Paul Rowett’s Post

Half of credits retired from the four main registries of the voluntary carbon market this year are at least five years old, according to new data analysis from Carbon Pulse. Some 101.4 million credits were retired from the Verra, Gold Standard, ACR, and Climate Action Reserve (CAR) registries in the first eight months of this year. Of these, some 48% - or 49.1 mln - had a vintage of 2019 or earlier. Read our analysis in full here 👉 https://lnkd.in/eFbV6EWk

The Securities and Exchange Commission (SEC) recently released its much-anticipated climate disclosure rules. As expected, it has received criticism both from climate activists disappointed by the removal of certain provisions contained in earlier drafts, and from members of the business community who cite regulatory over-reach and a veiled attempt to phase out fossil fuels. It made no one happy, but no one completed devastated either. Read our take from FFI's Christopher Ito: https://lnkd.in/eEPGfh3y #energytransition #carbonunderground #climatedisclosure #secclimatedisclosure #transitioninvesting

Thanks for sharing Margaret Morales and glad you think it's useful, we do too.🤸♂️ Any companies looking for further clarity on carbon credit related claims and the requirements for making them, head to our Climate Action Protocol https://lnkd.in/etzAj3gR #climateaction #climate #carboncredits

Parliament is introducing one of the most significant changes in climate related financial disclosures we've seen in a generation. If passed, this Bill will require companies to disclose their climate impacts, from operational risks to greenhouse gas emissions 🌏 🏭 Paul Kirton gives us the full download here: https://lnkd.in/gRaqYGCy Or swipe through for the bite-sized overview. #mkinsight #esg #macphersonkelley #climateaction #financialreporting

There are lots of global carbon credit standards. Recently some innovative players are emerging in biodiversity, tokenization and etc. Anyway below would be helpful to see different names of types of carbon credits by standard.

What every carbon credit standard calls its verified carbon credits. This chart will never win for most eye-catching infographic, but it is pretty useful. Credit to Climate Impact Partners 🔗 to the report with this chart in the comments. ------ Note - The original purpose of the chart is to list standards that are accepted in the Clime Impact Partners CarbonNeutral protocol. It doesnt include all of the carbon credit standards, but it is a whole lot of them.

The #US Securities and Exchange Commission approved a controversial rule requiring public companies to report #greenhousegasemissions and climate risks, despite revisions. The 3-2 decision, supported by Democrats and opposed by Republicans, attracted over 24,000 comments. To know more : https://lnkd.in/g5YksS8S #climateaction #climatesolution #ecosystem #ecodiscussion #publicsector #republicans #carbonemissions #co2 #greenerfuture

How do carbon credits fit into the biggest climate action standards? This chart from the new IETA report points out that one of the biggest differences is between which standards permit carbon credits to help meet interim (or near-term) targets. IETA's new guidelines support this use of carbon credits, as does the VCMI beta Scope 3 flexibility claim. SBTi's current standard does not (it's possible that SBTi will propose rule changes on this issue in July). 🔗 to report in comments. --- Edited to make clear that this July SBTi may propose, but will not finalize, rule changes.

The SBTi just published an evidence review that pretty comprehensively trashes carbon credits: "[V]arious types of carbon credits are ineffective in delivering their intended mitigation outcomes." "There could be clear risks to corporate use of carbon credits for the purposes of offsetting. This includes potential unintended effects of hindering the net-zero transformation and/or reducing climate finance." "All Tier A evidence challenge the legitimacy of offsetting claims, arguing that treating carbon credits as fungible with other sources, sinks, or reductions of emissions is inadvisable, illogical, or damaging to global mitigation goals." https://lnkd.in/eJfTuPyD