Xpansiv

Exciting News for Sustainable Transportation! ?? Today, we released the expansion of our Transport Emission Reduction Certificate (TERC) Program with TERC-Renewable Diesel and TERC-Biodiesel! Heavy-duty trucks make up only 10% of vehicles but are responsible for 28% of transportation-related greenhouse gas emissions. This is a massive challenge—and an even bigger opportunity. With TERC-Renewable Diesel and TERC-Biodiesel, companies can: - Invest in fuel that's up to 90% lower carbon than petroleum diesel. - Demonstrate verified carbon reductions with traceable, third-party-certified certificates. - Meet sustainability goals in a proven, impactful way. Whether you’re a renewable diesel producer or a buyer striving to reduce your Scope 3 emissions, TERC offers a seamless, scalable solution for decarbonizing transportation. Ready to take the next step? Learn more in our press release: https://lnkd.in/g4VK_WRC Xpansiv #Sustainability #LowCarbonFuels #RenewableDiesel #Biodiesel #HeavyDutyTrucking #ESGGoals #CarbonReduction #Decarbonization #TERC

Today marks a historic step forward in global climate cooperation with the passing of Article 6, providing countries with a new framework for utilizing independent crediting programs (ICPs) in support of their climate ambitions. Verra, as the leading standards setter, stands ready to work with nations to help them harness the opportunities this decision unlocks for effective and scalable climate solutions. Verra has already developed?a protocol?in conjunction with the Singapore government and Gold Standard to support countries in their use of Article 6 to achieve their Nationally Determined Contributions (NDCs). Read the full statement by Verra CEO Mandy Rambharos: https://bit.ly/3CFy54u #CarbonMarkets #ClimateAction #Article6 #ParisAgreement #StandardsMatter

Looking forward to COP29! ?? We're pleased to introduce the Roadmap for Safe, Efficient, and Interoperable Carbon Markets Infrastructure—the first deliverable from The World Bank-convened Carbon Markets Infrastructure Working Group (CMI WG). ??What? Carbon market infrastructure is the backbone and arteries of market activity. Together with our partners, we identified critical bottlenecks and outlined key priority areas for a secure, efficient, and interoperable carbon market infrastructure. Checkout the full roadmap here ?? https://lnkd.in/eRmdDpMD ?? What are the pain points? (1) Ecosystem Governance: we need clear roles, responsibilities, and terminologies to eliminate gaps and ambiguities in liability and accountability chains. (2) Information Security & Transaction Integrity: information security and transaction integrity, such as MFA and KYC/AML/ABC programs, matters also in carbon markets! (3) Data & System Interoperability: data harmonization is needed for system integration, interoperability and information exchange across platforms ?? all critical for a scaled up market ?? What’s next? Detailed guidance notes for each of the above priority areas by June 2025. ? Acknowledgments The authors of the roadmap include the following CMI WG members: ACX (AirCarbon Exchange), B3 S.A. – Brasil, Bolsa, Balc?o, Climate Action Data Trust, CME Group, Climate Market Strategy & Infrastructure Group (CMSI), EcoRegistry, Global Carbon Council, Global Carbon Market Utility, Gold Standard, Indian Energy Exchange (IEX), The Integrity Council for the Voluntary Carbon Market (ICVCM), ICE Endex, INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC., International Standards Organization, Johannesburg Stock Exchange, Nasdaq, Philip Lee LLP, Puro.earth, S&P Global, Sylvera, US Treasury, Verra, The World Bank, Xpansiv. The International Organization of Securities Commissions - IOSCO Secretariat also contributed as an observer. Together, we look forward to building a resilient, transparent, and efficient carbon market infrastructure that supports global climate goals. ???? #CarbonMarkets #CarbonMarketsInfrastructure #Governance #InformationSecurity #TransactionIntergrity #Interoperability #ClimateAction #CMIWG https://rb.gy/0quebk

