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UN climate negotiators plough on as US withdrawal prospect overshadows details

Published 20:58 on May 18, 2017  /  Last updated at 00:16 on May 19, 2017  /  Africa, Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

The UN’s intersessional climate talks wrapped up on Thursday after making incremental progress on a Paris Agreement rulebook, with observers drawing hope from emerging details of efforts by major economies to counter the impact of a potential US withdrawal from the process.

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ALLCOT’s Voluntary Carbon Market Report – May 2017

Published 10:44 on May 18, 2017  /  Last updated at 16:54 on June 16, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Views, Voluntary Market  /  No Comments

In this month’s issue, ALLCOT looks at a reported rise in demand for CP1 CERs and what it means for VERs, plus they examine a new policy brief from The Gold Standard that suggests the development of NDCs risks marginalising carbon offsetting.

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ICAO opens talks on offsets with World Bank REDD programme

Published 17:37 on May 16, 2017  /  Last updated at 17:37 on May 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

UN aviation body ICAO is in talks with the World Bank-led Forest Carbon Partnership Facility (FCPF) as part of the agency’s ongoing work into whether REDD credits could be allowed into its CORSIA global offset scheme.

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CDM EB to attempt to market scheme to development banks

Published 23:02 on May 11, 2017  /  Last updated at 23:03 on May 11, 2017  /  International, Kyoto Mechanisms  /  No Comments

The CDM’s Executive Board last week named the first members of the newly-created Meth Panel, reprimanded two project auditors, and agreed to advance work to enhance collaboration between the scheme’s regional collaboration centres (RCCs) and national development banks.

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New South Korean president seen as good news for climate, carbon market

Published 16:36 on May 10, 2017  /  Last updated at 16:41 on May 10, 2017  /  Asia Pacific, China, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, South Korea  /  No Comments

The election of left-leaning liberal Moon Jae-in as South Korea’s new president is set to bring about a review of the nation’s coal expansion plans and could slow the process of loosening rules under its emissions trading scheme, according to experts.

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Brussels held an 8-week consultation on its controversial aviation ETS plan and only four Germans responded

Published 22:25 on May 8, 2017  /  Last updated at 22:25 on May 8, 2017  /  Aviation, Bavardage, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Four German citizens were the only respondents to an eight-week public consultation held by the European Commission over its divisive proposal to extend the limited coverage of the EU aviation ETS, and all four opposed the idea.

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Nations do their homework as UN resumes talks on carbon trading rules

Published 18:26 on May 5, 2017  /  Last updated at 14:45 on June 21, 2017  /  Americas, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

UN climate talks resume in Bonn next week amid tangible signs that many countries are sharpening their focus ahead of a 2018 deadline for agreeing rules on international emissions trade and all other aspects of the Paris Agreement.

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ANALYSIS: In a rare glimpse of global carbon trade, Korea’s companies go hunting for foreign offsets

Published 14:17 on May 3, 2017  /  Last updated at 14:17 on May 3, 2017  /  Asia Pacific, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, South Korea  /  No Comments

South Korean industry is making its first investments in foreign CDM projects to cut the costs of complying with the country’s emissions trading scheme, but a conservative approach expected from regulators means that demand is likely to be fairly limited.

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Founder of voluntary market platform CTX retaking the reins in London after CEO’s departure

Published 04:24 on April 28, 2017  /  Last updated at 04:24 on April 28, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, EMEA, International, Kyoto Mechanisms, US, Voluntary Market  /  No Comments

The founder of voluntary market hub Carbon Trade eXchange (CTX) is returning to London from Australia to retake the helm of the platform’s parent company after it parted ways with its CEO.

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China suggests US could buy offsets to meet emission goals as Paris concerns grow

Published 17:22 on April 26, 2017  /  Last updated at 21:46 on May 5, 2017  /  Americas, Asia Pacific, Canada, China, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China has suggested the US could buy foreign carbon credits to help meet a shortfall in the country’s international emission goals, one of the clearest signs yet that patience is wearing thin among the global community about the Trump administration’s lack of commitment to climate action.

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