ANALYSIS: Uptick in voluntary carbon market activity still awaiting post-2020 clarity
A rise in voluntary market issuances over the past year could signal that entities are preparing for the start of multiple international emissions trading regimes in the next decade, but some cautioned there still may be too much risk to engage in early purchasing.
Read MoreCDM board weighs expanding struggling scheme to ride-sharing apps, other urban sectors
The CDM’s executive board held its first meeting of 2019 last week, where it weighed a number issues including whether online ride-hailing applications should receive carbon offsets and how to expand the struggling scheme’s use into urban sectors.
Read MoreChile moves UN COP25 climate summit to Easter Island over logistical, environmental fears
Amid a raft of concerns about overcrowding and a lack of conference venue options in Santiago, the Chilean government has announced its remote Easter Island as the surprise site for this year’s UN COP25 climate summit, highlighting the island’s ecological-driven collapse as a point of urgency for global efforts to reduce emissions.
Read MoreANALYSIS: Long-delayed REDD deals seen as base for international emissions trade
Forest protection deals inked between African nations and a World Bank fund could spur international emissions trade under the Paris Agreement and ICAO’s CORSIA offsetting scheme for aviation, according to experts.
Read MoreICAO names advisory board for CORSIA aviation offset scheme
UN aviation body ICAO has listed the members of its technical advisory board (TAB) for its CORSIA global offsetting mechanism, adhering to historical splits between rich and poor countries with the latter represented by major CDM host nations and oil majors.
Read MoreBP targets $100 mln for upstream GHG reduction projects
Fossil fuel major BP on Tuesday announced a $100 million fund to lower emissions from its upstream oil and gas operations, months after shareholder pressure forced the company to beef up its climate-related disclosures.
Read MoreGlobal energy-related CO2 emissions spike 1.7% in 2018 to hit another record -IEA
Energy-related CO2 output shot up in 2018 to hit a second consecutive yearly high as Asian coal growth and the US oil and gas boom overshadowed global progress in renewable energy and energy efficiency, the International Energy Agency (IEA) said in a report released Tuesday.
Read MoreICAP Status Report 2019: Emissions Trading Worldwide
Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.
Read MoreChile seen allowing unlimited offsets for expanded CO2 tax, may add RECs
Chile could allow the unlimited use of domestic offsets as a compliance option under its expanded $5/tonne carbon charge, though industry is lobbying to include RECs as well, according to an industry expert.
Read MoreUN confirms 2019 dates for COP25 climate talks in Chile
The COP25 UN climate conference in Chile will be held this December, the international organisation confirmed on Thursday, reversing an initial decision by the host nation to push the next annual negotiation round to Jan. 2020.
Read More