Selwyn Duijvestijn on LinkedIn: #parisagreement #article6 #itmos #carbonunits #carboncredits… (2024)

Selwyn Duijvestijn

Nature-based solutions - Achieve Net Zero through Ecosystem Restoration

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Everything you ever wanted to know about Article 6, ITMO's and the impact on the verified carbon markets!In this upcoming webinar, we'll explore how Article 6 will—directly or indirectly—impact our day-to-day lives and what opportunities we can foster from it.To help us fully understand this topic, we're joined by guest speakerLev Gantly - a partner at Philip Lee LLP specialising in domestic and international climate law, with a deep understanding of frameworks within the verified carbon market as well as the evolving international laws under Article 6 of the #ParisAgreement.Your host Pedro Zimmer and Lev will dive into questions such as:- What is#Article6?How will it affect different industries?- What are Internationally Transferred Mitigation Outcomes (#ITMOs)?- How are ITMOs different from#carbonunits, #carboncredits and #emissionrights?- What are some opportunities Article 6 can bring to private companies and citizens?In this webinar, you'll have the opportunity to ask questions to a true expert on the matter and make sure you're ready to join the global effort towards sustainability via the #vcm. Join live on Thursday, 20 June 2024. Reserve your seat here: https://lnkd.in/dT9Njc3r

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Selwyn Duijvestijn

Nature-based solutions - Achieve Net Zero through Ecosystem Restoration

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Lev Gantly is one of the best experts in domestic and international climate law, especially within the frameworks of the verified carbon market and the evolving international laws under Article 6 of the Paris Agreement. This will be interesting for everyone (new) in the #VCM.

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This will provide fundamental insights to everyone in the carbon markets. Join live on Thursday, 20 June 2024. Reserve your seat here: https://lnkd.in/dT9Njc3r

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  • Selwyn Duijvestijn

    Nature-based solutions - Achieve Net Zero through Ecosystem Restoration

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    It was the week of #WorldEnvironmentDay, an initiative dedicated to raising awareness about pressing environmental issues and inspiring action from individuals, communities, and governments. 🌱 Read more about it here: https://lnkd.in/gBCp2qSVThis week in the #VCM, there's been a flurry of news about #carboncredits, #biodiversity and#naturebasedsolutions. 🌍 Top News Highlights this week:- Carbon Insurance and CORSIA: New developments in carbon insurance and #CORSIA's impact on #sustainable aviation. https://lnkd.in/gSYNzDTN- Nigeria’s Green Energy Boost: Introduction of eco-friendly #cookstoves to enhance green energy in #Nigeria. https://lnkd.in/gKfjZQ_J- African Nations Advocate for Carbon Offsets: A coalition of 10 African countries urges the inclusion of #carbonoffsets in corporate #climate strategies. https://lnkd.in/gMgdg8FS- EU's New Sustainability Rules: The European Union adopts significant corporate #sustainability due diligence rules to enhance accountability. https://lnkd.in/gsgcrzQv- Biodiversity Credit Initiative: An Italian nature tech firm 3Bee launches a groundbreaking biodiversity credit initiative. https://lnkd.in/gS36Kni3- Improving Afforestation Practices: Verra proposes new revisions to enhance global #afforestation practices. https://lnkd.in/g6-62HAT- CSRD Impact on Businesses: Insights into how #CSRD affects business sustainability reporting. https://lnkd.in/g78snD4aLet's keep the momentum going and continue working towards a greener future! 🌿💚

