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Without two-pronged offset limit, airlines’ CORSIA scheme risks having no climate benefit -researchers

Published 19:32 on February 25, 2019  /  Last updated at 02:06 on February 26, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, REDD, Voluntary Market  /  No Comments

Governments this month risk adopting CORSIA international aviation offsetting scheme rules that have no climate benefit unless they impose both vintage and vulnerability limits on the eligible carbon credits, researchers said on Monday.

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Green Climate Fund fills key positions ahead of crucial year

Published 13:03 on February 25, 2019  /  Last updated at 02:15 on February 26, 2019  /  Africa, Americas, Asia Pacific, Bavardage, China, EMEA, International, REDD  /  No Comments

The Green Climate Fund on Monday unveiled its new executive director and a global facilitator for its replenishment process, as the fund enters into crucial negotiations with donor countries over topping up its budget.

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ICAO panel agree recommendations for airlines’ CORSIA eligibility

Published 23:50 on February 19, 2019  /  Last updated at 23:50 on February 19, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

A technical panel at UN aviation agency ICAO has settled on recommendations for how to calculate emission benefits from airlines’ use of cleaner fuels – rules that will help determine the sector’s carbon credit demand under the CORSIA offsetting mechanism.

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Norway set to make first payment to Indonesia for halting deforestation

Published 09:24 on February 19, 2019  /  Last updated at 00:23 on February 20, 2019  /  Asia Pacific, EMEA, Other APAC, REDD  /  No Comments

Norway is ready to make its first payment to Indonesia under the two nations’ 2010 agreement to halt deforestation, after the South East Asian nation reported a drop in greenhouse gas emissions from the sector in 2017.

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ECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle

Published 00:05 on February 13, 2019  /  Last updated at 00:05 on February 13, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.

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World Bank carbon fund inks first REDD payment deals

Published 19:06 on February 12, 2019  /  Last updated at 20:46 on February 12, 2019  /  Africa, Americas, Australia, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.

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UN-backed $300 mln land restoration fund picks Peru project as first investment

Published 16:53 on January 30, 2019  /  Last updated at 09:17 on January 31, 2019  /  Americas, Canada, Climate Talks, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The $300 million Land Degradation Neutrality (LDN) Fund has committed $12 mln to a carbon credit-generating agroforestry project in Peru as its first investment towards restoring degraded land worldwide.

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EU plans Brussels conference to further work on Paris Agreement’s Article 6

Published 17:25 on January 22, 2019  /  Last updated at 23:21 on January 22, 2019  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The European Commission is planning to host a conference on international carbon trade this spring to help clinch a deal on rules for Article 6 of the Paris Agreement after recent talks fell apart.

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ECOSYSTEM MARKETPLACE: Davos and the salad sauce of sustainable supply chains

Published 11:09 on January 22, 2019  /  Last updated at 11:09 on January 22, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, Conversations, EMEA, International, REDD, US, Views  /  No Comments

Something is happening in the “Zero-Deforestation Supply Chain Movement,” which is a key component of the global effort to end climate change, and this week’s Annual Meeting of the World Economic Forum (WEF) could provide the impetus for moving beyond lateral drift into fervent activity.

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Lacking UN guidance, Swiss to take ‘safe’ approach to sourcing credits

Published 22:45 on January 9, 2019  /  Last updated at 22:45 on January 9, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Switzerland will take a conservative approach to procuring international credits that is unlikely to run afoul of international guidance in the future, an official said Wednesday.

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