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Study to outline massive potential CO2 mitigation cost savings if countries cooperate

Published 14:34 on November 8, 2018  /  Last updated at 01:19 on November 9, 2018  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Governments could save almost $300 billion a year on emission reductions by 2030 if they cooperate rather than work alone, a conference heard this week.

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COMMENT: Paris goals can only be achieved in time with robust bottom-up action

Published 23:09 on November 6, 2018  /  Last updated at 23:09 on November 6, 2018  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.

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Brussels urges EU states to “file difference” to UN’s CORSIA aviation scheme

Published 18:15 on November 5, 2018  /  Last updated at 00:45 on November 6, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International  /  No Comments

The European Commission is urging EU states to “file a difference” to the rulebook on the UN’s CORSIA, a Commission official said Monday, a move that casts further doubt on the future of the aviation offsetting scheme.

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Aviation industry urges governments to wait to set a global GHG target

Published 15:18 on November 5, 2018  /  Last updated at 15:18 on November 5, 2018  /  Americas, Asia Pacific, Aviation, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Shipping, US, Voluntary Market  /  No Comments

Governments should wait two or three years before setting a global aviation emission goal in case they “lose focus” on implementing the CORSIA offsetting mechanism, which is designed to limit emissions at 2020 levels, senior aviation representatives told a conference Monday.

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UN opens tender to buy 141k Gold Standard CERs

Published 12:34 on October 30, 2018  /  Last updated at 12:34 on October 30, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.

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IMO still docked in finding ways to meet shipping’s global emission goals

Published 19:15 on October 26, 2018  /  Last updated at 19:30 on October 26, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, New Market Mechanisms, Shipping, Voluntary Market  /  No Comments

Governments at the International Maritime Organisation (IMO) this week got off to a slow start in agreeing measures to help meet emission reduction goals, but the group took steps to keep in play the launch of a market-based measure from 2023.

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Brazilian company to auction nearly 500k VCUs from hydro project on Nov. 7

Published 01:23 on October 25, 2018  /  Last updated at 14:52 on October 25, 2018  /  Americas, International, South & Central, Voluntary Market  /  No Comments

**This article is available to non-subscribers** – A Brazilian electric generation company has announced it will auction 492,647 Verified Carbon Units (VCUs) from a hydro project in the southern part of the country on Wednesday, Nov. 7.

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Two more South Korean projects de-register from CDM

Published 14:56 on October 22, 2018  /  Last updated at 15:36 on October 22, 2018  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

Two more South Korean CDM projects, collectively capable of yielding more than 1.2 million CERs annually, have been de-registered by their owner, the electronics giant Samsung.

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Tense GCF board approves over $1 billion in new climate funding

Published 16:55 on October 19, 2018  /  Last updated at 13:47 on October 22, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, US  /  No Comments

The Green Climate Fund (GCF) board has approved more than $1 billion in new project funding, including funds for a trimmed down version of a controversial Bahraini project, at an often combative four-day meeting that highlighted the ongoing deep divide between developed and developing countries.

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CARBON FORWARD 2018: Switzerland lines up first Paris-era carbon trades

Published 22:37 on October 18, 2018  /  Last updated at 02:35 on October 19, 2018  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland  /  No Comments

Switzerland will start buying its first international credits next year to help meet its emission goal under the Paris Agreement, marking one of the first trades under the pact, an official said Thursday at the Carbon Forward 2018 conference in London.

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