[ad_1] Two years after suspending the controversial Kariba REDD+ project in northern Zimbabwe, Verra has wrapped up a comprehensive review of the initiative, seeking compensation for an excess and invalid portion of credits issued by project developer Carbon Green Investments (CGI). Presented as an initiative focused on reducing deforestation and forest degradation in the region around Lake Kariba in Zimbabwe, this project secured numerous carbon credit sales contracts with leading brands like Gucci, Volkswagen, Nestlé, and Greenchoice, who used these transactions to offset operational emissions. The project was launched over a decade ago as a joint effort between Swiss CO2 credits broker…
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[ad_1] Gold Standard and Isometric methodologies deemed fit to carry CCP label, after aligning with ICVCM global benchmark [ad_2] Source link
[ad_1] In a move aimed at reshaping confidence in voluntary carbon markets, carbon insurance startup Oka has partnered with Bolsa Argentina de Carbono (BACX) to launch exchange-traded carbon credits with embedded invalidation insurance.The deal, brokered by Lockton, applies to afforestation and reforestation credits listed on the BACX platform, and is the first of its kind in the world, according to Oka.The initiative is expected to set a new benchmark for transparency and risk mitigation in carbon trading—a market frequently criticized for inconsistent quality standards and lack of buyer protections.Relevant: Oka Launches Green Credit Insurance To Boost Climate FinancingOka’s insurance coverage…
[ad_1] The Tesla (NASDAQ:TSLA) share price often defies logic, rising when you’d expect it to drop and vice versa. But given that it’s up more than 230% in five years, it’s clearly done more increasing than falling overall. Personally, I would have expected the S&P 500 stock to be struggling this year. After all, Tesla has been losing market share in China and Europe, and recently its US market share dropped below 40% for the first time since 2017, according to Reuters. In Q2, revenue and deliveries declined 12% and 13%, respectively. That was the company’s steepest revenue decline in…
[ad_1] “Not only is the ‘nature finance gap’,” said Future Economy Scotland Senior Economist Hanna Wheatley, “ far smaller than has been assumed, but relying on private finance may actively deter restoration by increasing costs and risks for land managers while diverting scarce public funds towards extractive investor returns. “As Scotland found out by embracing PFI contracts for infrastructure, such arrangements can be lucrative for investors while imposing large costs on everyone else.” The Scottish Government and its nature agency, NatureScot, have in recent years been stepping up efforts to attract private investors to help fill Scotland’s funding gap for…
[ad_1] Image source: Getty Images The invention of Ozempic has been a disaster for the Diageo (LSE: DGE) share price. The weight loss drug, also known by its generic name semaglutide or sold as Wegovy, has the peculiar side effect of causing users to drink less. Reasons given include worse hangovers and not getting the same ‘buzz’. As a Diageo shareholder, I’m watching the situation with the Guinness, Smirnoff, and Tanqueray manufacturer with interest. With 27% of British adults being obese and 64% being overweight or obese, use of these anti-obesity treatments might become more and more widespread. Does that…
[ad_1] Taiwan and Paraguay have agreed that they will cooperate in carbon credit trade under the Paris Agreement to help them meet their UN-… [ad_2] Source link
[ad_1] For years, reducing environmental impact has been a key marketing tool for second-hand fashion companies. By announcing the sale of carbon credits, the platform Vestiaire Collective is now taking a significant new step. An original approach “It is much more than a financial innovation: it is proof that circularity generates a concrete and measurable impact,” states Dounia Wone, chief impact officer at Vestiaire Collective, in a press release. The expert is applauding a unique operation within the second-hand fashion sector. This involves converting CO2 savings, achieved through the purchase of pre-loved items instead of new ones, into carbon credits.…
[ad_1] Image source: Getty Images Because of a lack of technology companies, finding huge winners on the FTSE 100 isn’t so easy these days. It’s true that tech titans like Nvidia, Tesla, or Palantir have been some of the best-performing stocks in recent years. But it’s also true that the industries more commonly found on the Footsie can be great stocks to buy too. Mining is one of those ‘dinosaur’ industries the FTSE 100 is known for. Many of the big miners haven’t done so well of late, partly because of the prices of certain metals. One metal, however, has…
[ad_1] Image source: Getty Images The Tesco (LSE: TSCO) share price has risen 17% so far in 2025, and it gained a couple of percent early Thursday (2 October) on first-half results. Despite competition from cut-price cheapies, Tesco posted yet another UK market share gain, to 28.4%. A 5.1% rise in adjusted first-half sales lies behind the feat, and we’ve now seen market share gains for 28 consecutive four-week periods. Adjusted headline measures were up across the board — except for debt, which is down, so that’s good. Net debt fell 3.8%, while adjusted earnings per share (EPS) gained 6.8%…