August Newsletter DT Master Carbon
- xingmiao chen
- Apr 18
- 4 min read
August 2023
Headlines
· DT Master Carbon is launching the Carbon Marketplace in September
· Our Mangrove ARR Project in Bangladesh is making great progress
· DT Master Carbon is Providing Sustainability Training Service Now
· Joining Forces for Change: Trends Reshaping the Carbon Market Landscape
· Science-based targets see 87% increase in companies with validated targets
· Report: Global voluntary carbon credit market primed to reach $250bn by 2030
DT Master Carbon is launching the Carbon Marketplace in September
We are excited to announce that DT Master Carbon will be launching its Carbon Marketplace this September! This platform aims to revolutionize the way businesses trade carbon credits, offering a streamlined approach to sustainable practices. Stay tuned for more details on how you can make a positive impact on our planet. If you are interested in joining our platform, please contact us for more information.
Our Mangrove ARR Project in Bangladesh is making great progress
We're delighted to announce significant advancements in our project design with meticulous attention to detail. We have finished the carbon sequestration estimation modeling. The dedicated local team is planning and organizing the in-field trip, together with the stakeholder engagement and consultation, to validate the hypothesis to finalize the feasibility study. At this juncture, we're opening the doors for prospective collaborators interested in contributing to early-stage investment. Please contact us for more information.
DT Master Carbon is Providing Sustainability Training Service Now
DT Master Carbon's training programs are tailored to suit the unique requirements of each business. We offer modules at varying knowledge levels, ranging from creating awareness and beginner levels to mastery of specific topics. Our offerings encompass a wide array of subjects, including climate-related topics and industry-specific training in areas such as Green IT, sustainable food and beverage, and sustainable tourism, among others. We customize our training programs to align with each company's objectives, considering factors such as their industry, size, and level of maturity in sustainable development.
Our expert trainers will attentively listen to each business's unique needs and provide practical solutions to facilitate their journey toward sustainability. We offer a flexible approach with both in-person and online training options to cater to the specific requirements of each business.
For more info, please contact mia@dtmastercarbon.fr or visit our website:
Joining Forces for Change: Trends Reshaping the Carbon Market Landscape
The voluntary carbon market (VCM) is a burgeoning industry that is attracting an increasing number of corporate buyers who are seeking to invest in high-quality carbon projects. Despite some challenges with legacy credits and limited supply, the overall trajectory for the VCM is positive.
One of the key trends in the market is the shift towards impact-driven investments, with buyers becoming more involved in projects and focusing on contribution over offsetting. This is a positive development that is driving demand for high-quality carbon credits and encouraging companies to take a more proactive approach to reducing their carbon footprint.
Another important trend is the focus on investing over buying, with companies looking to make meaningful contributions to carbon reduction efforts rather than simply offsetting their emissions. This is leading to more equitable approaches to carbon project development and greater collaboration between buyers and developers.
Technology is also playing a key role in unlocking greater supplies of high-quality projects, with new innovations allowing for better verification of legacy projects and producing a new generation of tech-enabled projects with built-in quality assurance.
Despite the challenges and setbacks that have occurred, the voluntary carbon market is growing and laying the foundations for future better regulation, frameworks, and guidance to enhance its transparency and integrity. By investing in high-quality carbon projects at a meaningful scale, companies can contribute to the mitigation and adaptation of climate change.
Science-based targets see 87% increase in companies with validated targets
In 2022, the Science Based Targets initiative (SBTi) saw a significant increase in companies adopting science-based targets, with 87% more targets validated compared to the previous seven years combined. Japan led in setting targets, and companies with these targets accounted for 40% of the NIKKEI index. Asia, particularly China, showed strong growth in target adoption. About 34% of the global economy's market capitalization came from companies committed to science-based targets. Notably, only targets aligned with a 1.5°C increase were accepted, indicating a higher climate action ambition. The SBTi emphasized the urgent need for businesses to address climate change due to its already visible social and economic impacts.
To read more, please refer to:
Report: Global voluntary carbon credit market primed to reach $250bn by 2030
The Barclays report indicates that the voluntary carbon market, currently worth less than $500 million annually, could potentially grow to $1.5 trillion by 2050. The report predicts that the market might reach $250 billion per year by 2030 and continue to expand. The rise in carbon credits sold on the voluntary market, driven by corporations aiming for carbon neutrality, has increased by seventy in the last decade. The report suggests a "tipping point" is nearing, possibly turning the carbon offset trade into a trillion-dollar enterprise by mid-century. Renewable and agricultural credits have been the main sources of offsets, and voluntary offsets are becoming more significant. Notable purchasers of carbon offsets include Delta Air Lines, Volkswagen, Shell, Primax Colombia, and Telstra Corp. Barclays highlights the importance of addressing biodiversity-related investments in the net-zero challenge, with energy, finance, agriculture, and tech sectors benefiting.
To read more, please refer to:
