India pegs Mar. 2019 as potential start date for pilot carbon market mechanism
India is aiming to launch a pilot carbon market mechanism for micro, small, and medium enterprises (MSMEs) and the waste sector by March of next year, according to official documents.
Read MoreCOMMENT: Paris goals can only be achieved in time with robust bottom-up action
Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.
Read MoreJapan issues biggest batch of carbon credits yet under JCM, though volumes remain modest
Three Mongolian carbon offset projects have been issued credits under Japan’s Joint Crediting Mechanism (JCM), nearly doubling the amount of credits generated so far, although the Japanese government retained the majority of them.
Read MoreIndonesia economy ministry eyes 2021 start for carbon pricing mechanism
Indonesia, one of the world’s biggest GHG emitters, could have an emissions trading system or similar market mechanism ready for launch as early as 2021, a government official has said.
Read MoreUN opens tender to buy 141k Gold Standard CERs
The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.
Read MoreTense GCF board approves over $1 billion in new climate funding
The Green Climate Fund (GCF) board has approved more than $1 billion in new project funding, including funds for a trimmed down version of a controversial Bahraini project, at an often combative four-day meeting that highlighted the ongoing deep divide between developed and developing countries.
Read MoreIndonesia to weigh carbon market options for power, industry
Indonesia will next month weigh four carbon pricing options to help meet its Paris obligations, including a full-fledged emissions trading scheme for its power and industry sectors.
Read MoreVietnam signals revision to Paris pledge to pave way for huge emissions growth
Vietnam has become among the first countries to signal it will adjust its Paris pledge at December’s climate talks, a change that would enable the rapidly-developing country to emit tens of millions of tonnes in additional GHGs by 2030 compared to its previously commitment.
Read MoreAs CORSIA doubts persist, developers push ‘future-proof’ carbon projects to airlines
Developers are focusing on investing in and promoting carbon-cutting projects they think most likely to be eligible under the CORSIA aviation offset scheme, in an effort to encourage airlines to buy the units ahead of rules being finalised.
Read MoreCarbon veteran leaves Sindicatum following offset portfolio sales
A veteran carbon expert has left project developer Sindicatum to pursue other opportunities, Carbon Pulse has learned, several months after the Singapore-based firm sold its US and Asian offset portfolios.
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