Carlos Sanchez

NOVEMBER 24, 2021

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size.

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Chris Hall

APRIL 28, 2023

Matthew Shankland, Head of Sidley Austin’s London-based Disputes Resolution Practice, outlines how i nvestor s can mitigate against the increased risk of greenwashing-related issues in company advertising. Under English law, there is no specific cause of action for, or law governing, greenwashing.

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Corporate Knights

AUGUST 1, 2024

The world’s leading authority on corporate climate plans has dealt a blow to the carbon-offset industry, signalling that it objects to corporations using carbon credits in place of emission reductions in their own supply chains.

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Corporate Knights

APRIL 18, 2024

A convoy of tractors was making its way to a Dutch government building in February when Tesla CEO Elon Musk tweeted out his support for farmers revolting against the EU’s regulatory push to drive down climate emissions: “I’m pro-environment, but I support the farmers! Farming has no material effect on climate change.”

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3BL Media

AUGUST 25, 2022

Lack of visibility and perceptions of “greenwashing”. Another risk associated with the transition to a low-carbon economy is that your efforts will be seen as insufficient, or overblown. “One of the lessons of economic history,” the authors assert, “is that successful incumbents can be swept away as a new era emerges.

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GreenBiz

FEBRUARY 8, 2021

Thanks to the rise in plastics pledges, an emerging and undefined market for plastic offsets is just beginning to take shape. And, much like the market for carbon offsets, it’s messy. . The potential for greenwashing is high. Given that U.S.

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GreenBiz

MARCH 22, 2021

body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline. The pandemic led ICAO to scale back the program, CORSIA (for Carbon Offsetting and Reduction Scheme for International Aviation), to make it easier for airlines to comply.

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3BL Media

NOVEMBER 27, 2023

The state's environmental leadership also extends to climate change mitigation policy. In 2011, enforcement began of the state's low-carbon fuel standard , the world's first. Acute and chronic physical climate risks facing California range from heatwaves to persistent drought, and a seemingly never-ending fire season.

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Corporate Knights

SEPTEMBER 26, 2024

This is generally a voluntarily self-imposed deadline, usually decades away, by which the institution’s emissions will not necessarily actually reduce to zero, but rather by which they will at least be ostensibly canceled out by carbon offsets.

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3BL Media

AUGUST 2, 2023

Net-Zero Commitments In response to growing concerns about climate change, the Government of Canada made a commitment to achieve net-zero emissions by 2050. The voluntary carbon-offset market is rapidly evolving and is expected to grow to around $250 billion by 2050 from only $2 billion in 2020.

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ESG Today

DECEMBER 1, 2022

So we will need carbon removals as well, through technology or natural carbon sinks.”. According to the landmark IPCC climate change mitigation study released earlier this year, scenarios that limit warming to 1.5°C The post EU Commission Proposes Carbon Removal Certification Rules appeared first on ESG Today.

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ESG Today

FEBRUARY 21, 2023

United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. The company also announced that it has begun showing customers booking flights on its website or app an estimate of the flight’s carbon footprint, with indications of lower carbon options based on itinerary.

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Sphera

DECEMBER 15, 2022

Price and information are cited as biggest barriers to sustainable behavior change among consumers. Just 10% completely trust brand promises on climate change and only 10% find it very easy to get reliable sustainability data. The survey finds climate change skepticism is almost equally rife across the U.S.,

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Eco Coach

APRIL 21, 2020

Even though the climate change and single use plastics (can you say plastic gloves?) discussions have been tabled to focus on this more immediate threat, it is important to remember that climate change is still here. For those businesses, one of the steps to consider is calculating their carbon footprint.

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Envirotec Magazine

SEPTEMBER 1, 2022

And how can businesses tackle them in order to pursue their climate change goals? You can’t offset until you’ve reduced to the minimum. Businesses don’t need to make the choice between reducing carbon emissions and offsetting, they can do both in tandem. Reducing carbon emissions is boring and complicated.

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Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends. Countries and companies have taken responsibility for climate change and raised their carbon emissions reduction ambition.

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Carlos Sanchez

DECEMBER 7, 2021

A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climate change, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. 2 – Carbon Offset Markets price Hike. Carbon Offsets Market growth.

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Envirotec Magazine

NOVEMBER 14, 2023

Four years ago, a study published in the journal Science found that the restoration of forests could capture over 200 Gt of carbon – which could draw down approximately 30 percent of excess anthropogenic carbon.

