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CDM board weighs expanding struggling scheme to ride-sharing apps, other urban sectors

Published 02:30 on April 3, 2019  /  Last updated at 09:59 on April 3, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, Voluntary Market  /  No Comments

The CDM’s executive board held its first meeting of 2019 last week, where it weighed a number issues including whether online ride-hailing applications should receive carbon offsets and how to expand the struggling scheme’s use into urban sectors.

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ICAP Status Report 2019: Emissions Trading Worldwide

Published 21:51 on March 19, 2019  /  Last updated at 21:51 on March 19, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, China's Pilot Markets, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Views  /  No Comments

Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.

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California issues nearly 425k offsets as forestry projects net majority

Published 22:39 on February 13, 2019  /  Last updated at 01:47 on February 14, 2019  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB issued nearly 425,000 California Carbon Offsets (CCOs) this week, with a majority of the credits going to two existing forestry offset projects.

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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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Mexico intends to start pilot ETS in 2020

Published 22:21 on January 18, 2019  /  Last updated at 22:26 on January 18, 2019  /  Americas, Mexico, US  /  No Comments

Mexico intends to open public consultation on its pilot cap-and-trade programme in the coming months as it works towards a 2020 start date, an environment ministry official told Carbon Pulse.

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Mexico’s carbon market to have little effect on GDP, say economists

Published 16:49 on January 11, 2019  /  Last updated at 23:59 on January 11, 2019  /  Americas, Canada, Mexico, US  /  No Comments

The scheduled implementation of Mexico’s ETS from 2022 onward will have minimal impact on the country’s economy, but some potential burdens on heavy industry could be alleviated through certain measures in the early years of the programme, new analysis has found.

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UPDATE – COP24: Chile to host next UN climate summit in Jan. 2020 after Brazil withdrawal

Published 19:43 on December 14, 2018  /  Last updated at 15:13 on December 16, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

Chile has been named as the location of the next UN climate summit after Brazil withdrew its offer to host.

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COP24: Mexico ETS launch facing further delays after consultation held -sources

Published 15:15 on December 12, 2018  /  Last updated at 15:21 on December 12, 2018  /  Americas, Climate Talks, International, Mexico  /  No Comments

The launch of Mexico’s pilot carbon market will be postponed for at least a few months after a consultation on the programme was withdrawn, a move that could delay the start of the actual market by upwards of a year, sources told Carbon Pulse.

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California punts endorsement of Tropical Forest Standard to 2019

Published 01:30 on November 17, 2018  /  Last updated at 20:05 on November 19, 2018  /  Americas, Aviation, Canada, International, Mexico, REDD, South & Central, US, Voluntary Market  /  No Comments

California regulator ARB on Friday postponed a decision until next spring on whether to approve the Tropical Forest Standard (TFS) that could allow jurisdictions to link their sector-based offset programmes to the state’s carbon market, with stakeholders warning of the standard’s environmental and social ramifications.

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Mexico sees benefits of carbon programme, though companies spot issues

Published 20:52 on November 12, 2018  /  Last updated at 22:28 on November 12, 2018  /  Americas, Canada, Carbon Taxes, Mexico, South & Central, US  /  No Comments

Mexico has released additional analysis for its draft three-year pilot cap-and-trade programme showing the benefits far outweigh costs, though state-owned oil firm Pemex voiced opposition.

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