New report from Ecosystem Marketplace on voluntary carbon markets finds 2021 is on track for annual market value record of $1 Billion+ for the first time, as all-time market value hits $6.7 Billion.

Putting a price on carbon can be an indispensable part of a country’s strategy to reduce emissions in an efficient way. Furthermore, putting a price on carbon through international carbon markets can also offer significant cost benefits and enable flexibility in achieving emission reduction targets.

A new report from Ecosystem Marketplace, shows that funding to conserve and increase carbon stored in forests around the world has more than doubled between 2016 and 2019. But authors say forest carbon finance still falls far short of what’s needed to counter global forest loss and support increased climate ambition.

This analysis shows that the vast majority of tropical forested countries seeking to benefit from international forest carbon markets have yet to define in law and in practice the rights of Indigenous Peoples, local communities, and Afro-descendant Peoples over carbon in their customary lands and territories.

Important mitigation outcomes and other co-benefits could be at reach if rural communities and policy makers in low- and middle-income economies overcame the obstacle of access to finance in the livestock sector.

This report provides an update on corporate use of internal carbon pricing globally and developments in carbon pricing regulation, informed by over 5,900 corporate disclosures to CDP in 2020.

In order to reach the goals of the Paris Agreement, it is essential to rapidly move from a zero-sum offsetting approach towards rapid transitions to decarbonise all emitting sectors.

Annual greenhouse gas emissions in Taiwan reached a record high in 2017. Although estimates indicate that annual emissions have fallen since then, stronger action is needed for Taiwan to reach its 2050 target of a 50 per cent reduction relative to 2005 levels.

The end of 2020 marks a fundamental change in the global governance of greenhouse gas emissions with the shift from the Kyoto Protocol era to that of the Paris Agreement. This has important implications for the future role and the feasible models of the voluntary carbon market.

This report assesses options for the effective implementation of sustainable development impact assessment, in the context of climate change mitigation mechanisms such as those of Article 6 of the Paris Agreement. To ensure that these mechanisms contribute to sustainable development in the host country, it is necessary to measure this effect.

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