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Norway and Suriname to explore carbon credits for preventing deforestation -report

Published 10:24 on July 19, 2019  /  Last updated at 10:29 on July 19, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Norway and Suriname are said to be exploring an arrangement where the South American country would earn carbon credits for keeping its tropical forest intact, according to a local news report.

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UK considers transport offsetting as developers eye domestic carbon market

Published 18:25 on July 18, 2019  /  Last updated at 18:25 on July 18, 2019  /  Aviation, EMEA, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The UK has launched a consultation looking into mandating all transport providers to offer passengers the chance to offset their journeys over land, air, and sea to help bring down the sector’s carbon emissions.

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Five more tropical forest countries selected to World Bank’s REDD Fund

Published 17:43 on July 15, 2019  /  Last updated at 17:43 on July 15, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The World Bank’s Forest Carbon Partnership Facility (FCPF) has selected emission reduction programmes from five developing countries to participate in the organisation’s Carbon Fund, bringing the nations a step closer to signing agreements seen as a possible base for forestry international emissions trade.

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UPDATE – Ghana notches REDD agreement with World Bank carbon fund

Published 17:14 on July 10, 2019  /  Last updated at 19:50 on July 10, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Ghana will take in up to $50 million for protecting its forests under the World Bank’s Forest Carbon Partnership Facility (FCFP), becoming the third African nation to sign the REDD deal seen as a base for possible international emissions trade.

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GHG removal trading platform considers expansion beyond Nordics

Published 11:05 on July 8, 2019  /  Last updated at 11:05 on July 8, 2019  /  EMEA, New Market Mechanisms, Voluntary Market  /  No Comments

The Puro GHG removal trading platform led by Finnish utility Fortum is considering expanding beyond its Nordic base after holding three pilot auctions for the voluntary carbon market.

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Road to COP25: Governments weigh the untapped potential of UN emissions trade

Published 19:39 on June 27, 2019  /  Last updated at 23:21 on June 27, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

International emissions trade under the Paris Agreement looks unlikely to realise its potential for cost-effective climate action as governments remain wary about its benefits, even as advocates say pilot initiatives offer credible examples.

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Conference Producer, Carbon Forward – London

Published 15:08 on June 27, 2019  /  Last updated at 00:55 on June 28, 2019  /  Americas, Asia Pacific, Aviation, Bavardage, China, Climate Talks, Conversations, EMEA, EU ETS, International, Job Postings, Kyoto Mechanisms, New Market Mechanisms, Newsletter, REDD, US, Voluntary Market  /  No Comments

Care about climate change? An exciting opportunity has emerged for a Conference Producer to manage the organisation of Europe’s flagship carbon market events.

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Switzerland selects first ITMO activities for emission trade deals

Published 18:48 on June 26, 2019  /  Last updated at 18:48 on June 26, 2019  /  Africa, Asia Pacific, EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

Switzerland’s carbon credit procurement agency has selected three GHG-reducing activities for its initial call for proposals, aiming to tie up its first emission trade deals under the Paris Agreement’s market-based Article 6.

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New UN Article 6 text emerges to raise hopes of emission trade deal this year

Published 17:53 on June 25, 2019  /  Last updated at 10:48 on June 26, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The UN produced a new draft text on rules covering international emissions trade on Tuesday, after governments broke a deadlock that some observers said raises the prospects for a deal later this year on the Paris Agreement’s divisive Article 6.

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California lawmakers urge adoption of Tropical Forest Standard

Published 23:09 on June 20, 2019  /  Last updated at 23:14 on June 20, 2019  /  Americas, Aviation, Canada, International, Mexico, New Market Mechanisms, South & Central, US, Voluntary Market  /  No Comments

Four California assemblymembers asked state regulator ARB this week to adopt the Tropical Forest Standard (TFS) for international sector-based offset programmes despite ongoing disagreement and environmental justice opposition to the proposal.

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