South & Central « Carbon Pulse
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Number of CERs used against Colombian carbon tax nears 1.5 million

Published 15:13 on May 31, 2018  /  Last updated at 22:46 on July 20, 2018  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, South & Central, Voluntary Market  /  No Comments

The number of Colombian CERs being cancelled against the country’s carbon tax by big emitters is approaching 1.5 million after another batch was annulled last week.

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Ben & Jerry’s customers scoop up REDD credits in retail offsetting initiative

Published 15:41 on May 24, 2018  /  Last updated at 15:41 on May 24, 2018  /  Americas, EMEA, International, REDD, South & Central, US, Voluntary Market  /  No Comments

Ice cream maker Ben & Jerry’s is piloting an initiative where customers automatically offset the footprint of their retail purchases through buying Peruvian forestry offsets via blockchain technology.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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Peru agrees to ‘nest’ Althelia’s REDD projects into its Paris efforts

Published 22:10 on May 21, 2018  /  Last updated at 22:10 on May 21, 2018  /  Americas, Climate Talks, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Peru’s government has agreed to ‘nest’ two REDD projects financed by fund Althelia, claiming a global first that enables the developers to sell carbon credits abroad while later integrating with the government’s Paris emission pledge.

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Nordic nations float ITMO trade model with Peru

Published 18:56 on May 16, 2018  /  Last updated at 09:29 on May 17, 2018  /  Americas, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Carbon-cutting activities in Peru’s waste sector could be developed using international emissions trade in a way that resolves many concerns over how carbon markets can contribute to the Paris Agreement, according to an initial draft of a study commissioned by Nordic countries.

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IBM, Veridium unveil blockchain-based offset trading platform, with initial focus on REDD

Published 16:15 on May 15, 2018  /  Last updated at 13:35 on May 17, 2018  /  Africa, Americas, Asia Pacific, Canada, China, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

IBM and Veridium Labs have teamed up to launch a blockchain-based platform to transform carbon offsets into digital tokens for trade on a decentralised exchange, the companies announced on Tuesday.

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By the numbers: Kyoto offset use in the EU ETS since 2014

Published 17:58 on May 11, 2018  /  Last updated at 11:05 on May 14, 2018  /  China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central  /  No Comments

Fossil fuel-based projects in developing and eastern European countries have been the largest individual beneficiaries from selling offsets to emitters in the EU ETS since 2014, while more than 75% of the credits came from just two countries.

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UN adds more Paris rulebook talks as higher CO2 prices raise demand hopes

Published 18:56 on May 10, 2018  /  Last updated at 07:49 on May 11, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Governments have agreed to hold an extra week of negotiations on international emissions trade and other rules under the 2015 Paris Agreement, as two weeks of UN climate talks in Bonn ended Thursday yielding little progress.

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Researchers tee up trial forestry ITMO trade from Colombia to Korea

Published 18:55 on May 4, 2018  /  Last updated at 03:30 on May 5, 2018  /  Americas, Asia Pacific, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, South Korea, Voluntary Market  /  No Comments

Four research institutions have partnered to test a forest carbon trade that would involve transferring REDD carbon credits from Colombia to South Korea to help meet Paris Agreement goals.

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Renewables rise helps to close Paris gap as governments lag -analysts

Published 11:53 on May 3, 2018  /  Last updated at 11:53 on May 3, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Japan, Other APAC, Shipping, South & Central, US  /  No Comments

The faster-than-expected expansion of renewables worldwide is helping to narrow the gap to Paris Agreement goals, despite some governments making little progress on climate action and the effects of US President Trump’s policies not yet taking hold, researchers said Thursday.

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