Fiji, Poland tapped as next COP hosts
Fiji will chair next year’s UN climate summit in the German city of Bonn while Poland has proposed to once again host the talks in 2018, sources told Carbon Pulse.
Read MoreBattlefield Article 6: Governments clash in Marrakech over shape of future international carbon markets
Negotiations on global carbon trade at UN climate talks in Marrakech have highlighted several divisive issues, some new and some old, surrounding how countries can cooperate on emissions cuts and how new international market mechanisms will work.
Read MorePanama deregisters controversial CDM project, work may continue
Panama has withdrawn the Barro Blanco hydro dam from the CDM, marking the first time a host country has deregistered a project and prevented it from earning carbon credits.
Read MoreNorwegian firms call for new fund to back renewables, carbon credits
A group of Norwegian renewable firms is calling for the government to set up a 5 billion NOK ($611 million) guarantee fund to help companies build clean energy sources in developing nations that could generate up to 10 million UN-issued carbon offsets a year.
Read MoreWorld Bank sets date for third PAF auction
The World Bank will hold the third auction under its Pilot Auction Facility (PAF) on Jan. 10, 2017, it announced Wednesday.
Read MoreGlobal decarb rate edges up in 2015, still well short of 2C requirements -consultants
Carbon intensity among the Group of 20 major economies slightly increased its rate of decline in 2015, a sign that the world is sustaining its trend of decoupling GDP from emissions but at a rate too slow to prevent dangerous warming, an analysis by consultancy PwC found.
Read MoreCountries finally clinch deal over global HFC phase-down
More than 190 governments early on Saturday reached a historic agreement to cut hydrofluorocarbons (HFCs), a potent greenhouse gas that has been at the centre of often divisive international negotiations for nearly a decade.
Read MoreWorld Bank eyes Jan. 2017 for modified third PAF auction
The World Bank is aiming to hold the third auction under its Pilot Auction Facility (PAF) in Jan. 2017, it said on Thursday, highlighting a few changes from the previous sales.
Read MoreNew Zealand proposal paves way for tiered ITMO quality in new global carbon market
There should be minimum reporting requirements for nations generating carbon credits under the Paris Agreement, but countries should also be allowed to apply higher standards, New Zealand has proposed, a move that would likely fragment the global CO2 market.
Read MoreAlthelia hires former BG Group exec to launch new sales push
Natural capital asset management firm Althelia Ecosphere has hired a former BG Group executive to head up its new sales venture.
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