Carbon finance

InfiniteEARTH's Rimba Raya Biodiversity Reserve Becomes World's First REDD+ Project verified under the Verra Sustainable Development Verified Impact Standard and achieves highest rating, contributing to all 17 UN SDGs

Monday, September 21, 2020 - 10:17pm

Verra, a Washington, DC-based non-profit organization, known for developing and managing the world's most widely used voluntary greenhouse gas (GHG) program, the Verified Carbon Standard (VCS).

Key Points: 
  • Verra, a Washington, DC-based non-profit organization, known for developing and managing the world's most widely used voluntary greenhouse gas (GHG) program, the Verified Carbon Standard (VCS).
  • Under SD VISta, projects must quantifiably demonstrate, to a third-party assessor, which of the United Nations' Sustainable Development Goals (SDGs) the project contributes to.
  • InfiniteEARTH has created economic incentives for the preservation of tropical peat land forests through its development and sales of carbon credits.
  • The sustainable revenue stream from carbon credit sales supports local community development, provincial government infrastructure, and project area protection.

General Mills to Reduce Absolute Greenhouse Gas Emissions by 30% Across its Full Value Chain Over Next Decade

Monday, September 21, 2020 - 8:12pm

General Mills announced a pledge to reduce absolute greenhouse gas emissions by 30 percent across its full value chain from farm to fork to landfill over the next 10 years1.

Key Points: 
  • General Mills announced a pledge to reduce absolute greenhouse gas emissions by 30 percent across its full value chain from farm to fork to landfill over the next 10 years1.
  • General Mills was the first company to publish a goal approved by the SBTi in 2015.
  • In 2019, General Mills made a commitment to advance regenerative agriculture on 1 million acres of farmland by 2030.
  • Between 2005 and 2015, General Mills reduced its manufacturing GHG emission rate by 23% and its absolute emissions by 11% while net sales rose 57%.

L3Harris Technologies Signs Renewable Energy Agreement as Part of Effort to Reduce Greenhouse Gas Emissions

Monday, September 21, 2020 - 2:00pm

L3Harris Technologies (NYSE:LHX) has entered into a long-term virtual power purchase agreement for renewable energy to help reach its emissions reduction goal.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) has entered into a long-term virtual power purchase agreement for renewable energy to help reach its emissions reduction goal.
  • The company plans to reduce its greenhouse gas (GHG) emissions companywide by nearly 30% by 2026.
  • The company will receive renewable energy certificates from the solar project to reduce GHG emissions from its overall operations.
  • The renewable energy agreement is part of our broader sustainability strategy to reduce greenhouse gas emissions and our overall environmental impact.

Arçelik becomes carbon-neutral in global production operations

Monday, September 21, 2020 - 10:44am

Having committed to the SBTi in 2017, Arelik continues its efforts on finalizing its global Scope 1-2-3 emission reduction targets.

Key Points: 
  • Having committed to the SBTi in 2017, Arelik continues its efforts on finalizing its global Scope 1-2-3 emission reduction targets.
  • - 2030 target: Purchasing 100% of electricity from documented renewable sources in global production plants, where market allows.
  • 84% of total GHG emissions generated by Arelik global plants have been verified by BSI, an independent third party in 2019.
  • GHG emissions from South Africa-Wilsonia, Thailand, Pakistan and Romania washing machine production plants are not verified by an independent third party and the data is based on Arelik declarations.

Arçelik becomes carbon-neutral in global production operations

Monday, September 21, 2020 - 10:38am

Having committed to the SBTi in 2017, Arelik continues its efforts on finalizing its global Scope 1-2-3 emission reduction targets.

Key Points: 
  • Having committed to the SBTi in 2017, Arelik continues its efforts on finalizing its global Scope 1-2-3 emission reduction targets.
  • - 2030 target: Purchasing 100% of electricity from documented renewable sources in global production plants, where market allows.
  • 84% of total GHG emissions generated by Arelik global plants have been verified by BSI, an independent third party in 2019.
  • GHG emissions from South Africa-Wilsonia, Thailand, Pakistan and Romania washing machine production plants are not verified by an independent third party and the data is based on Arelik declarations.

