Billions of dollars are pouring into tech-based solutions to suck carbon dioxide from the atmosphere but the UNFCCC says they are unproven and pose unknown risks.
The carbon credit certifier has both grown rapidly and faced mounting integrity accusations during outgoing CEO’s tenure.
Verra picked a controversial carbon credit verifier to review its new forest offset rules and critics say the changes don’t fix the problem
Japanese engineering giant Mitsubishi has announced a major investment in carbon removal technology, despite continuing to run fossil fuel power plants.
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
New carbon credit guidelines do not recommend a mandatory levy to fund adaptation despite calls from vulnerable countries and experts
The government commissioned advice from expensive consultants from EY, a company that had also worked with carbon offsetters and the fossil fuel industry.
Indigenous people protect the forests but the organisation writing up a rule-book for high-quality carbon offsets has not adequately consulted them
Shell’s rice farming offset projects are under review. Climate Home found them riddled with accounting loopholes and questionable integrity claims.
More companies claim that supply-chain carbon removal is the way forward. But a new report raises concern over the credibility and transparency of insetting.
Companies and countries could take credit for the same tonne of CO2 cut under rules being negotiated in Sharm el-Sheikh
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
The US special envoy wants to use carbon credits to speed up the clean energy transition – but experts are sceptical the scheme can meet best practice.
The World Bank wants to direct the NFT craze towards projects that cut emissions and improve the transparency of carbon offset markets
A project that supplied green hydrogen for buses at the Winter Olympics could be the first of its kind to sell carbon credits through the Clean Development Mechanism
An adaptation levy on carbon credits could raise up to $2.5bn a year by 2030, providing more predictable support for climate vulnerable countries
Analysis for Climate Home identifies hundreds of problematic projects that could be used to greenwash national and corporate climate plans
Policy upheaval and stark criticism of the quality of carbon offsets from a former official have thrown Australia’s ability to deliver on carbon targets into doubt
Two initiatives will release standards for the voluntary carbon market this year, while campaigners denounce offsetting as a “scam” that delays real climate action
State-owned utilities are using rising energy costs to attack the EU emissions trading system, stoking tensions between Warsaw and Brussels