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Mexican carbon pricing NGO sees director leave for IHS Markit

Published 15:34 on November 19, 2019  /  Last updated at 15:34 on November 19, 2019  /  Americas, Bavardage, International, Mexico, US  /  No Comments

The director of non-governmental organisation and CO2 pricing consultancy Carbon Trust’s Mexico office will take on a new role at information provider IHS Markit, Carbon Pulse has learned.

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UK’s easyJet becomes first major airline to offset all flight emissions

Published 12:13 on November 19, 2019  /  Last updated at 23:56 on November 19, 2019  /  Aviation, EMEA, EU ETS, International, REDD, Switzerland, Voluntary Market  /  No Comments

Low-cost carrier easyJet will become the first airline to offset the fuel emissions from all of its flights, it announced Tuesday as part of its annual results.

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Switzerland opens second call for ITMO proposals

Published 19:50 on November 18, 2019  /  Last updated at 23:36 on November 18, 2019  /  EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

Switzerland’s carbon credit procurement agency Klik has launched a second call for proposals from developers hoping to sell emission units to the country under the Paris Agreement’s Article 6.

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ANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus

Published 20:18 on November 15, 2019  /  Last updated at 20:18 on November 15, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.

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Shipping groups suggest fuel levy idea as EU measures loom larger

Published 20:11 on November 15, 2019  /  Last updated at 20:14 on November 15, 2019  /  Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

Industry associations have suggested charging ships a $2/tonne fuel tax, in one of several measures discussed at the UN’s maritime body IMO this week as the sector strives to avoid regulation under the EU ETS.

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Green Climate Fund approves its first Chinese project

Published 07:57 on November 14, 2019  /  Last updated at 23:38 on November 14, 2019  /  China, International  /  No Comments

The Green Climate Fund (GCF) board on Thursday approved a $100 million loan to an Asian Development Bank-led project in China’s Shandong province against the votes of the US and Japan, the first time the fund has backed a Chinese project.

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Veteran climate lawyer launches climate investment and advisory business

Published 13:01 on November 13, 2019  /  Last updated at 00:47 on November 13, 2019  /  Americas, Asia Pacific, Australia, Bavardage, International  /  No Comments

A veteran climate policy and carbon market lawyer has launched a climate change advisory and investment business, aiming to raise $3 billion across investment funds to facilitate the transition to a net-zero and climate resilient future.

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GCF approves funding for host of forest carbon projects

Published 10:05 on November 13, 2019  /  Last updated at 19:40 on November 13, 2019  /  Africa, Americas, Asia Pacific, China, EMEA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The Green Climate Fund board on Wednesday approved $308 million in funding for new projects, of which over 40% will go to forest carbon projects, although the World Bank’s International Finance Corporation withdrew an application for a controversial REDD bond scheme.

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Qantas announces 2050 net zero emissions target, doubling of offset use

Published 01:20 on November 11, 2019  /  Last updated at 00:03 on November 12, 2019  /  Asia Pacific, Australia, Aviation, International, Voluntary Market  /  No Comments

Australian airline Qantas on Monday said it would reach net zero emissions by 2050, and as part of the plan will immediately double its use of carbon credits by matching each tonne offset by its customers.

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Low-cost EU airline emissions dip in October

Published 19:33 on November 8, 2019  /  Last updated at 19:34 on November 8, 2019  /  Aviation, EMEA, EU ETS, International  /  No Comments

Two of Europe’s biggest low-cost airlines posted a second straight month-on-month decline in their carbon emissions in October.

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