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BusinessGreen: ‘Those criticising should take note’: Study reveals how firms buying carbon credits are ‘outperforming’ peers on climate action
NGOs warn against dismissing voluntary carbon market as ‘greenwashing’ exercise, as EM study shows corporate buyers are more likely to be climate action leaders.
South China Morning Post: Firms such as Hong Kong’s Swire that use credits to offset carbon footprint are more likely to see lower emissions, report says
Companies buying credits to offset their carbon footprint are more likely to report lower emissions and invest more in their reduction, compared with businesses not taking part in voluntary carbon markets, according to a report by data compiler Ecosystem Marketplace.
S&P Global: Carbon credits buyers outperforming peers in climate action: study
A new study by Forest Trends’ Ecosystem Marketplace showed that participation in the voluntary carbon market is a signal that a company is likely already addressing climate change in its direct operations and throughout the value chains.
New research: Carbon credits are associated with businesses decarbonizing faster
Businesses purchasing voluntary carbon are more likely to report lower gross emissions year-on-year, and invest more in emissions reductions, than companies not engaged in carbon markets 10 October, 2023: New research published today suggests that companies that participate in voluntary carbon markets (VCM) are leading across a range of measures of robust climate action, accountability, […]
EU deforestation-free rule ‘highly challenging’ for SE Asia smallholders, experts say
Millions of small-scale farmers in mainland Southeast Asia are at risk of losing access to European forest commodity supply chains unless serious action is taken to help them comply with the new EU deforestation-free regulation. FPTF Managing Director, Phuc Xuan To, lays out challenges and what is at stake for smallholders.
Coalition launched to develop new carbon market standard and platform for community-centered forest conservation that meets the needs of Indigenous Peoples, local communities and Global South countries
New York – As government and corporate leaders gather for New York Climate Week, founding members of the Peoples Forests Partnership have launched the Equitable Earth Coalition. In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end […]
Reuters: Carbon credit market confidence ebbs as big names retreat
Voluntary carbon markets have shrunk for the first time in at least seven years. However, EM Managing Director, Stephen Donofrio, says that companies are still moving in the right direction and putting an emphasis on higher quality, more expensive credits.
Vietnam+: Vietnam exerting efforts to realize net zero commitment
Vietnam is working to achieve its COP21 commitment of net-zero GHG emissions by 2050. At the 4th meeting of the national steering committee for implementing this commitment, the PM requested ministries, localities, and businesses to continue accelerating the implementation of the national strategies on climate change. FPTF Managing Director, Phuc Xuan To, offers his recommendation […]
Nong nghiep: Minister Le Minh Hoan: Vietnamese agricultural products have many advantages before the EUDR
On July 25, the Vietnamese Ministry of Agriculture and Rural Development’s Minister Le Minh Hoan had a working session with the Green Transformation Partner Alliance, including enterprises, investment firms, and domestic associations. FT Founding President & CEO, Michael Jenkins, participated. He encouraged Vietnam to act towards net-zero emissions as quickly as possible.
The Star: Vietnam wood pellet industry set for expansion
In the first half of this year, Vietnam exported 1.85 million tonnes of wood pellets to overseas markets, earning nearly US$300mil. FPTF Managing Director, Phuc Xuan To, provides further market analysis.