As we wrap up week one of #COP29 in Baku, we’re reminded of the power of collaboration in advancing climate solutions for a livable planet and a future free from poverty. From private sector leaders to youth activists, everyone has a role in meeting this urgent challenge. Here are some key highlights from the week: ??????????????????????????: ??Multilateral Development Banks (MDBs) pledged $120 billion annually for climate finance in low- and middle-income countries by 2030, including $42 billion for adaptation and $65 billion from the private sector. ???????? ????????: https://wrld.bg/HiTN50U5ljw ??Responding to feedback from countries, The World Bank’s Climate Resilient Debt Clause (CRDC) now covers all natural disasters, including droughts, floods and health emergencies like pandemics. ???????? ????????: https://wrld.bg/xvvK50U5mgt ????????????: ?????????????? ???? ?????? ??????????????????: ?????????????? ???????????????????? ???????????????????? ?????? ?????????????? ?–Adapting to climate change is urgent, requiring faster, resilient development and targeted interventions ???????????????????? ?????????????????? ?????? ?????? ?????????? ???????????????????? ???? ???????????????? ?????? ???????????????????? ??????????????????? – Achieving global climate goals requires renewable energy investments, but developing economies need support. Our panel explored financing reforms, FDI for low-carbon tech, revenue policies, and public-private partnerships. ???????????????? ???????????? ??????-à-?????? ??????????????????????: ?????? ?????????????????????????? ?????????????????????? ?????????????????????? ???????????????????? – IDA is vital for climate action in 78 low-income countries. Leaders and experts discussed the need to scale its impact as it prepares for its 21st replenishment. ???????????????????? ?? ?????? ???????????????? ???? ????-???????? ???????????? ??????????????? – High-integrity carbon markets can drive climate action, but trust is lacking. We launched MIGA’s letter of authorization template administered by the WBG Guarantee Platform to secure insurability rights and standardize government commitments to investors. ???????????????????? ???????????? ???????????? ?????? ?????? ??????????????-????-?????????? ???? ???????????? – Nearly 600 million people in Africa lack basic electricity. At the event, panelists discussed how innovative financing, including specialized funds, can expand access to affordable, sustainable energy in remote areas. Watch the events replays: https://wrld.bg/RyXo50U7pKi

CARB approves major updates to strengthen the LCFS program! On November 8th, the?California Air Resources Board (CARB) approved the proposed updates to the Low Carbon Fuel Standard (LCFS) regulation. The updated regulation will set more ambitious carbon reduction standards and increase the stringency of credit qualifications, to ensure long-term integrity in the program. We’ve provided a summary of the key updates to the regulation, focusing on electric fleets and EV networks. Read the CARB Updates on our SRECTrade, Inc. website: https://lnkd.in/gmvRKf8J #LCFS #CleanEnergy #Sustainability #SRECTrade #Xpansiv

Joanna McMaster and I supported fantastic events in Cape Town last week with JSE and Evident. The South Africa carbon and renewables communities are among the most innovative and insightful. Such an interesting area that is straddling compliance markets like SA carbon tax and CBAM with the emergence of corporates' Net-Zero commitments. For those who were spared my closing remarks, here were my main takeaways: - Demand for renewables and zero-emissions power (nuclear) are going to skyrocket with increased datacenter usage driven by AI - I-RECs will continue to rapidly scale in Africa, with the a near-term opportunity to list a regional benchmark across Southern African Power Pool (SAPP) countries - I-RECs are moving beyond accounting for power generation and into the impact space with P-RECs and impact tariffs - Convergence of the voluntary and compliance carbon markets are the key to unlocking the next phase of growth - CORSIA is leading this ^^^ charge and South Africa and neighboring countries are making real progress on Art 6/LOAs/CORSIA supply - We'll emerge in the next wave of growth in carbon markets with infrastructure that is more robust and better connected, and a far more educated participant base - Corporates must outline a clear decarbonization plan that includes environmental credits and internal emission reduction actions, and defend their choices! Xpansiv CBL Anelisa Matutu Chris Sturgess Ed Everson Teresa Everson-Smith Travis Caddy #IRECs #sustainablefinance #carbon #CORSIA #renewables #power #trading #carbonfinance #emissiontrading #registries