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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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SK Market: KAUs close 5% higher despite considerable volume traded at lower levels

Published 11:53 on November 14, 2017  /  Last updated at 14:42 on November 14, 2017  /  Asia Pacific, South Korea  /  No Comments

South Korean CO2 permits shot up 5.1% on Tuesday to reach an eight-month high, even though the vast majority of allowances were traded at a lower level.

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COP23: No China ETS launch in Bonn as market lacks Cabinet approval

Published 09:09 on November 14, 2017  /  Last updated at 13:47 on November 14, 2017  /  Asia Pacific, China, China's National ETS  /  No Comments

The much-anticipated launch of China’s national emissions trading scheme looks unlikely to take place during the UN talks in Bonn as the State Council has yet to approve the regulator’s proposed plans, China’s special representative on climate change said Tuesday.

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Australia set for influx of cheap, low-quality offsets -analysts

Published 08:29 on November 14, 2017  /  Last updated at 14:19 on November 14, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s current climate policy is likely to create a huge supply of carbon offsets available in the A$5-10/tonne ($3.80-7.60) range, with many of them from low-quality projects unlikely to be accepted in international markets, analysts Reputex said.

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COP23: ETS links slink back on Asia Pacific countries’ priority list

Published 17:52 on November 13, 2017  /  Last updated at 21:21 on November 13, 2017  /  Asia Pacific, China, China's National ETS, Japan, New Zealand, South Korea  /  No Comments

Linking emerging Asian Pacific emissions trading markets is slowly dropping down the list of priorities for regional climate policy officials, even as the need to cooperate in developing markets increases.

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COP23: NAMA Facility launches biggest-ever funding call as UK puts up more cash for poorer nations

Published 12:16 on November 13, 2017  /  Last updated at 16:24 on November 13, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, South & Central  /  No Comments

The NAMA Facility launched its fifth funding call seeking applications from carbon-cutting projects in the developing world, as  EU donors collectively provided a record €85 million as they see the mitigation mechanism transitioning into the Paris-era.

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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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CORRECTED – 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 09:49 on November 15, 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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Australia issues 240k offsets to nine projects

Published 09:58 on November 10, 2017  /  Last updated at 12:23 on November 10, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week issued 239,597 new carbon credits, with the majority going to developers Terra Carbon.

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