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Global forest carbon finance falls 25% in 2016, report finds

Published 21:40 on December 11, 2017  /  Last updated at 21:40 on December 11, 2017  /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, International, Kyoto Mechanisms, New Zealand, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Global funding for efforts to store carbon in forests dropped 25% to $662.1 million in 2016, according to Ecosystem Marketplace’s annual report on the state of forest carbon finance.

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ANALYSIS: Airlines face CORSIA cost hike as hunt for cheap CO2 cuts gathers pace 

Published 19:37 on December 5, 2017  /  Last updated at 04:20 on December 6, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Airlines face the prospect of rapidly rising prices for carbon offsets to meet their CORSIA goals as regulators dither on agreeing rules and countries forge their own climate policies.

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IAG chief says airline climate goals insufficient as airlines seek EU ETS exit 

Published 19:42 on December 4, 2017  /  Last updated at 19:42 on December 4, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Aviation’s global climate goals are not enough in the long term, according to IAG boss Willie Walsh, who said the sector eventually faces being suppressed by governments if it cannot achieve environmental sustainability.

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World’s first programmatic carbon market lines up five CO2-cutting activities 

Published 21:43 on November 29, 2017  /  Last updated at 09:25 on November 30, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The world’s first programmatic carbon market is targeting its first approvals of developing world GHG-cutting activities late next year and has a shortlist of five projects that will generate emission reduction units for five rich European nations.

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UK’s future in EU ETS is distinct from EU exit, stresses UK climate minister  

Published 13:39 on November 28, 2017  /  Last updated at 20:54 on November 28, 2017  /  Carbon Taxes, EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

The UK’s future in the EU ETS is distinct from its move to exit the bloc, though the government is exploring options to trade carbon with other partners as some in the EU seek to use the issue as a Brexit bargaining chip, Britain’s climate minister Claire Perry said Tuesday.

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ECOSYSTEM MARKETPLACE: In Bonn, progress on markets hampered by gridlock on everything else

Published 14:42 on November 20, 2017  /  Last updated at 14:42 on November 20, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Views, Voluntary Market  /  No Comments

The Americas aren’t named for Christopher Columbus, but for his map-maker, Amerigo Vespucci, who first figured out that Brazil is a pretty big part of the New World – something to keep in mind as climate negotiators sketch out the map for implementing the Paris Agreement.

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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: UN negotiators get ahead of themselves in Bonn CO2 trade talks

Published 18:00 on November 17, 2017  /  Last updated at 18:26 on November 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement edged ahead of other strands of the UN climate talks over two weeks in Bonn, boosting confidence that countries and companies seeking to use international CO2 deals will have rules in place well ahead of the pact’s 2020 start.

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COP23: Spotlight on questionable CDM projects brings Brazil’s split carbon market views to fore

Published 22:39 on November 16, 2017  /  Last updated at 23:36 on November 16, 2017  /  Americas, International, Kyoto Mechanisms, REDD, South & Central  /  No Comments

Three Brazilian hydro projects owned by state-owned energy company Eletrobras could generate nearly 170 million environmentally dubious CERs by 2030, climate campaigners have claimed, raising questions over the government’s continued support for the CDM while snubbing REDD-based offsets.

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COP23: Kyoto rule could complicate CORSIA’s CDM sourcing -expert

Published 17:02 on November 13, 2017  /  Last updated at 21:13 on November 13, 2017  /  Aviation, Climate Talks, International, Kyoto Mechanisms  /  No Comments

UN aviation body ICAO is expected to allow the use of UN-issued CDM carbon credits under its CORSIA offset scheme, but those plans might face complications as approval under the UNFCCC or an amendment to the Kyoto Protocol might be necessary, an expert said Monday.

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