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  • Selwyn Duijvestijn

    Nature-based solutions - Achieve Net Zero through Ecosystem Restoration

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    𝟏𝟎𝟎 𝗥𝗘𝗔𝗦𝗢𝗡𝗦 𝗖𝗔𝗥𝗕𝗢𝗡 𝗖𝗥𝗘𝗗𝗜𝗧𝗦 𝗔𝗥𝗘 𝗧𝗛𝗘 𝗕𝗘𝗦𝗧 𝗧𝗛𝗜𝗡𝗚 𝗧𝗛𝗔𝗧 𝗘𝗩𝗘𝗥 𝗛𝗔𝗣𝗣𝗘𝗡𝗘𝗗 𝗧𝗢 𝗜𝗠𝗣𝗥𝗢𝗩𝗘 𝗖𝗢𝗡𝗗𝗜𝗧𝗜𝗢𝗡𝗦 𝗢𝗡 𝗢𝗨𝗥 𝗣𝗟𝗔𝗡𝗘𝗧 🌍Carbon credits are generated by carbon projects, such as tree-planting initiatives and energy-efficient cookstoves. Each carbon credit represents 1 tonne of CO2 avoided or removed from the atmosphere. One of the biggest benefits of carbon credits is that they help drive economic growth. Carbon credits help uplift communities, especially in developing countries. Many projects that generate carbon credits are based in rural areas where jobs can be hard to find, which helps to create jobs and improve the local economy.Carbon credits support projects that preserve forests and wildlife. These projects not only keep carbon out of the atmosphere but also protect vital habitats for many species. By investing in carbon credits, companies therefore contribute to the health of our planet's ecosystems while addressing their carbon footprint.The impact of carbon credits is global. They encourage companies around the world to meet international standards for decarbonisation. This global effort shows that countries can work together to solve big problems like changing environmental conditions and biodiversity loss.As we look to the future, the role of carbon credits in shaping a healthier planet cannot be overstated. They are not just a temporary solution; they are an ongoing opportunity to make a real difference.As part of DGB Group—a developer of large-scale nature-based carbon projects—I am proud to be at the forefront of this initiative, pushing for change that not only benefits the environment but also supports economic growth and community development across the globe.Carbon credits offer numerous benefits to the environment, businesses, and society. These benefits all form great reasons why carbon credits are a good investment, shaping a greener, cleaner future. Read all 100 reasons carbon credits are the best thing that ever happened to improve conditions on our planet: https://lnkd.in/g-_3HyeV

    100 Reasons carbon credits are the best thing that ever happened to improve conditions on our planet green.earth

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  • Selwyn Duijvestijn

    Nature-based solutions - Achieve Net Zero through Ecosystem Restoration

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    Do you remember the launch of the #iPhone in 2007? It was more than a new product; it was a #revolution. It redefined the phone as a device for communication, entertainment, and internet browsing, all in one. All in your own pocket!This transformation sparked a wildfire in mobile app development and marked the beginning of the smart-device era.Similarly, the commercialization of the internet in 1995 laid the digital foundation that giants like Amazon, Google, and Meta would build upon, turning the internet into a global marketplace.In 1978, the Airline Deregulation Act removed government control over air fares, routes, and market entry, boosting competition and making air travel accessible to the masses. This liberation of the skies enhanced competition and diversified services.Fast forward to 2007: Netflix transitioned from its DVD rental model to streaming, disrupting the media landscape and redefining how we consume media—a clear foresight into digital consumption that continues to evolve today, igniting the streaming era.Reflecting on these historical milestones, it's clear that certain moments herald significant transformations and expansions in their respective fields. Today, we stand on the brink of another such transformation in the verified (voluntary) carbon market (#VCM). I truly believe this burgeoning revolution could unleash a potential $100 billion green finance movement.This revolution was already ongoing, but shifted into the next gear with the Science Based Targets initiative's (#SBTi) recent announcement to include Scope 3 emissions in environmental attribute certificates. The attached chart shows you clearly it's potential impact.- Orange is the potential supply of #carboncredits from existing projects and pipeline.- Dark Blue shows SBTi emissions for Scope 1+2 (note that there is already a shortage)- Light Blue shows SBTi emissions for Scope 3..! The demand for high-quality carbon projects far exceeds the current supply!Additionally, over 3,000 large companies have set ambitious self-declared targets (outside SBTi), collectively accounting for more than 18.8 billion tonnes of emissions. Their engagement could fuel a market impact exceeding €100 billion in annual #CO2 credit purchases.All this highlights the growing recognition of the intrinsic value of #nature, paving the way for #naturebasedsolutions to be scaled up effectively. This is a crucial step towards making significant #environmental progress for our planet! It's much needed....Read more here: https://lnkd.in/gc9CQWV5 and here: https://lnkd.in/gmGV7N4N

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Selwyn Duijvestijn on LinkedIn: #parisagreement #article6 #itmos #carbonunits #carboncredits… (2024)

FAQs

Why are voluntary carbon markets important? ›

Proponents of these markets in which companies and other buyers can purchase carbon credits to offset their emissions argue that they are essential for increasing climate finance and enabling companies to reach their net-zero targets.

Who is the CEO of DGB group? ›

As the CEO of DGB Group, Selwyn Duijvestijn is known for his innovative and transformative approach to sustainability and conservation.

How much is one carbon credit worth? ›

Because buying carbon credits can seem complex, and the prices vary based on market dynamics, it can be hard to estimate what they are worth exactly. According to Ecosystem Marketplace, the average weighted price for one carbon credit – one metric ton of CO2 removed – is around $4.73 in 2021.

What is the main aim of carbon trading? ›

The notion is to incentivize each nation to cut back on its carbon emissions in order to have leftover permits to sell. The bigger, wealthier nations effectively subsidize the efforts of poorer, higher-polluting nations by buying their credits.

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