«Its insightful report on the future
of voluntary carbon offsets had this to say: «Australia has shifted rapidly on international and domestic climate policy since the election of the Rudd Labor Government in November 2007.
In order to ensure ClimateCare can always meet and exceed its clients» carbon offset requirements, the Voluntary Portfolio Manager must always have access to new projects and programmes to match up to client requirements, and manage the flow of funds to those projects via the purchase
of voluntary carbon credits.
In addition we reduce our emissions to net zero for the Group through the purchase
of voluntary carbon offsets.
The role will require development of a broad understanding
of the voluntary carbon market, active and focused engagement with the supplier network and application of the knowledge gained to ensure ClimateCare can always provide the best portfolios to our clients and prospects in the short and longer term.
Carbon Trade Exchange (CTX), the world's first web - based electronic platform for spot trading
of voluntary carbon credits, and the American Carbon Registry (ACR), the first U.S. carbon offset standard organization and project registry, will interface to trade ACR's entire range of diverse credits.
Also in California, ARB announced its plans to tap the experience and innovation
of the voluntary carbon market to help build and implement its offset program.
Yesterday, we released our annual survey
of the voluntary carbon markets, which takes stock of what individuals, corporations, and governments have been doing to offset their greenhouse - gas emissions until the Paris Agreement takes effect — which could happen as early as next year.
Québec City, September 19, 2017 — Solifor Perthuis, a partnership between Solifor (an initiative of the Fonds de solidarité FTQ) and Scierie Dion & Fils, have completed the sale of 140,000 tonnes
of voluntary carbon credits to Just Energy and TD Bank Group.
The study uses $ 4.4 per tonne as its lowest estimated price — based on the average historical price
of a voluntary carbon offset developed under the American Carbon Registry (ACR).
The Regional Analysis examines the geography
of voluntary carbon markets — where offsets are produced, how prices, project types, and standards vary by location, as well as developments shaping the carbon market in each region.
Two companion mini-reports take a closer look at two aspects
of the voluntary carbon market.
One approach is passing the carbon cost on to passengers in the form
of voluntary carbon offset purchases.
The urgency of the challenge has prompted a number of new initiatives from business - oriented environmental groups that aim to reassess — and reimagine — the role
of voluntary carbon offsetting in helping to generate the finance needed to protect the climate.
No one claims that carbon markets alone will fix the climate mess, but they do have a role to play, and its a role we hope to understand a bit more after this week, we thanks to two new surveys — one focused explicitly on the motives and strategies
of voluntary carbon buyers, and the other focused on the specific ways that voluntary carbon markets are being utilized in different parts of the world.
In 2014, ICROA and Imperial College conducted a research study into the socio - economic impacts
of the voluntary carbon market.
Therefore, it offers a cost effective way of evaluating the co-benefits
of voluntary carbon projects.
Our work has played an important role in the development
of the voluntary carbon market and our project principles have widely influenced the debate about what counts as a valid carbon offset.
The Verified Carbon Standard (VCS) is a global standard for the validation and verification
of voluntary carbon emission reductions.
Atop a pleather stool cushion, a round painting of leucaena leucocephala, the first tree species to be deployed en mass to combat climate change, is stickered with certified receipts
of the voluntary carbon offsets purchased by Assiff to cover his footprint in creating the show.
Not exact matches
Generate resources, financial or otherwise, for indigenous coffee farmers as a result
of selling verified emissions reductions on the
voluntary carbon market, and by selling Climate - friendly branded coffee.
One step would be stress testing, engaging pension funds and companies to examine if they hold
carbon - intensive assets on their books, said Martin Skancke, who spoke on the first panel and is chairman
of the Advisory Council
of Principles for Responsible Investing, a U.N. - supported initiative that has helped formulate a widely followed
voluntary protocol
of responsible investment criteria.
NGOs, World Bank look to «blue» portfolios Although Siikamäki's study ties successful conservation to the price
of offsets in mandatory and
voluntary carbon markets, the researchers also took into account other benefits unrelated to
carbon, like maintaining species diversity.
Prices on the
voluntary carbon market are likely too low for this method to attract the interest
of most U.S. farmers in the near term, Robertson said.
But by putting the targets into law and mandating a set
of regulations — including requiring 35 percent
of the country's electricity to come from clean sources by 2024; establishing a
voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest
carbon polluting sectors to report their emissions — they said the results could be groundbreaking.
Regardless
of who may be right, projections for both the
voluntary and regulated
carbon markets are only headed in one direction: upwards.
It shows a total
of 65 million tonnes
of carbon were traded on the
voluntary market in 2007, worth a total
of $ 331 million.
And
voluntary carbon markets seem likely as a source
of financial support for coastal ecosystem conservation and restoration activities.
