Reducing emissions from deforestation and forest degradation

CPP Investments and Conservation International to invest in nature-based climate solutions

Retrieved on: 
Tuesday, October 5, 2021

TORONTO and ARLINGTON, VA, Oct. 5, 2021 /PRNewswire/ - Canada Pension Plan Investment Board ( CPP Investments ) and Conservation International today announced a new partnership to invest in nature-based climate solutions.

Key Points: 
  • TORONTO and ARLINGTON, VA, Oct. 5, 2021 /PRNewswire/ - Canada Pension Plan Investment Board ( CPP Investments ) and Conservation International today announced a new partnership to invest in nature-based climate solutions.
  • CPP Investments will initially commit US$20 million and Conservation International will commit US$500,000 to this first-of-kind partnership between a global asset owner and a well-established environmental NGO for investments in nature-based solutions within the voluntary carbon market.
  • In addition to these REDD+ projects, the partnership will also invest in other innovations in the field of nature-based climate solutions.
  • Over time, CPP Investments and Conservation International plan to scale the partnership and bring on additional investors to lead large-scale, global development of nature-based climate solutions.

Carbon Streaming Announces Carbon Credit Stream Agreement on the Rimba Raya Biodiversity Reserve and Strategic Partnership With Infinite-EARTH Founders

Retrieved on: 
Tuesday, August 3, 2021

Carbon Streaming Corporation (Carbon Streaming or the Company) (NEO: NETZ) (FSE: M2QA) is pleased to announce that it has entered into a carbon credit streaming agreement (Carbon Stream) with Infinite-EARTH Limited (InfiniteEARTH).

Key Points: 
  • Carbon Streaming Corporation (Carbon Streaming or the Company) (NEO: NETZ) (FSE: M2QA) is pleased to announce that it has entered into a carbon credit streaming agreement (Carbon Stream) with Infinite-EARTH Limited (InfiniteEARTH).
  • InfiniteEARTH is the developer of the industrys flagship REDD+ (Reducing Emissions from Deforestation and forest Degradation) project, the Rimba Raya Biodiversity Reserve Project (the Rimba Raya Project).
  • In addition to the Cash Consideration, the Company will make ongoing payments to InfiniteEARTH for each carbon credit that is sold under the Carbon Stream.
  • It is with great excitement that we announce the Rimba Raya project to Carbon Streamings shareholders.

Platts Launches Nature-Based, Household Devices Carbon Credit Assessments

Retrieved on: 
Tuesday, June 15, 2021

LONDON, June 15, 2021 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, commenced publishing daily carbon credit price assessments that reflect Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projects on June 14, 2021.

Key Points: 
  • LONDON, June 15, 2021 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, commenced publishing daily carbon credit price assessments that reflect Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projects on June 14, 2021.
  • Paula VanLaningham, Global Head of Carbon Pricing, S&P Global Platts, said:"Liquidity in the associated carbon-credit markets has continued to grow and these new Platts assessments of Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projectsbring additional transparency to carbon prices and carbon trading activity.
  • The Platts Household Devices carbon assessment are the first voluntary carbon credit assessments to capture the critical role that standard Sustainable Development Goal co-benefits play in the carbon credit markets."
  • Like the Platts CEC, both the Platts CNC and Platts Household Devices carbon credit assessments reflect projects certified by The Gold Standard, Climate Action Reserve (CAR), Verified Carbon Standard (VCS), Architecture for REDD+ Transactions, and American Carbon Registry (ACR).

FT Live in Partnership with MOSS Presents the Global Carbon Forum June 29 and 30

Retrieved on: 
Monday, May 24, 2021

The event will take place on June 29 and 30, 2021 online at https://globalcarbonforum.live.ft.com/home.

Key Points: 
  • The event will take place on June 29 and 30, 2021 online at https://globalcarbonforum.live.ft.com/home.
  • The Global Carbon Forum, presented by FT Live in partnership with MOSS , is a free online event, interested attendees can register at https://globalcarbonforum.live.ft.com/page/1773846/register-for-free.
  • MOSS has launched the world's first tradable and largest tokenized REDD+ carbon credit project in History, the MCO2 token (MOSS Carbon Credit), for compensation of CO2 footprints.
  • MCO2 is the first truly global carbon credit token that provides ease, transparency, security, liquidity, and global scale compensation for carbon footprints.

Papua New Guinea Slows Rainforest Deforestation after a Decade, According to New UNFCCC Report

Retrieved on: 
Tuesday, March 30, 2021

PORT MORESBY, Papua New Guinea, March 30, 2021 /PRNewswire/ --Papua New Guinea's rainforest conservation efforts successfully slowed the pace of deforestation in 2014-2015, after bringing annual deforestation levels down to an annual average of 0.5% over a thirteen-year period, according to a report published by United Nations Framework Convention on Climate Change (UNFCCC).

Key Points: 
  • PORT MORESBY, Papua New Guinea, March 30, 2021 /PRNewswire/ --Papua New Guinea's rainforest conservation efforts successfully slowed the pace of deforestation in 2014-2015, after bringing annual deforestation levels down to an annual average of 0.5% over a thirteen-year period, according to a report published by United Nations Framework Convention on Climate Change (UNFCCC).
  • Deforestation:Between 2000-2013, Papua New Guinea saw an average loss of 0.5% of its national rainforest annually or 197,000 hectares of forest.
  • The REDD+ mechanism, the brainchild of late Sir Grand Chief Michael Somare - founding father of Papua New Guinea, was started by Papua New Guinea and the Coalition for Rainforest Nations in 2005 under the UN Framework Convention on Climate Change (UNFCCC).
  • It is a central registry and exchange for nationally issued carbon reductions or REDD+ Results Units from rainforest nations, certified by the United Nations.

