Lacking UN guidance, Swiss to take ‘safe’ approach to sourcing credits
Switzerland will take a conservative approach to procuring international credits that is unlikely to run afoul of international guidance in the future, an official said Wednesday.
Read MoreSwiss agency pushes on with offset sourcing despite headwinds from home and abroad
A Swiss agency tasked with acquiring Paris-era carbon credits for the country is advancing its sourcing efforts despite uncertainties both on the domestic front and on global rules covering emission trade after 2020.
Read MoreSwitzerland sets potentially final carbon auction dates before EU ETS linkage
Switzerland has announced the dates for its next two carbon allowance auctions, which could be the market’s final sales before it links with the EU ETS.
Read MoreBRIEFING – COP24: International emissions trading pilots for the Paris era
A handful of governments and institutions are working to advance international emissions trading activities even as the rules remain unclear as to how those initiatives can be used to help meet the Paris Agreement.
Read MoreCOP24: Switzerland, Peru clear way for early Paris-era carbon credit deals
Switzerland and Peru have agreed to formalise a process expected to lead to the European nation buying some of the first carbon credits generated under the Paris Agreement framework.
Read MoreCOP24: Developers, NGOs spar over future role of CDM
The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.
Read MoreHopes fade for progress on a CDM transition this year
Governments are not expected to offer much clarity on how the CDM will transition into the post-2020 Paris Agreement era as year-end UN talks in Katowice get bogged down in other issues, observers say.
Read MoreSwiss CO2 price crashes to record low at latest auction
Carbon allowance prices in the latest Swiss bi-annual auction have crashed to a record low, abruptly ending a trend of convergence with EU prices ahead of the linkage of both markets.
Read MoreCARBON FORWARD 2018: Switzerland lines up first Paris-era carbon trades
Switzerland will start buying its first international credits next year to help meet its emission goal under the Paris Agreement, marking one of the first trades under the pact, an official said Thursday at the Carbon Forward 2018 conference in London.
Read MoreANNOUNCEMENT: UK to exit EU ETS under ‘no deal’ Brexit, says govt
The UK will be excluded from participating in the EU ETS under a ‘no deal’ Brexit scenario, the government announced late on Friday.
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