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Ben & Jerry’s customers scoop up REDD credits in retail offsetting initiative

Published 10:41 on May 24, 2018  /  Last updated at 10:41 on May 24, 2018  /  Americas, EMEA, International, REDD, South & Central, US, Voluntary Market  /  No Comments

Ice cream maker Ben & Jerry’s is piloting an initiative where customers automatically offset the footprint of their retail purchases through buying Peruvian forestry offsets via blockchain technology.

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CBL Markets, UNFCCC in deal to trade CERs on exchange operator’s platform

Published 03:00 on May 24, 2018  /  Last updated at 05:58 on May 24, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Energy and environmental commodity exchange operator CBL Markets has agreed a partnership with the UN’s climate change secretariat to list spot CERs on its trading platform, it announced on Thursday.

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Voluntary carbon market unwise to continue outside blurred lines of Paris Agreement, experts warn

Published 17:47 on May 23, 2018  /  Last updated at 17:47 on May 23, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Voluntary carbon market developers risk being crowded out of existence by increasingly expansive climate policies worldwide unless they quickly work out a way to earn revenues within the scope of the Paris Agreement, experts said at an event on Wednesday.

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US forest carbon offset markets could be bolstered through reverse auctions, say experts

Published 11:48 on May 23, 2018  /  Last updated at 11:49 on May 23, 2018  /  Americas, International, US, Voluntary Market  /  No Comments

The slower-than-planned uptake of forest-based carbon offsetting in the US could be buoyed by a reverse auction system that provides cost certainty and flexibility for landowners, according to experts.

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EU nations’ CO2 price floor efforts win World Bank praise as global pricing revenues double in 2017

Published 05:00 on May 22, 2018  /  Last updated at 12:17 on May 22, 2018  /  Americas, Asia Pacific, EMEA, EU ETS, International  /  No Comments

EU nations such as France are moving in the right direction in their efforts to impose a carbon price floor in addition to the ETS because recent price rises still leave the market and other mechanisms insufficient for tackling climate change, according to World Bank climate chief John Roome.

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Future of global carbon markets rests on China success -survey

Published 05:00 on May 22, 2018  /  Last updated at 04:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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Peru agrees to ‘nest’ Althelia’s REDD projects into its Paris efforts

Published 17:10 on May 21, 2018  /  Last updated at 17:10 on May 21, 2018  /  Americas, Climate Talks, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Peru’s government has agreed to ‘nest’ two REDD projects financed by fund Althelia, claiming a global first that enables the developers to sell carbon credits abroad while later integrating with the government’s Paris emission pledge.

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President Xi holds firm on China’s pollution fight, backs away from climate leadership role

Published 05:36 on May 21, 2018  /  Last updated at 08:48 on May 21, 2018  /  China, Climate Talks, International  /  No Comments

Chinese President Xi Jinping this weekend reiterated plans to step up his country’s fight against pollution, but softened language on the role China wants to play in international climate politics.

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Nordic nations float ITMO trade model with Peru

Published 13:56 on May 16, 2018  /  Last updated at 04:29 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 11:15 on May 15, 2018  /  Last updated at 08:35 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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