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CARBON FORWARD 2018: Will international carbon trade thrive under the Paris Agreement?

Published 18:46 on September 18, 2018  /  Last updated at 22:33 on September 19, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

The world’s biggest carbon offset market is set to sunset in 2020, with governments at odds over how the UN CDM’s thousands of projects and billions of carbon credits should be subsequently treated under Article 6 of the Paris Agreement.

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Few countries are pricing carbon high enough to meet Paris Agreement targets -OECD

Published 16:43 on September 18, 2018  /  Last updated at 01:43 on September 19, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International  /  No Comments

Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a report released by the OECD on Tuesday.

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GCAS: US can get very close to Paris goal without federal action -report

Published 12:07 on September 12, 2018  /  Last updated at 02:33 on September 13, 2018  /  Americas, International, US  /  No Comments

The US can come within touching distance of its Paris Agreement emissions target even without any new policies from the federal government, according to California Governor Jerry Brown and former New York City mayor Michael Bloomberg, who launched a report on Wednesday outlining 10 policy initiatives for cities, states, and companies including carbon pricing.

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South Korea orders Samsung to pull failed CDM project

Published 09:03 on September 11, 2018  /  Last updated at 09:03 on September 11, 2018  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

The South Korean government has ordered Samsung Electronics to withdraw a CDM project that originally aimed at generating nearly 770,000 carbon credits per year over a decade.

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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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Carbon Pulse hires top carbon expert to lead Americas coverage

Published 23:00 on September 3, 2018  /  Last updated at 23:54 on September 3, 2018  /  Americas, Aviation, Bavardage, Canada, Carbon Taxes, Conversations, International, Mexico, New Market Mechanisms, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

**FREE READ** – Carbon Pulse has hired one of North America’s top carbon market experts to lead its news coverage and expand its offerings on the continent.

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