COP-22: Nations get two years to firm up Paris Agreement rulebook
UN climate negotiations ended in Marrakech in the early hours of Saturday morning with agreement on setting a two-year process to write the rulebook underpinning the Paris Agreement.
Read MoreEU and China plan meeting to forge closer carbon market ties worldwide
The EU and China will convene a meeting of carbon market nations in the first half of 2018 with the aim of advancing work on linking emissions trading systems.
Read MoreGermany widens work on CDM’s future as UN talks hold it in limbo
Germany has commissioned independent experts to help unblock global talks on how the CDM could port into the Paris Agreement, as UN negotiations remain bogged down on the issue.
Read MoreBattlefield Article 6: Governments clash in Marrakech over shape of future international carbon markets
Negotiations on global carbon trade at UN climate talks in Marrakech have highlighted several divisive issues, some new and some old, surrounding how countries can cooperate on emissions cuts and how new international market mechanisms will work.
Read MoreOrganisers re-frame Carbon Expo event to lean towards climate finance
The lead organisers of carbon market conference Carbon Expo have rebranded the event as Innovate4Climate and are suggesting a more featured role for climate finance when it returns next May.
Read MoreSouth Korea eyeing Paris GHG goal shift that would make it world’s top carbon credit buyer
South Korea appears to be considering making its Paris emissions target a multi-year goal instead of a single-year one, which could see its demand for international carbon offsets rise more than ten-fold to over 1 billion units through the 2020s, potentially give the new global carbon market a much-needed shot in the arm.
Read MorePanama deregisters controversial CDM project, work may continue
Panama has withdrawn the Barro Blanco hydro dam from the CDM, marking the first time a host country has deregistered a project and prevented it from earning carbon credits.
Read MoreCDM board eyes batch of recent climate deals in hunt for new demand sources
The CDM Executive Board at its latest meeting continued to hunt for potential sources of future demand, eyeing the recent aviation, shipping and HFC deals as well as a potential increase in voluntary cancellations of CDM offsets.
Read MoreStudy urges stronger control over carbon offset market
The international carbon offset market needs an independent monitoring process to guarantee the credibility of credits, a Stanford University-led study said, highlighting a Kenya-based project that it showed huge discrepancies between its own findings and the project-owners’ reports.
Read MoreECOSYSTEM MARKETPLACE: The Paris Agreement takes flight; what’s next in Marrakesh?
Last Friday, the Paris Agreement entered into force way ahead of schedule – less than a year after the gavel came down to adopt the climate agreement last December. This week, as nations’ representatives meet in Marrakesh, Morocco for the next annual UN climate conference (COP22), they’ll look to take an important step toward putting the landmark agreement to work.
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