Governors' Climate and Forests Task Force

Coalition launched to develop new carbon market standard and platform for community-centered forest conservation that meets the needs of Indigenous Peoples, local communities and Global South countries

Retrieved on: 
Tuesday, September 19, 2023
Climate, Pressure, Partnership, United Nations, United Nations Declaration on the Rights of Peasants, Coalition, Farmer, Policy, Forest Trends, Regional Committee of Communists in Macedonia, Rights, VCM, Carbon, Forest, Red, Government, Science, Amazon, Biodiversity, Governors' Climate and Forests Task Force, Biodiversity loss, FPIC, Declaration on the Rights of Indigenous Peoples, IPLC, Ecosystem, Agriculture, Renewable energy, Forestry, Whaling, Everland, Indigenous peoples

In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end deforestation and biodiversity loss by driving finance directly to communities.

Key Points: 
  • In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end deforestation and biodiversity loss by driving finance directly to communities.
  • Michael Jenkins, CEO of Forest Trends, said: "As a longtime champion of trustworthy and accessible carbon markets, we are excited about a process that centers Indigenous Peoples and local communities.
  • Beto Borges, Director of the Forest Trends Communities and Territorial Governance Initiative, will be Chair of the Equitable Earth Indigenous Peoples & Local Communities Advisory Group.
  • "The voluntary carbon market can help address forest loss at its root, by providing essential finance to Indigenous Peoples and local communities to make conservation a viable development path.

Coalition launched to develop new carbon market standard and platform for community-centered forest conservation that meets the needs of Indigenous Peoples, local communities and Global South countries

Retrieved on: 
Tuesday, September 19, 2023
Climate, Pressure, Partnership, United Nations, United Nations Declaration on the Rights of Peasants, Coalition, Farmer, Policy, Forest Trends, Regional Committee of Communists in Macedonia, Rights, VCM, Carbon, Forest, Red, Government, Science, Amazon, Biodiversity, Governors' Climate and Forests Task Force, Biodiversity loss, FPIC, Declaration on the Rights of Indigenous Peoples, IPLC, Ecosystem, Agriculture, Renewable energy, Forestry, Whaling, Everland, Indigenous peoples

In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end deforestation and biodiversity loss by driving finance directly to communities.

Key Points: 
  • In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end deforestation and biodiversity loss by driving finance directly to communities.
  • Michael Jenkins, CEO of Forest Trends, said: "As a longtime champion of trustworthy and accessible carbon markets, we are excited about a process that centers Indigenous Peoples and local communities.
  • Beto Borges, Director of the Forest Trends Communities and Territorial Governance Initiative, will be Chair of the Equitable Earth Indigenous Peoples & Local Communities Advisory Group.
  • "The voluntary carbon market can help address forest loss at its root, by providing essential finance to Indigenous Peoples and local communities to make conservation a viable development path.

U.S. Insurance Commissioners Endorse Internationally Recognized Climate Risk Disclosure Standard for Insurance Companies

Retrieved on: 
Friday, April 8, 2022
Climate change, U.N, Principle, Risk management, Superintendent, Language, National Association of Insurance Commissioners, NAIC, International, Time, Climate, Solution, Insurance, Industry, U.S. Securities and Exchange Commission, Flood, Chief executive officer, Investment, Climate Change Committee, National Association, Weather, Wildfire, Leadership, United Kingdom, Compliance, G-20, Decision-making, Capital market, Sustainability, Survey, Governors' Climate and Forests Task Force, Task force, Safety, New Jersey Department of Banking and Insurance, News, Renewable energy, Health insurance

KANSAS CITY, Mo., April 8, 2022 /PRNewswire/ -- A bipartisan group of state insurance regulators led by Insurance Commissioners Ricardo Lara of California and David Altmaier of Florida adopted a new standard for insurance companies to report their climate-related risks, in alignment with the international Task Force on Climate-Related Financial Disclosures (TCFD). The TCFD standard is the international benchmark for climate risk disclosure and will help insurance regulators and the public to better understand the climate-related risks to the U.S. insurance market, which is the largest in the world. This announcement during the National Association of Insurance Commissioners' (NAIC) spring meeting in Kansas City, Missouri, puts U.S. state insurance regulators on the forefront of climate risk disclosure to protect consumers.

Key Points: 
  • The TCFD standard is the international benchmark for climate risk disclosure and will help insurance regulators and the public to better understand the climate-related risks to the U.S. insurance market, which is the largest in the world.
  • This announcement during the National Association of Insurance Commissioners' (NAIC) spring meeting in Kansas City, Missouri, puts U.S. state insurance regulators on the forefront of climate risk disclosure to protect consumers.
  • Under the new standard, insurance companies required to respond to the annual NAIC Climate Risk Disclosure Survey will need to comply with TCFD reporting by November 2022.
  • "By holding insurance companies to this global standard for climate disclosure, insurance regulators are showing the power of united leadership in our efforts to address climate change and reduce the negative impacts on insurance consumers."