In a shake-up for the voluntary carbon market (VCM), today the Integrity Council for the Voluntary Carbon Market (ICVCM) announced that carbon credits issued under existing renewable energy methodologies will …
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DevelopingEnvironmentPolicy & Finance
SBTi Report: Carbon Credits “Ineffective,” Direct Decarbonisation the Priority
This week, corporate climate watchdog the Science-Based Targets Initiative (SBTi) released its highly awaited review on corporate carbon credits. The review, which follows months of controversy hovering over the organisation, …
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Microsoft has signed a deal with BTG Pactual Timberland Investment Group (TIG) to buy up to 8 million nature-based carbon removal credits through 2043. According to MSCI Carbon Markets data, …
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FinanceLatest News
Mashreq partners & UAE Fintech Fils to launch carbon offsetting services for corporate clients
Mashreq has signed a Memorandum of Understanding (MoU) with Fils, a UAE-based fintech firm, it has been announced. Through this MoU, the two will develop a corporate carbon offsetting offering …