CLIMATE AND CARBON FINANCE MARKET ANALYSIS

Climate And Carbon Finance Market, By Market Type (Voluntary Market and Compliance Market), By Project Type (Renewable Energy Projects, Energy Efficiency Projects, Forest Carbon Projects, Methane Capture and Utilization Projects, Waste Management Projects, Agriculture and Land Use Projects, Others), By Buyer Type (Corporates, Governments, Financial Institutions, Non-Governmental Organizations, Individuals), By Carbon Market Mechanism (Cap and Trade, Carbon Offsetting, Carbon Pricing), By Sector Focus (Energy and Utilities, Transportation, Manufacturing and Industrial Processes, Agriculture and Forestry, Buildings and Construction, Waste Management, Others), By Transaction Type (Spot Market, Forward Market, Futures Market), By Market Participants (Carbon Project Developers, Carbon Market Intermediaries (Brokers, Consultants), Carbon Credit Verifiers and Validators, Exchange Platforms), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East)

Global Climate and Carbon Finance Market: Key Developments

In June 2023, South Pole, The South Pole, also known as the Geographic South Pole, Terrestrial South Pole or 90th Parallel South, introduced a novel climate initiative called "Funding Climate Action" (FCA) along with an associated label, offering companies a clear route to expand their climate investments while ensuring transparency.
On June 30, 2021, Gold Standard, A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. initiated a program with the aim of bolstering heightened aspirations within carbon markets during the Paris Agreement era. This endeavor is designed to enhance ambition in alignment with Article 6 of the Paris Agreement, while also involving consumers and host nations of Internationally Transferred Mitigation Outcomes (ITMOs) as active collaborators in the battle against climate change.

New Product Launches:

In April,2023,ClimatePartner has introduced a novel climate action certification known as "ClimatePartner certified," which establishes more stringent criteria for businesses, including mandatory emissions reduction goals.
In August,2023, Verra has released revisions to the Verified Carbon Standard (VCS) Program, bringing enhancements to version 4.5 of the VCS Standard (PDF) and associated VCS Program documents. These changes aim to enhance the program's usability, transparency, and integrity while ensuring alignment with significant global carbon market initiatives like the Integrity Council for the Voluntary Carbon Market (ICVCM) and the Carbon Offsetting Reduction Scheme for International Aviation (CORSIA).

Merger & Acquisition:

Verra Mobility to Acquire T2 Systems, This acquisition broadens Verra Mobility\'s range of intelligent mobility technologies designed to enhance transportation safety and convenience.
Schneider Electric finalizes acquisition of EcoAct,This Acquistion, The collaboration of two top-tier organizations to expedite business solutions that provide genuine value for both the environment and clients.