Discover and read the best of Twitter Threads about #carbonmarkets
Most recents (22)
#1
The #BonnClimateConference failed once again to address the key drivers of the #ClimateCrisis [= #FossilFuels]. Delay is the new Denialism.
A 🧵on the #FalseSolutions increasingly being pushed in the @UNFCCC negotiations: #CCS #CDR & #geoengineering are dangerous distractions!
The #BonnClimateConference failed once again to address the key drivers of the #ClimateCrisis [= #FossilFuels]. Delay is the new Denialism.
A 🧵on the #FalseSolutions increasingly being pushed in the @UNFCCC negotiations: #CCS #CDR & #geoengineering are dangerous distractions!
#2
Science is crystal clear, the only way to meaningfully reduce emissions is a rapid, equitable, full & funded phase-out of ALL fossil fuels. In this essential #JustTransition, there's is NO space for dangerous distractions such as #CCS or #CarbonRemoval.
ciel.org/news/ipcc-sums…
Science is crystal clear, the only way to meaningfully reduce emissions is a rapid, equitable, full & funded phase-out of ALL fossil fuels. In this essential #JustTransition, there's is NO space for dangerous distractions such as #CCS or #CarbonRemoval.
ciel.org/news/ipcc-sums…
#3
#CCS is NOT a climate solution @CA_Latest climateanalytics.org/publications/2…
#CCS may carry even more risk & uncertainty than drilling for oil or gas, according to @ieefa_institute
ieefa.org/resources/norw…
#CCS is NOT a climate solution @CA_Latest climateanalytics.org/publications/2…
#CCS may carry even more risk & uncertainty than drilling for oil or gas, according to @ieefa_institute
ieefa.org/resources/norw…
Anyone following the public discourse on #carbonmarkets saw the latest reporting on the important issue of baselines for forest carbon projects. Rather than reacting to sensational claims, I want to offer a broader perspective on the challenges/opportunities of this sector.
1/n
1/n
Reading only headlines would leave one with a gross misperception about the state and potential of this space. While it’s true that there is an alarming number of projects that are over-credited, there are plenty of projects operating today delivering a clear, measurable impact.
Under Pachama's rigorous evaluation standards, we found dozens of projects that are correctly credited, sequestering millions of tons of CO2 and effectively protecting millions of hectares of rainforest truly under threat.
Is reducing carbon emissions enough to solve the climate crisis? 🧵
According to SBTi, decarbonizing a company’s value chain in line with science and reaching net-zero emissions by mid-century, is increasingly becoming the minimum societal expectation on companies.
#climate
According to SBTi, decarbonizing a company’s value chain in line with science and reaching net-zero emissions by mid-century, is increasingly becoming the minimum societal expectation on companies.
#climate
1/4 The Net-Zero Standard stated that companies must decrease their emissions, but they should also remove the residual emissions and go beyond value chain mitigation.
2/4 Companies need to undertake actions or make investments that support climate mitigation outside of their value chains, especially those that generate additional co-benefits for people and nature.
How does measurement, Reporting and Verification (MRV) de-risk carbon forward contracts? 🧵
#fintech #climate #netzero #carbonmarkets #climatefinance #mrv
Photo by NASA on Unsplash
#fintech #climate #netzero #carbonmarkets #climatefinance #mrv
Photo by NASA on Unsplash
1/8 Measurement, Reporting, and Verification (MRV) is a system used to de-risk carbon forward contracts by providing assurance that the carbon emissions reductions claimed by a project are accurate and reliable.
2/8 MRV systems help ensure the quality of carbon offset projects by providing a standardised and transparent way to measure, report, and verify the emissions reductions generated by a project.
1/5 As part of its efforts to protect the environment, restore biodiversity, and support local ecosystems, @Earthbanc planted 10,000 trees at a selected location in western Germany.
#climatenews #climateaction #netzero #carbonmarkets #fintech #climate #reforestation #COP27
#climatenews #climateaction #netzero #carbonmarkets #fintech #climate #reforestation #COP27
2/5 The tree planting for ERGO Group AG was developed in partnership with #walk15.app, which has a user base of over 420,000 and growing.
3/5 A tree planting program has a multi-fold impact on the environment, which reduces the effects of climate change, sequesters carbon dioxide, provides biodiversity benefits, reduces soil erosion and improves water quality runoff.
1/4 Dec 5th is annually celebrated as World Soil Day to observe the importance of soil as a critical component of ecosystem health. It is also a day to advocate for regeneration of soils globally.
