UK-based cryptocurrency venture Save Planet Earth has convinced investors it can make them rich and fix the climate, but its tree-planting vision is a long way from reality
Delicate negotiations on carbon market rules in Glasgow could be thrown off course by the big banks’ push to “scale up” voluntary carbon trading
Agreeing on rules for a global carbon market has become a high-level political focus of the Glasgow summit but experts warn getting it wrong will undermine 1.5C ambition
Concerns carbon markets could become a new form of colonialism are not unfounded – but with robust safeguards, they can deliver much-needed climate finance
Campaigners accused Japan of failing to take responsibility for cutting its own emissions and relying on developing nations to do so
The industry-led Taskforce on Scaling Voluntary Carbon Markets is pitching carbon offsets as a win for the Global South. This is greenwashing at its most patronising
Colombia stands to lose $62m in carbon tax revenue and underperform its emissions targets due to flawed forest carbon credit projects, investigators claim
Shell’s net zero plan is better seen as a defence of its core oil and gas business, which it is planning to expand, than a genuine energy transition
In contrast with the aftermath of the 2008 financial crash, carbon prices have not taken a big hit from Covid-19, reflecting improvements in market design
Bottom-trawling for fish releases more carbon dioxide each year than Germany, a study has revealed, yet this is not included in national carbon accounts
Environment minister Claude Nyamugabo is accused of violating a moratorium on logging in the Congo rainforest, by awarding concessions the size of Wales
As the UN special envoy for climate action and finance unveils plans to scale up the voluntary carbon market, campaigners warn big gaps remain on quality standards
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the short term
Countries are under mounting pressure to resolve carbon trading rules at Cop26, as the future of the Clean Development Mechanism hangs in the balance
Brazil is seeking to join the net zero club, but campaigners denounced its pledge as meaningless while deforestation rises under President Bolsonaro
With more and more businesses setting net zero emissions targets, the voluntary carbon market needs stronger quality control to scale up, says UN special envoy
In an agreement that took two years to negotiate, Peru will get finance for sustainable development projects while Switzerland takes credit for the emissions cuts
The executive board is considering an extension of the Clean Development Mechanism beyond 2020, under industry pressure but with no political mandate
In its national climate plan, Cuba indicated it would like to sell carbon credits on an international market, a concept previously opposed by socialist allies
EU member states will back an industry proposal to reduce airlines’ climate obligations in response to the coronavirus pandemic, at the UN aviation forum