Number of deregistered CDM projects doubles
The number of projects that have been deregistered from the CDM has doubled, according to UNFCCC data.
Read MoreGermany, World Bank gear up for €20m N2O offset auction
The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.
Read MoreRETRACTED – South African cabinet approves carbon tax proposal, bringing long-delayed bill a step closer to passage
This story has been retracted. South Africa’s cabinet approved a separate bill – the National Climate Change Bill – for publication and public comment. The government said this bill includes new measures to cut the country’s GHGs, including provisions for mitigation and adaptation measures, as well as instruments such as carbon budgets. While the details of the bill are vague as it is not yet available online, it does not specifically address South Africa’s proposed carbon tax, which remains under review.
Read MoreCBL Markets, UNFCCC in deal to trade CERs on exchange operator’s platform
Energy and environmental commodity exchange operator CBL Markets has agreed a partnership with the UN’s climate change secretariat to list spot CERs on its trading platform, it announced on Thursday.
Read MoreFuture of global carbon markets rests on China success -survey
The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.
Read MoreIBM, Veridium unveil blockchain-based offset trading platform, with initial focus on REDD
IBM and Veridium Labs have teamed up to launch a blockchain-based platform to transform carbon offsets into digital tokens for trade on a decentralised exchange, the companies announced on Tuesday.
Read MoreSwitzerland approaches countries to host pilot crediting under Paris Agreement
Switzerland has begun talks with several developing nations to test pilot GHG-cutting initiatives, aiming to secure carbon credits that could be eventually used to help meet its Paris Agreement goal.
Read MoreRenewables rise helps to close Paris gap as governments lag -analysts
The faster-than-expected expansion of renewables worldwide is helping to narrow the gap to Paris Agreement goals, despite some governments making little progress on climate action and the effects of US President Trump’s policies not yet taking hold, researchers said Thursday.
Read MorePedal power: UN approves plans to allow bike lanes, sharing schemes to earn carbon credits
Projects that facilitate the use of bicycles in developing nations, including installing bike lanes and parking lots and implementing bike-sharing programmes, now qualify for carbon credits, a UN panel has decided.
Read MoreAmid CDM gridlock at UN, African states seek funding alternatives
Lacking buyers for their carbon credits, African nations are appealing to the Green Climate Fund (GCF) and other institutions to finance their carbon-cutting activities as Paris Agreement rulebook talks drag on.
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