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Howdy Ekofriends,

This week join us at PNW Seattle, explore 170+ types of carbon projects, discover a nature-based solution matchmaking, and find out which countries are leading in forest loss.

🌱 Climate Week

🌍 SSS

✨NatureLink

🔍 Carbon Projects

🔥 Forest Loss

Let's dive into the latest eko-insights! 🌱💚

PNW Climate Week in Seattle 🌍

ClimateDoor is excited to participate in the Pacific Northwest Climate Week in Seattle!

PNW Climate Week is a community-powered event series that unites individuals and organizations in the fight against climate change. This empowering, week-long gathering brings together climate innovators, thought leaders, and enthusiasts from vibrant cities like Seattle, Vancouver, and Portland.

Built on the success of NYC Climate Week and SF Climate Week, PNW Climate Week will showcase a diverse range of events, highlighting the region as a leading global hub for climate innovations.

This year, we are joining climate warriors from around the globe converge on the Pacific Northwest. We can't wait to connect, learn, and drive impactful change together! 🌱💚

P.S. Reply to this email, and let’s meet up at PNW Climate Week!

Sustainability Sentiment Score (SSS)

The SSS is up this week - the highest we have seen in quite a few weeks. Hitting a high for Q3, our Growth Climate market was boosted by investors' positive responses to better-than-expected corporate earnings reports and economic data, pushing the index higher. The Voluntary Carbon market has also had a boost this week, the largest it has seen in Q3 as well.

In emissions news for our Regulated Carbon market, the European Commission has updated the quantity of cancelled EU Emissions Trading System (ETS) allowances for certain Member States under the Effort Sharing Regulation (ESR).

This amendment supports cost-efficient emission reductions by allowing nine Member States to cancel a portion of their EU ETS allowances, receiving equivalent ESR allocations in return. Belgium, Malta, the Netherlands, and Sweden have notified the Commission of their intentions for the 2025-2030 period. This update enables Member States to meet their 2030 greenhouse gas reduction targets more efficiently.

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ClimeCo Unveils NatureLink: Your Matchmaker for Nature-Based Solutions 🌳✨

ClimeCo has just launched NatureLink, a game-changing tool designed to connect organizations with top-notch, fully vetted nature-based solution (NBS) projects that align perfectly with their goals, budgets, and priorities. 🎯💚

So, what’s the buzz about nature-based solutions? 🌏 Here’s a quick rundown:

• NBS Definition: Actions to protect, manage, and restore ecosystems, boosting human well-being and biodiversity.

• Key Projects: Reforesting, restoring wetlands, transforming land to absorb CO2.

• Challenges: Lack of awareness, tricky cost-benefit calculations, funding issues.

That’s where NatureLink steps in! 🚀 ClimeCo’s new tool:

• Simplifies Choices: Cuts through market confusion, helping organizations achieve sustainability goals.

• Tailored Matches: Uses an online questionnaire to curate optimal projects and partners from a global portfolio.

• Comprehensive Coverage: Considers offtake structure, geographic preferences, carbon credit use, and more.

Ready to elevate your sustainability game? Check out their site for the full scoop! 🌱📖

170+ Types of Carbon Projects? 🌍🔍

Did you know there are over 170 types of projects that generate carbon credit offsets? According to Ecosystem Marketplace, these projects span across various sectors, helping us combat climate change in diverse ways.

Here's a quick look at the eight major categories:

• Forestry and Land Use 🌲

• Renewable Energy ☀️

• Household & Community Devices 🏠

• Chemical Processes/Industrial Manufacturing 🏭

• Waste Disposal 🚮

• Agricultural Land Management 🌾

• Transportation 🚗

• Energy Efficiency/Fuel Switching 💡

Curious to learn more? 🌱💚

Head over to our LinkedIn post for an in-depth dive! Read Our LinkedIn Post

Visualizing Tropical Forest Loss in 2023

Tropical forests, located between the Tropic of Cancer and the Tropic of Capricorn, are vital for our planet. They host nearly two-thirds of global biodiversity and play a crucial role in absorbing carbon dioxide and producing oxygen. 🌿

In 2021, 145 countries pledged to halt and reverse forest loss by 2030 through the Glasgow Declaration on Forests and Land Use. With only six years to go, progress is mixed. Notably, Brazil reduced its forest loss by 36% from 2022, losing 1.14 million hectares in 2023. 🌱

Despite this, the world still lost 3.75 million hectares of tropical forest last year, equivalent to almost 10 football fields of forest per minute. This loss produced 2.4 gigatonnes of carbon dioxide emissions, nearly half of the U.S. annual fossil fuel emissions. 🌎

For more detailed insights, read more on the blog ➡️ [Visual Capitalist]🔍✨

THOUGHTS ON TODAY’S ISSUE?

🌿 Wrapping up Ekonews...

Don't forget, Eko is your go-to source for the latest climate news and support on your sustainability journey!

Stay eko-carbonized until next Thursday... 🌱💚

– Eko