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COP24: Countries step up to host 2019 UN climate talks after Brazil withdraws

Published 12:04 on December 2, 2018  /  Last updated at 12:04 on December 2, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central  /  No Comments

At least four Latin American and Caribbean countries have voiced interest in hosting next year’s UN climate summit after Brazil withdrew its offer.

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ECOSYSTEM MARKETPLACE: Corruption, poor enforcement hamper global efforts to end deforestation

Published 01:22 on December 1, 2018  /  Last updated at 01:22 on December 1, 2018  /  Africa, Americas, Asia Pacific, Conversations, EMEA, International, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Zanzibar’s Masingini Natural Forest Reserve provides drinking water for much of the island and habitat for dozens of rare and endangered species, but its forests are being illegally clear-cut. Meanwhile, in the Brazilian Amazon, the “lungs of the planet”, recent satellite images show 7900 square km of illegal deforestation in just the last year. Isolated transgressions? Hardly.

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Meeting 2C target requires tripling of NDC emission cut rate -UN report

Published 15:00 on November 27, 2018  /  Last updated at 15:15 on November 27, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, EMEA, International, South & Central  /  No Comments

Countries are going even further off track towards limiting global warming to 2C as emissions began increasing in 2017, according to a UN report that found nations must triple emissions cuts pledged under the Paris Agreement to keep within the temperature limit.

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ECOSYSTEM MARKETPLACE: Oil palm, the prodigal plant, is coming home to Africa – What does that mean for forests?

Published 22:58 on November 20, 2018  /  Last updated at 23:06 on November 20, 2018  /  Africa, Americas, Conversations, EMEA, International, REDD, South & Central, Views, Voluntary Market  /  No Comments

Western and Central Africa have been cultivating oil palm for millennia, though the big money is flowing into Indonesia and Malaysia, which produce more than 80% of the world’s palm oil supply. Now Indonesian and Malaysian palm oil companies are expanding into African regions, and environmentalists are worried that could accelerate deforestation.

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Oil firm Equinor vows to buy REDD units to offset international operations

Published 20:17 on November 20, 2018  /  Last updated at 00:32 on November 21, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Norway’s oil firm Equinor plans to buy REDD forest protection credits to offset its emissions from operations not already covered by carbon pricing as the company is set to ramp up its foreign exploration, its CEO said Tuesday.

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California punts endorsement of Tropical Forest Standard to 2019

Published 01:30 on November 17, 2018  /  Last updated at 20:05 on November 19, 2018  /  Americas, Aviation, Canada, International, Mexico, REDD, South & Central, US, Voluntary Market  /  No Comments

California regulator ARB on Friday postponed a decision until next spring on whether to approve the Tropical Forest Standard (TFS) that could allow jurisdictions to link their sector-based offset programmes to the state’s carbon market, with stakeholders warning of the standard’s environmental and social ramifications.

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Mexico sees benefits of carbon programme, though companies spot issues

Published 20:52 on November 12, 2018  /  Last updated at 22:28 on November 12, 2018  /  Americas, Canada, Carbon Taxes, Mexico, South & Central, US  /  No Comments

Mexico has released additional analysis for its draft three-year pilot cap-and-trade programme showing the benefits far outweigh costs, though state-owned oil firm Pemex voiced opposition.

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COMMENT: Paris goals can only be achieved in time with robust bottom-up action

Published 23:09 on November 6, 2018  /  Last updated at 23:09 on November 6, 2018  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.

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UN opens tender to buy 141k Gold Standard CERs

Published 12:34 on October 30, 2018  /  Last updated at 12:34 on October 30, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.

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Brazilian company to auction nearly 500k VCUs from hydro project on Nov. 7

Published 01:23 on October 25, 2018  /  Last updated at 14:52 on October 25, 2018  /  Americas, International, South & Central, Voluntary Market  /  No Comments

**This article is available to non-subscribers** – A Brazilian electric generation company has announced it will auction 492,647 Verified Carbon Units (VCUs) from a hydro project in the southern part of the country on Wednesday, Nov. 7.

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