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Global CO2 emissions steady in 2016, extending plateau into third year -report

Published 17:04 on October 20, 2017  /  Last updated at 17:04 on October 20, 2017  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Japan, Other APAC, South & Central, US  /  No Comments

Growth in global CO2 emissions remained stalled for a third straight year in 2016, according to an annual assessment by the EU’s Joint Research Centre and the Netherlands Environmental Assessment Agency.

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North American, East Asian companies drive 11% growth in internal carbon pricing

Published 13:11 on October 12, 2017  /  Last updated at 13:51 on October 12, 2017  /  Americas, Asia Pacific, Canada, China, EMEA, International, Japan, Mexico, South Korea  /  No Comments

A steadily growing number of global companies apply an internal carbon price in decision-making with those based in East Asia and North America leading the way, according to an annual survey by non-profit CDP, although the majority of firms have yet to price their CO2 emissions.

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Japan issues first offsets in carbon credit deal with Vietnam

Published 09:54 on October 11, 2017  /  Last updated at 14:46 on October 11, 2017  /  Asia Pacific, Japan, Other APAC  /  No Comments

Japan this week for the first time issued carbon offsets to two projects registered under its Joint Crediting Mechanism (JCM) deal with Vietnam.

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China’s foreign investment ambitions spur ETS interest, but talk of CO2 market expansion seen as premature -observers

Published 10:37 on October 10, 2017  /  Last updated at 00:39 on October 11, 2017  /  Africa, Asia Pacific, China, China's National ETS, EMEA, International, Japan, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, South Korea  /  No Comments

China’s massive Belt and Road Initiative (BRI) trade strategy has sparked speculation about Beijing’s plans to build carbon market ties with emerging regions, but those are unlikely to emerge for years, observers say.

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Japan backs tight rules for crediting of non-NDC carbon cuts

Published 10:03 on October 6, 2017  /  Last updated at 16:27 on October 6, 2017  /  Asia Pacific, Climate Talks, International, Japan, New Market Mechanisms  /  No Comments

The Paris Agreement should allow international trade in carbon credits from sectors outside a selling country’s Nationally Determined Contribution (NDC), but those units should still be deducted from the national inventory in order to avoid double-claiming, according to a Japanese submission to the UNFCCC.

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First Thai project registers under Japan’s JCM

Published 10:35 on August 22, 2017  /  Last updated at 12:06 on August 22, 2017  /  Asia Pacific, Japan, Other APAC  /  No Comments

A small-scale solar project has become the first to register and become eligible to earn carbon credits under the Japan-Thailand Joint Crediting Mechanism (JCM).

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Japanese firms show renewed interest in offsets

Published 10:09 on August 9, 2017  /  Last updated at 10:09 on August 9, 2017  /  Asia Pacific, Japan, Voluntary Market  /  No Comments

Japanese firms are increasingly re-entering the carbon offset market to help achieve sustainability goals, according to local media.

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Carbon pricing most efficient way to hit Japan’s CO2 targets, env. minister tells Reuters

Published 14:18 on June 29, 2017  /  Last updated at 15:49 on June 29, 2017  /  Asia Pacific, Japan  /  No Comments

Carbon pricing is the most efficient way for Japan to meet its 2050 emissions target, according to environment minister Kouichi Yamamoto, who suggested that the country’s nearer term goal is in peril.

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Japan picks REDD+ model project under JCM

Published 13:12 on June 26, 2017  /  Last updated at 13:02 on July 5, 2017  /  Asia Pacific, International, Japan, REDD, Voluntary Market  /  No Comments

Japan has selected a project in Laos as a model for funding under its Joint Crediting Mechanism (JCM), the environment ministry said.

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BP welcomes energy emissions flatlining but unsure if it will last

Published 15:19 on June 13, 2017  /  Last updated at 22:28 on June 13, 2017  /  Africa, Americas, Asia Pacific, China, EMEA, International, Japan, Middle East, Other APAC, South & Central, US  /  No Comments

Global CO2 emissions from energy were virtually flat in 2016 for the third consecutive year, oil major BP said on Tuesday, but it’s not clear whether this is a longer-lasting trend.

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