Carbon Controversy: Corporate climate action watchdog’s new decision regarding use of offsetting causes backlash

Without sufficient guardrails and stringent oversight, there is a risk of writing off the responsibility of businesses to actually reduce the …

Carbon capture plants are underperforming — why are we so optimistic about them?

IPCC noted that CCS has the highest cost and lowest possible contribution to net emission reduction in both energy and industry sectors

Aggressive expansion of carbon offset deals in Africa, island states raises crucial questions

Projects covering 10% of Zambia & Liberia’s land have been signed with a UAE-based company  

COP28 Recap: Nations failed to reach consensus on Article 6 for regulating carbon markets

Among other risks, a further delay in operationalising Article 6 could mean voluntary carbon markets and discretionary bilateral arrangements …

IEA World Energy Outlook 2023: Fossil fuel demand to peak by 2030, urgent investment shift needed

Report calls for a balancing act, recommends maintaining fossil fuels backing

Article 6.2 of Paris Agreement in action: A growing number of countries are entering carbon market partnerships

Over two dozen bilateral agreements have been signed since 2020

Irregularities, fraud prompt countries to tighten grip on voluntary offset markets

The demand for offsets, however, is not likely to decline any time soon

Fossil fuel industry’s posturing in climate debate: OPEC gets COP28 pavilion

Report by group of countries exporting oil predicts 16-million-barrel-a-day increase in oil consumption through 2045, contradicting IEA claims

Long-awaited norms to tackle carbon market irregularities fall short, lack efficacy

ICVCM’s assessment framework fails to put robust checks on the voluntary carbon market

COP28 head calls for ramping up renewables, carbon capture and climate finance

Comments indicate a focus on abatement technologies at Dubai summit over fossil phase-out

Decoding carbon markets: Role of intermediaries in the web of transactions

Rising interest in carbon markets has increased the number of intermediaries and stakeholders involved

Voluntary carbon market governance body proposes regulations to stamp out greenwashing

Exaggerated claims of offset, opaque market practices, conflict of interest and the appropriation of credits for greenwashing have been …