John Englart

NOVEMBER 25, 2023

For many years the IEA was seen as a conservative body supportive of fossil fuels, but increasingly it has advocated for a strong energy transition based on the science and the Paris Agreement targets.The report advocates that the

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Chris Hall

AUGUST 17, 2022

The Authority says in a new report that the carbon market is “fragmented, inefficient and complicated”. The report, requested by Australia’s previous government, provides advice – in the context of the Paris Agreement rules – on the criteria that should be applied to international offsets.

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Chris Hall

SEPTEMBER 29, 2023

Kevin Conrad, Executive Director of the Coalition for Rainforest Nations, says compliance carbon markets offer more effective support to the goals of the Paris Agreement. The Global Stocktake is a key process established under the Paris Agreement scheduled to take place at COP28 in Dubai.

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GreenBiz

SEPTEMBER 1, 2020

It’s also planning an investment push that will see it fund carbon removal projects at an expected cost of $35 per metric ton in 2025, increasing to $80 per metric ton in 2030 — far higher than the amount companies traditionally pay to purchase carbon offsets on voluntary markets. .

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GreenBiz

DECEMBER 11, 2020

When experts at CDP, a nonprofit that tracks sustainability commitments, surveyed 479 food and ag companies , only 75 reported having emissions commitments in line with the Paris Agreement. If so, should we be building an offsets market around soil credits? The situation is worse for deforestation.

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3BL Media

DECEMBER 6, 2022

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. Refreshed Carbon Offsetting Strategy. SOURCE: JetBlue Airways.

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Chris Hall

OCTOBER 31, 2023

C threshold for first time between 2023-27 according to research published in May. “Offsetting should be widespread [and] every corporation should be doing it,” he said, adding that companies purchasing carbon offsets are decarbonising faster.

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Environment + Energy Leader

MARCH 31, 2023

The carbon markets will raise some of that money. COP27 in Egypt enshrined Sovereign REDD+ credits into the Paris agreement, making it easier for countries to attract private The post Big Companies Forced to Rethink Their Carbon-Credit Strategies appeared first on Environment + Energy Leader.

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ESG Today

DECEMBER 9, 2022

While the revisions to the EU ETS system do not include long-haul flights, which remain subject to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the agreement requires the EU Commission to review CORSIA in 2026 to determine whether its rules will be sufficient to align the sector with the EU’s Paris Agreement goals.

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3BL Media

DECEMBER 7, 2022

Companies looking to incorporate sustainability into their businesses are finding the conventional models of environmental investing, such as ESG and carbon offset programs, no longer meet their needs. But as more companies move toward net zero, many are hitting a limit on available offsets to purchase. Beyond net zero.

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3BL Media

MARCH 25, 2022

While the Paris Agreement sets out to achieve net-zero by 2050, we have always been a Company that pushes the boundaries of what’s possible and believe we can get there sooner. Why 2040 vs 2050? Why set interim goals? Why commit to Science Based Targets initiative (SBTi)?

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Environmental News Bits

OCTOBER 2, 2023

Back in 2015, when 174 countries and the European Union came together to finalize the Paris Agreement, each agreed to do its part to slash greenhouse gas emissions. Read the full story at Grist.

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Chris Hall

NOVEMBER 23, 2023

Speaking during a webinar, Pedro Martins Barata, Associate Vice President, Carbon Markets and Private Sector Decarbonisation at the Environmental Defense Fund (EDF), noted that “understanding the interplay” between VCM industry guidelines and what emerges from Article 6.4 of the Paris Agreement. negotiations in Dubai is vital.

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3BL Media

SEPTEMBER 23, 2022

This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. Build clean energy portfolios with carbon offsets that can be traded internationally via the Cooperative Approaches and SDM markets. Four Ways Development Agencies Can Advance Carbon Markets.

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Chris Hall

FEBRUARY 3, 2022

Increased use of carbon offsets by corporates among drivers of future market expansion. Two new reports predict strong growth in the voluntary carbon market (VCM) this year as increasing numbers of companies globally set carbon neutrality and other climate goals that will rely partly on use of carbon offsets.

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Corporate Knights

JULY 25, 2023

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Carbon Capture Backed by Carbon Offsets? Given the persistent technical problems still facing CCS, that may not be likely.

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Envirotec Magazine

DECEMBER 10, 2020

On the eve of the fifth anniversary of the Paris Agreement on Climate, news that the recent spate of pledges from major economies could put the world on course to meet the Paris Climate Agreement goals are encouraging, said sustainability membership organisation IEMA – but only if those pledges are acted upon.

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Carbon 49

NOVEMBER 24, 2021

As societies race to meet the goals set by the Paris Agreement , companies are under pressure to reduce emissions from governments, NGOs, consumers, regulators, shareholders and employees. This is where purchasing carbon credits (also known as carbon offsets) can come into consideration as part of the solution. .