#worldsoilday #soil #soilcarbon #carbonmarkets #climateaction #netzero #climate
#worldsoilday #soil #soilcarbon #carbonmarkets #climateaction #netzero #climate
2/4 One of the biggest concerns is that by degrading soils, humanity is not only reducing crop productivity, but is degrading human and animal health, and particularly the soil-gut biome. This needs to be immediately reversed with better management.
3/4
@earthbanc is a promoter of reforestation, conservation, protection, and tree planting which restores soil organic carbon and biology, prevents erosion and restores local ecosystems.
#climatechange #reforestation #carboncredits #carbonpricing #carbonfootprint #conservatio
@earthbanc is a promoter of reforestation, conservation, protection, and tree planting which restores soil organic carbon and biology, prevents erosion and restores local ecosystems.
#climatechange #reforestation #carboncredits #carbonpricing #carbonfootprint #conservatio
🚨a wide set of #COP27 decisions is now distributed and once again the #ParisAgreement is used to advance false solutions promoting the status quo rather than accelerating radically the race to phase out fossil fuels... A overview of some key problematic decisions...
🧵1/
🧵1/
2/ 🎩cover decisions: despite some good language on #Renewables, the #COP27 political outcome makes no progress on recognition of need to phase out ALL fossil fuels & only replicate Glasgow language without any recognition of ongoing #FossilFuels crisis
unfccc.int/documents/6243…
unfccc.int/documents/6243…
3/🤡 cover decision also reuses language suggesting that coal emissions might be "abated" through future technologies - this language diverts away from unequivocal demand for an effective phasing out of all fossil fuels in line with science
🚨 In the last hours at #COP27 Parties proposed a new agreement on #CarbonMarkets that does not include any meaningful references to #HumanRights & Indigenous Peoples rights & could undermine ambition & effective #ClimateAction.
🗣️ This text MUST BE REJECTED.
🗣️ This text MUST BE REJECTED.
🟢The good: The recommendations on #Article6o4 (carbon markets) will be sent back to the #SupervisoryBody with a request for more stakeholder engagement BUT this will be the same body tasked with the same mandate that came up with a very bad decision at the beginning of #COP27.
The bad:
🔴 No operative reference to #HumanRights, #IndigenousPeoples rights & labour rights
🔴 No reference to the work needed to be grounded in intl law & science
🔴 Reference to environmental & social impacts opens the door for the weakening of language & sets precedents.
🔴 No operative reference to #HumanRights, #IndigenousPeoples rights & labour rights
🔴 No reference to the work needed to be grounded in intl law & science
🔴 Reference to environmental & social impacts opens the door for the weakening of language & sets precedents.
📢BREAKING: 95% of #COP27 sponsors have ties to the fossil fuel industry 📢
New research by @StopCorpAbuse @corporateeurope shows how 18 out 20 sponsors are linked to climate-wrecking fossil fuel corps.
Read the summary and then dig into each sponsor in this thread 🧵👇🏽
New research by @StopCorpAbuse @corporateeurope shows how 18 out 20 sponsors are linked to climate-wrecking fossil fuel corps.
Read the summary and then dig into each sponsor in this thread 🧵👇🏽
#COP27 sponsors include
🏦 Banks like @afreximbank @MashreqTweets
💽 Silicon valley beasts like @Microsoft @Cisco @IBM @Google
📶 Communication giant @VodafoneGroup
✈️ Airline @EGYPTAIR
🚘 Car company @GM
🫗 And of course @CocaCola
+ many more
🏦 Banks like @afreximbank @MashreqTweets
💽 Silicon valley beasts like @Microsoft @Cisco @IBM @Google
📶 Communication giant @VodafoneGroup
✈️ Airline @EGYPTAIR
🚘 Car company @GM
🫗 And of course @CocaCola
+ many more
📶@VodafoneGroup 📶
The UK telecoms company built a private 5G network for the oil&gas sector
enterpriseiotinsights.com/20200806/chann…
Oh... and its chairman, Gerard Kleisterlee, served as Deputy Chair of Directors on @Shell’s Board for 9 years.
vodafone.com/overlays/gerar…
#PollutersOut
The UK telecoms company built a private 5G network for the oil&gas sector
enterpriseiotinsights.com/20200806/chann…
Oh... and its chairman, Gerard Kleisterlee, served as Deputy Chair of Directors on @Shell’s Board for 9 years.
vodafone.com/overlays/gerar…
#PollutersOut
The Natural Capital Investment Alliance was created by SMI ("King" Charles - architect of #GreatReset) to serve as a central hub for global corps/finance to scale-up investments into "Natural Capital". #HSBC (Climate Asset Mgt) is a founding member.
