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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: Testing UN climate talks pile up work on Paris rulebook

Published 18:05 on November 17, 2017  /  Last updated at 12:28 on November 18, 2017  /  Climate Talks, International  /  No Comments

Nearly 200 nations this week tackled the first leg of the two-year negotiations on a Paris Agreement rulebook by pushing most decisions to next year, although a row about what counts as climate aid cash stretched the COP23 UN climate talks in Bonn into the early hours of Saturday.

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COP23: UN negotiators get ahead of themselves in Bonn CO2 trade talks

Published 18:00 on November 17, 2017  /  Last updated at 18:26 on November 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement edged ahead of other strands of the UN climate talks over two weeks in Bonn, boosting confidence that countries and companies seeking to use international CO2 deals will have rules in place well ahead of the pact’s 2020 start.

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COP23: Singapore becomes 20th nation to back ministerial declaration on carbon markets

Published 23:51 on November 16, 2017  /  Last updated at 23:51 on November 16, 2017  /  Americas, Asia Pacific, Climate Talks, International, New Market Mechanisms  /  No Comments

Singapore signed up to an international ministerial declaration on carbon markets on Thursday, bolstering the club of rich and poor countries pledging to cooperate on environmental integrity to spur international emissions trade.

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COP23: Spotlight on questionable CDM projects brings Brazil’s split carbon market views to fore

Published 22:39 on November 16, 2017  /  Last updated at 23:36 on November 16, 2017  /  Americas, International, Kyoto Mechanisms, REDD, South & Central  /  No Comments

Three Brazilian hydro projects owned by state-owned energy company Eletrobras could generate nearly 170 million environmentally dubious CERs by 2030, climate campaigners have claimed, raising questions over the government’s continued support for the CDM while snubbing REDD-based offsets.

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COP23: 25 nations, sub-nationals join UK-Canada coal exit alliance

Published 19:23 on November 16, 2017  /  Last updated at 00:44 on November 17, 2017  /  Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Voluntary Market  /  No Comments

Some 25 national and sub-national jurisdictions have joined a global alliance forged by the UK and Canada to encourage a transition from unabated coal-fired power to cleaner alternatives, with the founding nations seeking to reach 50 members within a year.

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COP23: No China ETS launch in Bonn as market lacks Cabinet approval

Published 09:09 on November 14, 2017  /  Last updated at 13:47 on November 14, 2017  /  Asia Pacific, China, China's National ETS  /  No Comments

The much-anticipated launch of China’s national emissions trading scheme looks unlikely to take place during the UN talks in Bonn as the State Council has yet to approve the regulator’s proposed plans, China’s special representative on climate change said Tuesday.

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COP23: ETS links slink back on Asia Pacific countries’ priority list

Published 17:52 on November 13, 2017  /  Last updated at 21:21 on November 13, 2017  /  Asia Pacific, China, China's National ETS, Japan, New Zealand, South Korea  /  No Comments

Linking emerging Asian Pacific emissions trading markets is slowly dropping down the list of priorities for regional climate policy officials, even as the need to cooperate in developing markets increases.

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COP23: Kyoto rule could complicate CORSIA’s CDM sourcing -expert

Published 17:02 on November 13, 2017  /  Last updated at 21:13 on November 13, 2017  /  Aviation, Climate Talks, International, Kyoto Mechanisms  /  No Comments

UN aviation body ICAO is expected to allow the use of UN-issued CDM carbon credits under its CORSIA offset scheme, but those plans might face complications as approval under the UNFCCC or an amendment to the Kyoto Protocol might be necessary, an expert said Monday.

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COP23: Bypassing Trump, Canada and Mexico team up with 15 US state governors on climate

Published 16:37 on November 13, 2017  /  Last updated at 08:47 on November 14, 2017  /  Americas, Canada, Climate Talks, International, Mexico, New Market Mechanisms, US  /  No Comments

Canada, Mexico, and a coalition of 15 US state governors signed a declaration committing to jointly strengthen their climate action on Monday, aiming to defy the Trump administration.

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