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Showing 1 - 10 of 102 results for "carbon credits"

Three innovations to fix carbon market

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... the member-based group targeting best practice in carbon markets and climate policy. A recent study found some carbon credits may increase emissions, potentially costing billions for businesses that must rely on offsets to comply with the Safeguard Mechanism. ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
Some carbon credits may increase emissions, potentially costing billions of dollars for businesses that must rely on offsets to comply with Safeguard Mechanism. Carbon credits are widely used policy tool to offset the carbon produced by heavy emitters ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
... Simone Constant. "Building on that, we are also thinking about the different parts of it. For example, the use of carbon credits... if you have an entity that advertises itself as being net zero and very green and they get there by carbon credits, is ...

Carbon trading roundup: Verra, REDD+, BetaCarbon

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... in net emissions, but direct abatement needs will rise to 43 million tonnes per year by 2035. Insurance-wrapped carbon credits brought to market An Australian trading house is set to begin offering insurance-wrapped voluntary carbon credits. BetaCarbon ...

New Forests invests in Thai peat forest

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... suitable for a carbon project and according to projections, has the potential to generate on average over 500,000 carbon credits per year, New Forests said. "Nature underpins our communities and our culture with this iconic peatland providing food, shelter ...

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... expected to rise from 39% in 2013 to 62% of world plantation production by 2050. In addition, the demand for voluntary carbon credits in 2030 could rise by a factor of 13, based off the size of the market in 2021. We believe that investment in sustainable ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
... offers funding to projects with the potential to curb emissions. The scheme allows any organisation to purchase carbon credits, not just businesses included in China's compulsory trading market the national Emissions Trading Scheme (ETS), state-owned ...

Growing scope for investing in natural capital: bfinance

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... continue in 2024. bfinance has released Natural Capital Investing: An Introduction to Forestry, Agriculture and Carbon Credits, a study on the sector and the three major categories of natural capital assets. "Outside of the obvious positive ESG aspects ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... for participants to develop Australia's first carbon exchange in 2021, with ASX one of 27 to apply. "Demand for carbon credits continues to increase with government policy focused on emissions levels and corporates seeking to develop compliance measures ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... Australia's "abundant and rich natural capital assets" are ready to be utilised towards unlocking the supply of carbon credits and accelerating carbon sequestration opportunities. Heechung Sung, CEFC head of natural capital said "natural capital assets ...
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