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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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CDM board alters fee system to address growing number of unclaimed CERs

Published 16:44 on July 14, 2017  /  Last updated at 16:44 on July 14, 2017  /  Africa, Americas, Asia Pacific, Aviation, Carbon Taxes, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, South Korea, Voluntary Market  /  No Comments

The CDM’s Executive Board this week took steps to curb the increasing number of CERs that are sitting in UNFCCC ‘pending accounts’ awaiting payment of required issuance fees by their owners.

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Certifier Gold Standard goes deeper into development, teams up with UNFCCC

Published 20:16 on July 10, 2017  /  Last updated at 20:16 on July 10, 2017  /  Climate Talks, International, New Market Mechanisms, Voluntary Market  /  No Comments

Non-profit offset certifier Gold Standard on Monday launched a new standard for projects that applies across all types of climate and development action, aiming to attract interest from companies seeking to align with the UN’s Paris Agreement and Sustainable Development Goals (SDGs).

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G20 isolates Trump on climate, shies away from carbon pricing pledges

Published 19:41 on July 8, 2017  /  Last updated at 09:26 on July 10, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, US  /  No Comments

Nineteen of the G20 major economies on Saturday endorsed a climate action plan while declaring the 2015 Paris Agreement irreversible, isolating the US and rebuffing President Trump’s efforts to renegotiate the pact.

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Malaysia’s Kelantan govt distances itself from unauthorised forestry carbon project offset sales

Published 11:56 on July 5, 2017  /  Last updated at 15:01 on July 6, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Malaysia’s Kelantan state on Wednesday said it has not asked any private companies to start selling carbon credits associated with a 400,000-hectare forestry project and urged any buyers to go to the police, raising more questions regarding the government’s controversial partnership with the scheme’s developer.

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Dutch corporates extend REDD buying, see wider interest

Published 19:11 on July 4, 2017  /  Last updated at 13:01 on July 5, 2017  /  Africa, Americas, EMEA, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Four Dutch companies including utilities Eneco and Essent have extended their long-standing REDD investments, and are teaming up with a Dutch business group to promote similar moves among smaller firms keen to extol their climate and sustainability credentials.

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Malaysian REDD project in doubt after central bank places operator on warning list

Published 13:56 on July 4, 2017  /  Last updated at 11:27 on July 12, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

The Malaysian central bank has put a private company operating a massive forestry project for Kelantan state on its Financial Consumer Alert list, casting doubt over the project’s credibility and ability to generate UN-issued offsets.

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