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Emissions trading group IETA boosts US, EU roster with veteran appointments

Published 18:09 on January 22, 2018  /  Last updated at 18:09 on January 22, 2018  /  Americas, Bavardage, EMEA, EU ETS, International, US  /  No Comments

Emissions trading association IETA has appointed several market veterans to enhance its work in Europe and the US.

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Little respite in South Korea ETS for Europe’s CDM investors

Published 10:51 on January 19, 2018  /  Last updated at 15:58 on January 19, 2018  /  Asia Pacific, EMEA, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korean carbon traders and brokers are seeing a significant uptick in approaches from European investors looking to take advantage of impending offset rule changes in the Korean ETS, but opportunities are likely to be limited, according to market participants.

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Global CO2 trading volume up 5% in 2017, value up 22% as major markets extend rules -analysts

Published 15:03 on January 18, 2018  /  Last updated at 08:26 on January 19, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 5% in 2017 to 6.3 billion tonnes of CO2e while the overall value of the markets climbed 22% to €41 billion ($33.5 billion), the Point Carbon analysts at Thomson Reuters said in a market review published Thursday.

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Advisor warns UK against using international credits towards post-2020 emission goals

Published 00:01 on January 17, 2018  /  Last updated at 13:51 on January 17, 2018  /  EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

The UK government must firm up how it will meet its medium-term emission goals and should not make use of legal loopholes such as buying foreign carbon credits, according to Britain’s independent advisory body the Committee on Climate Change (CCC).

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China solar boom lifts 2017 global clean energy investment -analysts

Published 15:53 on January 16, 2018  /  Last updated at 19:50 on January 16, 2018  /  Asia Pacific, China, EMEA, EU ETS, International, US  /  No Comments

World clean energy investment totalled $333.5 billion in 2017, up 3% from 2016 and the second highest annual figure ever, analysts at Bloomberg New Energy Finance (BNEF) said on Tuesday.

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Gold Standard adds voluntary project tool to measure gender equality progress

Published 15:07 on January 15, 2018  /  Last updated at 16:32 on January 15, 2018  /  Africa, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Non-profit certifier Gold Standard has begun to offer investors a way to measure gender equality progress in climate protection projects in the developing world, a part of its effort to broaden interest in funding development across poorer countries.

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Natural Capital Partners, VCS hit back at claims of dodgy Cambodian REDD offsets

Published 11:08 on January 12, 2018  /  Last updated at 11:19 on January 12, 2018  /  Asia Pacific, Aviation, International, Other APAC, REDD, Voluntary Market  /  No Comments

Carbon brokers Natural Capital Partners and the Voluntary Carbon Standard (VCS) have hit back against claims that offsets from the Oddar Meanchey REDD project in Cambodia lack environmental integrity.

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Virgin Atlantic becomes latest firm to shun credits from controversial Cambodian REDD project

Published 18:59 on January 10, 2018  /  Last updated at 18:59 on January 10, 2018  /  Africa, Asia Pacific, Aviation, EMEA, International, Other APAC, REDD, Voluntary Market  /  No Comments

Airline Virgin Atlantic has become the latest firm to remove a Cambodian REDD+ project from its portfolio of offset sources, according to media reports, amid ongoing claims that large areas covered by the initiative were subject to rampant deforestation.

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ICAO draft sets out basis for eligible CORSIA credits, defers to programmes 

Published 18:24 on January 9, 2018  /  Last updated at 09:27 on January 10, 2018  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN agency ICAO has proposed to defer much of the responsibility for ensuring the environmental integrity of carbon credits eligible for its CORSIA aviation offsetting scheme to the credit standards themselves, according to a preliminary draft of the rules seen by Carbon Pulse.

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COP-24 host Poland fires environment minister in cabinet reshuffle

Published 17:02 on January 9, 2018  /  Last updated at 19:05 on January 9, 2018  /  Climate Talks, EMEA, EU ETS, International  /  No Comments

Poland has fired its environment minister as part of a cabinet reshuffle by new Prime Minister Mateusz Morawiecki and on recommendations from President Andrzej Duda, less than 11 months before the country is to host annual UN climate talks.

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