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Heineken unveils new emissions reduction goals, internal carbon price

Published 21:31 on February 12, 2018  /  Last updated at 21:38 on February 12, 2018  /  Americas, Asia Pacific, Australia, Carbon Taxes, EMEA, International, Other APAC, REDD, Voluntary Market  /  No Comments

Dutch brewing giant Heineken on Monday announced a new emissions reduction strategy that seeks to incorporate more renewable energy sources into its operations while also introducing a pilot internal carbon price.

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World Bank’s PMR grants $3m to Sri Lanka for carbon pricing preparations

Published 09:49 on February 7, 2018  /  Last updated at 10:10 on February 9, 2018  /  Asia Pacific, Other APAC  /  No Comments

The World Bank-led Partnership for Market Readiness (PMR) has agreed to spend $3 million helping Sri Lanka develop infrastructure that in time would allow it to participate in the international carbon market under the Paris Agreement and possibly set up a domestic emissions pricing mechanism.

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Kazakhstan takes ETS data online with new carbon platform

Published 10:20 on February 6, 2018  /  Last updated at 10:20 on February 6, 2018  /  Asia Pacific, Other APAC  /  No Comments

Kazakhstan has launched an online platform for monitoring, reporting and verification of GHG emissions regulated by its national emissions trading scheme, a major step forward from its previous system which was based on hard copies.

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Davos Digest: Macron gets minimal, but it’s Merkel that’s facing heat

Published 17:59 on January 25, 2018  /  Last updated at 17:59 on January 25, 2018  /  Americas, Asia Pacific, Canada, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Other APAC, Switzerland, US, Voluntary Market  /  No Comments

French President Emmanuel Macron this week announced at the World Economic Forum in Switzerland that he will accelerate his country’s coal phaseout a year earlier than previously planned, while reiterating his call for an EU-wide minimum carbon price.

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Singapore emitters urge last-minute change to carbon tax plan

Published 09:45 on January 24, 2018  /  Last updated at 13:20 on January 24, 2018  /  Asia Pacific, Other APAC  /  No Comments

Major emitters in Singapore are lobbying the government to introduce a benchmark-based carbon tax rather than a flat one, a move that would lower costs for many of the companies covered.

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Gold Standard adds voluntary project tool to measure gender equality progress

Published 15:07 on January 15, 2018  /  Last updated at 16:32 on January 15, 2018  /  Africa, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Non-profit certifier Gold Standard has begun to offer investors a way to measure gender equality progress in climate protection projects in the developing world, a part of its effort to broaden interest in funding development across poorer countries.

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Natural Capital Partners, VCS hit back at claims of dodgy Cambodian REDD offsets

Published 11:08 on January 12, 2018  /  Last updated at 11:19 on January 12, 2018  /  Asia Pacific, Aviation, International, Other APAC, REDD, Voluntary Market  /  No Comments

Carbon brokers Natural Capital Partners and the Voluntary Carbon Standard (VCS) have hit back against claims that offsets from the Oddar Meanchey REDD project in Cambodia lack environmental integrity.

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Bangladesh registers first JCM offset project

Published 10:32 on January 12, 2018  /  Last updated at 12:12 on January 12, 2018  /  Asia Pacific, Japan, Other APAC  /  No Comments

Bangladesh has registered its first carbon offset project under Japan’s Joint Crediting Mechanism (JCM), nearly five years after the two nations launched their bilateral programme.

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Althelia invests €5.1 mln in Indonesian peatlands project 

Published 20:07 on January 10, 2018  /  Last updated at 20:07 on January 10, 2018  /  Asia Pacific, EMEA, Other APAC, REDD, Voluntary Market  /  No Comments

Natural capital vehicle Althelia Climate Fund has invested €5.1 million in a project to restore carbon-intensive peatland rainforest in Indonesia.

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Virgin Atlantic becomes latest firm to shun credits from controversial Cambodian REDD project

Published 18:59 on January 10, 2018  /  Last updated at 18:59 on January 10, 2018  /  Africa, Asia Pacific, Aviation, EMEA, International, Other APAC, REDD, Voluntary Market  /  No Comments

Airline Virgin Atlantic has become the latest firm to remove a Cambodian REDD+ project from its portfolio of offset sources, according to media reports, amid ongoing claims that large areas covered by the initiative were subject to rampant deforestation.

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