Daniel Firger

What's happening with the #energytransition today? The latest from Kathari News 💲 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐜𝐥𝐢𝐦𝐚𝐭𝐞: Countries at COP29 in Baku set a $300B annual climate finance target by 2035 and finalized rules for carbon markets. If the climate plans that countries need to deliver ahead of COP30 in Brazil next year bring clarity to private investors and markets, including how to make clean energy projects less risky, then billions more dollars could flow. But with COP29 having moved no further on earlier pledges to shift further away from fossil fuels and triple renewable energy capacity by 2030, as well as Donald Trump's pending return to the White House, uncertainty remains. ➡️ Read more: https://lnkd.in/eYHCtZrA 🛢️ 𝐔.𝐒. 𝐞𝐧𝐞𝐫𝐠𝐲 𝐩𝐨𝐥𝐢𝐜𝐲: Donald Trump’s transition team is preparing an energy plan prioritizing LNG export permits, expanded oil drilling and repealing key climate policies, including EVV tax credits, sources tell Reuters. The plan would also include approving Keystone XL Pipeline — a symbolic move given any company looking to revive the project would need to start anew — as well as replenishing the Strategic Petroleum Reserve and putting pressure on the International Energy Agency, which advises industrialized countries on energy policy, to lessen its focus on reducing emissions. ➡️ Read more: https://lnkd.in/eXDu_CtR ❔ 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐬𝐤𝐞𝐩𝐭𝐢𝐜𝐢𝐬𝐦: Questions are rising about Guyana’s choice of Fulcrum LNG, a year-old U.S. startup, to develop its vast gas resources. Financing challenges for the project, which could cost $30B, may shift the focus back to Exxon Mobil, which currently controls the nation’s energy production but has prioritized oil over gas. ➡️ Read more: https://lnkd.in/exbGaSb9

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🌆 What a week at #ClimateWeekNYC! Cheers to many productive conversations across the carbon market ecosystem 🥂 We launched the Sequestor platform and hosted an insightful panel discussion on the State of Carbon Markets featuring John Ambler, Dave Folk, Alvin Lee, Brian McFarland and Destin Whitehurst, moderated by our own Matthew Koh Jia An. Some key takeaways from our panel discussion if you missed it: 🌎 Financing environment in carbon markets: Investor risk appetite is weak - hesitancy from buyers to do pre-purchases and the lack of upfront capital is creating a funding gap to bring projects from paper to soil. 🌍 Institutional Capital: Institutional capital inflows will require clear regulatory frameworks, improved visibility on price signals, and a more sophisticated financial product stack (eg. insurance). 🌏 Policy Environment: Policy visibility on the supply side varies by jurisdiction - clearer policymaking is necessary to reduce project risk and provide clarity to investors. Compliance mechanisms at both national and intranational levels will be key in driving demand, but the market is still waiting on guidance and demand-side policy catalysts will take time to take effect. 🌍 Growth Opportunities: Many segments of supply and demand remain strong, especially nature-based removals and CDR. Projects which have established relationships with native ecosystems and have strong co-benefits are more bankable. 🌟 Concluding thoughts: The Voluntary Carbon Market is going through a transformational phase where we are seeing the ground being laid for a mix of policy and financial infrastructure to create a thriving ecosystem, offering many reasons to feel encouraged and optimistic about the long-term potential of the market. Visit www.sequestor.org for more information on our data-driven carbon market intelligence platform and find the full recording of our webinar here: https://lnkd.in/eDUFPerz

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📢 Public Comment Period Now Open! 🌍 Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of November 25. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and the Climate, Community & Biodiversity Standards (CCBS) Programs. The projects are located in various geographic regions, including China, India, Paraguay, Turkey, and Peru. They implement a wide range of activities, including urban forest development, landfill gas (LFG) recovery and utilization, PET bottle and textile waste recycling, and protecting and restoring Amazonian ecosystems. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove at least 597,881+ tCO2e annually from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects that opened for public comment during the week of November 25 in our announcement: https://bit.ly/3Z18mLm 🗣️ Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonCredits Photo by Lisa Murray, Abdul Haji Ismael working in the Bale Mountains Eco-Region REDD+ Project - Verra Project #1340

