carboncredits
Matthew Walley's eyes sweep over the large forest that has sustained his Indigenous community in Liberia for generations. Even as the morning sun casts a golden hue over the canopy, a sense of unease lingers. Their use of the land is being threatened, and they have organised to resist the possibility of losing their livelihood. In the past year, the Liberian government has agreed to sell about 10 per cent of the West African country’s land - equivalent to 10,931 square kilometres - to Dubai-based company Blue Carbon to preserve forests that might otherwise be logged and used for farming, the p...
Euronews (English)
MEPs and government negotiators agreed a provisional text of the new Carbon Removals Certification Framework (CRCF) in the early hours of Tuesday (20 February) after protracted back-room talks in Brussels. “It will foster private investment and develop the voluntary carbon markets while respecting climate integrity and preventing greenwashing,” said Lidia Pereira (Portugal/EPP), who headed the European Parliament’s team. Under the deal, to qualify as a permanent carbon removal, sequestered CO2 must be disposed of in a way that is presumed to keep it out of the atmosphere for at least several c...
Euronews (English)
The carbon finance community recently welcomed the launch of a new code of practice to rebuild trust in “high-integrity” carbon credits, designed to help governments and businesses (or even individuals) accelerate their transition to ‘net zero’ emissions. Released by the Voluntary Carbon Markets Integrity Initiative (VCMI), this additional guidance enables buyers to make claims more credibly about their use of high-quality carbon credits. Simultaneously, the Integrity Council for the Voluntary Carbon Market (ICVCM) is addressing the supply of high-quality carbon credits by setting rigorous thr...
Euronews (English)
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