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US trade war clouds prospects for China’s climate ambition, official says

Published 07:36 on August 30, 2019  /  Last updated at 07:36 on August 30, 2019  /  China, China's National ETS, Climate Talks, International  /  No Comments

The trade war with the US and the general downturn in China’s economy is making it tougher for China to act on climate change, a senior government official said Friday, dodging questions from reporters on whether Beijing would respond to calls from the UN Secretary-General to raise ambition levels at a summit in New York next month.

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Switzerland sets net zero 2050 emissions goal, still plans to use offsets

Published 14:39 on August 29, 2019  /  Last updated at 14:39 on August 29, 2019  /  EMEA, International, Switzerland  /  No Comments

Switzerland raised its long-term climate ambition on Thursday, setting a 2050 net zero emission target and keeping its aim of using international credits to meet some portion of that goal.

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Hydrogen could decarbonise global steel production with $35-50/t carbon price -report

Published 09:21 on August 29, 2019  /  Last updated at 09:39 on August 29, 2019  /  Africa, Americas, Asia Pacific, Carbon Taxes, China, China's National ETS, EMEA, EU ETS, International, New Zealand  /  No Comments

Hydrogen could replace fossil fuels in the steel-making process and help decarbonise the sector globally almost completely by 2050 with a carbon price of around $35-50, a report said Thursday.

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Japan, World Bank target JCM offset scheme to pilot Paris Agreement carbon market

Published 14:45 on August 27, 2019  /  Last updated at 14:45 on August 27, 2019  /  Asia Pacific, International, Japan, New Market Mechanisms  /  No Comments

Japan and the World Bank have signed an MoU on the Joint Crediting Mechanism (JCM), aiming to use the offset programme to pilot the emerging international carbon market under the Paris Agreement.

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UPDATE- Three nations announce GCF cash as G7 pledges aid to fight Amazon fires

Published 10:23 on August 26, 2019  /  Last updated at 22:51 on August 27, 2019  /  Climate Talks, EMEA, International  /  No Comments

The UK, France and Canada will double their contributions to the UN’s Green Climate Fund (GCF), the governments announced at the G7 summit on Monday, with Britain’s contribution amounting to a further $881 million and Canada’s some $226 million.

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US presidential candidate Sanders sets out energy decarbonisation by 2030, $200 bln GCF contribution

Published 18:32 on August 22, 2019  /  Last updated at 18:39 on August 22, 2019  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF).

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CARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut

Published 08:39 on August 22, 2019  /  Last updated at 11:20 on August 22, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features key insights from environmental markets experts.

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Voluntary climate initiative sees 46 firms commit to set tougher goals

Published 22:40 on August 21, 2019  /  Last updated at 22:55 on August 21, 2019  /  Climate Talks, International, Voluntary Market  /  No Comments

Forty-six companies worth $2.2 trillion have signed up to set tougher climate goals under the Science-Based Targets initiative (SBTi) ahead of an October ratcheting up of ambition.

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Canadian Conservative climate plan seen missing Paris target by nearly 200 Mt -report

Published 22:31 on August 21, 2019  /  Last updated at 22:38 on August 21, 2019  /  Americas, Canada, Carbon Taxes, International  /  No Comments

The Canadian federal Conservatives’ climate plan would take the country even further off its Paris Agreement GHG target by scrapping or altering a variety of CO2 pricing and clean fuel measures and replacing them with negligible or difficult-to-measure initiatives, according to a new policy brief.

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Norway halts forest payments to Brazil

Published 03:06 on August 16, 2019  /  Last updated at 08:07 on August 16, 2019  /  Americas, EMEA, International, REDD, South Korea  /  No Comments

Norway has halted payments to the Amazon Fund for deforestation efforts in Brazil, claiming the Bolsonaro government has broken the terms of their agreement.

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