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🚨 Weekly Positive VCM News: 🎯 Verra pauses reviewing new methodology proposals for its VCS program for 2024 to focus on advancing priority climate actions 📢 Patch urges SBTi to urgently provide clear guidance on using carbon credits for mitigating Scope 3 emissions 🔙 California's SB 1036 Bill, which aimed to strictly ban low-integrity carbon credits, is pulled after criticism from developers and buyers 🚀 Engineering-based removals startup 44.01 raises $37m to support tech development and international expansion 🤝 Swiss Re and goodcarbon launch insurance for long-term carbon credit purchases, joining others in offering in-kind replacements for insured credits 🔗 in the comments #carbonmarkets #BlueLayer

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📢 Public Comment Period Now Open! 🌍 Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of August 5. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) program and the Climate, Community and Biodiversity Standards (CCBS) program, located in China, Japan, Zambia, Belize, and Kenya, to name a few. These projects are implementing a broad range of activities, including waste handling and disposal, reducing emissions from deforestation and forest degradation (REDD), agricultural land management (ALM) and more. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove 2,084,776 tCO2e from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects open for public comment in our announcement: https://bit.ly/3WMbtG2. 🗣️ Get Involved: Share your thoughts about these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CircularEconomy - Photo by Erik Karits via Pexels.com.

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📢 Public Comment Period Now Open! 🌍 Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of August 12. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and Plastic Waste Reduction Standard Programs. The projects are located in Kazakhstan, China, India, Paraguay, to name a few, and are implementing a broad range of activities, including plastic waste recycling and management activities, activities that reduce emissions from deforestation and forest degradation, and more. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove 442,839 tCO2e from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects open for public comment in our announcement: https://bit.ly/4ctQ5uL. 🗣️ Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CircularEconomy Photo courtesy of Second Life Thailand. Second Life Thailand: Ocean and Land Plastic Waste Recovery, Recycling and Reuse (Verra Project 2513).

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🇺🇸 The U.S. Federal departments and offices have just released the "Voluntary Carbon Markets Joint Policy Statement and Principles”. We at International Carbon Registry celebrate more clarity on the direction of this important market and its role in the climate crisis. Notable developments include: • The emergence of multi-stakeholder initiatives that have set out standards and principles for high-integrity credit development and responsible credit use; • Improvements to key crediting methodologies, their guiding standards, and tracking systems; • New and improved analytical products and services that aim to strengthen credit transparency and quality comparability, such as carbon credit rating services; • Technologies to support robust measurement, monitoring, reporting, and verification (MMRV); • Multilateral rules, guidance, and procedures developed under Article 6 of the Paris Agreement and the international aviation sector's global carbon market-based measure, which shape certified emissions reductions and removals that often find their home in VCMs'; and • Advances in the development of market infrastructure to improve transparency and liquidity, as well as the integrity of market transactions.

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VCM data at your fingertips! Ecosystem Marketplace just released a re-imagined Global Carbon Markets Hub that lets users explore and visualize our transaction data - volumes, pricing, credit categories, geographies - plus a database of 20k+ carbon projects with data on methodology, location, issuances, retirements, SDG certification, and so on. These features are all FREE and PUBLIC. Because if we're serious about market integrity, access to information is absolutely fundamental. (And we have some big plans in that vein - more to come!) Awesome work by Charlotte Barber Alexander Procton Ciro Calderón Kate Brandaw Ellis Laura Weatherer and Chad Phillips Ricardo Bayon Katherine Hamilton David Tepper

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We just published a new podcast episode of #InOurHands with Nigel Sizer, a globally recognized authority on ecology and development policy, and executive director at Preventing Pandemics at the Source Initiative. We discuss everyone's least favorite but most important topic: the connection between pandemics and climate change. Listen or read to learn more (spoiler: deforestation and forest trade are some of the reasons, and we need to fix this). https://lnkd.in/gsvi_RDW

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It's time to convert promises into meaningful, globally impacting action as private sector climate #transitionplans pick up steam 🚀 For the past few years, in collaboration with companies, financial institutions, policymakers, and civil society, TPT has build a set of disclosure recommendations, setting out what should be included in a good practice transition plan. One key learning of our work has been that transition plans can be a valuable tool to a whole range of different audiences, including policymakers and regulators. We're excited to see that E3G is hosting a panel discussion at #NYCW to explore how these private sector plans can be used by policymakers in a variety of settings 🌎 🏭 💡 Learn more: https://lnkd.in/e6CZA7WR

