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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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French, Indian firms awarded UN offsetting contracts in 2018

Published 22:17 on February 4, 2019  /  Last updated at 22:17 on February 4, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.

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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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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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Offset project developer ALLCOT hires in Colombia as director leaves for ministry

Published 16:24 on January 15, 2019  /  Last updated at 16:24 on January 15, 2019  /  Americas, Bavardage, Carbon Taxes, South & Central  /  No Comments

Carbon trading and project development firm ALLCOT has hired a new boss for its Colombian operations as the existing director departs for a high-level ministry role.

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Supply of Colombian tax-eligible carbon credits quickly being exhausted

Published 01:06 on December 22, 2018  /  Last updated at 02:06 on December 22, 2018  /  Americas, Carbon Taxes, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

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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 15:13 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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