COP25: Voluntary carbon market doubles to near-record volume in 2018, though prices flat -report
Voluntary carbon trade worldwide doubled in 2018 to approach record levels at near 100 MtCO2e, as forest projects took a lead amid heightened demand but offset prices remained flat, researchers found in a report published on Thursday.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: Should forest offsets be eligible for CORSIA?
When operating details of the Kyoto Protocol’s CDM were negotiated from 2001-03, many voiced concerns about forest carbon credits and their high risk of reversals, potential to displace emissions, and the difficulties in accurately quantifying emission reductions. Nearly two decades on, it is worthwhile to reconsider the question of whether or not forest mitigation could be ready for carbon markets. The question is back on the table as ICAO sets up a scheme for reducing emissions from international air travel.
Read MorePREVIEW COP25: UN carbon market talks to take centre stage in Madrid
Officials from nearly 200 governments arrive at COP25 in Madrid next week to hammer out the rules for international emissions trade under the Paris Agreement, with several testing issues remaining from last year when disagreements nearly threw off a wider deal on the 2015 pact.
Read MoreNone of 14 offset standard contenders meet CORSIA aviation scheme criteria -report
None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.
Read MoreECOSYSTEM MARKETPLACE: Shades of REDD+ Nesting – A good or bad piece of Swiss cheese?
There was a time when people thought that forests were the low-hanging fruit of the climate challenge, and that reducing emissions from deforestation was fast, easy, and cheap. No one thinks that anymore.
Read MoreWorld on track to put record 3% dent in coal consumption -report
Global electricity production from coal is on track for a record drop of 3% year-on-year in 2019 amid lower electricity demand and a rapid increase in renewables and nuclear power, a report said Monday, with even numbers in China falling.
Read MoreANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus
Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.
Read MoreGCF approves funding for host of forest carbon projects
The Green Climate Fund board on Wednesday approved $308 million in funding for new projects, of which over 40% will go to forest carbon projects, although the World Bank’s International Finance Corporation withdrew an application for a controversial REDD bond scheme.
Read MoreEXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets
EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.
Read MoreFEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles
The UN’s CORSIA aviation offsetting scheme is just over a year away from entering into force, but a myriad of supply- and reputation-related concerns is clouding the horizon for airlines and investors, not least the fact that it remains unclear exactly which credits will be eligible.
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