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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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COP23: German government launches tender to buy 82k CERs to offset summit

Published 21:10 on November 10, 2017  /  Last updated at 21:17 on November 10, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 82,000 “high-quality” CERs, preferably from projects in small island developing states (SIDS), to offset emissions stemming from the UN climate summit it is co-hosting in Bonn.

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CORRECTED – COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

Published 14:30 on November 10, 2017  /  Last updated at 09:49 on November 15, 2017  /  Africa, Americas, Asia Pacific, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).

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Taiwan rolls out draft five-yearly carbon targets ahead of ETS launch

Published 09:10 on November 9, 2017  /  Last updated at 12:35 on November 9, 2017  /  Asia Pacific, Other APAC  /  No Comments

Taiwan’s Environmental Protection Administration (EPA) this week proposed draft five-yearly carbon targets starting with the 2016-2020 period, adding that it would finalise a policy portfolio – that will include its proposed carbon market – to meet the goals but stopping short of announcing an ETS start date.

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COP23: International emissions trade talks lag as nations inch towards first Paris-era deals

Published 17:58 on November 8, 2017  /  Last updated at 01:59 on November 9, 2017  /  Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement are lagging other strands of the UN climate talks in Bonn, with the slow pace prompting some countries to line up deals ahead of finalised rules.

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EBRD-sponsored wind farm registers to sell carbon offsets in Kazakhstan ETS

Published 16:10 on November 8, 2017  /  Last updated at 16:36 on November 8, 2017  /  Asia Pacific, Other APAC  /  No Comments

A wind farm backed by the European Bank for Reconstruction and Development (EBRD) will be able to supply up to 100,000 carbon credits a year to the Kazakhstan carbon market after the government registered the project in its domestic offset programme.

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ECOSYSTEM MARKETPLACE: Forests can absorb 1 trillion tonnes of carbon by 2100

Published 16:35 on November 3, 2017  /  Last updated at 16:47 on November 3, 2017  /  Africa, Americas, China, Climate Talks, Conversations, EMEA, International, Other APAC, REDD, South & Central, South Korea, Views, Voluntary Market  /  No Comments

Forests can play a larger and more important role in reducing climate change emissions than previously thought, according to a suite of research released today.

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Global decarb rate steady in 2016 and well short of 2C requirements -PwC

Published 19:03 on November 2, 2017  /  Last updated at 23:24 on November 2, 2017  /  Americas, Asia Pacific, China, Climate Talks, EMEA, International, Mexico, Other APAC, South & Central, US  /  No Comments

Carbon intensity among the Group of 20 major economies maintained its general rate of decline in 2016 but is not decoupling GDP from emissions fast enough to meet Paris Agreement goals, an analysis by consultancy PwC found.

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Analysts predict relaunched Kazakhstan ETS will continue to struggle with oversupply

Published 09:30 on November 1, 2017  /  Last updated at 18:36 on November 1, 2017  /  Asia Pacific, Other APAC  /  No Comments

Kazakhstan has made a number of changes to its emissions trading scheme, which is due to start up again on Jan. 1, but the programme is still likely to suffer from oversupply and low liquidity, according to analysts at Thomson Reuters.

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