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Chris Hall

SEPTEMBER 7, 2023

But Carbon Tracker chose to exclude fully state-owned NOCs and companies based in Russia, describing them as “[firms] over which investors have little influence”. The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement.

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Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. C has not lessened; if anything, it has increased,” he says.

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Chris Hall

DECEMBER 12, 2023

of the Paris Agreement will realise the potential of carbon markets globally, but progress remains slow. Finalisation of Article 6.2,

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Envirotec Magazine

DECEMBER 16, 2020

On the eve of the fifth anniversary of the Paris Agreement on Climate, news that the recent spate of pledges from major economies could put the world on course to meet the Paris Climate Agreement goals are encouraging, said sustainability membership organisation IEMA – but only if those pledges are acted upon.

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Chris Hall

NOVEMBER 10, 2022

If we are to collectively deliver against the Paris Agreement goals, and act in the best interests of beneficiaries, asset owners must continue to collaborate to maintain the high ambition expected of us and drive the innovative, practical solutions required for the global transition.”.

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Chris Hall

MARCH 3, 2022

It is in the financial interest of investors and banks to ensure that companies invest in carbon credits in a way that reduces the systemic risk of climate change and does not expose them to additional reputation or litigation risks,” it added. Getting to grips with carbon credits. However, this is likely to change.

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Renewable Energy World

APRIL 23, 2021

airline to achieve carbon neutrality for all domestic flying, primarily through carbon offsets, it said. We see the near-term decarbonization of regional aviation as a first step and catalyst, setting the whole industry on a path to meeting Paris Agreement emissions targets. In 2020 JetBlue became the first U.S.

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Chris Hall

FEBRUARY 1, 2023

As media investigations reignite the debate on the viability of carbon offsets, academics argue for wider stakeholder engagement and changes to carbon accounting approaches to build robustness. Greta Thunberg said it showed “the ugly truth of carbon offsetting”.

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Chris Hall

MARCH 31, 2023

End-to-end rules for integrity To further improve transparency and restore trust in VCMs, running alongside the VCMI’s guide for buyers, the Integrity Council for the Voluntary Carbon Market (ICVCM) has published its Core Carbon Core Carbon Principles (CCPs) this week for the supply side to ensure integrity of carbon offset projects.

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Chris Hall

MAY 11, 2022

The majority of global pension funds are in the process of integrating climate goals into their portfolios, with many expecting to tilt their passive strategies toward the goals of the Paris agreement, including via use new index products. But companies remain an issue.

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Carlos Sanchez

DECEMBER 7, 2021

Besides, companies will have to limit the carbon offsetting to a max of 10% of the firm’s emissions. This initiative will incentivize effective carbon emissions programs which invest in energy efficiency, circular programs and renewable energy. 2 – Carbon Offset Markets price Hike.

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Chris Hall

JUNE 7, 2022

At the same time, carbon offsetting has come in for criticism for being a substitute for real climate action, distracting from the challenge of cutting emissions from business and industrial processes in line with the targets set out in the Paris Agreement to limit global warming. .

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Carlos Sanchez

DECEMBER 17, 2020

Then, the organization can balance out the remaining emissions by investing in projects that remove emissions (carbon sinks). After the signature of the Paris Agreement in 2015, science has become widely accepted. Therefore, companies have increasingly focused on reducing carbon emissions. 4 – Report progress.

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Chris Hall

OCTOBER 26, 2022

The difficulties of replacing fossil fuels will make it hard for the commercial air sector to reduce its greenhouse gas (GHG) emissions in line with the Paris Agreement as global consumer demand for continues to accelerate. . Lack of viable fossil fuel alternatives a key ESG risk for investors, according to Morningstar. .

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Corporate Knights

AUGUST 16, 2023

Carbon credit investment is going through an “ethical shakedown,” said Ivan de Klee, the head of natural capital at the U.K.-based There is a “cry for integrity” for real data, rather than modeling-based carbon offset options, de Klee added. based nature recovery investment company Nattergal.

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Stanford Social Innovation

MARCH 30, 2022

The reasoning is simple: A traditional carbon offset only prevents additional CO 2 from entering the atmosphere (instead of removing already-emitted CO 2 ). As a result, since it does not physically undo the emissions of the purchaser, there is no quantity of traditional offsets that can, at scale, get the world to net-zero.

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Corporate Knights

MARCH 10, 2022

Carbon markets are trading systems through which countries, businesses, individuals or other entities buy or sell units of greenhouse gas emissions. These markets facilitate carbon offsetting — compensating for carbon dioxide emissions in one location by reducing or removing emissions elsewhere. Communities at risk.

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Chris Hall

MAY 4, 2022

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . C of global warming promised by signatories of the Paris Agreement. . Throwing down the gauntlet

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Corporate Knights

MARCH 20, 2023

By contrast, the report makes no mention of risky and controversial attempts at solar radiation management (SRM) and leaves out any reliance on carbon offsets. Its only reference to nuclear electricity is in the chart showing its low emission reduction potential and high cost through 2030. The dangers of overshooting 1.5°C

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