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REDD project developer launches marketing firm to help sell offsets

Published 15:25 on July 19, 2017  /  Last updated at 23:27 on July 19, 2017  /  Africa, Americas, Asia Pacific, EMEA, International, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

REDD project developer Wildlife Works has launched a specialised marketing company to sell offsets from a portfolio of forest conservation initiatives in Africa, Asia, and Latin America.

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GCF board pledges support to REDD but can’t agree on details

Published 16:53 on July 6, 2017  /  Last updated at 17:52 on July 6, 2017  /  International, REDD  /  No Comments

The Green Climate Fund’s board on Thursday agreed to scale up its support for REDD, although key details of a GCF-backed results-based payments system were deferred to the next meeting.

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Four Latin American nations flag move towards a regional voluntary carbon market

Published 17:00 on July 5, 2017  /  Last updated at 01:25 on July 8, 2017  /  Americas, Asia Pacific, International, REDD, South & Central, Voluntary Market  /  No Comments

Chile, Colombia, Mexico and Peru have signed a declaration pledging to strengthen their regional climate cooperation and to move towards a regional voluntary carbon market.

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Malaysia’s Kelantan govt distances itself from unauthorised forestry carbon project offset sales

Published 11:56 on July 5, 2017  /  Last updated at 15:01 on July 6, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

Malaysia’s Kelantan state on Wednesday said it has not asked any private companies to start selling carbon credits associated with a 400,000-hectare forestry project and urged any buyers to go to the police, raising more questions regarding the government’s controversial partnership with the scheme’s developer.

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GCF transfers first REDD cash ahead of talks on increased forest funding

Published 09:00 on July 5, 2017  /  Last updated at 13:01 on July 5, 2017  /  Americas, International, REDD, South & Central  /  No Comments

The Green Climate Fund this week transferred its first funds to support a REDD project as board members gathered in South Korea to discuss whether to ramp up contributions to the UN-led mechanism.

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Dutch corporates extend REDD buying, see wider interest

Published 19:11 on July 4, 2017  /  Last updated at 13:01 on July 5, 2017  /  Africa, Americas, EMEA, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Four Dutch companies including utilities Eneco and Essent have extended their long-standing REDD investments, and are teaming up with a Dutch business group to promote similar moves among smaller firms keen to extol their climate and sustainability credentials.

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Malaysian REDD project in doubt after central bank places operator on warning list

Published 13:56 on July 4, 2017  /  Last updated at 11:27 on July 12, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

The Malaysian central bank has put a private company operating a massive forestry project for Kelantan state on its Financial Consumer Alert list, casting doubt over the project’s credibility and ability to generate UN-issued offsets.

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Natixis unit to buy natural capital firm Althelia Ecosphere

Published 12:53 on June 30, 2017  /  Last updated at 13:01 on July 5, 2017  /  Africa, Americas, Asia Pacific, Aviation, Bavardage, Climate Talks, EMEA, International, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Mirova, a unit of French asset manager Natixis Global, has entered into exclusive talks to buy a majority stake in natural capital investor Althelia Ecosphere.

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Japan picks REDD+ model project under JCM

Published 13:12 on June 26, 2017  /  Last updated at 13:02 on July 5, 2017  /  Asia Pacific, International, Japan, REDD, Voluntary Market  /  No Comments

Japan has selected a project in Laos as a model for funding under its Joint Crediting Mechanism (JCM), the environment ministry said.

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Colombia to allow emitters to use offsets to cover CO2 tax obligations

Published 18:01 on June 16, 2017  /  Last updated at 13:02 on July 5, 2017  /  Americas, Carbon Taxes, REDD, South & Central, US  /  No Comments

Colombia has approved a measure allowing fuel producers and importers to cover 100% of their carbon tax obligations through purchasing either domestic or international carbon offsets.

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