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Experts challenge California’s ARB on allowance over-supply, carbon offsets at legislative hearing

Published 03:01 on May 25, 2018  /  Last updated at 03:01 on May 25, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB’s planning on how to set post-2020 emissions caps and new offset requirement in the state’s carbon market could have negative implications for future GHG reductions, several experts said at a hearing on Thursday.

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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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CBL Markets, UNFCCC in deal to trade CERs on exchange operator’s platform

Published 08:00 on May 24, 2018  /  Last updated at 10:58 on May 24, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Energy and environmental commodity exchange operator CBL Markets has agreed a partnership with the UN’s climate change secretariat to list spot CERs on its trading platform, it announced on Thursday.

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Voluntary carbon market unwise to continue outside blurred lines of Paris Agreement, experts warn

Published 22:47 on May 23, 2018  /  Last updated at 22:47 on May 23, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Voluntary carbon market developers risk being crowded out of existence by increasingly expansive climate policies worldwide unless they quickly work out a way to earn revenues within the scope of the Paris Agreement, experts said at an event on Wednesday.

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California’s ARB doles out 176k new offsets to three projects

Published 21:25 on May 23, 2018  /  Last updated at 21:25 on May 23, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

California’s Air Resources Board (ARB) handed out some 176,400 carbon offsets to three initiatives this week, with a new ODS project taking home the bulk of the credits.

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US forest carbon offset markets could be bolstered through reverse auctions, say experts

Published 16:48 on May 23, 2018  /  Last updated at 16:49 on May 23, 2018  /  Americas, International, US, Voluntary Market  /  No Comments

The slower-than-planned uptake of forest-based carbon offsetting in the US could be buoyed by a reverse auction system that provides cost certainty and flexibility for landowners, according to experts.

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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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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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Switzerland approaches countries to host pilot crediting under Paris Agreement

Published 12:10 on May 11, 2018  /  Last updated at 14:38 on May 11, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland, Voluntary Market  /  No Comments

Switzerland has begun talks with several developing nations to test pilot GHG-cutting initiatives, aiming to secure carbon credits that could be eventually used to help meet its Paris Agreement goal.

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