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Number of deregistered CDM projects doubles

Published 16:35 on June 8, 2018  /  Last updated at 16:35 on June 8, 2018  /  Africa, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The number of projects that have been deregistered from the CDM has doubled, according to UNFCCC data.

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Germany, World Bank gear up for €20m N2O offset auction

Published 17:49 on June 5, 2018  /  Last updated at 10:46 on June 6, 2018  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

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.

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RETRACTED – South African cabinet approves carbon tax proposal, bringing long-delayed bill a step closer to passage

Published 21:25 on May 24, 2018  /  Last updated at 16:13 on May 30, 2018  /  Africa, Carbon Taxes, EMEA  /  No Comments

This story has been retracted.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.

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CBL Markets, UNFCCC in deal to trade CERs on exchange operator’s platform

Published 08:00 on May 24, 2018  /  Last updated at 10:58 on May 24, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

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.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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IBM, Veridium unveil blockchain-based offset trading platform, with initial focus on REDD

Published 16:15 on May 15, 2018  /  Last updated at 13:35 on May 17, 2018  /  Africa, Americas, Asia Pacific, Canada, China, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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Switzerland approaches countries to host pilot crediting under Paris Agreement

Published 12:10 on May 11, 2018  /  Last updated at 14:38 on May 11, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland, Voluntary Market  /  No Comments

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.

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Renewables rise helps to close Paris gap as governments lag -analysts

Published 11:53 on May 3, 2018  /  Last updated at 11:53 on May 3, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Japan, Other APAC, Shipping, South & Central, US  /  No Comments

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.

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Pedal power: UN approves plans to allow bike lanes, sharing schemes to earn carbon credits

Published 23:55 on April 30, 2018  /  Last updated at 23:55 on April 30, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

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.

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Amid CDM gridlock at UN, African states seek funding alternatives

Published 19:32 on April 30, 2018  /  Last updated at 19:32 on April 30, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

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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