Brazil government urged to start an ETS, slowly
Brazil’s government should introduce an emissions trading system starting with extensive free allocation and a $10/tonne price ceiling, according to an academic study commissioned by business groups.
Read MoreNumber of deregistered CDM projects doubles
The number of projects that have been deregistered from the CDM has doubled, according to UNFCCC data.
Read MoreGermany, World Bank gear up for €20m N2O offset auction
The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.
Read MoreNumber of CERs used against Colombian carbon tax nears 1.5 million
The number of Colombian CERs being cancelled against the country’s carbon tax by big emitters is approaching 1.5 million after another batch was annulled last week.
Read MoreBen & Jerry’s customers scoop up REDD credits in retail offsetting initiative
Ice cream maker Ben & Jerry’s is piloting an initiative where customers automatically offset the footprint of their retail purchases through buying Peruvian forestry offsets via blockchain technology.
Read MoreFuture of global carbon markets rests on China success -survey
The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.
Read MorePeru agrees to ‘nest’ Althelia’s REDD projects into its Paris efforts
Peru’s government has agreed to ‘nest’ two REDD projects financed by fund Althelia, claiming a global first that enables the developers to sell carbon credits abroad while later integrating with the government’s Paris emission pledge.
Read MoreNordic nations float ITMO trade model with Peru
Carbon-cutting activities in Peru’s waste sector could be developed using international emissions trade in a way that resolves many concerns over how carbon markets can contribute to the Paris Agreement, according to an initial draft of a study commissioned by Nordic countries.
Read MoreIBM, Veridium unveil blockchain-based offset trading platform, with initial focus on REDD
IBM and Veridium Labs have teamed up to launch a blockchain-based platform to transform carbon offsets into digital tokens for trade on a decentralised exchange, the companies announced on Tuesday.
Read MoreBy the numbers: Kyoto offset use in the EU ETS since 2014
Fossil fuel-based projects in developing and eastern European countries have been the largest individual beneficiaries from selling offsets to emitters in the EU ETS since 2014, while more than 75% of the credits came from just two countries.
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