Industry and NGOs lobby to weaken UN carbon credit rules in “coordinated” push
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illuminem summarises for you the essential news of the day, reviewed by our editorial team. Read the full piece on Climate Home News or enjoy below:
🗞️ Driving the news: Carbon credit developers, corporate buyers and some conservation NGOs are contesting proposed UN rules meant to stop credits being wiped out by fire, drought or logging
• Documents reportedly seen by Climate Home News show these groups and UNEP disputing the scientific basis for the change, arguing it would raise costs and restrict credit supply
🔭 The context: Projects currently hold a share of credits in buffer pools as insurance against reversal, sized largely by expert judgement and sometimes by developers' own data
• In July the Article 6.4 technical panel proposed sizing those pools using local risk values from independent research instead
🌍 Why it matters for the planet: If stored carbon burns or is logged and the reserve cannot cover it, the emissions remain in the atmosphere while the buyer has already claimed the offset — a net increase presented as neutrality
• Reversal risk is rising with fires and drought, which is why measured local risk matters more than estimates
⏭️ What's next: The technical panel is expected to submit recommendations to the mechanism's Supervisory Body for decision in early October
📈 One stat: Over 30 public submissions reviewed showed substantial overlap in wording, some containing copied passages or entire texts
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