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EU Parliament votes to put CORSIA aviation offset scheme under closer watch

Published 12:04 on September 13, 2017  /  Last updated at 12:04 on September 13, 2017  /  Americas, Asia Pacific, Aviation, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland, US  /  No Comments

The European Parliament on Wednesday voted to extend the suspension of extra-European flights from the EU ETS, but called for a review of the UN’s CORSIA scheme that could see those routes become regulated under the bloc’s carbon market again in the future.

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Investors, climate need tight post-2020 CER restrictions -report

Published 10:45 on September 12, 2017  /  Last updated at 12:58 on September 12, 2017  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

The types of CERs eligible for use under the Paris Agreement or other emerging programmes such as CORSIA must be restricted to ensure the integrity of new markets and the confidence of investors, researchers have warned.

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Interest in funding SDGs is broadening beyond climate -survey

Published 22:42 on September 5, 2017  /  Last updated at 22:42 on September 5, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, Voluntary Market  /  No Comments

Interest in funding projects across the 17 Sustainable Development Goals (SDGs) is growing across public and private sectors, with most potential investors willing to crowd together to maximise impact, a survey found on Tuesday.

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France, Germany target prompt conclusion for EU ETS reform talks, other carbon pricing efforts

Published 23:22 on September 4, 2017  /  Last updated at 00:14 on September 5, 2017  /  Climate Talks, EMEA, EU ETS, International, New Market Mechanisms  /  No Comments

France and Germany are targeting a final agreement on post-2020 EU ETS reforms ahead of the Nov. 6-17 UN climate talks and have vowed to consider enhanced carbon pricing in the energy sector.

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South Korean plan to expand int’l offset eligibility in 2021 on track, but could feature limits

Published 16:02 on September 1, 2017  /  Last updated at 12:32 on September 11, 2017  /  Asia Pacific, China, International, Kyoto Mechanisms, New Market Mechanisms, South Korea  /  No Comments

South Korea remains on track to broadly expanding the eligibility of international offsets in its emissions trading scheme from 2021, but the country could opt to bring in EU-style restrictions for some project types or countries, a senior government official told Carbon Pulse.

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India plans voluntary carbon market -minister

Published 17:06 on August 31, 2017  /  Last updated at 19:13 on August 31, 2017  /  Asia Pacific, New Market Mechanisms, Other APAC, Voluntary Market  /  No Comments

India is planning to set up a voluntary carbon market with the aid of the World Bank, the country’s climate change minister said Thursday.

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FEATURE – Off his radar: Low-key approach seen crucial to CORSIA evading Trump’s climate axe

Published 19:44 on July 28, 2017  /  Last updated at 12:18 on July 30, 2017  /  Americas, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

President Trump’s decision to withdraw the US from the Paris Agreement and his wider rollback of national climate policies has raised concerns over whether the country will fulfil its pledge to initially partake in the UN’s global aviation offset scheme, leading many to hope the issue stays off his radar.

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With Hollywood backing, US NGO offers up 2 million Kenyan REDD credits

Published 22:24 on July 27, 2017  /  Last updated at 14:06 on July 28, 2017  /  Africa, Americas, Aviation, EMEA, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

Kenya’s locally-managed Chyulu Hills forest protection project is to offer 2 million REDD credits to individual and corporate voluntary buyers in a marketing drive from US NGO Conservation International.

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Wake up and smell the carbon: Dominican Republic launches coffee NAMA

Published 17:41 on July 27, 2017  /  Last updated at 17:41 on July 27, 2017  /  Americas, International, New Market Mechanisms, South & Central  /  No Comments

The Dominican Republic is launching an initiative to cut greenhouse gas emissions from the island nation’s coffee industry.

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New Zealand to auction CO2 allowances from 2020, seek limited links to international markets

Published 22:52 on July 25, 2017  /  Last updated at 03:18 on July 26, 2017  /  Asia Pacific, China, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, South Korea  /  No Comments

New Zealand will introduce carbon allowance auctions and begin phasing out free allocation after 2020, while seeking limited linkages to other emission markets, in a bid to ramp up the efficiency of its ETS, the government announced Wednesday as part of its long-running review of the programme.

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