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A Nigerian state teams up with OYU and Europa Carbon to tackle climate change and boost revenue.
OYU's flagship clean cooking carbon project has been recognized in International Journal of Energy for a Clean Environment.
Oyu Green drives climate solutions at COP29 as Party Overflow Negotiator.
Oyu Green provides cleaner cooking and healthier living for Himalayan communities
At COP28, Oyu Green pushes for stronger climate action and commitments
Oyu Green leads a mission to restore 10,000 hectares of Indian land.
Oyu Green validates cookstove projects in India, ensuring carbon reductions.
Innovative carbon financing is driving the restoration of boreal and temperate forests, enhancing carbon storage and biodiversity. Projects in Canada and Norway exemplify successful models of environmental stewardship funded through carbon credits.
The Integrity Council for the Voluntary Carbon Market (ICVCM) has endorsed new rules for generating carbon offsets through forest preservation, aiming to improve the controversial REDD+ category. This endorsement is expected to enhance the credibility of carbon credits.
Under the leadership of Michelle Tan, Singapore is improving its carbon exchange market, making it more accessible, transparent, and accurate. Initiatives like the Carbon Market Alliance and the Singapore Emission Factors Registry are set to strengthen the ecosystem of carbon services and trading.
Australian farmers are engaging in carbon farming projects, improving land management practices to sequester carbon and earn Australian Carbon Credit Units (ACCUs). These initiatives not only enhance soil health and water retention but also provide a financial safeguard for the future.
The Commodity Futures Trading Commission (CFTC) plans to release guidelines for carbon credit derivatives, aiming to enhance market transparency and integrity. This move is expected to boost confidence and participation in carbon markets.
Between 2010 and 2022, India issued a total of 278 million credits in the voluntary carbon market, accounting for 17% of the global supply. This growth reflects India's active participation in global carbon offset initiatives.
Ecosystem Marketplace published its annual report, providing a comprehensive overview of the global supply and demand of voluntary carbon credits. The report highlights a market-wide shift towards high-integrity, high-quality carbon credits.
The new US Voluntary Carbon Markets Joint Policy Statement and Principles aim to enhance market transparency, regulation, and integrity, fostering trust and participation in carbon markets. This initiative supports domestic transitions to cleaner energy.
BloombergNEF reports that ongoing scrutiny and reputational issues made 2023 challenging for the voluntary carbon market. However, 2024 is set to be a determining year, with potential for significant growth if confidence is restored.
Researchers propose an efficient digital methodology combining remote sensing data and blockchain technology to create new digital carbon assets. This approach aims to bring scale and trust to the voluntary carbon market.
