AgTechNavigator’s Post

"What gives me hope is the growing recognition of the power of transparency… proof that transparency can lead to action." We're celebrating a major milestone this year – 10 years of SPOTT assessing palm oil companies' ESG disclosures. In our latest blog, Imogen Fanning, our palm oil assessment lead, reflects on her personal and professional journey after leading these assessments for the past few years. From the first time she stepped into the field, seeing both the benefits and environmental challenges of palm oil production, to the progress we’ve seen in corporate transparency, Imogen reflects on how far we've come. Read more: https://lnkd.in/ev2jVJ3k #SPOTT10 #PalmOil #Deforestation #BiodiversityLoss #ESG #Transparency

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Recently, the U.S. Government announced the publication of a Joint Statement of Policy and new Principles for Responsible Participation in Voluntary Carbon Markets (VCMs). These principles aim to ensure that carbon markets drive meaningful climate action while promoting economic opportunity. Voluntary Carbon Markets (VCMs) have the potential to drive significant progress in combating climate change. However, they face challenges in ensuring the integrity and credibility of carbon credits. Recent observations have revealed discrepancies in the reliability of crediting methodologies, raising concerns about transparency and accountability in the market. The new Principles will effectively address these challenges while ensuring the high integrity of the Voluntary Carbon Market. These principles aim to establish robust standards for carbon credit supply and demand, improve market functioning, and ensure fair treatment of all participants. Here's the video clip of the announcement of the new principles by Thomas J. Vilsack, United States Secretary of Agriculture, sourced from the U.S. Department of the Treasury. https://lnkd.in/dGZWaVc6 WOCE - World of Circular Economy, Amrut Nature Solutions Private Limited, GHG Reductions Technologies Pvt. Ltd. #EKIEnergyServices #EKIEnergy #EKI #Enking #EnkingInternational #VoluntaryCarbonMarket #VCM #CarbonMarkets #Decarbonisation #HighIntegrity

New revelations from our investigation with Voxeurop to Expose Scammy Greenwashing (#ESG) #Disinformation. We found out that,through their supposedly #greenfunds regulated by the EU legislation on sustainable #finance (#SFDR), banks invested more than 30 billion USD in the World top ten carbon emitters in #fossilfuels (#oil and #gas) extraction and processing. The 10 banks and their respective green funds most exposed to these companies currently account for a total 11 billions USD of investments. The total carbon emissions backed by all “fake” eco-funds investing in the oil and gas #CO2 champions equate to almost 2 billion of tons as an average between 2017 and in 2023. In our upcoming story on Voxeurop , we’ll reveal names and countries of banks labeling as “#green” funds which make profits through supporting the dirtiest companies in the business sectors which contribute the most to the #climatecrisis.We’ll also include the investment figures for all banks and their related funds. If you want to follow our ongoing investigation on fake GreenFinance or submit your information and opinions to our attention, post on Linkedin with the tags #ESG_Disinfo and Voxeurop. Hannah Greep Paul Schreiber Neil Verlander Monique Mikhail Clare Lyons Fiona Hauke Daphne Cronin Samuel Bossart Pablo Grandjean Sarah Clawson Lian Hillier William Glover Rachel Crossley Kat Sutton Isabella Rota Baldini Ryan Brightwell Michelle Auger, CFA Maria van der Heijden Emily Ahmed Nadine Strauß Jennifer Rynne Camille Etienne Frederic Hans Sam van den Haak Daniela Pichler Krzysztof Adamus ICA Daniel Barth Xavier Sol Emanuela Barbiroglio Lorenzo Chiavarini Brivio Enrico Kritica Economica Anna Krajinska Eleonora A. Daniela Pichler Shauna Deidre Matkovich

If this information is accurate, it suggests a concerning trend in the carbon credit trading sector. The recent revelations regarding the origin and legitimacy of these credits, particularly in relation to China, raise serious questions about the credibility of the market. The article highlights alarming findings about the source of these credits, indicating a potential systematic issue. The implications of such practices on environmental efforts and global sustainability are significant and warrant attention. To read more about the reported discrepancies and potential implications, check out the article here: https://lnkd.in/dqFSyvVZ

