ECOSYSTEM MARKETPLACE: Tropical countries far short of meeting deforestation targets
If we’re to prevent global temperatures from rising to a level more than 1.5ºC (2.7ºF) above pre-industrial levels, we must dramatically improve the way we manage our forests, farms, and fields.
Read MoreECOSYSTEM MARKETPLACE: In Katowice, indigenous leaders call for wider uptake of REDD+
“RIA lives!” said Peruvian indigenous leader Fermín Chimatani Tayori, referring to a private-public partnership called “Amazon Indigenous REDD+”, an eight-year effort to develop protocols and projects that use carbon finance to support indigenous development plans called “Life Plans” (Planes de Vida).
Read MoreThailand carbon market shaping up, but legal issues remain
Thailand is expecting to put in place over the next eight months a number of the elements that will make up its national carbon market, but the lengthy process of imposing a national climate change act means the programme won’t launch until after 2020.
Read MorePhilippines ditches carbon tax plans
The Philippines is abandoning plans to introduce a carbon tax, a senior government official told a conference, saying it would impose unpopular costs on consumers while doing little to reduce emissions.
Read MoreIndia 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 More