- Banks’ climate alliance calls vote to ditch pledge on limiting warming . . .
The top global climate alliance for banks will ask members, including HSBC and Barclays, to vote on ditching the pledge to align their $54tn in assets with a Paris agreement aim to limit global
- Overview of Carbon Offset Programs
In an efort to reduce greenhouse gas emissions, countries are implementing a broad range of market-based approaches and carbon price-based mechanisms, including emissions trading schemes (ETSs), scaled-up crediting, ofset schemes, and carbon taxes 1 Over almost two decades, a rich body of experience with ofset mechanisms has been gained, which
- Banking on climate neutrality The global banking industry’s role in . . .
Mostly driven by their own mission, but also client demand, most banks globally are forging ahead with plans to support climate neutrality goals as they believe banks play an important role in the transition to a low-carbon economy
- Analysis: How some of the world’s largest companies rely on carbon . . .
The world’s top fossil-fuel producers, carmakers and tech firms have used carbon offsets to cancel out pollution equivalent to the annual emissions of Finland over the past three years, Carbon Brief analysis reveals
- Best Carbon Offset Providers: How To Choose
A plain guide to what “best” means in practice: registry-retired credits, traceability, integrity checks, and how to avoid weak offsets
- What Are Carbon Offsets? | IBM
Carbon offsets are mechanisms through which buyers fund efforts that remove or avoid greenhouse gas emissions in one place to “offset” GHG emissions elsewhere on Earth
- Carbonplace Gets More Banks to Scale Carbon Trading
Last year, Project Carbon (as it was called at the time) was launched by 4 major banks NatWest Group, CIBC, National Australia Bank, and Itaú Unibanco The goal is to develop a new technology platform, (now called Carbonplace), to provide trading of voluntary carbon credits
- Are banks and FIs over-reliant on carbon offsetting?
Paying for carbon offsetting is usually an easier and cheaper way out But should banks and FIs be ducking their obligations in this way, and have they become too reliant on carbon offset? “Unfortunately, it has become all too common to default to offsets as a way to claim net zero targets,” Mambu’s Anna Krotova says
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