Smart Contract-based Carbon Credits attached to Green Bonds
This report includes three sections: Section A outlines the vision of Project Genesis 2.0, which discusses the green washing and additionality issues in the green bond market, proposes a new green bond structure appended with MOIs, and provides an overview of the benefits demonstrated in the project; Section B takes a deep dive into the two prototypes’ respective technology solutions, key learnings and future considerations. A sample term sheet template for issuers on the proposed green bond and MOI structure contributed by King & Wood Mallesons is attached as Annex.
Mitsui to Participate in Forestry Carbon Credit Investment in Australia
The total investment will be approximately AUD 50 million in the initial phase, and the total estimated volume of carbon offset contribution to be generated through plantation activities will be around 4 million tCO2e, which will be further scaled up to over 10 million tCO2e depending on the market demand. Mitsui aims to combine this low carbon investment with its forestry expertise and contribute to achieving net zero emissions of Mitsui group and its business partners by 2050.
Carbon Opportunities Fund and Sumitomo Corporation of Americas Lead the Way with First Transaction of Tokenized Carbon Assets reflected in the Climate Action Data Trust
The transactions saw SCOA purchasing the first batch of carbon credits tokenized on the Chia blockchain, demonstrating the successful implementation of the Fund’s concept and vision, utilizing the Climate Action Data Trust (“CAD Trust”), a part of the World Bank’s effort through the Climate Warehouse to create an end-to-end digital carbon market infrastructure to increase transparency and quality of carbon credits.
2023 State of the Voluntary Carbon Market
This year’s report includes insights from an analysis of the four major registries on the Voluntary Registry Offsets Database (VROD), the developing high-durability registries, and anonymized data from Carbon Direct’s in-depth diligence evaluations on hundreds of carbon removal projects. See Appendix for more information on our data sources and methodology.
All in on Climate: The Role of Carbon Credits in Corporate Climate Strategies
About "All in on Climate" Report Data and Methodology
Introduction to Emission Reduction Credits
The World Bank Emission Reduction Program (ERP) aims to help countries leverage the benefits of Emission Reduction Credits (ERC) markets, including increased revenue streams, reduced emissions, and improved environmental sustainability.
Policy Context of Emissions Reduction Credit
Demand for Emissions Reduction Credits spans different market segments, each with a distinct set of policy considerations.
Classification of Emissions Reduction Credit
Emissions Reduction Credit (ERC) classification is relevant for how the units are transacted. ERCs can be classified by their crediting mechanism through which they are supplied and market segment characterizing where they are purchased and by the ERC activity.
Article 6 Transaction Structures Report
The objective of this report is to strengthen the understanding of TCAF contributors on different potential transaction structures for Article 6 collaboration, and contribute to the development and implementation of Article 6 transactions in the context of the TCAF program. Particular attention is paid to the link between corresponding adjustments and payments, and transaction liabilities.