Sustainability and carbon market news

A coalition of major coffee traders and roasters has launched a satellite-based mapping initiative designed to help companies meet the requirements of the EU Deforestation Regulation (EUDR). The Coffee Canopy Partnership includes JDE Peet's, Tchibo,...

The Science Based Targets initiative (SBTi) has published Version 1.2 of its Forest, Land and Agriculture (FLAG) Science-Based Target-Setting Guidance. The update takes effect immediately and applies to all companies required to set FLAG targets...

A coalition of 30 institutional investors controlling over $3 trillion in assets is demanding urgent policy measures to halt deforestation and ecosystem loss by 2030, warning that the world’s economies face mounting financial risks from unchecked...

The UK government has announced a $300 (£239) million commitment to fight deforestation in forest-rich nations, with a significant portion directed to the World Bank's Scale programme. The pledge, revealed at the COP29 summit in Baku, emphasises the...

Verra, a prominent US-based carbon registry, has released an updated version of its avoided unplanned deforestation module, known as VMD0055. This revision follows a recent public consultation and aims to refine the framework for accounting...

Rwanda has secured a $39.1 million grant aimed at restoring the ecologically significant Congo-Nile Divide. The initiative, set to commence this month, targets deforestation and enhances climate resilience across the Western, Northern, and Southern...

Researchers from the Center for International Forestry Research (CIFOR) highlight that understanding a country's forest cover and its changes is crucial for designing effective REDD+ (Reducing Emissions from Deforestation and Forest Degradation)...

The US Agency for International Development (USAID) has teamed up with CIFOR-ICRAF and other key partners to launch the Regenerative Agriculture for the Conservation of the Amazon (ARCA) programme. With a substantial investment of $17.8 million,...

Verra is pioneering a significant advancement in deforestation risk mapping across several jurisdictions, aiming to refine the allocation of deforestation data for conservation projects. This initiative marks a crucial phase preceding the...

Climate startup dClimate, supported by billionaire Mark Cuban, has inked a preliminary deal with the Democratic Republic of the Congo government to generate $1 billion in carbon credits. The agreement aims to combat deforestation in a substantial...

The Amazon Rainforest, renowned as the world's ‘lungs,’ is undergoing a significant transformation. It faces concerns over its contribution to carbon emissions due to deforestation and wildfires. Questions have been raised regarding the Amazon's...

Deforestation in the Brazilian Amazon has hit its lowest level since 2019, according to data from the National Institute for Space Research (INPE) DETER-B space programme. In April, an aggregated area of 288 square kilometres was deforested, down...

The European Parliament passed a new law on 19 April 2023 to fight deforestation and forest degradation. We mentioned this new law while it was in the works, but after its adoption, a few significant additions broadened the scope of the regulation....

Removing woody vines, known as lianas, from selected trees in managed forests globally could decrease atmospheric carbon dioxide by up to 800 million tonnes in the next 30 years, according to a study by the University of Florida, The Nature...

The Energy Transitions Commission (ETC) released a report detailing the financial implications of ending deforestation. The report, titled Financing the Transition: the Costs of Avoiding Deforestation, estimates that a minimum of $130 billion per...

The new European Union (EU) regulation banning agricultural products linked to deforestation and forest degradation will come into force in the second half of 2023. The regulation obliges companies to ensure that goods entering or leaving the EU...

France, along with two non-profit organisations, pledged a total of €100 million towards an action plan designed to protect the world's tropical forests. President Emmanuel Macron made the announcement at the One Forest Summit, a two-day conference...

Deforestation is considered to be a significant problem in various parts of the planet when it comes to preventing changes in the climate and also conserving biodiversity. Learn more about deforestation. Does politics have an impact on...