Article - Plenary highlights: State of the EU, Covid-19, recovery plan

Saturday, September 19, 2020 - 12:06am

Emissions from ships and cars

Key Points: 
  • Emissions from ships and cars

    Parliament voted on Wednesday to include CO2 emissions from maritime transport in the EU Emissions Trading System.

  • Ships must also contribute to climate neutrality, argued MEPs.
  • Roma integration

    Romani people in Europe suffer the highest rates of poverty and social exclusion, MEPs pointed out in a resolution on Thursday.

  • They called on EU countries to do more to ensure access to education and early childhood development and end discrimination and segregation.

Sharpest decrease of the decade in EU’s greenhouse gas emissions in 2019, before impacts of COVID-19

Friday, September 18, 2020 - 4:08pm

The EEAs approximated greenhouse gas inventory shows that the EUs total emissions decreased by close to 4 % in 2019, compared with 2018.

Key Points: 
  • The EEAs approximated greenhouse gas inventory shows that the EUs total emissions decreased by close to 4 % in 2019, compared with 2018.
  • This reduction puts the EU emissions approximately 24 % below 1990 levels (26 % if the United Kingdom is included).
  • EU emissions have remained consistently below the 20 % reduction target for 2020 since 2014.
  • The EEA will publish the first detailed data on the EU's 2020 greenhouse emissions in the autumn of 2021.

Worldwide Route Optimization Software Industry to 2025 - Featuring Trimble, Caliper & Descartes Systems Among Others - ResearchAndMarkets.com

Friday, September 18, 2020 - 3:59pm

Logistics is estimated to contribute over 10% of the total carbon emission by the company.

Key Points: 
  • Logistics is estimated to contribute over 10% of the total carbon emission by the company.
  • The company has been focusing on reducing 30% CO2 emission through logistics by the end of 2020.
  • Spelthorne Borough Council, England, mentioned adopting route optimization software for its kerbside collection services.
  • With this implementation, the department was able to achieve a reduction in CO2 emission by up to 30% and driving time.

Women's Empowerment Meets the Carbon Credits Space With A New Avenue of Financial Resources for Women

Friday, September 18, 2020 - 3:00pm

Based in Washington, DC this global leader is a non-profit organization that manages standards for reducing GHG emissions, improving livelihoods and protecting natural resources.

Key Points: 
  • Based in Washington, DC this global leader is a non-profit organization that manages standards for reducing GHG emissions, improving livelihoods and protecting natural resources.
  • The W+ Standard, created by WOCAN, is the first women-specific standard that measures women's empowerment in a transparent and quantifiable manner, that gives a monetary value to results and creates a new channel to direct financial resources to women.
  • The W+ Standard measures six domains that are critical for women's empowerment: Time savings, Income & Assets, Health, Leadership, Education & Knowledge and Food Security.
  • Wonderbag sold its first VER's to Microsoft in 2012 and continued to sell carbon across the world, even when carbon markets collapsed.

Over 120 Energy Efficiency projects set to move ahead for schools in Manitoba thanks to carbon pollution pricing proceeds

Thursday, September 17, 2020 - 7:12pm

Each project will help schools save money, reduce energy costs and enable them to actively take part in Canada's climate plan.

Key Points: 
  • Each project will help schools save money, reduce energy costs and enable them to actively take part in Canada's climate plan.
  • Through this funding, schools in Manitoba will benefit from better-insulated windows, newer heating and cooling systems and other energy efficiency projects.
  • This funding comes from the proceeds from the federal carbon pollution pricing system, which invests in projects that reduce carbon pollution, save money, and create good, green jobs.CAIF programming was launched in May 2019 and returns carbon pollution pricing proceeds to the jurisdictions from which they were collected.
  • All direct proceeds raised from the federal carbon pollution pricing system are being returned to the province where they were collected.