Carbon Offset

Asian Development Outlook- April 2025

Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region’s high-income technology exporters remain a bright spot, benefiting from …

Deadwood biomass: an underestimated carbon stock in degraded tropical forests?

Despite a large increase in the area of selectively logged tropical forest worldwide, the carbon stored in deadwood across a tropical forest degradation gradient at the landscape scale remains poorly documented. Many carbon stock studies have either focused exclusively on live standing biomass or have been carried out in primary …

The neutral state: A genealogy of ecosystem service payments in Costa Rica

Using the case of Costa Rica, this paper examines how 'carbon' became an identifiable problem for that state. We trace how, during the 1980s, rationalities of financialisation and security arose in this country that allowed for Payments for Ecosystem Services (PES) to emerge as an economic and political mechanism. Our …

China carbon offset prices diverge on regional bans

The lack of a unified regulatory system for China's fledgling carbon offset market has led to wild variations in prices in different regions, causing uncertainty among both buyers and project developers, traders said. China's national carbon offset registry was launched earlier last month, allowing offsets - known as Chinese Certified …

Overview of carbon offset programs: similarities and differences

This Technical Note provides a summary of the key elements and design features of 11 different carbon offset programs. It discusses the essential differences and similarities between programs, and discusses how these programs address key issues, such as: efficiency, environmental integrity, applicability, and transaction costs. It does not evaluate the …

REDD in Brazil: two case studies on early forest carbon offset projects

In many places where forest carbon projects are implemented, traditional forest use has been blamed for forest loss while the drivers of large-scale deforestation remain unaddressed – and deforestation and the emissions associated with it continue. This article explores some of the controversies that arise when conservation groups or specialist …

State of the Forest Carbon Markets 2014: turning over a new leaf

With the effects of climate change already being felt from New York City to New Delhi, the fight to keep global forest carbon stocks intact, to improve forest management, and to reforest degraded land is more vital than ever. Too often, trees are worth more cut down than standing. But …

Denmark's plan to offset transport emissions sparks EU row

Green champion’s push to funnel car emissions into the emissions trading system seen as attempt to bend rules. A Danish bid to expand carbon offsetting to the transport sector has triggered uproar among NGOs and academics, with one new analysis saying it would devastate efforts to reign in fuel emissions. …

California Moves to Revoke Carbon Credits After Inquiry

California, operator of the nation’s biggest carbon market, plans to revoke offset credits issued to EOS Climate Inc. and Environmental Credit Corp. for ozone-depleting substances destroyed at a plant in violation of its federal permit. The companies operated projects that delivered refrigerants, proven to destroy the earth’s ozone layer, to …

World Bank accuses itself of failing to protect Kenya forest dwellers

A leaked copy of a World Bank investigation seen by the Guardian has accused the bank of failing to protect the rights of one of Kenya’s last groups of forest people, who are being evicted from their ancestral lands in the name of climate change and conservation. Thousands of homes …

Carbon Credits Give $664 Benefits Per Ton, Imperial Says

Carbon-reduction projects generate benefits beyond climate protection of about $664 per metric ton of emissions, according to an Imperial College London University survey. The study into 59 projects showed they bring ecosystem gains including soil protection, water regulation and biodiversity conservation, the university said. The survey’s estimate compares with an …

Unlocking the hidden value of carbon offsetting

New research demonstrates that for every one tonne of CO2 emissions removed from the atmosphere through carbon offsetting, a further $664 of value is delivered in economic, social and environmental benefits to local communities around the world. The research was conducted by Imperial College London in partnership with the International …

SL's 'greenest' reinforces sustainability commitment

The Hirdaramani Group's Mihila Factory, recently re-certified itself as having completely offset it entire operational carbon footprint. Asia's first CarbonNeutral Apparel Manufacturer and the first in Sri Lanka to continually maintain its CarbonNeutral status over three years, the Mihila Factory continues to drive environmental sustainability as a vital aspect of …

Some Chinese carbon projects to exit UN offset market if allowed

Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices, if plans to allow them to exit are implemented. At a meeting last week, members of the board overseeing the …

Norway to buy 21 mln emission reductions for 48 mln euros

(Reuters) - Norway will buy 21 million U.N. backed certified emission reductions (CERs) for an average price of 2.28 euros each in its international tender to purchase carbon offsets, said the financial institution in charge of the deal on Monday. The Nordic Environment Finance Corporation (NEFCO), which manages the tender …

World Bank and UN carbon offset scheme 'complicit' in genocidal land grabs - NGOs

Between 2000 and 2010, a total of 500 million acres of land in Asia, Africa, Latin America and the Caribbean was acquired or negotiated under deals brokered on behalf of foreign governments or transnational corporations. Many such deals are geared toward growing crops or biofuels for export to richer, developed …

Creating greenhouse gas emissions offsets by reducing nitrous oxide (N2O) emissions in agricultural crop production

This Electric Power Research Institute (EPRI) report describes the completion of a major component of the second phase (years four through seven, 2010–2014) of a two-phase, seven-year EPRI supplemental project. This EPRI-sponsored project investigated an innovative approach to developing large-scale, cost-effective greenhouse gas (GHG) emissions offsets by reducing nitrogen fertilizer …

Emissions trading in the People’s Republic of China: a simulation for the power sector

The People’s Republic of China is experiencing sustained high economic growth, and with it some environmental challenges. Its 12th Five Year Plan (2011-2015) lays out plans to “gradually develop a carbon trading market”. In preparation, five cities and two provinces in China have been directed to develop and implement pilot …

Japan, India near carbon offset deal

Japan plans to agree a carbon offset deal with India, Japanese media reported, citing unnamed government sources, potentially making the south Asian country the largest economy yet to sign up to cut greenhouse gas emissions under a Japanese scheme. The two are expected to announce plans to accelerate negotiations over …

China Wants to Feed UN Projects Into Its New CO2 Market

A man takes a photograph standing in front of a structure covered with an image of the Hong Kong island skyline at the waterfront in the Tsim Sha Tsui area on Aug. 22, 2013. United Nations carbon regulators will consider new rules next month to make it easier for China …

China’s New CO2 Offset Market Set for Conversion of UN Projects

United Nations carbon regulators will consider new rules next month to make it easier for China to switch emission-reduction projects from the Clean Development Mechanism to a new domestic offset program. China’s National Development and Reform Commission, the chief regulator, has so far approved 16 projects designed to cut annual …

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