would rather favor scandal-plagued national power company Eletrobrás and Amazon mega-hydroelectric projects.

Bonn

Despite Trump, The Paris Agreement Continues To Evolve At Bonn/Fiji Climate Talks

This year’s climate talks may not be as glamorous or high-profile as the Conference of Parties to the UN Framework Convention on Climate Change that adopted the historic Paris Agreement two years ago, but the agenda for COP23 that starts Monday in Bonn is packed with key issues that need to be resolved to fully implement the Agreement.

Forests

How Saving Forests Can Meet Climate Challenge

Forests hold 40 percent more carbon than all the known fossil fuel deposits worldwide — nearly five times more carbon than can be added to the atmosphere without exceeding the Paris Agreement’s 2°C goal, according to a new paper.

winter-road-arrow-74780

It’s Time For The UK To Explore Conservation Finance

Our natural world and climate are experiencing catastrophic change, largely because it’s more profitable to destroy ecosystems than to conserve them. We can begin to redress this imbalance by using conservation finance to support opportunities that protect ecosystems and generate some form of return. Here’s how that can work in the UK.

feifdom

The Tumultuous Truth Behind The Destruction Of Indonesia’s Forests

Indonesia sometimes generates 40 percent of the world’s greenhouse-gas emissions from deforestation, and the country’s federal government is powerless to reverse it. That’s because true power in the land of a thousand islands lies with hundreds of regents, or “bopatis”, who are driving one of the world’s most calamitous environmental disasters.

books

The Green Economy: A Primer

We talk a lot about the “green economy”, but what exactly does that mean? The Green Economy Coalition defines it as “an economy that provides prosperity for all within the ecological limits of the planet”, and it has provided this handy primer that breaks it into five broad themes.

Yanawawa

“Stewards Of The Forest”: New Film Shines Light On Indigenous Life Plans

The Yanawawa people of Brazil have have resisted the temptation to chop their forest, choosing instead to conserve and manage it sustainably at great cost to themselves. Now they’ve joined the Brazilian state of Acre and the German government in a fascinating experiment to see if their plan can have a verifiable, measurable impact on the forest. A new short film brings you into their world.

Science

How Science Can Make Sense Of Sustainability Strategy

British Telecoms giant BT Group says it will slash its greenhouse gas emissions a staggering 87 percent by 2030, and it will do so by embracing new technologies. Food giant Mars says it will slash its emissions 67 percent by 2050, and it will do so by restructuring its commodity supply chain. Both say they’ll probably hit their targets, and both say it’s because their targets are science-based. But what does that mean?

RichardNoelle

Seven Lessons From A Decade Of Impact Investing

Impact investors have funneled more than $100 billion into projects designed to make money by doing good, and $8 billion of that flowed into projects that improve the way we manage land. AlphaSource Advisors has been in the impact space for over a decade, and they’ve learned a few things along the way.

read-reading-book-reader-159623

Now Is ABSOLUTELY The Right Time To Talk About Climate Change

As Florida recovers from Hurricane Irma and wildfires ravage the Pacific Northwest, the number of extreme weather events has topped 400 per year. That’s quadruple the rate of 1970, and scientists overwhelmingly attribute the rise to climate change. US Environmental Protection Administrator Scott Pruitt, however, says now is not the time to discuss such matters. Here’s why he’s wrong, and what we can do to set things right.

Peru

To Save Peru’s Forests, Support Its Small Farmers

Peru is losing more than 80,000 hectares of Amazon forest every year, mostly because small farmers are chopping it to meet our own ravenous appetites for beef, soy, and timber. In the process, they’re generating about half the country’s greenhouse-gas emissions. The country has vowed to change that, and here’s one way they can do so by helping small farmers improve the way they manage their land.

Friedman

Remembering The Day Milton Friedman “Endorsed” A Price On Carbon

Higher temperatures and moister air lead to wetter and more intense hurricanes like Harvey and Irma, which will cost us hundreds of billions of dollars to recover from. While these tragedies are still front-and-center, let’s look back what happened when the University of Chicago resurrected its most famous economist to see how he proposed dealing with environmental catastrophes.