Summarizes GAO's prior work examining (1) the challenges in ensuring the quality
of carbon offsets in the
voluntary market, (2) the effects
of and lessons learned from the Clean Development Mechanism (CDM), an international offset program, and (3) matters that the Congress may wish to consider when developing regulatory programs.
I know that people love to talk about all the opportunities that exist in the field
of reducing
carbon, but I can't imagine any scenario in which
voluntary market - based solutions could produce a useful result in a sufficiently short time frame.
He reports on a new «
voluntary carbon standard» intended by its developers to increase confidence that a ton
of avoided climate - warming emissions is real.
It is by this lack
of specific demands on govt that CoP21 in Paris is on track to discuss merely short - term
voluntary «pledges», with the US refusing to discuss the requisite framework for the equitable and efficient allocation
of tradable national emission rights under a declining global
carbon budget.
While there's not much
of a prospect for an expanding global market in hard
carbon credits like those created under the ailing Kyoto Protocol, this system provides a
voluntary means for people or businesses concerned with both climate change and ending energy poverty to have their money do double duty.
The business leaders, clearly addressing the US, which is the now the only and largest emitter
of greenhouse gases not to have signed Kyoto or pledged to support a new protocol since the newly elected Australian PM stated he will sign, urge policymakers here to move away from a vague
voluntary approach on
carbon standards to a mandatory standard.
As things stand now, our
carbon markets in California and Chicago are
voluntary, resulting in low prices per ton compared to Europe ($ 5 instead
of $ 25) and little activity.
«Some
voluntary programs are even writing the rules for regulated
carbon markets as governments outsource a growing list
of market functions to independent bodies — leaning on their accumulated experience with
carbon offset projects.»
Several other nations are not be far behind, including Costa Rica, the Republic
of Korea and most recently South Africa — which could consider allowing offsets
of voluntary origin for use under its proposed
carbon tax.
Sofidel Group (known in Italy mainly for its Regina brand) is re-launching its commitment to the environment by broadening its agreement with WWF's Climate Savers, based on the
voluntary definition
of substantial reduction plans for
carbon dioxide emissions through the implementation
of innovative strategies and technologies.
Beyond implementing national pilots to engage the private sector in
carbon offsetting, some
of these governments also view their «
voluntary» programs as the first step toward developing national climate action plans and regulated
carbon marketplaces.
With the future
of an international climate agreement still in flux, governments worldwide are turning to markets for
voluntary carbon offsetting to engage private sector climate actors — and to inform or provide the tools that could shape tomorrow's regulated
carbon markets.
Demand for
carbon offsets on the
voluntary market grew 14 % last year to 87 million offsets, according to Ecosystem Marketplace's Ahead
of the Curve: State
of the
Voluntary Carbon Markets 2015 report, released last week.
All three are among more than 20 national and sub-national governmental agencies around the world that have incorporated
voluntary climate - change solutions into their formal strategies — creating in the process a means
of developing the tools and procedures that will be needed in a low -
carbon economy.
In both the
voluntary carbon market and California's regulated
carbon market, ACR oversees the registration and verification
of carbon offset projects following approved
carbon accounting methodologies or protocols and issues offsets on a transparent registry system.
In the
voluntary market, ACR oversees the registration and independent verification
of projects that meet ACR Standards and follow ACR approved
carbon accounting methodologies, which ensure accuracy, precision and rigor in the measurement, monitoring and
Founded in 1996 as the first private
voluntary registry in the world, ACR has 15 years
of experience in the development
of rigorous, science - based
carbon offset standards and methodologies as well as in
carbon offset issuance, serialization and transparent online transaction and retirement reporting.
With the promise
of revenue from
carbon offsets, a methane gas collection and control system at the Bi-County Municipal Landfill was built as a completely
voluntary action.
To reduce methane, a greenhouse gas over 20 times more potent than
carbon dioxide, farmers in California and the Mid-South implemented a variety
of groundbreaking
voluntary conservation practices that included alternate wetting and drying and early drainage
of their fields as well as crop residue management.
Developments in international policy, new standards and the promise
of future demand from the aviation industry are pushing the
voluntary carbon market forward, the top firms in Environmental Finance's 2017 rankings say
That year, half a billion dollars» worth
of carbon credit transactions took place in the
voluntary carbon market, according to Ecosystem Marketplace's 2013 State
of Voluntary Carbon Markets Report.
The International
Carbon Reduction and Offset Alliance (ICROA) is a not - for - profit alliance
of leading
carbon reduction and offset providers that provides leadership and a unified voice advocating for rigorous industry standards for the
voluntary carbon market.
The approval
of the Mid-South rice modules therefore marks an important milestone in broadening the opportunities for agriculture producers to participate in
carbon markets, incentivizing adoption
of voluntary emissions reduction practices.