👇
sustainable-markets.org/ncia/
👇
sustainable-markets.org/ncia/
2020: #Pollination partnered w/ HSBC to launch Climate Asset Mgt, which aims to be "world's largest dedicated natural capital asset manager"
Pollination: "...with #nature markets valued at more than $7trillion a year, we are in a new era of investing..."
sustainable-markets.org/news/the-smi-s…
Pollination: "...with #nature markets valued at more than $7trillion a year, we are in a new era of investing..."
sustainable-markets.org/news/the-smi-s…
June 8, 2022: "Leading financial institutions partner with #UNECA & FSD #Africa to form the African Natural Capital Alliance (ANCA)" #UK
ANCA is a TNFD (Mark Carney) piloting programme partner.
#Nature as the new asset class.
fsdafrica.org/press-release/…
ANCA is a TNFD (Mark Carney) piloting programme partner.
#Nature as the new asset class.
fsdafrica.org/press-release/…
🔥🙈#COP27 barely started & recommendations are already adopted that would seriously undermine the integrity of the #ParisAgreement
Last night, the supervisory body on #carbonmarkets finalised recommendations regarding "removals"
3⃣ things to know about this outcome...
🧵[1/7]
Last night, the supervisory body on #carbonmarkets finalised recommendations regarding "removals"
3⃣ things to know about this outcome...
🧵[1/7]
2/7 decision adopted in middle of night makes clear that Supervisory Body is pressing forward opening the door for a wide range of “removals” incl. engineering of the oceans to “offset” emissions despite the existence of an international moratorium prohibiting this
3/7 Despite the multiple cases of #HumanRights violations resulting from previous market-based “offsetting” schemes–the Supervisory Body suggest that enforcement of environmental and social safeguards shld remain a prerogative of host country–thus making any safeguards toothless
I'd recommend everyone listen to this. Not directly related to #VLRM in terms of the #GSX, but in terms of the 20% option on GSX group! Very exciting indeed! this is very exciting.
If you listen to some of the concepts talked about linking different trading groups together such as FIAT, #Crypto, #Metals #Carbon etc then GSX can do ALL of that.
The story is unfolding nicely, becoming more clearer with each passing week about how this deal came about now and the option on both companies, essentially this is Patrick's vision from his previous works but GSX have the technology to make it happen.
(1/17) We've been talking a lot about #carbonmarkets — which has felt like a shift for some of our trad #commodities, #metals, #privacy and #tech listeners. We wanted to share how we see #smartermarkets as the thread stringing them together, in this 🧵:
(3/17) Globally, we've had since the 1800s to understand commodity #markets. #CarbonTrading didn't start until 1997 when 180 countries signed the #KyotoProtocol. With it — 4 types of #carboncredits were created: AAU, RMU, ERU and CER.
1/25 Our new paper on #MitigationDeterrence effect of Greenhouse Gas Removal #GGR #CDR and how to minimize it is out.
Coauthored with @nilsmarkusson @bankfieldbecky @szersynski @dtyfield, @Lancs_LEC
Full paper #openaccess here in EPE: journals.sagepub.com/doi/10.1177/25… @envplane
A 🧵
Coauthored with @nilsmarkusson @bankfieldbecky @szersynski @dtyfield, @Lancs_LEC
Full paper #openaccess here in EPE: journals.sagepub.com/doi/10.1177/25… @envplane
A 🧵
2/25 Sadly this took a long time to get published … perhaps appropriate for a paper called ‘attractions of delay’ which explains climate procrastination as a predictable outcome of multiple reasons for prevarication. Fortunately the findings are still topical …
3/25 TLDR1: #GGR discourses exemplify how tech promises enable prevarication by being enrolled in scientific, cultural, economic & political processes; many stakeholders share concerns that #MitigationDeterrence is arising from exaggerated expectations of future GGR tech.
This is a learning thread.
A lesson in #language, "purpose" & #NewPower.
From inception, #NetZero was devised as the language to garner uptake/demand from citizenry while simultaneously building a framework to propel #CarbonMarkets, #CCS technology, #NETs, & #nuclear.
