We hope you're having a great start to the New Year!
In this edition, we are delighted to share with you the highlights and progress of our ClimateSeed business, as well as the latest news from the carbon market.
?? Top Environmental News Highlights & Policy Updates
1?? Verra Unveils CORSIA Label Guidance to Streamline Aviation Carbon Credit Compliance?
Verra has launched its CORSIA Label Guidance to help project proponents navigate the process of labeling Verified Carbon Units (VCUs) for compliance with the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The guidance ensures transparency, prevents double counting, and streamlines the process for obtaining CORSIA labels, supporting aviation’s climate goals and carbon market integrity.
2?? Gold Standard Lauches Carbon Market Regulation Tracker for Greater Transparency?
Gold Standard has introduced the Carbon Market Regulations Tracker to help businesses, governments, and investors navigate climate contribution regulations with clarity. By enhancing transparency and collaboration, Gold Standard aims to foster market certainty and support global climate goals.
3?? Deforisk: A New Tool for High-Resolution Deforestation Risk Mapping
The French Agricultural Research Centre for International Development (CIRAD) and the UN's Food and Agriculture Organization (FAO) have developed Deforisk, a QGIS plugin designed to map deforestation risks across large areas in high resolution. By incorporating data such as topography, road networks, mining concessions, and protected areas, users can forecast deforestation risks and create predictive maps highlighting zones most at risk. This tool aims to support land use policy and strategies to combat deforestation.
? A sneak-peek into our new IFM Guide?
Forests play a critical role in meeting greenhouse gas mitigation objectives, with their potential to store large quantities of carbon and ability to act as an ongoing sink removing carbon from the atmosphere.?
Forest climate change mitigation activities generally fall into three broad categories: conserving existing forests; increasing forest extent through reforestation, afforestation, and agroforestry; and changing the management of existing forests to increase carbon in forests and forest products.
?? Latest from ClimateSeed
?? ClimateSeed signs joint letter on credible financing for climate action beyond the value chain
ClimateSeed has signed a statement highlighting the importance of transparent and responsible climate financing beyond the value chain. Alongside leading organizations, such as; Carbon Market Watch, Gold Standard and WWF.
This initiative provides a clear framework for companies to contribute effectively to climate solutions, while ensuring integrity and transparency. Discover the joint letter here.?
领英推荐
??? Interview in “Techniques de L'Ingénieur”?
Jessica Denoyelle-Batta?a was featured in Techniques de L'Ingénieur for an insightful interview exploring the importance of supporting projects that go beyond carbon reduction and sequestration, to create lasting benefits for local communities and ecosystems.
She also discusses why ClimateSeed embraces the climate contribution approach, and shares real-world examples of the impactful projects we support. Read the full interview for more details!
??? Certifications behind? Success Stories
?? ?IFM in the USA
IFM projects in the USA are typically certified under Climate Action Reserve (CAR) or ACR, both of which are US-based standards. Although CAR and ACR offer different methodologies, both offer country specific methodologies for US Forests. IFM projects need to demonstrate that there is an increase in on-site stocking levels beyond a business-as-usual scenario.
In general, IFM carbon projects need to adhere to sustainable forest management practices, demonstrate that there is no activity-shifting leakage above the set threshold, and apply to lands that can be legally harvested by entities owning or controlling timber rights on the forestland. For ACR for example, there needs to be: clear land title or timber rights, forest certification in the case that the lands are subject to commercial harvesting, and details on the native species composition.
?? Article of the month
Do you know the role of standards in the Voluntary Carbon Market (VCM)??
To issue carbon credits in the VCM, a project must undergo certification by an internationally or nationally recognized standard. These standards were established to ensure compliance and integrity throughout the lifecycle of carbon projects, providing methodologies that define how carbon credits are generated and recorded in designated standards registries.?
The VCM operates with numerous standards, here’s an overview of the standards within our projects portfolio.