The first engineered carbon removal projects that have received substantial public funding have emerged. Some of these projects are looking to stack this support with the proceeds from selling removal credits on the Voluntary Carbon Markets (VCM)..
Let’s explore how carbon removal featured at COP27, the relevant developments in climate change negotiations, and what to watch out for through 2023 and up to COP28.
COP27: Paving the way for the “removals COP” Read More »
The spotlight on carbon removal is getting brighter. UN standard-setters have begun a crucial process to lay the groundwork for removals under the Paris Agreement. This has gone largely unnoticed by the carbon removal community…
UN standard-setters turn their attention to carbon removal Read More »
The carbon markets are experiencing rapid growth. The voluntary markets are expanding due to unprecedented demand from corporate buyers and a related boom in issuing new credits. The compliance markets are growing via increased allowance prices and soon also through the emerging Paris Agreement market. All the while, the two markets are increasingly converging, and the voluntary market is bound to go through substantial changes. Will there be a competition
What’s next for carbon markets? Read More »