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After the money dries up, CDM project discontinuation risks vary drastically -study

Published 23:31 on May 22, 2017  /  Last updated at 12:53 on May 23, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, South Korea, Voluntary Market  /  No Comments

Some CDM project types face considerably higher risks than others of being discontinued due to the disappearance of carbon offset revenues, a new study shows, threatening to raise CO2 emissions by roughly a billion tonnes in the developing world if the facilities are dismantled.

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UN climate negotiators plough on as US withdrawal prospect overshadows details

Published 20:58 on May 18, 2017  /  Last updated at 00:16 on May 19, 2017  /  Africa, Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

The UN’s intersessional climate talks wrapped up on Thursday after making incremental progress on a Paris Agreement rulebook, with observers drawing hope from emerging details of efforts by major economies to counter the impact of a potential US withdrawal from the process.

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ALLCOT’s Voluntary Carbon Market Report – May 2017

Published 10:44 on May 18, 2017  /  Last updated at 16:54 on June 16, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Views, Voluntary Market  /  No Comments

In this month’s issue, ALLCOT looks at a reported rise in demand for CP1 CERs and what it means for VERs, plus they examine a new policy brief from The Gold Standard that suggests the development of NDCs risks marginalising carbon offsetting.

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NAMA pipeline keeps building as nations seek Paris use for them -report

Published 18:03 on May 16, 2017  /  Last updated at 20:10 on May 16, 2017  /  Climate Talks, International, New Market Mechanisms  /  No Comments

The number of NAMAs being planned continues to increase despite a chronic lack of funding as many developing nations want to use them to meet their pledges under the Paris Agreement.

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ICAO opens talks on offsets with World Bank REDD programme

Published 17:37 on May 16, 2017  /  Last updated at 17:37 on May 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

UN aviation body ICAO is in talks with the World Bank-led Forest Carbon Partnership Facility (FCPF) as part of the agency’s ongoing work into whether REDD credits could be allowed into its CORSIA global offset scheme.

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Netherlands backs domestic offsetting pilot programme, with bigger plans in sight

Published 13:11 on May 12, 2017  /  Last updated at 18:42 on May 12, 2017  /  EMEA, EU ETS, New Market Mechanisms, Voluntary Market  /  No Comments

The Dutch government has endorsed a domestic offsetting initiative that aims to develop carbon-cutting projects in non-ETS sectors while encouraging corporations, individuals and local governments to buy the voluntary credits generated.

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New South Korean president seen as good news for climate, carbon market

Published 16:36 on May 10, 2017  /  Last updated at 16:41 on May 10, 2017  /  Asia Pacific, China, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, South Korea  /  No Comments

The election of left-leaning liberal Moon Jae-in as South Korea’s new president is set to bring about a review of the nation’s coal expansion plans and could slow the process of loosening rules under its emissions trading scheme, according to experts.

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Brussels held an 8-week consultation on its controversial aviation ETS plan and only four Germans responded

Published 22:25 on May 8, 2017  /  Last updated at 22:25 on May 8, 2017  /  Aviation, Bavardage, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Four German citizens were the only respondents to an eight-week public consultation held by the European Commission over its divisive proposal to extend the limited coverage of the EU aviation ETS, and all four opposed the idea.

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Nations do their homework as UN resumes talks on carbon trading rules

Published 18:26 on May 5, 2017  /  Last updated at 14:45 on June 21, 2017  /  Americas, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

UN climate talks resume in Bonn next week amid tangible signs that many countries are sharpening their focus ahead of a 2018 deadline for agreeing rules on international emissions trade and all other aspects of the Paris Agreement.

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ANALYSIS: In a rare glimpse of global carbon trade, Korea’s companies go hunting for foreign offsets

Published 14:17 on May 3, 2017  /  Last updated at 14:17 on May 3, 2017  /  Asia Pacific, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, South Korea  /  No Comments

South Korean industry is making its first investments in foreign CDM projects to cut the costs of complying with the country’s emissions trading scheme, but a conservative approach expected from regulators means that demand is likely to be fairly limited.

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