A lesson in #language, "purpose" & #NewPower.
From inception, #NetZero was devised as the language to garner uptake/demand from citizenry while simultaneously building a framework to propel #CarbonMarkets, #CCS technology, #NETs, & #nuclear.
Note the panel. Nicole Schwab as moderator (daughter of Klaus Schwab), #naturebasedsolutions, 1TDOTorg, #Gates, #Carney (#ImpactInvesting), Nazareth (regulation), & Bill Winters, chair, Taskforce on Scaling Voluntary #CarbonMarkets.
"#NewPower – The ability to harness the connected crowd to get what you want" – Jeremy Heimans, Purpose/Avaaz/Verifed
Launched Sept 2020 by Carney, the taskforce includes #BlackRock #BP #Saleforce #Shell #Unilever #GoldmanSachs #NaturalCapital Partners:
iif.com/tsvcm
Launched Sept 2020 by Carney, the taskforce includes #BlackRock #BP #Saleforce #Shell #Unilever #GoldmanSachs #NaturalCapital Partners:
iif.com/tsvcm
Feb 25 2021: "An expected dash by big corporations for #offsets to meet their climate targets has prompted financial exchanges to launch #carbon #futures contracts to capitalise on what could be a multi-billion dollar market."
#NetZero #EmergingMarkets
thetelegram.com/business/reute…
#NetZero #EmergingMarkets
thetelegram.com/business/reute…
"...their market is expected to grow to as much as $50 billion by 2030. Among the major corporations that say they expect to use them to compensate for any #emissions they cannot cut from their operations & products are #Unilever, EasyJet, Royal Dutch #Shell & #BP."
"The Institute for International Finance's Taskforce on Scaling Voluntary Carbon Markets, launched by U.N.’s Special Envoy for Climate Action Mark Carney" aspires to "create a multi-billion dollar offset market in the coming months."
cnbc.com/2021/01/26/win…
cnbc.com/2021/01/26/win…
Jan 25 2021: Klaus Schwab on Feb 2020 BC/AC [before/after #covid] moment:
"Major change happened when the US #BusinessRoundtable, which represents major companies in the US, actually issued a statement embracing the stakeholder concept."
#GreatReset
"Major change happened when the US #BusinessRoundtable, which represents major companies in the US, actually issued a statement embracing the stakeholder concept."
#GreatReset
Schwab: "The crisis has shown us we need a mindset change & we need also to move from a society where business & governments have very separate tasks, to a society whereas the two #together w/ #civilsociety work hand in hand."
"To Change Everything":
theartofannihilation.com/the-manufactur…
"To Change Everything":
theartofannihilation.com/the-manufactur…
Schwab: "We still measure only how a company uses the #financialcapital. Whether it's really efficient in terms of
allocation of financial capital. But we should measure how a company, in which way a co., uses #naturalcapital [] so that's the essence of #stakeholdercapitalism."
allocation of financial capital. But we should measure how a company, in which way a co., uses #naturalcapital [] so that's the essence of #stakeholdercapitalism."
This thread will follow Feb 5 2021 thread [India
#FarmersProtests Goes Vogue] exploring sudden #celebrity uptake - as gov't struggled to contain #resistance.
Here we can study #GlobalCitizen & structure/mechanisms of such NGOs, financed to serve corporate/imperial interests.
#FarmersProtests Goes Vogue] exploring sudden #celebrity uptake - as gov't struggled to contain #resistance.
Here we can study #GlobalCitizen & structure/mechanisms of such NGOs, financed to serve corporate/imperial interests.
#GlobalCitizen model: nurturing of #celebrity worship as a "pop & policy" model to harvest/exploit targeted youth demographic. Via partnerships w/ #Rihanna, celebrities, influencers, athletes, - it intends to become world's "leading international voice, educator, & influencer".
#GlobalCitizen is the Global Poverty Project, Inc.
UK: "We are a sub recipient of funding from the #Gates Foundation (via Global Poverty Project Inc)."
2019: $8,445,887.00 "To mobilize global public support for the Sustainable Development Goals" #SDGs
gatesfoundation.org/search#q/k=Glo…
UK: "We are a sub recipient of funding from the #Gates Foundation (via Global Poverty Project Inc)."
2019: $8,445,887.00 "To mobilize global public support for the Sustainable Development Goals" #SDGs
gatesfoundation.org/search#q/k=Glo…
WEF's Klaus Schwab: "In all likelihood, unless the #pandemic evolves in an unforeseen way, the consequences of COVID-19 in terms of health & mortality will be mild..."
