Verra has made critical updates to its Jurisdictional and Nested REDD+ Framework that will strengthen the ability of forest conservation and restoration efforts to contribute to global climate goals by enabling the integration of project activities with jurisdictional efforts.
Who’s buying offsets? According to the latest EM Insights on Voluntary Carbon Markets, it’s mostly European companies. Under the hood, there’s more nuance in terms of buyer preferences for specific standards, project types, non-carbon benefits, and vintages.
The first 100 days of U.S. President Biden’s administration saw a flurry of new action and commitments on climate. All of this culminated in Biden setting a target to cut emissions in half by the end of this decade. Here are six words to describe this historic announcement.
If total greenhouse gas emissions in new or updated country plans offer a mere 0.5% reduction, greater ambition is needed from governments to fill this gap. Can a robust voluntary carbon market play an important role in this context?
Natural resource management is, by nature, a collective action problem that requires incentives and cooperation of all levels of government, private and public actors. National governments alone are not better equipped to cope with deforestation compared to broad coalitions of stakeholders.
Retirements surged 81 percent in Quarter 1 of 2021, closing the gap with issuances, which declined 11.3 percent. Forestry offsets led the charge with 20.0 million offsets retired and 24.9 million issued, according to Ecosystem Marketplace’s newest Insights Brief.
Increasingly, engineered carbon removal technologies are pitched against nature-based solutions to tackle the climate crisis—particularly in the voluntary carbon markets. Will forests be passed over to benefit from carbon finance – again?