Verra, the world’s largest certifier of carbon credits, has released an update for calculating the climate benefits of the REDD forest conservation projects it certifies. The U.S.-based nonprofit said the…
The Pacific Forest of Ecuador holds a unique conflagration of ecosystems: Verdant cloud and mossy evergreen forests transition into semideciduous and dry forests closer to the coast that exist in…
At the COP28 climate summit set to be held in the oil-rich United Arab Emirates later this month, carbon markets are sure to be high on the agenda. And some…
With plastic pollution littering the planet, certification organizations are popping up to sell “plastic credits” to companies, allowing them to offset the plastic they make and use with equivalent plastic waste collected and reused. Critics are skeptical.
The United Nations consistently champions global climate action, urging nations across the globe to adopt commitments to reducing emissions. The intergovernmental organization has proclaimed itself 95% or more “climate neutral”…
The UN claims to be almost entirely climate neutral, yet that claim is based on buying millions of carbon offset credits that experts say do little to reduce greenhouse gas…
PHNOM PENH, Cambodia — A flurry of subdecrees released through the end of July and early August show that the Cambodian government has approved he addition of more than a…
A study has found that the vast majority of the carbon credits from a set of forest conservation projects on three continents aren’t “offsetting” the emissions of the companies and…
Liberia is set to hand over control of nearly 10% of its total land mass to a United Arab Emirates-based firm in a massive million-hectare carbon credit deal that’s drawing…
Supporters of an embattled carbon deal in the Malaysian Bornean state of Sabah have publicly resumed efforts to bring the 2-million hectare (4.9 million-acre), 100-year agreement into force. "This initiative…
The Rainforest Foundation UK claims that all the leading carbon credit verification schemes have allowed millions of credits to enter the voluntary carbon market which do not accurately represent reductions in greenhouse gas emissions.
The founding CEO of the world’s most prominent standards organization for carbon credits sold on voluntary markets will step down. David Antonioli will leave the U.S.-based nonprofit standard-setting organization Verra…
A group of Indigenous-led organizations released a letter May 9 supporting forest protection efforts known collectively as REDD+ projects. They argue that REDD+, short for “reducing emissions from deforestation and…
In part of the world’s first nationwide distribution of carbon credits, the government of Guyana announced Indigenous communities will receive millions as it signed off on a $750 million carbon…
A carbon credit program in a prominent national park in Peru appears to have failed at preventing significant deforestation, raising questions about whether officials in charge of the program inflated…
An independent governance body has released a set of rules aimed at boosting the “integrity” of the global carbon market for the exchange of credits meant to address the climate…
Carbon offset certifier Verra has suspended issuance of credits from an award-winning project in Kenya, Mongabay has learned, after serious questions were raised about its validation and methodology. Indigenous rights…
Only about 10% of the exchanges, brokers, resellers and cryptocurrency vendors that buy and sell voluntary carbon market credits share the precise commissions and profits they make in these exchanges,…
Eight conservation and Indigenous organizations have released a detailed guide for companies looking to invest in tropical forest carbon credits. The groups first published the Tropical Forest Credit Integrity (TCFI)…
To achieve the goals of the 2015 Paris Agreement on climate change, we must drastically reduce our dependence on fossil fuels, decreasing our reliance on coal, oil and gas by…
Corporations see investments in voluntary carbon markets as a key part of their climate strategy, according to a new report from the environmental nonprofit Conservation International and the We Mean…
Players in the carbon offset market say they offer a solution to the climate crisis. When an emitter releases carbon in one place, they can support a project elsewhere that…
