Listed below are this week’s articles. Canada swaps carbon tax for ecological incentives; 1.7 billion hectares of forests in 12 years of REDD+; Hong Kong as a carbon credit score hub; the challenges of Local weather Techs; an occasion on Hydrogen Valleys in Europe, on Bridging the Hole with NDCs (regardless of no new NDCs final week), on Sustainable Livestock in Latin America, and OECD City Daysalong with a sexy IPCC Scholarship Program and a Local weather Danger, Valuation, and Investing Certificates from the CFA Institute. Let’s go?
However earlier than that, do you know that our articles are additionally obtainable in video and audio codecs? Click on right here for YouTuberight here for Spotify and provides them a strive.
Canada Proposes Changing Carbon Tax with Inexperienced Incentives.
“Currently, consumers are paying the price for climate change, while big polluters profit from their actions. There is a better way, and we are going to change it.”
No sooner had he taken workplace as Canada’s new Prime Minister, Mark Carney proposed eliminating the carbon tax for customers and changing it with incentives that reward inexperienced decisions, corresponding to the acquisition of electrical automobiles and environment friendly home equipment. The initiative additionally consists of measures to put money into energy-efficient buildings, electrify transportation, and help Canadian corporations internationally.
Alternatively, giant industrial emitters will proceed to pay their share. The carbon tax launched in 2019 began at $20 per tonne and has been rising yearly, with a forecast to achieve $170 per tonne by 2030.
Learn the main points of this rationale here.
UNFCCC and REDD+: 1.7 Billion Hectares of Forests.
A latest UNFCCC article highlights the significance of forests for world meals safety, noting that billions of individuals depend upon them as a vital supply of meals, medication and livelihoods. On this context, it emphasizes the basic position of the REDD+ program in decreasing deforestation and selling sustainable forest administration, contributing considerably to local weather change mitigation and strengthening agricultural resilience.
Because the adoption of the Warsaw Framework in 2013, REDD+ has protected round 1.7 billion hectares of forests – masking greater than 90% of tropical forests and greater than 75% of forests in creating international locations. This effort has enabled communities to keep up entry to forest-based meals assets whereas strengthening their resilience to local weather threats to agriculture.
Learn the total article here.
Hong Kong as a Hub for Carbon Credit and Inexperienced Finance.
With the goal of creating town a strategic hyperlink in world carbon buying and selling, Hong Kong’s Monetary Companies Improvement Council has proposed the creation of “Carbon Connect.” This initiative seeks to dealer carbon credit from mainland China and facilitate their buying and selling on the worldwide market.
Since 2022, Core Local weather, operated by Hong Kong Exchanges and Clearing, has been serving as a platform for voluntary worldwide carbon credit score transactions. Though nonetheless in its early levels, it already presents settlements in Hong Kong {dollars} and yuan, demonstrating town’s dedication to advancing carbon markets.
In a latest dialog with Carbon Credit score Markets, a outstanding Hong Kong businessman highlighted town’s distinctive place to commerce, value and register carbon credit in an environment friendly and built-in method. He additionally commented on the expectation of a rise in transaction liquidity and the lengthening of futures value curves.
Nonetheless, to achieve its full potential within the carbon credit score market, Hong Kong wants to beat challenges associated to standardization, accessibility for worldwide traders and authorized certainty, in line with articles in China Daily and Hong Kong’s The Standard.
Stackoverflow weblog: Can local weather tech startups handle the present disaster?
The article examines the essential position of local weather tech startups as potential brokers of change within the present local weather disaster. It highlights revolutionary initiatives corresponding to nuclear fusion vitality, superior sustainable agriculture techniques, and carbon seize and storage applied sciences. It additionally explores how technological instruments corresponding to synthetic intelligence and cloud computing are taking part in a key position in enabling funding, accelerating mission implementation, and overcoming technical challenges.
The textual content additionally means that the success of those startups relies upon not solely on their technological improvements, but in addition on strategic collaborations and the help of presidency insurance policies geared toward encouraging the event and scalability of local weather options. This mix is introduced as important to deal with world climate-related challenges successfully and sustainably.
📍🇪🇺🖥️ March 24 | From Hype to Pipe: How Hydrogen Valleys drive the H2 financial systemH2Talk webinar, Hydrogen Europe. Concerning the “Hydrogen Valleys”, important efforts for the built-in vitality transition of the European market, coverage improvement, corresponding to a Joint Declaration, financing by way of the Clear Hydrogen Partnership and incentives of round €200 million from REPowerEU. Extra particulars here.
📍🖥️ March 26 | Bridging the Hole: Aligning Lengthy-Time period Methods with NDCsWorld Sources Institute on-line occasion. It is going to focus on sensible approaches on methods to align short-term local weather targets of NDCs with long-term methods for sustainable decarbonization. Register now.
📍🇨🇴 🖥️ April 1 – 3 | 2025 Consolidating the Way forward for Sustainable Livestock: Constructing the Path to MotionBogota, Colombia. The World Financial institution BioCarbon Fund for Sustainable Forest Landscapes (ISFL) initiative for South-South data trade, bringing collectively consultants from Brazil, Colombia, Costa Rica, Uruguay and the US to share classes and insights on the way forward for sustainable livestock farming. See.
📍🇫🇷 April 14 – 17 | OECD City DaysOECD, Paris. About high quality of life in cities of all sizes, addressing city challenges and inspiring innovation and sustainability. Agenda and pre-registration.
🎓💰IPCC Fellowship Program is now open for purposes. Are you a PhD pupil enrolled for at the least one yr, or a postdoctoral researcher in local weather change or associated areas, corresponding to soils, biodiversity, regenerative viticulture, agroforestry, water administration, indigenous practices and the terrestrial carbon cycle? The scholarships are price as much as €15,000 per yr, for two years (2025-2027). Purposes are open till April thirteenth. Particulars here.
🎓🌎 Local weather Danger, Valuation, and Investing Certificates by the CFA Institute. Certificates that gives superior sensible abilities, in-depth insights, and world networking alternatives, serving to to mitigate threat, establish market alternatives, and enhance buyer interactions. Registration is open. Data webinar on March twenty seventh and the primary class begins on April seventh. Extra particulars here.
Did you prefer it? Subscribe to www.carboncreditmarkets.com for all our priceless insights, information, and media updates. And to publicize your initiatives or if you’re involved in documentation and due diligence associated to NBS-type carbon credit in Brazil, go to our new portal, Global search