World’s Most Widely Used Standard for Carbon Offset Credits Strengthened to Advance Forest Preservation and Restoration

Retrieved on: 
Thursday, March 4, 2021

Today, Verra announced the strengthening of its flagship forest preservation and restoration standard, the worlds largest, which measures greenhouse gas (GHG) emission reductions and removals and issues carbon offset credits for use in global voluntary and compliance markets.

Key Points: 
  • Today, Verra announced the strengthening of its flagship forest preservation and restoration standard, the worlds largest, which measures greenhouse gas (GHG) emission reductions and removals and issues carbon offset credits for use in global voluntary and compliance markets.
  • These updates will strengthen the ability of forest conservation and restoration efforts to contribute to global climate goals.
  • To date, Verra has registered 1,687 projects under the Verified Carbon Standard (VCS) that have reduced 582 million tonnes of greenhouse gases.
  • Incorporating new research on leakage (i.e., the possibility that decreasing deforestation in forest A may result in shifting deforestation to forest B).

REDD Unveils Green And Sustainable Bond Coverage Across All Emerging Markets

Retrieved on: 
Monday, January 25, 2021

NEW YORK, Jan. 25, 2021 /PRNewswire/ -- REDD Intelligence ("REDD"), the fixed-income intelligence and analytics platform focused exclusively on the emerging markets, announced that it will now provide subscribers with a first-of-its-kind news and analysis service covering green and sustainable bonds issued by emerging market borrowers.

Key Points: 
  • NEW YORK, Jan. 25, 2021 /PRNewswire/ -- REDD Intelligence ("REDD"), the fixed-income intelligence and analytics platform focused exclusively on the emerging markets, announced that it will now provide subscribers with a first-of-its-kind news and analysis service covering green and sustainable bonds issued by emerging market borrowers.
  • The product will expose subscribers tothe growing and diverse offerings of sustainable and green bonds from emerging market issuers, helping inform their decision-making process.
  • The new offering comes on the heels of expanded geographic coverage at the company, namely the roll-out of CEEMEA coverage last year to round out REDD's Global Emerging Markets service.
  • Through an online platform and mobile applications, REDD delivers real-time news and analytics on more than 1,400 emerging market companies.

Indonesia's Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs

Retrieved on: 
Monday, January 18, 2021

Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities.

Key Points: 
  • Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities.
  • This makes the Rimba Raya project become even more determined as a verifiable REDD+ conservation project with additional benefits for the environment and society, supporting people's lives and achieving an impact toward the 17 SDG goals," said Sylviana Andhella, Executive Director of Rimba Raya Conservation.
  • In January 2020, an independent third-party assessment was carried out by AENOR at the Rimba Raya project in Central Kalimantan, Indonesia.
  • Over the years, Rimba Raya project has introduced several economic incentives which are aimed at promoting community development, district government infrastructure and project area protection.

Upwork Achieves and Commits to Carbon Neutrality

Retrieved on: 
Thursday, December 17, 2020

Upwork (NASDAQ: UPWK), the worlds largest work marketplace, today released its first-ever carbon emissions report, revealing the company reached carbon neutrality for the first time in 2019 and declaring its commitment to remain carbon neutral going forward.

Key Points: 
  • Upwork (NASDAQ: UPWK), the worlds largest work marketplace, today released its first-ever carbon emissions report, revealing the company reached carbon neutrality for the first time in 2019 and declaring its commitment to remain carbon neutral going forward.
  • Upworks own distributed approach to its workforceincluding its pre-pandemic embrace of a hybrid model of employees and independent talent working from 800 cities worldwidewas an outsized contributor to its achieving carbon neutrality.
  • For years Upwork has empowered team members to work remotely, which in 2019 reduced travel in a personal vehicle by over one million miles.
  • Additionally, Upwork purchased high-quality renewable energy credits as well as carbon offsets from Native Energys UN REDD in the Yaeda Valley project, which helps prevent deforestation in Tanzania.

Paint Company PT Mowilex Helps Protect 65,000 Forested Hectares as Part of Carbon Neutral Certification Renewal

Retrieved on: 
Monday, December 14, 2020

JAKARTA, Indonesia, Dec. 14, 2020 /PRNewswire/ --PT Mowilex Indonesia (PT Mowilex) has renewed its carbon neutral certification, offsetting its carbon emissions with projects that promote energy savings, habitat conservation and responsible community development.

Key Points: 
  • JAKARTA, Indonesia, Dec. 14, 2020 /PRNewswire/ --PT Mowilex Indonesia (PT Mowilex) has renewed its carbon neutral certification, offsetting its carbon emissions with projects that promote energy savings, habitat conservation and responsible community development.
  • "Informed by lessons learned during our 2019 carbon neutral certification process, we expanded energy conservation efforts across 11 PT Mowilex locations.
  • We also focused our carbon offset resources on projects here in Indonesia," said Tania Wakhidah Ariningtyas, Head of Environmental Affairs for PT Mowilex.
  • "The Rimba Raya REDD+ project addresses biodiversity conservation and sustainable communities, two areas of great importance to the PT Mowilex team."