Climate 411

Selected tag(s): Climate Week NYC

VCM 2.0: Navigating High-Integrity Carbon Markets for Corporate Impact

By Pedro Martins Barata and Jordan Faires / Published: September 18, 2024

Ecuadorian Amazon/ EDF 2022

2024 marks a pivotal moment for carbon markets as the voluntary carbon market (VCM) transitions into its next phase: VCM 2.0, a high-integrity, high-impact market that has the potential to reshape how we tackle climate change.  But what does this mean for corporate buyers who want to use carbon credits to tackle near-term emissions on their journey to net zero? 

For companies, the path forward is clear: While decarbonizing your own operations and value chain remains the top priority, carbon credits can help you go further by compensating the emissions that are currently unavoidable. But only high-quality, high-integrity credits should be part of that equation.    

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Posted in Carbon Markets, REDD+ / Also tagged | Authors: , / Comments are closed

Climate Week NYC Kicks Off a Critical Window for Climate Action

By Angela Churie Kallhauge / Published: September 13, 2024

2030 is six years away! In these next six years, we have to slash greenhouse gas emissions by 45% to avoid the worst impacts of climate change, according to the United Nations.  

To make the most of these essential years, we need to shift into a higher gear and accelerate the pace of action. The next 18 months of climate decisions are pivotal to set ourselves up for success: 

  • A New Climate Finance Goal at COP29: This November, at the UN’s COP29 in Azerbaijan, nations need to agree on a new global finance goal. This decision-point will determine how much money we must dedicate to support developing countries in taking climate action, and how that money will reach the countries and communities that need it most.   Read More »
Posted in Climate Finance / Also tagged , | Authors: / Comments are closed

Climate Week NYC 2023: A Vital Opportunity to Bolster Climate Action and Improve Lives

By Juan Pablo Hoffmaister / Published: September 13, 2023

September has arrived, and New York City has again become the epicenter of pivotal climate discussions. Climate Week in New York City — happening alongside the United Nations General Assembly (UNGA), the Sustainable Development Goals (SDG) Summit, and the Climate Ambition Summit — provides vital opportunities to bolster cooperation, ambition, and implementation ahead of COP28.  

These gatherings come on the heels of an exceptionally scorching summer, with July 2023 earning the unfortunate distinction of being the hottest month ever recorded. Recent extreme events have cast a glaring spotlight on what the Intergovernmental Panel on Climate Change (IPCC) has warned; climate change is leading to irreversible impacts to nature and communities.    Read More »

Posted in Paris Agreement, United Nations / Also tagged , | Read 1 Response