Urgency in valuing carbon credits
Limiting global warming to 1.5 to 2°C necessitates reducing emissions significantly this decade, as highlighted by the Intergovernmental Panel on Climate Change (IPCC). This ambitious goal requires annual investments of at least $2.4 trillion in areas like public transport, renewable…
ALLCOT evolves the vision of environmental credits with ALLCOT PROCUREMENT
Environmental credits have evolved beyond being a simple commodity traded to offset the human pollution footprint. Today, they have become a disruptive financial tool, capable of transforming our world through the positive impact they generate. “At ALLCOT, we firmly believe…
Côte d’Ivoire and Fadox-ALLCOT consortium sign 86,000 hectare forest rehabilitation agreement
The Government of Côte d’Ivoire, represented by the Minister of Water and Forestry, Laurent Tchagba, has signed a landmark agreement with the Fadox-ALLCOT investor consortium for the rehabilitation of 86,000 hectares of forest in the country. This agreement marks a…
ALLCOT supports Mere Plantations to issue 307,128 carbon credits from high-quality reforestation in Ghana
Bogotá, Colombia, 24 January 2024 – Mere Plantations (“Mere”), supported by ALLCOT, has today announced the issuance of 307,128 carbon credits generated from the largest privately funded tropical hardwood plantation in West Africa. The initial crediting period will run until…
Reflections on COP28 and the urgency of Climate Action
The time for negotiation and planning has passed, urging immediate and comprehensive action on a planetary scale. Faced with the unprecedented impacts of climate change felt worldwide in 2023, the call for immediate and collective action on all fronts becomes…
Private Sector Advances in Carbon Trading: Global Developments under Article 6
In the emerging landscape of carbon trading under Article 6 of the Paris Agreement, private sector firms have initiated projects, yet many remain discreet due to ongoing UN negotiations and incomplete legal frameworks in several countries. At COP28 in Dubai,…
Insights from the West Africa Carbon Market Hub
On September 26th, ALLCOT was present at the opening session of the West Africa Carbon Market Hub, a collaborative event organized by IETA and the West Africa Alliance. Set against the backdrop of Abidjan, Ivory Coast, this event marked a…
Climate justice and ecological wealth: A Global South perspective
For 60 years, the land in Meta, Colombia, had been sheltered from the extensive cattle ranching and farming that scarred many other regions. Over the years, however, the green heart of Meta’s Amazonian forests began to fall to the relentless…
ALLCOT IO and HBAR Foundation Sustainable Impact Fund: A Partnership in Opening the Books on Climate Finance
ALLCOT IO, the digital arm of established carbon management leader ALLCOT, is proud to announce a strategic partnership with HBAR Foundation Sustainable Impact Fund to bring the balance sheet of the planet to the public ledger. The partnership is committed…
The worrying denialism of Climate Change
The film “Don’t Look Up” illustrates the sense of despair shared by those of us who are aware of the impending climate catastrophe. Despite the agreements and targets set, there is little real action. Instead of working in coordination, debates…