Letter

Brazilian Indigenous Leaders Turn Up Heat On Catholic Organization

Prominent leaders from nine indigenous peoples of the Amazon say the Acre State branch of Brazil’s powerful Indigenous Missionary Council (CIMI) is intentionally sabotaging a program that has enabled them to save their forests. In an open letter dated July 31, 2017, they called on prominent Catholic organizations to investigate CIMI Acre. Here is the full text of that letter.

Harvey

How The Restoration Economy Can Help Us Withstand The Next Hurricane Harvey

Hurricane Harvey reminded us just how vulnerable low-lying cities like Houston are in a climate-changed world – especially when we degrade the living ecosystems that regulate floods and absorb greenhouse gasses. Fortunately, we have plenty of tools we can use to develop the “green infrastructure” needed to help us navigate the new reality of life in the Anthropocene.

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership trade pact agreed to under the Obama administration, Monday, Jan. 23, 2017, in the Oval Office of the White House in Washington. (AP Photo/Evan Vucci)

Leading Scientists, Lawyers Challenge Trump On Social Cost Of Carbon

Earlier this year, President Trump’s executive order on energy independence instructed federal agencies to individually monetize climate damages rather than use the existing central estimate of $50 per ton of carbon dioxide. Now a new publication by prominent economists and lawyers argues that the current value is the “best estimate” of climate change’s costs.

ClimateTrust

A Missed Opportunity in California’s Climate ‘Victory’

California extended its cap-and-trade program through 2030, but the the extension will make it harder for forest owners – especially those outside California – to earn carbon offsets after 2021. That’s bad for landowners and could raise the cost of compliance for industrial emitters, writes Mik McKee of The Climate Trust.

BrazilIndonesia

How Brazil And Indonesia Can Meet The Climate Challenge

Tropical deforestation accelerates climate change, and 40 percent of it happens in two countries: Brazil and Indonesia. Governments, NGOs, and businesses, meanwhile, have launched dozens of efforts to correct this – but those efforts will only succeed if they work together. Here’s how to make that happen.

SDG-Poster_A4 (3)

How The UN’s Sustainable Development Goals Can Quietly Change Global Business

Forest carbon projects tap carbon markets to save and restore forests, and they work because carbon dioxide emissions are easy to quantify. But what about all those other good things forests do – like fortifying soil, replenishing groundwater, and boosting farmer incomes? That’s where the UN Sustainable Development Goals come in.

ticked-checkbox-1245057

Payments For Ecosystem Services Work: Study

Payments for Ecosystem Services have always seemed like a good idea, and evidence is growing that they work. The latest comes from a Northwestern University study involving forest owners in 120 villages in western Uganda. Half were given cash rewards if they kept their forest intact, and half weren’t. Guess which group took better care of their forest?

Water Mechanisms (2)

Can Europe Tap The Private Sector To Protect Its Environment?

The European Commission has set some of the most ambitions environmental targets on the planet, but states have struggled to achieve them. Fortunately, the Commission and member states have also created an impressive set of mechanisms for getting users and polluters to pay for restoration. Now they just have to teach people to use them.

AndrewMitchell

Andrew Mitchell: Forest Utility Meter Man

Andrew Mitchell’s Global Canopy Programme has helped people around the world understand the role that rainforests play in regulating the environment and promoting rainfall well beyond their boundaries. Now, as a senior adviser to impact investment group Ecosphere Plus, he’s helping to funnel investment dollars into conservation projects around the world.

Charlotte

One Month On, Innovate4Climate Continues To Yield Stories

Ecosystem Marketplace participated in last month’s Innovate4Climate Summit as a media partner, and it proved to be a worthwhile endeavor. Here are some of the stories we generated from that event – and a look at those to come.

Mootral1

Can This Swiss Feed Supplement Do For Cows What Tesla Is Doing For Cars?

When Elon Musk started Tesla Motors in 2003, he didn’t aim to end our car culture – just to make it cleaner. Likewise, pescatarian businessman Michael Mathres doesn’t aim to end our global love of beef and milk – but with a new product called “Mootral” he does want to reduce their impact on climate change by cleaning up cow burps.