Fiji, Poland tapped as next COP hosts
Fiji will chair next year’s UN climate summit in the German city of Bonn while Poland has proposed to once again host the talks in 2018, sources told Carbon Pulse.
Read MoreGlobal CO2 emissions flat in 2015, but at record high levels -report
Slight drops in Chinese and US CO2 emissions in 2015 were enough to keep global output roughly flat for the third consecutive year, a report said Monday, but CO2 discharges remain at record high levels a staggering 60% above 1990 levels.
Read MoreWorld Bank sets date for third PAF auction
The World Bank will hold the third auction under its Pilot Auction Facility (PAF) on Jan. 10, 2017, it announced Wednesday.
Read MoreGlobal decarb rate edges up in 2015, still well short of 2C requirements -consultants
Carbon intensity among the Group of 20 major economies slightly increased its rate of decline in 2015, a sign that the world is sustaining its trend of decoupling GDP from emissions but at a rate too slow to prevent dangerous warming, an analysis by consultancy PwC found.
Read MoreCountries finally clinch deal over global HFC phase-down
More than 190 governments early on Saturday reached a historic agreement to cut hydrofluorocarbons (HFCs), a potent greenhouse gas that has been at the centre of often divisive international negotiations for nearly a decade.
Read MoreCARBON FORWARD: ICAO offset demand seen huge, but credit quality counts
Following last week’s ICAO agreement over its new global offsetting scheme for airlines, attention by many has now shifted to the finer details such how corporate strategies will have to change and what eligibility criteria will be applied to carbon credits.
Read MoreGreen Climate Fund approves 10 more projects amid controversy
The board of the Green Climate Fund on Friday approved all 10 climate adaptation projects up for discussion at its latest meeting, but only after an India-Pakistan spat had threatened to derail proceedings and a Korean bank’s withdrawal sparked anger among board members.
Read MoreBetter late than never: North Korea releases its Paris climate plan
North Korea’s climate plans under the Paris Agreement were published by the UN on Friday, with the reclusive nation unconditionally pledging to cut its GHG emissions by at least 8% below business-as-usual (BAU) levels by 2030.
Read MoreChina’s Fujian province eyes carbon trading links with Taiwan
The government of China’s Fujian province has pledged to explore options for cooperation on emissions trading and carbon finance with Taiwan.
Read MoreHong Kong weighs emissions trading
Hong Kong is considering setting up an emissions trading scheme to help meet its climate goals and has commissioned the HK Productivity Commission to study the feasibility of a local carbon market.
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