Norway and Suriname to explore carbon credits for preventing deforestation -report
Norway and Suriname are said to be exploring an arrangement where the South American country would earn carbon credits for keeping its tropical forest intact, according to a local news report.
Read MoreFive more tropical forest countries selected to World Bank’s REDD Fund
The World Bank’s Forest Carbon Partnership Facility (FCPF) has selected emission reduction programmes from five developing countries to participate in the organisation’s Carbon Fund, bringing the nations a step closer to signing agreements seen as a possible base for forestry international emissions trade.
Read MoreUPDATE – Ghana notches REDD agreement with World Bank carbon fund
Ghana will take in up to $50 million for protecting its forests under the World Bank’s Forest Carbon Partnership Facility (FCFP), becoming the third African nation to sign the REDD deal seen as a base for possible international emissions trade.
Read MoreFEATURE: Growing anti-climate political rhetoric highlighting need for ‘just transition’ plans
A growing trend of right-wing populist politicians embracing anti-climate change and anti-carbon pricing rhetoric is putting more pressure on governments to develop and communicate ‘just transition’ plans to help affected communities.
Read MoreFinland to overcompensate for EU presidency flight emissions
Finland will buy 130,000 Gold Standard CERs from developer South Pole to overcompensate for flight emissions during its upcoming six-month term holding the rotating EU Presidency.
Read MoreSwitzerland selects first ITMO activities for emission trade deals
Switzerland’s carbon credit procurement agency has selected three GHG-reducing activities for its initial call for proposals, aiming to tie up its first emission trade deals under the Paris Agreement’s market-based Article 6.
Read MoreUK set to host 2020 UN climate talks after Italy backs bid
The British and Italian governments have agreed to partner on a proposal to co-host the 2020 UN climate talks, clearing the way for the UK to host the main summit, known as COP26.
Read MoreBY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading
There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.
Read MoreSpain urges EU to consider carbon border tariff for power -media
Spain’s acting socialist government has called on the EU to assess a potential carbon tax on power imports under its upcoming central budget from 2021, according to media reports on Monday.
Read MoreECOSYSTEM MARKETPLACE: How carbon markets can boost biodiversity and slow climate change
We must take advantage of natural climate solutions if we are to avoid the worst effects of climate change. Yet setbacks – such as an incomplete Paris Rulebook – have raised concerns amongst stakeholders, worried that without UN guidance on carbon markets, they cannot confidently scale up the required policies and programs. The Nature Conservancy has released a new guide that highlights why many are already taking action to make use of markets in funding NCS, and how businesses can thoughtfully take similar steps today amidst a developing regulatory landscape.
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