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Campaigners urge governments boost funding to ‘overlooked’ landscape restoration

Published 18:45 on April 3, 2019  /  Last updated at 18:45 on April 3, 2019  /  Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Governments are chronically underfunding the restoration of natural landscapes that can simultaneously tackle climate change and biodiversity loss, an international group of campaigners said Wednesday.

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CDM board weighs expanding struggling scheme to ride-sharing apps, other urban sectors

Published 02:30 on April 3, 2019  /  Last updated at 09:59 on April 3, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, Voluntary Market  /  No Comments

The CDM’s executive board held its first meeting of 2019 last week, where it weighed a number issues including whether online ride-hailing applications should receive carbon offsets and how to expand the struggling scheme’s use into urban sectors.

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Shell ends relationship with US lobby group over climate policy

Published 16:14 on April 2, 2019  /  Last updated at 23:03 on April 2, 2019  /  Americas, Canada, EMEA, International, US  /  No Comments

Oil major Shell will terminate its relationship with a US lobby group and found misalignment with nine other North American and European industry bodies due to their position on climate change issues, according to a company report released Monday.

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Chile moves UN COP25 climate summit to Easter Island over logistical, environmental fears

Published 00:01 on April 1, 2019  /  Last updated at 00:43 on April 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  1 Comment

Amid a raft of concerns about overcrowding and a lack of conference venue options in Santiago, the Chilean government has announced its remote Easter Island as the surprise site for this year’s UN COP25 climate summit, highlighting the island’s ecological-driven collapse as a point of urgency for global efforts to reduce emissions.

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ANALYSIS: Long-delayed REDD deals seen as base for international emissions trade

Published 20:50 on March 28, 2019  /  Last updated at 23:43 on March 28, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Forest protection deals inked between African nations and a World Bank fund could spur international emissions trade under the Paris Agreement and ICAO’s CORSIA offsetting scheme for aviation, according to experts.

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Restarted China coal boom halts global build decline, report warns

Published 11:12 on March 28, 2019  /  Last updated at 12:56 on March 28, 2019  /  Americas, Asia Pacific, China, EMEA, International, Other APAC, US  /  No Comments

China last year restarted construction on a number of previously suspended coal plants, offsetting a decline in the rest of the world to push up global capacity build figures for the first time in three years, according to a report published Thursday.

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ICAO names advisory board for CORSIA aviation offset scheme

Published 22:12 on March 27, 2019  /  Last updated at 13:09 on March 28, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, South Korea, US, Voluntary Market  /  No Comments

UN aviation body ICAO has listed the members of its technical advisory board (TAB) for its CORSIA global offsetting mechanism, adhering to historical splits between rich and poor countries with the latter represented by major CDM host nations and oil majors.

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BRIEFING: Proposed pre-linkage Swiss ETS rule changes include holding limits, high price floor

Published 18:46 on March 27, 2019  /  Last updated at 23:13 on March 27, 2019  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

Switzerland has launched a consultation over proposed changes to its emissions trading regulations that are needed before it links its carbon market to the EU ETS, floating protective measures including allowance holding limits and a high price floor based on the social cost of carbon.

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BP targets $100 mln for upstream GHG reduction projects

Published 21:16 on March 26, 2019  /  Last updated at 21:16 on March 26, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, South & Central  /  No Comments

Fossil fuel major BP on Tuesday announced a $100 million fund to lower emissions from its upstream oil and gas operations, months after shareholder pressure forced the company to beef up its climate-related disclosures.

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Global energy-related CO2 emissions spike 1.7% in 2018 to hit another record -IEA

Published 00:00 on March 26, 2019  /  Last updated at 00:42 on March 26, 2019  /  Africa, Americas, Asia Pacific, China, EMEA, International, South & Central, US  /  No Comments

Energy-related CO2 output shot up in 2018 to hit a second consecutive yearly high as Asian coal growth and the US oil and gas boom overshadowed global progress in renewable energy and energy efficiency, the International Energy Agency (IEA) said in a report released Tuesday.

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