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ICAO to limit CORSIA meeting attendance to aviation programme’s technical body

Published 16:17 on May 24, 2019  /  Last updated at 16:39 on May 24, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO will restrict attendance at technical meetings for the CORSIA offsetting programme to members of the scheme’s 19-person advisory board, snubbing a central demand of environmental groups that have called for greater outside participation and transparency in developing the international carbon market.

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World-first CO2 removal auction fetches average price higher than EU ETS

Published 11:41 on May 24, 2019  /  Last updated at 09:45 on May 28, 2019  /  EMEA, International, New Market Mechanisms, Voluntary Market  /  No Comments

GHG removal credits were sold for an average €26.92 on Friday on a platform led by Finnish utility Fortum, the first of three pioneering auctions designed to test the trade in the voluntary carbon market.

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Green groups hoping for more CORSIA clarity at UN aviation body ICAO’s next session

Published 23:51 on May 21, 2019  /  Last updated at 23:51 on May 21, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Environmental organisations are calling on the technical advisor for the CORSIA global aviation offsetting mechanism to disclose more details in the coming weeks about its operating procedure and announce a call for programme applications.

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Canadian Conservative climate plan to lean more on int’l offsetting, leader suggests

Published 00:52 on May 16, 2019  /  Last updated at 01:09 on May 16, 2019  /  Americas, Canada, Carbon Taxes, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Canadian federal Conservative leader Andrew Scheer has suggested his party’s long-awaited climate plan will aim to hit the country’s Paris Agreement targets by relying more on the purchase of international offsets compared to domestic abatement spurred by carbon pricing.

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ECOSYSTEM MARKETPLACE: How carbon markets can boost biodiversity and slow climate change

Published 15:35 on May 10, 2019  /  Last updated at 15:35 on May 10, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Views, Voluntary Market  /  No Comments

We must take advantage of natural climate solutions if we are to avoid the worst effects of climate change. Yet setbacks – such as an incomplete Paris Rulebook – have raised concerns amongst stakeholders, worried that without UN guidance on carbon markets, they cannot confidently scale up the required policies and programs. The Nature Conservancy has released a new guide that highlights why many are already taking action to make use of markets in funding NCS, and how businesses can thoughtfully take similar steps today amidst a developing regulatory landscape.

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SAVE THE DATE: Carbon Forward 2019 – Survive and thrive in the global carbon markets

Published 10:31 on May 8, 2019  /  Last updated at 10:37 on May 8, 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, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

Learn how to survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.

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IMF suggests global carbon price floors to bolster Paris pact

Published 21:28 on May 6, 2019  /  Last updated at 22:18 on May 6, 2019  /  Carbon Taxes, Climate Talks, International, New Market Mechanisms  /  No Comments

Big-emitting countries could voluntarily agree to set a carbon price floor to guarantee minimum emission cuts while securing global competitiveness for industry, senior IMF officials have suggested.

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EU lawmakers urge California to reject REDD, fearing wider use by airlines under CORSIA

Published 20:59 on April 24, 2019  /  Last updated at 08:53 on April 25, 2019  /  Americas, Aviation, Canada, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, US, Voluntary Market  /  No Comments

California should reject the use of REDD tropical forest protection credits under its carbon market because it won’t ensure emission cuts and could pave the way for much greater use by airlines under the UN’s CORSIA offsetting mechanism, a cross-party group of EU lawmakers warned on Wednesday.

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Nordic firms unite to develop voluntary market for CO2 removals

Published 23:16 on April 17, 2019  /  Last updated at 00:16 on April 18, 2019  /  EMEA, International, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Twenty-three mostly Nordic firms led by Finnish utility Fortum are developing a platform to create and sell GHG removal units on the voluntary carbon market, in an effort to stimulate CO2 removal applications derived from soil and from concrete and wood used in buildings.

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Nations seek to shift gears on UN Article 6 carbon market talks

Published 20:01 on April 16, 2019  /  Last updated at 11:22 on June 17, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Governments are looking to change their approach on agreeing to a global rulebook for carbon markets in an effort to avoid a repeat failure that almost crashed the UN climate talks last year.

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