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Vietnam signals revision to Paris pledge to pave way for huge emissions growth

Published 11:30 on October 8, 2018  /  Last updated at 23:21 on October 8, 2018  /  Asia Pacific, Other APAC  /  No Comments

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.

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As CORSIA doubts persist, developers push ‘future-proof’ carbon projects to airlines

Published 21:42 on October 4, 2018  /  Last updated at 21:43 on October 4, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

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.

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Carbon veteran leaves Sindicatum following offset portfolio sales

Published 11:32 on September 27, 2018  /  Last updated at 16:49 on September 28, 2018  /  Americas, Asia Pacific, Bavardage, China, China's Offset Market, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, US, Voluntary Market  /  No Comments

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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CDM board celebrates centennial meeting, makes scheme tweaks ahead of key summit

Published 19:51 on September 5, 2018  /  Last updated at 19:51 on September 5, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The CDM’s Executive Board held its 100th meeting last week in Bangkok, ahead of intersessional UN climate talks this week in the Thai capital, agreeing a handful of scheme modifications in advance of this year’s crucial COP24 summit.

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COMMENT – Wanted: Team coach for the Green Climate Fund

Published 02:00 on August 30, 2018  /  Last updated at 23:10 on September 5, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, US, Views  /  No Comments

Reaching agreement on replenishment in the GCF family is easier said than done. Among several hotly debated issues at its last Board meeting was an hours-long discussion of how to launch replenishment — with no resolution. If we want the GCF to succeed, the Board needs to get past the logjam. Here’s WRI’s take on how they could.

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Philippines government looking into introducing a carbon tax

Published 16:07 on July 20, 2018  /  Last updated at 17:00 on July 20, 2018  /  Asia Pacific, Carbon Taxes, Other APAC  /  No Comments

The Philippines government is looking at whether to introduce a carbon tax in the country, holding an “exploratory” workshop on the subject this week.

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Hong Kong to launch carbon crediting scheme for building sector

Published 10:15 on July 13, 2018  /  Last updated at 19:16 on July 13, 2018  /  China, China's National ETS, Other APAC  /  No Comments

Hong Kong is planning to launch a carbon crediting scheme for its building sector that could generate 2.5 million allowances a year, and it is developing a blockchain-based trading platform to create a domestic market for the units, according to government officials.

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Mayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme

Published 20:22 on June 29, 2018  /  Last updated at 20:59 on June 29, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Fears are mounting that ICAO’s international aviation offsetting mechanism could collapse well before its 2021 start as China backtracks and other nations resist, while the scheme’s rules get severely weakened or delayed by infighting.

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ICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out

Published 00:37 on June 28, 2018  /  Last updated at 23:38 on December 4, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.

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Japan picks 17 JCM projects for annual funding

Published 11:05 on June 26, 2018  /  Last updated at 11:06 on June 26, 2018  /  Americas, Asia Pacific, International, Japan, Mexico, New Market Mechanisms, Other APAC  /  No Comments

Japan has awarded small grants to 17 projects that aim to cut greenhouse gas emissions and generate carbon credits under its Joint Crediting Mechanism (JCM).

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