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Swiss agency pushes on with offset sourcing despite headwinds from home and abroad

Published 18:48 on January 8, 2019  /  Last updated at 23:41 on January 8, 2019  /  Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland  /  No Comments

A Swiss agency tasked with acquiring Paris-era carbon credits for the country is advancing its sourcing efforts despite uncertainties both on the domestic front and on global rules covering emission trade after 2020.

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Supply of Colombian tax-eligible carbon credits quickly being exhausted

Published 01:06 on December 22, 2018  /  Last updated at 02:06 on December 22, 2018  /  Americas, Carbon Taxes, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

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COP24: Failed Article 6 text offers glimpse of Paris-era emission trade  

Published 23:25 on December 21, 2018  /  Last updated at 11:46 on December 31, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  2 Comments

Governments will in early 2020 revisit negotiations for rules covering international emissions trade, recycling much of last week’s failed Paris Agreement Article 6 text that gave wide scope for cross-border dealing.

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EU, New Zealand agree to increase cooperation on emissions trading

Published 21:47 on December 17, 2018  /  Last updated at 21:54 on December 17, 2018  /  Americas, Asia Pacific, Australia, Aviation, Canada, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, US  /  No Comments

The EU and New Zealand have agreed to strengthen their bilateral cooperation on emissions trading, their respective climate bosses announced on Monday.

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BRIEFING – COP24: International emissions trading pilots for the Paris era

Published 15:13 on December 17, 2018  /  Last updated at 19:27 on January 3, 2019  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

A handful of governments and institutions are working to advance international emissions trading activities even as the rules remain unclear as to how those initiatives can be used to help meet the Paris Agreement.

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COP24: Divisive Article 6 talks pushed to next COP as nations agree Paris rulebook

Published 04:31 on December 16, 2018  /  Last updated at 00:18 on December 17, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms  /  No Comments

Negotiators in Katowice reached agreement on a Paris rulebook late Saturday night, but Article 6 left a gaping hole as a decision on carbon markets was left for the next major round of negotiations in Chile.

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COP24: Article 6 talks face postponement to avoid collapse of Paris rulebook -sources

Published 09:24 on December 15, 2018  /  Last updated at 00:18 on December 17, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Governments look set to resume talks next year on a framework for international emissions trade under the Paris Agreement’s Article 6, as negotiators seek to postpone the issue rather than risk collapsing the entire Paris rulebook, numerous sources close to the process told Carbon Pulse on Saturday.

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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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UPDATE – COP24: Negotiators risk Paris Agreement integrity in effort to clinch Article 6 market deal

Published 14:58 on December 14, 2018  /  Last updated at 22:27 on December 14, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

A new global carbon market mechanism under the Paris Agreement’s Article 6 risks undermining the landmark climate treaty if negotiators fail to remove a provision in the draft text, observers said Friday.

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COP24: Draft Article 6 text offers “bedrock” for international GHG trade, but investors uneasy

Published 23:43 on December 13, 2018  /  Last updated at 00:45 on December 14, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

The basis for an international emissions trading system under the Paris Agreement’s Article 6 became clearer on late Thursday, though some worried that the requirements could prove onerous for investors.

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