Viridios Capital

Some interesting data from Viridios AI just released. This October retirements in 2024 have reached 133,913,228, already surpassing the totals for the same period in both 2022 (132,255,363) and 2023 (126,133,448). If this momentum continues, we’re on track for a record-breaking year in #carboncreditretirements, reflecting a growing commitment to #climateaction.

Thank you for voting for Viridios Capital in the 2024 Environmental Finance Voluntary Carbon Market Rankings. For the third year running, we are honoured to be recognised as runner up in the Best Trading Company category. If you’re looking to access carbon markets in Australia or internationally, get in touch with our corporate solutions team: https://lnkd.in/gDhw83ae #environmentalfinance #voluntarycarbonmarkets #vcm #awards #besttradingcompany #carbonmarkets #carboncredits #trading 

Congratulations to Carbonwave who has been voted Best Individual Offsetting Project in this year’s Environmental Finance Voluntary Carbon Market Rankings!    Generating carbon credits by stopping the decomposition of sargassum and other macroalgae that would otherwise generate emissions, they have developed a truly innovative approach to the fight against climate change.      They also use the waste material to make a range of products such as Sea Balance, the world’s first seaweed-based cosmetic emulsifiers.   If you’re interested in purchasing these unique carbon credits, contact our corporate solutions team today:  https://lnkd.in/ghbBh5-2   #buycarboncredits #bluecarbon #SustainableDevelopment  #CarbonOffsetting #carboncredits #Innovation  #Biomaterials #ClimateImpact #Sargassum

On Friday the U.S. Commodity Futures Trading Commission finalised the first federal guidelines for unregulated carbon offsets: https://lnkd.in/ea6nCREM The new measures will see exchanges validate carbon offset derivatives and have been designed to promote the integrity of carbon credits and enable greater liquidity and price transparency. Last year Morgan Stanley estimated that the voluntary carbon-offsets market could grow to $100bn by 2030, up from $2bn in 2023: https://lnkd.in/e2u-JbAt You can read more about the new guidelines here: https://lnkd.in/gw8ZFcVf

A great discussion of the recent study 'science' by The Washington Post makes clear: "At no point in the nearly half-billion years that Judd and her colleagues analyzed did the Earth change as fast as it is changing now." and “In the same way as a massive asteroid hitting the Earth, what we’re doing now is unprecedented.” It is all about the rapid rate of temperature increase and our inability to cope with the resulting conditions. "Life on Earth has endured climates far hotter than the one people are now creating through planet-warming emissions. But humans evolved during the coldest epoch... " Thanks for posting Andreas Rasche Article in Washington Post: https://lnkd.in/dRvKM-Sr

𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮’𝘀 𝗡𝗲𝘄 𝗠𝗮𝗻𝗱𝗮𝘁𝗼𝗿𝘆 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗥𝘂𝗹𝗲𝘀: 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀   The Australian Senate has now ratified legislation mandating medium to large organisations and asset owners to disclose climate-related financial risks, opportunities, and carbon footprints. This shift aligns Australia with global standards, maintaining our businesses' competitiveness on the world stage.   𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: • 𝘚𝘤𝘰𝘱𝘦 𝘢𝘯𝘥 𝘛𝘪𝘮𝘦𝘭𝘪𝘯𝘦: Applies to companies and asset owners meeting specific financial thresholds, with implementation starting January 2025. • 𝘙𝘦𝘱𝘰𝘳𝘵𝘪𝘯𝘨 𝘙𝘦𝘲𝘶𝘪𝘳𝘦𝘮𝘦𝘯𝘵𝘴: Annual sustainability reports must include detailed analyses of climate risks and opportunities, resilience assessments, and comprehensive disclosures of Scope 1, 2, and 3 emissions. • 𝘐𝘮𝘱𝘢𝘤𝘵 𝘰𝘯 𝘝𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴: Transparency in climate-related disclosures will be critical for assessing medium to long-term resilience and accurately valuing assets. • 𝘎𝘭𝘰𝘣𝘢𝘭 𝘊𝘰𝘯𝘴𝘪𝘴𝘵𝘦𝘯𝘤𝘺: Based on the International Sustainability Standards Board (ISSB) framework, ensuring consistency and comparability across jurisdictions. • 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺: These disclosures are essential for aligning with global investor expectations, protecting capital, and ensuring long-term financial stability and strategic risk management.   For well over a decade, our team at Pangolin Associates has empowered organisations across Australia with science-driven sustainability solutions that make business sense.   We are already working with private and government clients to navigate these new requirements, ensuring compliance and supporting a smooth transition to a more sustainable future.   #ClimateReporting #Sustainability #FinancialRisk #PangolinAssociates 🔗 https://lnkd.in/dN3DiY2S

Denmark has introduced a new law imposing a carbon tax on livestock emissions. Under the proposed Bill: ➡ Danish emissions would be reduced by 1.8 million tonnes of CO2e by 2030. ➡ Farmers pay approximately US$43 per metric ton of carbon dioxide equivalent produced by their livestock.  ➡ The tax rate will increase to approximately US$108 in 2035. ➡ Levies would be partially offset by a 60 percent tax deduction, taking them closer to US$17 per metric ton in 2030 and US$43 in 2035.   ➡ More than 600,000 acres of new forest areas would be established. According to Chairman of Green Tripartite Henrik Dam Kristensen: “The agreement will make Denmark an international leading country for future green land management. We can all be proud of that.” Read the full statement: https://lnkd.in/dHD-D_Gs If you're looking to offset hard to abate emissions, contact our corporate solutions team: https://lnkd.in/gDhw83ae #Denmark #livestock #emissions #carbontax #offset

In the latest edition of Carbon Wrap: ✅ Vote in Environmental Finance's Voluntary Carbon Market rankings ✅ Watch a speech by the U.S. Treasury Secretary Janet Yellen backing voluntary carbon markets ✅ Have your say on Australia's draft environmental planting ACCU methodology ✅ Learn more about B Corp certification

Today, The Integrity Council for the Voluntary Carbon Market (ICVCM) announced that it has approved the first set of methodologies that meet its Core Carbon Principles (CCPs). To date, the ICVCM has approved two methodologies that are active in the VCS Program. In accordance with this news, CCP labels are now active on the Verra Registry and may be applied to Verified Carbon Units (VCUs) from projects using methodologies that are eligible in the Verified Carbon Standard (VCS) Program and that have been approved by the ICVCM. The CCPs are a critical catalyst for bringing confidence to the voluntary carbon market, and we are proud to be part of this effort. As of June 6, 2024, Verra has applied CCP labels to over 10 million eligible VCUs issued to VCS projects on the Verra Registry. Project proponents that are using ICVCM-approved methodologies can request CCP labels for VCUs issued on the Verra Registry if the labels have not already been applied. Read a statement by Judith Simon, Verra's president and interim CEO: https://bit.ly/4aP9JR6 Read the full announcement: https://bit.ly/4aSe5XR #Verra #StandardsMatter #CarbonMarkets #CarbonCredits #ClimateChange

In the latest edition of the #carbonwrap newsletter, we: ✅ Look at the US government's landmark statement on the voluntary carbon market (#vcm). ✅ Provide a guide to Australian Carbon Credit Units (#ACCUs). ✅ Assess the environmental planting methodology used in the Australian carbon market and compare it to the Human-Induced Regeneration method. ✅ Look at the cost of generating #REDD+ credits and the financing required to ensure their longevity. ✅ Show you where to access data on more than 2,000 Australian carbon projects.