CDM hits dual milestones ahead of UN carbon offset scheme’s potential conclusion
The UN’s Clean Development Mechanism (CDM) passed two noteworthy milestones this month, as countries prepare to determine whether to wind up the project-based carbon finance programme.
Read MoreTax CO2 from largest emitters $75/t by 2030 to avoid 2C temperature rise, says IMF
A global temperature rise of 2 degrees C could be avoided if large emitting countries collectively adopt a carbon tax of $75/tonne by 2030, as well as other ambitious actions, according to a report by the International Monetary Fund.
Read MoreShell expands carbon neutral driving offer to UK with land offsets
Oil major Shell will offer British drivers the chance to offset their carbon footprint, it said on Thursday, expanding from its Dutch initiative as part of a global commitment to invest $300 million in land-based emissions-curbing initiatives.
Read MoreICAO moves toward long-term GHG goal, CORSIA launch despite opposition from 25 nations
ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.
Read MoreNorway to release forestry cash to Guyana after renewable energy commitment
Norway has agreed to release the final $50 million of its forestry protection payments to Guyana after the South American nation agreed to increase its renewable energy use.
Read MoreCARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech
**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.
Read MoreEZ does it: Declining CO2 price trajectory necessary to counter climate uncertainty -study
Carbon prices should start high and decline over time to combat the environmental and economic cost of long-term inaction, according to research published Tuesday, advocating turning the conventional approach on its head.
Read MoreSK Market: KAUs extend record highs again as compliance deadline looms
South Korean carbon emission contracts set fresh records across the board again on Thursday, as the impending 2018 compliance deadline and a bullish long term outlook kept pushing up prices.
Read MoreIHS Markit launches global carbon index amid growing investor interest
Information provider IHS Markit has launched a global carbon index, reflecting the rise in investor interest in environmental commodities.
Read MoreCARBON FORWARD 2019: Navigating opportunities in global carbon markets
**THIS IS A FREE ARTICLE** – Learn how companies and governments are aligning with the Paris Agreement and finding opportunities in carbon markets worldwide.
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