New week-end thread w/ @spencerlatu
#Covid19 as catalyst for #WEF #greatreset
#NewNormalFeudalism
New week-end thread w/ @spencerlatu
#Covid19 as catalyst for #WEF #greatreset
#NewNormalFeudalism
Written by Klaus Schwab & Thierry Malleret, Geneva, July 2020.
"Until 2011, Mr. Malleret was a senior partner at the Geneva-based IJ (Informed Judgment) Partners, an investment boutique for ultra-high-net-worth individuals."
#WEF #GlobalRiskNetwork
theglobalist.com/contributors/t…
"Until 2011, Mr. Malleret was a senior partner at the Geneva-based IJ (Informed Judgment) Partners, an investment boutique for ultra-high-net-worth individuals."
#WEF #GlobalRiskNetwork
theglobalist.com/contributors/t…
"Malleret is the co-founder & principal author of the Monthly Barometer, an analytical and predictive newsletter on macro issues for high-level decisionmakers." - "Relevant to all; read by the influential"
monthlybarometer.com
monthlybarometer.com
With #Covid19 as the ultimate catalyst, the push is on to implement the financialization of nature.
The Natural Capital Coalition is made up of approx. 300 orgs/corps while working w/ thousands. Partners include #CocaCola, #Shell, #Walmart.
Those with money will own #nature.
The Natural Capital Coalition is made up of approx. 300 orgs/corps while working w/ thousands. Partners include #CocaCola, #Shell, #Walmart.
Those with money will own #nature.
Those w/ $ will own #nature.
The very corporations that have brought us to the precipice of #ecological #collapse - will now be appointed as the new stewards of nature. This has been dubbed (#XR Business - Elkington/Volans) as the new biosphere economy.
#NewDealForNature
The very corporations that have brought us to the precipice of #ecological #collapse - will now be appointed as the new stewards of nature. This has been dubbed (#XR Business - Elkington/Volans) as the new biosphere economy.
#NewDealForNature
Let's take a look at how #Covid19 has been successfully leveraged (both fear & distraction) in order to aid the largest transformation of the global economic system in modern history. Assigning monetary value to nature ("natural capital") will replace #GDP.
#HiddenInPlainSight
#HiddenInPlainSight
Coming up: The #NewDealForNature
The financialization of nature, global in scale.
#COVID19 is the omni-solution for the implementation of all ruling class "solutions" & desires. The further consolidation of power. The theft of nature.
#GND #GGND #ecofascism #biofascism
The financialization of nature, global in scale.
#COVID19 is the omni-solution for the implementation of all ruling class "solutions" & desires. The further consolidation of power. The theft of nature.
#GND #GGND #ecofascism #biofascism
"The #COVID19 crisis shows us that it is possible to make transformational changes overnight... a different world with a different economy... But there is also a strong business case for using this crisis to usher in #global systemic change."
project-syndicate.org/commentary/cov…
project-syndicate.org/commentary/cov…
The financialization of #nature has been in the works for well over the last decade. This is a complete transformation of the global economic system. Some key players for now ramping up it's implementation are identified in the accounts tagged by the Natural Capital Coalition.
I interrupt the relentless assault on our Mother Earth led by the ruling classes, to bring to your attention to critical information by @Mision_Verdad regarding a new coup attempt underway in Bolivia. This relates to the #Amazon fires media saturation. #NPIC #Imperialism
@Mision_Verdad Capitalism never sleeps. Nor does imperialism.
The original article by @brunosgarzini for @Mision_Verdad:
LA HUELLA DE ESTADOS UNIDOS EN LA INCIPIENTE REVOLUCIÓN DE COLORES EN BOLIVIA:
misionverdad.com/columnista/rev…
The original article by @brunosgarzini for @Mision_Verdad:
LA HUELLA DE ESTADOS UNIDOS EN LA INCIPIENTE REVOLUCIÓN DE COLORES EN BOLIVIA:
misionverdad.com/columnista/rev…
@Mision_Verdad @brunosgarzini It has been translated into English by @libya360 on the Internationalist website (which everyone should subscribe to).
The U.S. Footprint in Bolivia’s Incipient Colour Revolution
libya360.wordpress.com/2019/08/30/the…
The U.S. Footprint in Bolivia’s Incipient Colour Revolution
libya360.wordpress.com/2019/08/30/the…
