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FOREST TRENDS: Illegal mining forces suspension of ground-breaking voluntary forest carbon project in Brazil

Published 04:46 on September 11, 2018  /  Last updated at 07:50 on September 11, 2018  /  Americas, Climate Talks, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

As the first indigenous-led conservation effort to be financed through the sale of carbon offsets, the Suruí Forest Carbon Project (PCFS in Portuguese) dramatically slowed deforestation and incubated sustainable livelihood programs in Brazil’s Sete de Setembro Indigenous Territory (TISS), but a dramatic surge in illegal mining activities throughout the region in which TISS is located has forced the Paiter-Suruí indigenous people and their partners to suspend the program indefinitely.

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Nations seek stripped-down Paris rulebook as work piles up

Published 14:01 on September 9, 2018  /  Last updated at 04:52 on September 11, 2018  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Governments are planning to agree only core elements of global guidance for international emissions trade this year, stripping down Article 6 text to the bare essentials as work mounts up on the wider Paris Agreement rulebook.

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CDM board celebrates centennial meeting, makes scheme tweaks ahead of key summit

Published 19:51 on September 5, 2018  /  Last updated at 19:51 on September 5, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The CDM’s Executive Board held its 100th meeting last week in Bangkok, ahead of intersessional UN climate talks this week in the Thai capital, agreeing a handful of scheme modifications in advance of this year’s crucial COP24 summit.

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Climate action could add $26 trillion to world economy if governments act -report

Published 16:50 on September 5, 2018  /  Last updated at 16:50 on September 5, 2018  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International  /  No Comments

Strong climate action including robust carbon pricing could add at least $26 trillion to the world economy by 2030, accumulating 65 million jobs and avoiding 700,000 premature deaths from air pollution in the process, according to a wide-ranging study released on Wednesday.

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EU carbon price hike boosts hope for Paris rulebook deal, though markets may be sacrificed

Published 18:12 on September 4, 2018  /  Last updated at 18:12 on September 4, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

A rapidly-rising EU carbon price is helping to boost confidence that the Paris Agreement rulebook will be finalised this year, though this could mean leaving out guidance on how carbon markets will operate under the UN pact.

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Negotiators, observers upbeat on Article 6 talks ahead of Bangkok

Published 09:14 on August 30, 2018  /  Last updated at 19:05 on August 30, 2018  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Negotiations on the future carbon market mechanisms under Article 6 of the Paris Agreement are making good progress, with expectations that next week’s climate conference in Bangkok will see final text start to take shape, according to stakeholders.

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COMMENT – Wanted: Team coach for the Green Climate Fund

Published 02:00 on August 30, 2018  /  Last updated at 23:10 on September 5, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, US, Views  /  No Comments

Reaching agreement on replenishment in the GCF family is easier said than done. Among several hotly debated issues at its last Board meeting was an hours-long discussion of how to launch replenishment — with no resolution. If we want the GCF to succeed, the Board needs to get past the logjam. Here’s WRI’s take on how they could.

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UNFCCC pulls offsetting promotion after being accused of mocking low-carbon lifestyle changes

Published 20:35 on August 29, 2018  /  Last updated at 19:09 on August 30, 2018  /  Africa, Americas, Aviation, Bavardage, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South Korea, Voluntary Market  /  No Comments

The UN’s climate division hastily pulled a social media campaign and accompanying video relaunching its voluntary offsetting platform on Wednesday, just hours after the ad was panned by campaigners and other viewers for mocking people’s efforts to lead a low-carbon lifestyle.

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Trump administration does about-face on appeal of HFC ruling

Published 16:28 on August 28, 2018  /  Last updated at 17:09 on August 28, 2018  /  Americas, Climate Talks, International, US  /  No Comments

The US Justice Department (DOJ) filed a brief on Monday arguing that the Supreme Court should not accept petitions to overturn a lower court’s ruling over an Obama-era ban on potent heat-trapping gases, reversing course on an environmental policy that the Trump administration initially sought to defend.

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German government launches CER tender to offset travel emissions

Published 14:44 on August 9, 2018  /  Last updated at 14:44 on August 9, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Germany has launched a tender to procure nearly 300,000 offsets as part of its commitment to neutralise the GHG emissions generated from the business trips of federal government officials.

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