Decoding 2023: Calculus Carbon's Comprehensive Analysis Recap
Approaching the conclusion of this impactful year, our journey through the dynamic landscape of the voluntary carbon market (VCM) has been profound. At Calculus Carbon, our steadfast commitment to environmental sustainability remains unwavering. Over the past months, we've engaged in diverse discussions, emphasizing our dedication to fostering a greener future.
This retrospective piece navigates through some of our most significant publications from the year. Each article encapsulates crucial developments and pioneering initiatives in the realms of carbon credits and climate action. From exploring the Plastic Markets to reflecting on the outcomes of COP28 and exploring the transformative potential of DAC, and Biofuel, our exploration has been both comprehensive and enlightening.
A Comprehensive Analysis of COP28: Bridging Expectations and Outcomes
December 2023
The article provides a comprehensive overview of COP28, held in Dubai, emphasizing key themes and outcomes in climate action. It covers intricate discussions on mitigation, fossil fuels, climate finance, loss and damage, adaptation, food systems, and carbon markets. The achievements and challenges are scrutinized, detailing expectations versus realities in critical areas. The conclusion highlights the delicate balance between global ambitions and diverse national needs, pointing toward the ongoing complexities and the need for sustained commitment as the world looks ahead to COP29.
Role of Nature-Based Solutions in Addressing Declining Forest Cover
November 2023
This article critically explores nature-based solutions (NBS) in addressing climate change and biodiversity loss. It discusses global deforestation rates, emphasizing India’s successful reforestation through carbon markets. Despite increased global investments in NBS, it highlights funding shortfalls, particularly in multilateral climate funds. The article analyzes fund distribution in India, noting a shift to agriculture in 2022. While recognizing positive trends in climate finance, it stresses the insufficient funding for NBS, calling for increased government support to unleash their full potential.
Greening Transportation: Biofuels’ Rise, Policies, and the Road Ahead
November 2023
In the dynamic landscape of contemporary energy discussions, biofuels have swiftly transitioned from being a peripheral alternative to a central focus of global interest. As the world grapples with the imperative to decarbonize and transition towards sustainable energy sources, biofuels have emerged as a promising solution with the potential to reshape the energy paradigm. This article serves as a comprehensive guide through the intricate domain of biofuels, offering insights into their diverse types, scrutinizing market trends, delving into governmental support, and confronting the challenges that shape their trajectory.
Shift in Carbon Credit Demand: From Conventional to Removal Credits
October 2023
Corporate buyers have announced their intention to step back from historical credit acquisitions, despite being among the largest entities in retiring credits. This shift has had a ripple effect on sectors that typically procure large volumes of units, resulting in an overall reduction in retirement levels in 2023 compared to 2022. Transactions of durable carbon removals have increased by more than 10 times over the past few years, according to an annual report from a carbon credit ratings agency, supporting recent data from analysts that there is likely to be a strong future supply of nature-based credits from projects currently in the pipeline.
Global Climate Finance with a focus on Multilateral Climate Funds
September 2023
Global climate financing encompasses diverse financial mechanisms and investments addressing climate challenges and fostering global sustainable development. It tackles greenhouse gas reduction, climate resilience, and a low-carbon economy. In 2020, climate finance reached $640 billion, marking a modest 2.6% increase from 2019. However, this growth remains insufficient to meet the escalating climate crisis, highlighting the urgency for more substantial investments to mitigate its effects and secure a sustainable future.
South East Asia’s Dominance in the Global Plastic Credit Market
September 2023
The global plastic credit market is witnessing a significant shift in dynamics, with South East Asia emerging as a key player. This region, encompassing countries like India, Indonesia, and Kenya, is poised to lead the way in plastic credit projects and contribute to the sustainable management of plastic waste. In this article, we will explore the role of Southeast Asia in the upcoming global plastic market, focusing on the insights provided by Verra’s pipeline data.
Role of Direct Air Capture in Climate Change Mitigation
August 2023
Climate change poses an imminent threat to our planet, necessitating urgent and innovative solutions. One such solution gaining prominence is Direct Air Capture (DAC), a technology designed to extract carbon dioxide (CO2) directly from the atmosphere, irrespective of its location. Unlike traditional carbon capture methods that target emissions at specific sources, such as factories or power plants, DAC allows us to capture CO2 from the air itself. In this article, we will explore the significance of DAC in the fight against climate change, its benefits, and recent advancements in the field.
The Evolution of Carbon and Environmental Markets in India
August 2023
India has demonstrated its commitment to addressing climate change through its Nationally Determined Contributions (NDC) and the establishment of carbon markets. The country’s experience with carbon and environmental markets, particularly through initiatives like the Perform, Achieve, and Trade (PAT) scheme, has resulted in significant energy savings and emissions reductions. The market dynamics of Energy Savings Certificates (ESCerts) and Renewable Energy Certificates (RECs) have shown both challenges and opportunities for further development.
Paving the Way: India’s Journey Towards Global Sustainability Leadership
July 2023
India has emerged as a frontrunner in the global pursuit of sustainability, with a strong focus on renewable energy and ambitious pipeline projects. Through its proactive measures, India is setting an example for other nations to follow. This article delves into India’s journey towards becoming a global sustainability leader, analyzing key statistics and highlighting its progress.