Calling all carbon market experts! I have been reading various posts on Suriname's plans to finance the protection of its forests. Specifically, this was quoted in MSCI Carbon Market's most recent news letter: "The 'ITMO.com' platform announced its first REDD+ issuances, for 1.5 MtCO2e from Suriname. These are being marketed as carbon "credits" but this definition has been challenged by various stakeholders. Such payments for results are reported to the UNFCCC under the Warsaw Framework, but this is not a recognized crediting mechanism and is not part of Article 6." I would like to understand the implications of buying these if they are not part of Article 6? Are these units less representative of the mitigation impact of Suriname's conservation efforts? Are the units less tradable? Maybe someone can point me to a webinar or commentary on this? Thanks! #Suriname #MSCICarbonMarkets

An interesting carbon trading scheme is to create a supply chain ecosystem with a focus on ensuring three main aspects; 1. The society and community as the sovereign owner and beneficiary 2. The government as a strong policy maker and regulator 3. The company as a buyer and trader is responsible for the collective effort to reduce emissions significantly In my hypothesis, if these three aspects are carried out properly and disciplined, it will be produce a sustainable economic impact, social justice and ecological justice. #letsresearch #carbontrade #capandtrade

HKEX to Introduce Gold Standard Carbon Credits on Core Climate Hong Kong Exchanges and Clearing Limited (HKEX) was (Thursday) pleased to announce the inclusion of Gold Standard's Verified Emission Reductions (GS-VERs) on the Core Climate platform, HKEX's carbon marketplace, with effect on 1 August 2024. HKEX Co-Head of Markets Glenda So said: "We are delighted to add Gold Standard's Verified Emission Reductions to our carbon market ecosystem. The addition will allow a more diverse range of internationally certified climate projects to be available on the Core Climate platform and reflects our commitment to providing investors and corporates with more options to support climate projects as they progress in their net zero transition journeys." Gold Standard is among the world's most widely adopted carbon credit certification programmes and focuses on accelerating global progress towards combatting climate change and sustainable development. Gold Standard issued Verified Emission Reductions (GS-VERs) are a form of carbon offset that can be traded on the voluntary market for carbon credits. Each GS-VER represents one tonne of CO2 emissions. Core Climate will support the trading, settlement, custody, and retirement of GS-VERs, providing a seamless and integrated experience for Core Climate's users. #settlement #climate #carbonmarket #HKEX #carboncredits

Listing of Green Bonds on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange (CSE) is drawing significant interest from companies and investors alike. This interest is driven by the growing global emphasis on sustainability and the increasing demand for environmentally responsible investment opportunities. Green bonds, in particular, offer a unique combination of financial returns and positive environmental impact, making them highly attractive in today’s market. #Cyprus #LLPOLawFirm #GreenBonds #SustainableInvesting #EnvironmentalImpact #CyprusStockExchange #EmergingCompaniesMarket #SustainableFinance #EcoFriendlyInvestments #ResponsibleInvesting #GreenFinance #InvestmentOpportunities #Sustainability #EcoInvesting #FinancialReturns #EnvironmentalSustainability #GreenInvestment https://lnkd.in/dr39-Umf

Happy to share a new website that captures World Bank’s legacy initiatives in global emissions reductions efforts. From 1999 through 2020, the World Bank’s first generation of carbon funds - notably the Prototype Carbon Fund (PCF) and the BioCarbon Fund (BioCF) - pioneered the preparation and implementation of carbon finance projects, including the creation of GHG emission reduction methodologies and emission reduction purchase agreements (ERPAs). These 10 funds ultimately produced over 200 million t-CO2e in certified offsets across four different mechanisms or standards and five different carbon asset types. The World Bank developed 42 approved methodologies across a wide range of sectors, mostly under mechanisms under the Kyoto Protocol, which benefited projects well beyond the Bank’s portfolio. The World Bank has now made available all public information capturing this pioneering work in a new website World Bank Kyoto Protocol (KP) Funds. The site breaks out the KP portfolio by methodology, by fund, and by project. The new website also provides access to all publications associated with the overall portfolio as well as with the individual funds. https://lnkd.in/eA2gHQHf