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COP24: Roundup for Dec. 14, 2018

Published 22:58 on December 14, 2018  /  Last updated at 23:14 on December 14, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central  /  No Comments

Numerous delays from ongoing Paris rulebook negotiations have pushed the culmination of the UN climate summit past its scheduled conclusion on Friday, with talks slated to go at least through Saturday morning.

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UPDATE – COP24: Chile to host next UN climate summit in Jan. 2020 after Brazil withdrawal

Published 19:43 on December 14, 2018  /  Last updated at 12:01 on December 16, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

Chile has been named as the location of the next UN climate summit after Brazil withdrew its offer to host.

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COP24: Draft Article 6 text offers “bedrock” for international GHG trade, but investors uneasy

Published 23:43 on December 13, 2018  /  Last updated at 00:45 on December 14, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

The basis for an international emissions trading system under the Paris Agreement’s Article 6 became clearer on late Thursday, though some worried that the requirements could prove onerous for investors.

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COP24: Switzerland, Peru clear way for early Paris-era carbon credit deals

Published 20:23 on December 13, 2018  /  Last updated at 22:09 on December 13, 2018  /  Americas, EMEA, International, New Market Mechanisms, South & Central, Switzerland  /  No Comments

Switzerland and Peru have agreed to formalise a process expected to lead to the European nation buying some of the first carbon credits generated under the Paris Agreement framework.

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COP24: Chile weighs adding offsets as compliance option under expanded CO2 tax

Published 17:36 on December 13, 2018  /  Last updated at 23:32 on December 13, 2018  /  Americas, Carbon Taxes, Climate Talks, South & Central, Voluntary Market  /  No Comments

Chile could add the use of offsets as a compliance option under its $5/tonne carbon charge and expand coverage to more sectors, though a timeline for those revisions remains uncertain, an official told Carbon Pulse on Thursday.

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COP24: Roundup for Dec. 13, 2018

Published 16:24 on December 13, 2018  /  Last updated at 01:49 on December 14, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central  /  No Comments

UN negotiations over a Paris Agreement rulebook in Katowice are nearing their critical endgame, with delegates readying themselves for an extended stay as the talks await a decisive breakthrough.

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COP24: UK, Italy announce bids to host 2020 UN climate talks

Published 13:15 on December 13, 2018  /  Last updated at 21:24 on December 13, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The UK and Italy are both vying to host the annual UN climate summit in 2020, their environment ministers announced Thursday.

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ECOSYSTEM MARKETPLACE: Tropical countries far short of meeting deforestation targets

Published 20:04 on December 12, 2018  /  Last updated at 20:04 on December 12, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

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.

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COP24: Roundup for Dec. 12, 2018

Published 18:24 on December 12, 2018  /  Last updated at 01:39 on December 13, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central  /  No Comments

With negotiators struggling to break deadlock over an increasingly complex Paris Agreement rulebook text, the Polish presidency on Wednesday announced it was taking more direct control over the COP24 talks in Katowice.

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COP24: Int’l organisations float offset use in vague climate neutrality vow

Published 17:16 on December 12, 2018  /  Last updated at 17:33 on December 12, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, South & Central, Voluntary Market  /  No Comments

Fifteen international organisations and development banks pledged Wednesday to make their operations carbon neutral in part through offsets, but they did not specify a target year or detail any of their potential demand for credits.

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