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Colombia’s Boyaca region to launch Latin America’s first emissions trading scheme

Published 14:32 on September 17, 2019  /  Last updated at 14:32 on September 17, 2019  /  Americas, Carbon Taxes, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The Colombian region of Boyaca will launch Latin America’s first emissions trading scheme next month.

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Switzerland aims to sign up 20 ITMO activities by next year

Published 19:25 on September 12, 2019  /  Last updated at 00:24 on September 13, 2019  /  Africa, Americas, Climate Talks, EMEA, International, New Market Mechanisms, South & Central, Switzerland  /  No Comments

Switzerland’s carbon credit procurement agency Klik aims to select 20 GHG-reducing activities by the middle of next year, with three confirmed Paris Agreement emission trade initiatives serving as insight into what the country is seeking.

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China, Russia blast “unfair” CORSIA, as EU’s resolve tested on aviation ETS

Published 23:02 on September 10, 2019  /  Last updated at 23:29 on September 10, 2019  /  Africa, Americas, Asia Pacific, Aviation, China, China's National ETS, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

China and Russia have blasted the ICAO’s CORSIA aviation offsetting mechanism as unfairly burdening emerging economies, setting up a testing triennial Assembly of the UN aviation body that also threatens the EU’s inclusion of flights in its carbon market.

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California Tropical Forest Standard sets high environmental bar, incentivises communities -experts

Published 23:39 on September 9, 2019  /  Last updated at 23:40 on September 9, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, Climate Talks, EMEA, International, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

International communities could struggle to meet the criteria set by California’s proposed Tropical Forest Standard (TFS), but the adoption of the policy may incentivise them to begin addressing deforestation, according to experts.

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Colombia carbon tax-linked offset cancellations slow on supply, administrative bottlenecks

Published 22:07 on September 9, 2019  /  Last updated at 13:31 on September 17, 2019  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The surrendering of Colombian offsets to comply with the country’s carbon tax has slowed this year due to an extreme supply squeeze and administrative delays.

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Companies left out of UN emissions trade as work drags on

Published 18:17 on September 9, 2019  /  Last updated at 18:17 on September 9, 2019  /  Africa, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The private sector has limited access to a slowly emerging international carbon market as governments are likely to take another two years to finalise its rules, experts said on Monday.

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CARBON FORWARD 2019 – Where next for EU carbon prices?

Published 15:48 on September 5, 2019  /  Last updated at 19:18 on September 5, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – Hear the views and pick the brains of five of the market’s top analysts at the 4th annual Carbon Forward conference and training day in London on Oct. 16-18.

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California Tropical Forest Standard leaves stakeholders divided despite revisions

Published 22:39 on September 3, 2019  /  Last updated at 22:51 on September 3, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, Climate Talks, EMEA, International, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

Alterations to California’s Tropical Forest Standard (TFS) this summer did little to change supporters’ and opponents’ views of the possible precursor to jurisdictional REDD offsetting in domestic and international carbon markets, according to public comments released late last week.

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Japan, World Bank target JCM offset scheme to pilot Paris Agreement carbon market

Published 14:45 on August 27, 2019  /  Last updated at 14:45 on August 27, 2019  /  Asia Pacific, International, Japan, New Market Mechanisms  /  No Comments

Japan and the World Bank have signed an MoU on the Joint Crediting Mechanism (JCM), aiming to use the offset programme to pilot the emerging international carbon market under the Paris Agreement.

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US presidential candidate Sanders sets out energy decarbonisation by 2030, $200 bln GCF contribution

Published 18:32 on August 22, 2019  /  Last updated at 18:39 on August 22, 2019  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF).

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