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Norway and Suriname to explore carbon credits for preventing deforestation -report

Published 10:24 on July 19, 2019  /  Last updated at 10:29 on July 19, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

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.

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Five more tropical forest countries selected to World Bank’s REDD Fund

Published 17:43 on July 15, 2019  /  Last updated at 17:43 on July 15, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

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.

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UPDATE – Ghana notches REDD agreement with World Bank carbon fund

Published 17:14 on July 10, 2019  /  Last updated at 19:50 on July 10, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

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.

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FEATURE: Growing anti-climate political rhetoric highlighting need for ‘just transition’ plans

Published 23:41 on July 5, 2019  /  Last updated at 00:37 on July 6, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, EMEA, International, New Zealand, South & Central, US  /  No Comments

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.

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Finland to overcompensate for EU presidency flight emissions

Published 14:50 on June 28, 2019  /  Last updated at 00:58 on June 29, 2019  /  Africa, Americas, Asia Pacific, EMEA, EU ETS, Other APAC, South & Central, Voluntary Market  /  No Comments

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.

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Switzerland selects first ITMO activities for emission trade deals

Published 18:48 on June 26, 2019  /  Last updated at 18:48 on June 26, 2019  /  Africa, Asia Pacific, EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

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.

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UK set to host 2020 UN climate talks after Italy backs bid

Published 16:43 on June 18, 2019  /  Last updated at 19:32 on June 18, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD  /  No Comments

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.

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BY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading

Published 14:08 on June 14, 2019  /  Last updated at 21:51 on June 14, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

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.

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Spain urges EU to consider carbon border tariff for power -media

Published 19:43 on May 28, 2019  /  Last updated at 19:43 on May 28, 2019  /  Africa, EMEA, EU ETS  /  No Comments

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.

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ECOSYSTEM MARKETPLACE: How carbon markets can boost biodiversity and slow climate change

Published 15:35 on May 10, 2019  /  Last updated at 15:35 on May 10, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Views, Voluntary Market  /  No Comments

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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