Year-end climate talks opened with a breakthrough on the global loss and damage fund, but negotiations over Article 6.4 of the Paris Agreement remain stalled. The issue is which removal approaches to recognize, and the stakes are massive. Here’s what’s at stake.
With COP28 now underway, it is time to re-visit the link between the approaches established under Article 6 of the Paris Agreement and Voluntary Carbon Markets, and discuss the role of Corresponding Adjustments in this context.
There is a growing tide of negative sentiment towards nature-based solutions (NbS). If this groundswell of negativity continues unabated, there is a very real risk that nature-based solutions lose the investment so desperately needed for their success. This would be nothing short of disastrous for the climate, for local ecosystems, and for the people most […]
Year-end climate talks are focused on the global stock-take, which involves more than just taking stock of past actions. The primary agenda is to create mechanisms for dramatically scaling ambition up for the next five years. Earlier this month, the government of Rwanda attached a “Letter of Authorization” to carbon credits purchased by German nonprofit […]
22 November 2023 | Interest in market-based approaches to support of biodiversity conservation and restoration has grown significantly since December 2022, when the Parties to the United Nations’ Convention on Biological Diversity (CBD) adopted the Kunming-Montreal Global Biodiversity Framework (GBF.) The GBF sets a financial target of mobilizing at least USD 200 billion per year […]
Evidence is mounting that forest carbon offset credits are not working. Can a new approach, based on countries and companies making wider contributions to climate action beyond offsetting emissions, save the world’s forests?
You’re invited to join the virtual launch event of Ecosystem Marketplace’s latest report, State of Voluntary Carbon Markets 2023, on November 28 at 10:00 am ET / 1500 GMT+1.