Carbon Market News

All eyes will be on oil-rich United Arab Emirates for the next few weeks as it plays host to the UN’s COP28 climate summit. For the 8th year in a…

“Humanity has opened the gates to hell by allowing the climate crisis to worsen”, said Antonio Guterres, UN Secretary-General at the U.N. Climate Ambition Summit in September. This year, 2023,…

Offsetting the carbon emissions released when we fly in a jet or when a company ships its products is one, albeit increasingly controversial, way to address the climate-warming consequences of…

It’s been called a “new scramble for Africa”: a modern incarnation of European powers’ 19th century imperial seizure of vast swathes of Africa. Under the guise of fighting the climate…

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…

Intact forests play a vital role in tackling the climate crisis by absorbing and storing carbon. Still, there’s uncertainty around their true carbon-capturing potential, and previous efforts to quantify it…

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…

New revelations around a carbon deal in Malaysian Borneo criticized for its opacity have led to further calls for clarity and transparency about the project. Two international carbon credit project…

JAKARTA — The Indonesian government has recognized community claims to ancestral forests in the Sumatran province of Aceh for the first time in history. In September, the Ministry of Environment…

Earlier this month Paraguay approved new regulations meant to improve the country’s carbon credit market and attract more international interest. But the regulations have also raised concerns about land ownership…

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.

JAKARTA — Indonesia has just launched its first carbon emissions trading market in a bid to fight climate change. The Southeast Asian country is one of the world's top 10…

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”…

Tanzania’s Eastern Arc Mountains, home to nearly 5,000 different plant species and dozens of amphibians unique to each isolated massif, provide the world with ecosystem services worth more than $8…

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…

LABASA, Fiji — Jerry Lotawa knows his forest. He was raised in the tiny settlement of Drawa, a village of 11 brightly painted houses tucked high in the mountains of…

LABASA, Fiji — No one finds their way to the village of Drawa by accident. To get there, you must first board a tiny plane to Labasa, the biggest town…

Rapidly transitioning the world’s vehicle fleet to fully electric could significantly cut greenhouse gas emissions from transportation, but also dramatically increase demand for critical battery metals like lithium, nickel and…

Brazil’s Senate is expected to vote this month on a bill introducing a cap-and-trade carbon market aimed at regulating industry emissions.

MONDULKIRI, Cambodia — In a rare win for conservationists and Cambodia’s Indigenous communities, the Ministry of Environment has opted to suspend a planned marble mining operation within a wildlife sanctuary…

How much does it cost to protect the Congo Rainforest? Where does the money come from? Who pays and how is that money used? What models of forest protection work?…

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…

“There is no Planet B,” French President Emmanuel Macron declared to an audience of officials and Indigenous landowners at a conservation event in Papua New Guinea on July 28. Macron's…

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.

A recent agreement will allow the Brazilian state of Tocantins to sell carbon credits to Swiss oil-trading company Mercuria.

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…