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Carlos Sanchez

DECEMBER 17, 2020

According to scientists achieving net-zero before 2050 is critical to keeping us safe from the catastrophic consequences of climate change. The number of net-zero emissions commitments has doubled this year, as many prioritize climate action in their recovery from Covid-19 ( Data-Driven EnviroLab report). ETS in Europe).

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Corporate Knights

JULY 25, 2023

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Chris Hall

JANUARY 28, 2022

The primary problem with the phrase ‘net zero’ is the first word, which introduces a fog of uncertainty and has encouraged many organisations to promise carbon offsetting in the future instead of reducing emissions today. Carbon offsetting, with all is faults and likely future scrutiny, accounts for 19% of the plan.

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Chris Hall

JUNE 7, 2022

Regulators around the world are considering increasing their scrutiny of companies’ emissions-reduction claims in a bid to dispel greenwashing concerns. . Companies will have to maintain good corporate practice on climate change, including a public commitment to reaching net zero by 2050.

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Chris Hall

MAY 31, 2024

Dr Torsten Schwarze, Partner at Morgan Lewis, explains how two EU directives will shape Europe’s legal framework to restrict greenwashing. ESG compliance is becoming increasingly important for companies, and the development of technologies and products to help reduce their carbon footprint has become a priority for many.

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James Militzer

JULY 12, 2023

Are carbon credits a legitimate tool to fight climate change? Despite their growing popularity as a way for businesses and other carbon emitters to offset their own emissions by buying credits from other entities that reduce or remove carbon from the atmosphere, recent research has called their effectiveness into question.

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Chris Hall

MAY 1, 2024

As an example of good practice, Turner cited the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). “It Major corporate buyers stepped back from purchasing carbon credits as accusations of greenwashing grew. It moves relatively slowly – and when it does, it does so quite thoughtfully.”

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Stanford Social Innovation

OCTOBER 4, 2022

But analysis by the emissions-modeling group Climate Interactive shows that even if we successfully deployed all the possible natural carbon offsets in the world— without cutting emissions —we won’t limit warming below catastrophic levels. ”) It must be addressed.

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Chris Hall

MAY 10, 2022

The Transition Plan Taskforce (TPT), charged by the UK government with developing a “gold standard” for climate transition plans, should consider firms’ use of carbon offsets, governance structures, capital allocation plans, alignment with financial statements, and lobbying activity, said UKSIF. “We

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GreenBiz

AUGUST 10, 2020

"People are beginning to ask more questions about how their money is working for them as it relates to financial returns, or how it might be working against them in the creation of extractive economies, climate change or labor issues.". says Simon Konig, executive director of Climate Focus North America. billion acres to 1.9

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Chris Hall

MAY 4, 2022

Existing voluntary climate-related reporting guidance – such as that provided by the Task Force on Climate-related Financial Disclosure (TCFD) and Climate Action 100+ (CA100+) – will inform the TPT’s efforts. . Throwing down the gauntlet . The latter is known as the ‘4 P’s’: pledge, plan, proceed and publish.

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Corporate Knights

DECEMBER 20, 2023

Carbon offsets are ‘riddled with fraud.’ Solving credibility issues may require a greater overhaul of carbon markets. Carbon insetting Business-speak for companies reducing emissions in their own supply chains; an alternative to carbon offsetting. One reason 2023 was so hot (apart from climate change)?

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Corporate Knights

NOVEMBER 16, 2022

Something significant is happening in the desert in Egypt as countries meet at COP27 , the United Nations summit on climate change. Climate finance has been one of the thorniest issues in global climate negotiations for decades, but I’m seeing four promising signs of progress at COP27. One year on, something is stirring.

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Chris Hall

NOVEMBER 16, 2022

And there are wider issues around the VCMs already in operation, such as credit pricing, third-party verification and reducing the risk of greenwashing. . trillion by 2030, to boost resilience and deal with the loss and damage caused by climate change impacts. . degrees of climate change. .

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Corporate Knights

NOVEMBER 9, 2022

Governments are being called on to put some regulatory muscle behind corporate net-zero pledges to ensure they don’t amount to mere greenwashing. . It comes at a challenging time for those who want more aggressive climate action. . We must have zero tolerance for net-zero greenwashing. -UN Photo by Collision Conf/Flickr.

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