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Certifier Gold Standard goes deeper into development, teams up with UNFCCC

Published 20:16 on July 10, 2017  /  Last updated at 20:16 on July 10, 2017  /  Climate Talks, International, New Market Mechanisms, Voluntary Market  /  No Comments

Non-profit offset certifier Gold Standard on Monday launched a new standard for projects that applies across all types of climate and development action, aiming to attract interest from companies seeking to align with the UN’s Paris Agreement and Sustainable Development Goals (SDGs).

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Scale of corporate emissions highlights investor power in climate fight -report

Published 13:19 on July 10, 2017  /  Last updated at 20:03 on July 10, 2017  /  Climate Talks, International, Voluntary Market  /  No Comments

Almost a third of historic global GHG emissions can be traced to publicly-owned companies, highlighting the power of investors in forcing a cleaner transition, a report has found.

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G20 isolates Trump on climate, shies away from carbon pricing pledges

Published 19:41 on July 8, 2017  /  Last updated at 09:26 on July 10, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, US  /  No Comments

Nineteen of the G20 major economies on Saturday endorsed a climate action plan while declaring the 2015 Paris Agreement irreversible, isolating the US and rebuffing President Trump’s efforts to renegotiate the pact.

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IMO sets course for shipping emission cuts, but without final destination

Published 17:36 on July 7, 2017  /  Last updated at 17:36 on July 7, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Shipping, Voluntary Market  /  No Comments

The International Maritime Organisation (IMO) on Friday sketched an outline under which it will flesh out its initial strategy to address shipping emissions by 2018, but it stopped short of committing to decarbonise the sector this century.

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Voluntary carbon market data from CTX for July 7, 2017

Published 08:00 on July 7, 2017  /  Last updated at 15:53 on July 6, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, New Zealand, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.

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GCF board pledges support to REDD but can’t agree on details

Published 16:53 on July 6, 2017  /  Last updated at 17:52 on July 6, 2017  /  International, REDD  /  No Comments

The Green Climate Fund’s board on Thursday agreed to scale up its support for REDD, although key details of a GCF-backed results-based payments system were deferred to the next meeting.

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Four Latin American nations flag move towards a regional voluntary carbon market

Published 17:00 on July 5, 2017  /  Last updated at 01:25 on July 8, 2017  /  Americas, Asia Pacific, International, REDD, South & Central, Voluntary Market  /  No Comments

Chile, Colombia, Mexico and Peru have signed a declaration pledging to strengthen their regional climate cooperation and to move towards a regional voluntary carbon market.

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Malaysia’s Kelantan govt distances itself from unauthorised forestry carbon project offset sales

Published 11:56 on July 5, 2017  /  Last updated at 15:01 on July 6, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Malaysia’s Kelantan state on Wednesday said it has not asked any private companies to start selling carbon credits associated with a 400,000-hectare forestry project and urged any buyers to go to the police, raising more questions regarding the government’s controversial partnership with the scheme’s developer.

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GCF transfers first REDD cash ahead of talks on increased forest funding

Published 09:00 on July 5, 2017  /  Last updated at 13:01 on July 5, 2017  /  Americas, International, REDD, South & Central  /  No Comments

The Green Climate Fund this week transferred its first funds to support a REDD project as board members gathered in South Korea to discuss whether to ramp up contributions to the UN-led mechanism.

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Dutch corporates extend REDD buying, see wider interest

Published 19:11 on July 4, 2017  /  Last updated at 13:01 on July 5, 2017  /  Africa, Americas, EMEA, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Four Dutch companies including utilities Eneco and Essent have extended their long-standing REDD investments, and are teaming up with a Dutch business group to promote similar moves among smaller firms keen to extol their climate and sustainability credentials.

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