NEWS
Carbon market news
Headlines on carbon markets and carbon pricing worldwide, gathered from publishers’ feeds and updated through the day. We show the headline and a short summary; every story links to the original publisher. How this feed works
22 matching headlines
- Climate Home NewsNews outlet
“House of cards”: Verra used junk carbon credits to fix Shell’s offsetting scandal (opens Climate Home News in a new tab)
The registry used nearly one million bogus carbon credits to compensate for failed Shell-linked China rice offsets, raising concerns over its rules
- Climate Home NewsNews outlet
Zimbabwe forest carbon megaproject generated millions of junk credits (opens Climate Home News in a new tab)
Verra is seeking compensation for offsets issued "in excess" by the controversial Kariba REDD+ scheme. But the registry's track record in obtaining remedies raises concerns
- Climate Home NewsNews outlet
EU Commission proposes allowing carbon offsets to help meet 2040 climate goal (opens Climate Home News in a new tab)
Campaigners accuse the European Commission of adding "loopholes" and "distractions" to the 90% emissions reduction target
- Climate Home NewsNews outlet
Carbon credit auditors suspended for failures in sham rice-farming offsets (opens Climate Home News in a new tab)
Verra has taken unprecedented action against four certification bodies that overlooked integrity problems with the projects. But the worthless credits still need to be compensated
- Climate Home NewsNews outlet
Most cookstove carbon credits ruled out of quality scheme in integrity push (opens Climate Home News in a new tab)
The Integrity Council for the Voluntary Carbon Market has rejected widely used rulebooks for cleaner cooking, which will require projects to switch to more rigorous methods
- Climate Home NewsNews outlet
Shell dodges paying compensation for sham carbon credits in China (opens Climate Home News in a new tab)
The energy giant exited the failed projects after Verra asked for redress, but a legal expert says Shell should be held responsible
- Climate Home NewsNews outlet
Experts quit carbon market watchdog in row over quality label for forest credits (opens Climate Home News in a new tab)
Two ICVCM expert advisors have resigned from their positions over what they called a "problematic precedent" set with the REDD+ decision
- Climate Home NewsNews outlet
Verra’s plan to review carbon credits faster with fewer staff raises integrity concerns (opens Climate Home News in a new tab)
Verra's new CEO said that "faster does not equal to compromise on integrity" - but independent carbon market experts are sceptical
- Climate Home NewsNews outlet
Guyana’s carbon-credit deal to protect forests undermines its forest protectors (opens Climate Home News in a new tab)
Guyana’s Indigenous communities are under siege from all sides - including an opaque carbon-offsetting scheme agreed by the government on our lands
- Climate Home NewsNews outlet
Verra axing of Shell’s rice-farming carbon credits in China fuels integrity fears (opens Climate Home News in a new tab)
The carbon market standard found "serious" quality issues with the projects, prompting questions about their initial approval
- Climate Home NewsNews outlet
Renewable-energy carbon credits rejected by high-integrity scheme (opens Climate Home News in a new tab)
The Integrity Council for the Voluntary Carbon Market decided existing renewables methodologies don't do enough to prove their emissions reductions are additional
- Climate Home NewsNews outlet
Exposed: carbon offsets linked to high forest loss still on sale (opens Climate Home News in a new tab)
Project owners in Cambodia and Brazil are selling carbon offsets to Uber, Marathon and ArcelorMittal despite an uptick in deforestation
- Climate Home NewsNews outlet
As Guyana shows, carbon offsets will not save the Amazon rainforest (opens Climate Home News in a new tab)
With all their flaws, carbon offsets are not the solution to deforestation of the Amazon rainforest - leaders should acknowledge that
- Climate Home NewsNews outlet
Verra boss steps down after criticism of its carbon credits (opens Climate Home News in a new tab)
The carbon credit certifier has both grown rapidly and faced mounting integrity accusations during outgoing CEO's tenure.
- Climate Home NewsNews outlet
Verra’s revamped forest offset programme comes under fire (opens Climate Home News in a new tab)
Verra picked a controversial carbon credit verifier to review its new forest offset rules and critics say the changes don't fix the problem
- Climate Home NewsNews outlet
Carbon credit rule-makers must engage Indigenous People (opens Climate Home News in a new tab)
Indigenous people protect the forests but the organisation writing up a rule-book for high-quality carbon offsets has not adequately consulted them
- Climate Home NewsNews outlet
Revealed: How Shell cashed in on dubious carbon offsets from Chinese rice paddies (opens Climate Home News in a new tab)
Shell's rice farming offset projects are under review. Climate Home found them riddled with accounting loopholes and questionable integrity claims.
- Climate Home NewsNews outlet
World Bank backs carbon credit blockchain registry to attract crypto investors (opens Climate Home News in a new tab)
The World Bank wants to direct the NFT craze towards projects that cut emissions and improve the transparency of carbon offset markets
- Climate Home NewsNews outlet
Make polluters pay for climate adaptation, voluntary carbon market body proposes (opens Climate Home News in a new tab)
An adaptation levy on carbon credits could raise up to $2.5bn a year by 2030, providing more predictable support for climate vulnerable countries
- Climate Home NewsNews outlet
Data exclusive: The ‘junk’ carbon offsets revived by the Glasgow Pact (opens Climate Home News in a new tab)
Analysis for Climate Home identifies hundreds of problematic projects that could be used to greenwash national and corporate climate plans
- Climate Home NewsNews outlet
Australian carbon traders defend troubled offset market against whistleblower claims (opens Climate Home News in a new tab)
Policy upheaval and stark criticism of the quality of carbon offsets from a former official have thrown Australia's ability to deliver on carbon targets into doubt
- Climate Home NewsNews outlet
Carney, Kyte oversee carbon offset rules to address greenwashing concerns (opens Climate Home News in a new tab)
Two initiatives will release standards for the voluntary carbon market this year, while campaigners denounce offsetting as a "scam" that delays real climate action