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We had lively discussions at the IETA North America Climate Summit earlier today, where our CEO Frederick Teo, spoke alongside David Antonioli Founder of Transition Finance, Amy Merrill CEO of The Integrity Council for the Voluntary Carbon Market (ICVCM), Benedict Chia, Director-General (Climate Change) of National Climate Change Secretariat, Singapore on a panel moderated by Dirk Forrister CEO of IETA on what makes good #regulatory oversight for carbon markets. 📸 Snapshot takeaways: ✴️Regulatory Oversight: A robust global carbon market necessitates clear and consistent regulatory frameworks to ensure transparency, integrity, and investor confidence. ✴️Supply-Demand Dynamics: The scale and effectiveness of carbon markets hinge on a balanced interplay between supply and demand. While quality standards like CCP labels are essential, government policies and corporate incentives are equally crucial in driving demand. ✴️Beyond Crediting: Carbon markets should not be solely focused on crediting periods but should also consider long-term impacts and ensure that projects contribute to sustainable development goals. ✴️Transition Finance: Transition credits offer a promising avenue for financing projects that support the transition to a low-carbon economy, especially in countries facing challenges in implementing meaningful carbon prices. ✴️International Collaboration: Effective carbon markets require international cooperation to address cross-border issues, harmonise standards, and facilitate the flow of carbon credits. 🎬Action steps we could take from here: ✅Explore ways for governments to provide regulatory signals and legitimacy to support corporate demand for high-quality carbon credits ✅Assess how governments can encourage and incentivise the financing of transition-oriented carbon projects, beyond just permitting such activities ✅Consider models where governments can commit to regulating certain sectors, and use carbon finance to enable initial sectoral transitions Thanks once again to everyone who took time to join us, and to the wonderful #IETA team for hosting us! ❤️

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📢 Public Comment Period Now Open! 🌍 Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of November 18. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and the Climate, Community & Biodiversity Standards (CCBS) Programs. The projects are located in various geographic regions, including France, China, India, Poland, and more. They are implementing a broad range of activities, including activities related to sustainable grassland management, EV infrastructure, landfill biogas pollution and treatment, and farm resilience and regeneration. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove at least 804,535+ tCO2e annually from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects that opened for public comment during the week of November 18 in our announcement: https://bit.ly/4fEPd9d 🗣️ Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonCredits Photo by Verra staff. View of a red deer family on grassland.

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Carbon credit ratings provider Sylvera announced the launch of new tools on its platform for carbon markets investors, including a new product enabling users to discover and compare carbon reduction projects, and a solution to help screen and assess projects. As demand for carbon offset projects and related credits is expected to increase significantly over the next several years, with companies and businesses increasingly pursuing net zero ambitions and turning to offsets as a bridge to their own absolute emissions reduction efforts, or to balance difficult to avoid emissions. In a further potential boost to the carbon credit market, the SBTi recently announced that carbon credits will likely be permitted in net zero targets to help address Scope 3 emissions. The unregulated and rapidly growing market faces a series of challenges, however, with market participants unable to differentiate between high and low quality projects with insufficient or inconsistent data to assess the effectiveness of the projects. Additionally, projects are currently fragmented across different registries, creating challenges for investors to find and compare projects. Founded in the UK in 2020, Sylvera’s carbon intelligence platform helps organizations evaluate and invest in high quality carbon credits, utilizing proprietary data and machine learning technology to produce comprehensive insights on carbon projects. The company announced a $57 million funding round last year, with proceeds to be used to support its expansion, including the build out of its platform to include new data and information about carbon credits. The new products include Sylvera Project Catalog, which brings together and harmonizes data from nine major registries, enabling investors to discover nearly 20,000 projects across technologies ranging from Biochar to Landfill Methane, as well as to compare across project types, and connect to suppliers to procure or invest in credits in a single place. The data sets are updated daily and Sylvera said that it plans to continue to add projects from more registries. Sylvera also introduced Screenings, a new tool aimed at providing investors with an overview of project quality, key characteristic, and risk factors, with high-level assessments of key positives and risks across the quality pillars including carbon accounting, additionality, permanence and co-benefits. According to Sylvera, the new tool is designed to provide key signals of quality and risk early, allowing projects to be screened prior to conducting more detailed due diligence. Allister Furey, CEO and co-founder of Sylvera said: “Navigating the carbon market isn’t easy: it’s disjointed, opaque and ever-changing – that makes it hard for investors to find, understand, and invest in quality projects that advance their goals, as well as overall net zero progress. To incentivize investment in real climate action, we build the data and tools to reduce the barriers and streamline

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