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Nordic nations float ITMO trade model with Peru

Published 18:56 on May 16, 2018  /  Last updated at 09:29 on May 17, 2018  /  Americas, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Carbon-cutting activities in Peru’s waste sector could be developed using international emissions trade in a way that resolves many concerns over how carbon markets can contribute to the Paris Agreement, according to an initial draft of a study commissioned by Nordic countries.

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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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CO2 emissions from burgeoning ‘South-South’ trade may threaten climate goals -study

Published 22:22 on May 14, 2018  /  Last updated at 11:42 on May 15, 2018  /  Asia Pacific, China, EMEA, International  /  No Comments

The growth in trade between developing countries in the first decade of the 21st century, fuelled by the offshoring of manufacturing to lower-wage economies, has led to a surge in emissions that threatens the climate goals of the Paris Agreement, according to a study released on Monday.

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By the numbers: Kyoto offset use in the EU ETS since 2014

Published 17:58 on May 11, 2018  /  Last updated at 11:05 on May 14, 2018  /  China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central  /  No Comments

Fossil fuel-based projects in developing and eastern European countries have been the largest individual beneficiaries from selling offsets to emitters in the EU ETS since 2014, while more than 75% of the credits came from just two countries.

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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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UN adds more Paris rulebook talks as higher CO2 prices raise demand hopes

Published 18:56 on May 10, 2018  /  Last updated at 07:49 on May 11, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Governments have agreed to hold an extra week of negotiations on international emissions trade and other rules under the 2015 Paris Agreement, as two weeks of UN climate talks in Bonn ended Thursday yielding little progress.

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New initiative markets ‘blue carbon’ credits for climate resiliency

Published 17:43 on May 10, 2018  /  Last updated at 17:43 on May 10, 2018  /  Americas, Climate Talks, International, US, Voluntary Market  /  No Comments

Green group The Nature Conservancy and insurance company XL Catlin have teamed up to develop ‘Blue Carbon Resilience Credits’ for marketing the benefits of ecosystems that combine carbon sequestration and climate change resiliency.

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Researchers tee up trial forestry ITMO trade from Colombia to Korea

Published 18:55 on May 4, 2018  /  Last updated at 03:30 on May 5, 2018  /  Americas, Asia Pacific, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, South Korea, Voluntary Market  /  No Comments

Four research institutions have partnered to test a forest carbon trade that would involve transferring REDD carbon credits from Colombia to South Korea to help meet Paris Agreement goals.

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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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Canadian firm foresees international expansion for Alberta’s land-based offset protocols

Published 20:27 on May 2, 2018  /  Last updated at 00:12 on May 3, 2018  /  Americas, Aviation, Canada, International  /  No Comments

New global carbon markets and heightened consumer and corporate interest will bolster international demand for land-based offset projects developed in Alberta, despite concerns about environmental integrity, Canadian environmental consultants said on Wednesday.

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