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ECOSYSTEM MARKETPLACE: Forest carbon projects can narrow emissions gap, but not all are created equal

Published 11:08 on November 13, 2017  /  Last updated at 00:05 on November 14, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Before year-end climate talks began in Bonn, Germany last Monday, the United Nations Environmental Program (UNEP) published its 2017 Emissions Gap Report, which warned that existing climate action plans – called “Nationally Determined Reductions” (NDRs) – won’t keep global temperatures from rising 2oC.

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COP23: German government launches tender to buy 82k CERs to offset summit

Published 21:10 on November 10, 2017  /  Last updated at 21:17 on November 10, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 82,000 “high-quality” CERs, preferably from projects in small island developing states (SIDS), to offset emissions stemming from the UN climate summit it is co-hosting in Bonn.

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COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

Published 14:30 on November 10, 2017  /  Last updated at 02:34 on December 22, 2017  /  Africa, Americas, Asia Pacific, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).

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ECOSYSTEM MARKETPLACE: Forests can absorb 1 trillion tonnes of carbon by 2100

Published 16:35 on November 3, 2017  /  Last updated at 16:47 on November 3, 2017  /  Africa, Americas, China, Climate Talks, Conversations, EMEA, International, Other APAC, REDD, South & Central, South Korea, Views, Voluntary Market  /  No Comments

Forests can play a larger and more important role in reducing climate change emissions than previously thought, according to a suite of research released today.

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Global carbon pricing costs, coverage need to rapidly increase, World Bank report warns

Published 16:57 on November 1, 2017  /  Last updated at 16:57 on November 1, 2017  /  Africa, Americas, Asia Pacific, Canada, Carbon Taxes, China, China's National ETS, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Voluntary Market  /  No Comments

The expansion of carbon pricing globally needs to accelerate, while the cost of emitting in most of the jurisdictions that have programmes in place needs to increase rapidly, a World Bank report warned on Wednesday.

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IETA urges ICAO Council to approve offset certification programmes for CORSIA

Published 21:49 on October 31, 2017  /  Last updated at 11:40 on November 2, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, US, Voluntary Market  /  No Comments

Emissions trading lobby IETA is urging ICAO’s Council to provide clarity for airlines and investors by adopting proposed eligibility criteria for its CORSIA offset programme, which is understood to include at least four established certification programmes.

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World’s 2C target a distant dream as emissions set to surpass limit by 13 Gt, UN says

Published 11:36 on October 31, 2017  /  Last updated at 22:15 on October 31, 2017  /  Africa, Americas, Asia Pacific, China, EMEA, International  /  No Comments

The world is far off course to reaching its goal of limiting global temperature rise to 2C, as global emissions are set be 11-13.5 billion tonnes higher in 2030 than required to meet the target, the UN said Tuesday.

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Airport GHG initiative to review offsetting guidance ahead of CORSIA rule-setting

Published 17:47 on October 27, 2017  /  Last updated at 17:47 on October 27, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, REDD, US, Voluntary Market  /  No Comments

An airport association is reviewing its guidance on its voluntary offsetting standards in what may prove to be a key forerunner of rules to be decided under the far bigger CORSIA airline carbon market.

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Cheap Asian renewables dominate voluntary offset supply -report

Published 10:56 on October 26, 2017  /  Last updated at 11:39 on October 26, 2017  /  Africa, Americas, Asia Pacific, Australia, China, EMEA, International, Mexico, New Zealand, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Carbon credits from large renewables projects in countries such as China and India dominate global voluntary market supply, though they are priced cheaper than almost any other offset type, according to a report.

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ECOSYSTEM MARKETPLACE: New research continues to debunk old myths on carbon offsetting

Published 19:03 on October 24, 2017  /  Last updated at 19:03 on October 24, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, US, Views, Voluntary Market  /  No Comments

Every few years, New York University’s Institute for Policy Integrity surveys economists who have expertise on climate change, and it always finds overwhelming support for putting a price on carbon to drive down emissions — support that ideologues on the right routinely dismiss, usually on unfounded “economic” grounds.

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