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French, Indian firms awarded UN offsetting contracts in 2018

Published 22:17 on February 4, 2019  /  Last updated at 22:17 on February 4, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.

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Oil major BP joins rival Shell in beefing up climate disclosure

Published 18:07 on February 1, 2019  /  Last updated at 18:07 on February 1, 2019  /  Americas, Asia Pacific, EMEA, International, Voluntary Market  /  No Comments

Oil major BP has bowed to investor pressure by agreeing to disclose more information about how it views the climate risk of its operations, though it rejected campaigner calls to set emission targets for its products.

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UN-backed $300 mln land restoration fund picks Peru project as first investment

Published 16:53 on January 30, 2019  /  Last updated at 09:17 on January 31, 2019  /  Americas, Canada, Climate Talks, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The $300 million Land Degradation Neutrality (LDN) Fund has committed $12 mln to a carbon credit-generating agroforestry project in Peru as its first investment towards restoring degraded land worldwide.

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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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California to develop pathway to 2050 carbon neutrality

Published 00:43 on January 24, 2019  /  Last updated at 00:43 on January 24, 2019  /  Americas, International, US  /  1 Comment

California will kick off a series of workshops over the next year and a half to develop a strategy for becoming carbon neutral by mid-century, officials from regulator ARB said Wednesday, with the state still to figure out what role offsetting might play in that target.

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EU plans Brussels conference to further work on Paris Agreement’s Article 6

Published 17:25 on January 22, 2019  /  Last updated at 23:21 on January 22, 2019  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The European Commission is planning to host a conference on international carbon trade this spring to help clinch a deal on rules for Article 6 of the Paris Agreement after recent talks fell apart.

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ECOSYSTEM MARKETPLACE: Davos and the salad sauce of sustainable supply chains

Published 11:09 on January 22, 2019  /  Last updated at 11:09 on January 22, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, Conversations, EMEA, International, REDD, US, Views  /  No Comments

Something is happening in the “Zero-Deforestation Supply Chain Movement,” which is a key component of the global effort to end climate change, and this week’s Annual Meeting of the World Economic Forum (WEF) could provide the impetus for moving beyond lateral drift into fervent activity.

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A global carbon tax may be more feasible than previously thought -survey

Published 09:13 on January 17, 2019  /  Last updated at 16:44 on January 17, 2019  /  Americas, Asia Pacific, Carbon Taxes, EMEA, International  /  No Comments

The general public in both rich and poor countries shows a consistently high level of support for a carefully designed global carbon tax, a survey found.

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Global clean energy investment dips 8% as solar panel glut takes effect -BNEF

Published 13:45 on January 16, 2019  /  Last updated at 23:44 on January 16, 2019  /  Americas, Asia Pacific, EMEA, International  /  No Comments

Global clean energy investments fell 8% in 2018 to $332.1 billion as a solar panel production glut slashed prices and China cut subsidy access, according to researchers BloombergNEF (BNEF).

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Korean developers push on with CDM projects despite potential UN restrictions

Published 10:56 on January 16, 2019  /  Last updated at 21:12 on January 16, 2019  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korean project developers continue to identify and launch new CDM projects for use in the domestic ETS despite lingering uncertainty over the mechanism’s future and their government being outmanoeuvred at UN climate talks.

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