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CDM board delves deeper into voluntary market to save its struggling scheme

Published 19:24 on February 27, 2017  /  Last updated at 19:24 on February 27, 2017  /  Africa, Asia Pacific, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The CDM’s executive board has decided to reach out to companies involved in voluntary offsetting and wider corporate responsibility efforts in an attempt to shore up more appetite for CERs, which continue to languish below €0.30 amid scarce demand.

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ClimateCare partners with Gold Standard as voluntary market broadens across development goals

Published 12:39 on February 27, 2017  /  Last updated at 14:01 on February 27, 2017  /  Africa, Americas, Asia Pacific, EMEA, International, Other APAC, South & Central, Voluntary Market  /  No Comments

Non-profit certifier Gold Standard has partnered with UK-based project developer ClimateCare to help it promote to companies a new standard for projects that will apply across all types of climate and development goals.

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First Asia, then the world: Consortium touts climate benefits from global power grid expansion

Published 10:53 on February 22, 2017  /  Last updated at 16:03 on February 22, 2017  /  Asia Pacific, China, China's Offset Market, Japan, Other APAC, South Korea  /  No Comments

An industry-funded research consortium on Wednesday backed the establishment of a new interconnected grid across north and east Asia, and eventually the world, that it said could bring CO2 emissions down to half of 1990 levels by 2050.

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ALLCOT’s voluntary market report – February 2017

Published 21:23 on February 21, 2017  /  Last updated at 21:23 on February 21, 2017  /  Africa, Americas, Asia Pacific, Conversations, EMEA, International, Other APAC, South & Central, Switzerland, Views, Voluntary Market  /  No Comments

Voluntary markets have been steady over the past month with many buyers preparing their purchase strategy for the year rather than engaging actively in the market. Project developer and carbon trader ALLCOT provides a snapshot of the market.

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Singapore to implement carbon tax in 2019

Published 09:02 on February 20, 2017  /  Last updated at 16:17 on February 21, 2017  /  Asia Pacific, Carbon Taxes, Other APAC  /  No Comments

Singapore will implement a tax of S$10-20 ($7-14) per tonne of CO2 from 2019, with revenue used to fund further emission cuts, Finance Minister Heng Swee Keat said Monday.

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Singapore to introduce carbon pricing to tackle rising emissions

Published 12:04 on February 17, 2017  /  Last updated at 16:46 on February 17, 2017  /  Asia Pacific, Other APAC  /  No Comments

Singapore will introduce a carbon price in order to reduce the emissions intensity of its economy but has yet to decide whether to opt for a tax or emissions trading scheme.

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India cuts taxes on carbon credits

Published 08:52 on February 2, 2017  /  Last updated at 01:00 on February 3, 2017  /  Asia Pacific, Kyoto Mechanisms, Other APAC, Voluntary Market  /  No Comments

India’s annual budget released this week cut taxes on revenue from carbon credit sales by two thirds but did not increase spending on efforts to help the South Asian nation meet its Paris Agreement commitments.

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Private firm to run REDD project covering a quarter of Malaysia’s Kelantan state

Published 15:23 on February 1, 2017  /  Last updated at 15:23 on February 1, 2017  /  Asia Pacific, Other APAC, Voluntary Market  /  No Comments

A Kuala Lumpur-based sustainable energy firm has signed an agreement with the Kelantan state government to administer a REDD project spanning nearly 400,000 hectares, and will primarily market the resulting carbon credits to European buyers.

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Cambodia strikes deal with US group to develop 500,000ha REDD project

Published 10:48 on January 25, 2017  /  Last updated at 14:50 on January 25, 2017  /  Americas, Asia Pacific, Other APAC, US, Voluntary Market  /  No Comments

The Cambodian government and US-based NGO Wildlife Alliance have struck a deal to develop 500,000 hectares of rainforest to generate carbon credits under the UN’s Reduced Emissions from Deforestation and Degradation (REDD) mechanism.

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Philippines signs up to Japan carbon offset scheme

Published 10:33 on January 12, 2017  /  Last updated at 18:57 on January 12, 2017  /  Asia Pacific, Other APAC  /  No Comments

The Philippines on Thursday became the 17th nation to team up with Japan under its Joint Crediting Mechanism (JCM).

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