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CP Daily: Friday December 6, 2019

Published 00:00 on December 7, 2019  /  Last updated at 00:09 on December 7, 2019  /  Newsletter  /  No Comments

A daily summary of our news plus bite-sized updates from around the world.

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COP25: Major powers show signs of compromise on Article 6 -sources

Published 18:48 on December 6, 2019  /  Last updated at 05:17 on December 7, 2019  /  Aviation/CORSIA, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Major powers were showing signs of compromise on negotiating the international emissions trade rulebook under the Paris Agreement’s Article 6 on Friday, boosting prospects that a deal can be reached by the end of next week as UN talks near their halfway point.

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COP25: Indonesia to set up national ETS by 2024, pilot next year -official

Published 17:24 on December 6, 2019  /  Last updated at 17:36 on December 6, 2019  /  Asia Pacific, Other APAC  /  No Comments

Indonesia plans to launch a pilot emissions trading scheme for its power and industry sectors next year aiming to transition to full market no later than 2024, a government official said at the sidelines of UN climate talks in Madrid.

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CP Daily: Thursday December 5, 2019

Published 01:26 on December 6, 2019  /  Last updated at 01:26 on December 6, 2019  /  Newsletter  /  No Comments

A daily summary of our news plus bite-sized updates from around the world.

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COP25: With the rules still in flux, governments and businesses scramble to pioneer Paris carbon markets

Published 18:47 on December 5, 2019  /  Last updated at 15:52 on December 6, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

Businesses and governments on the sidelines of the Madrid climate talks are busy building the foundations for a Paris era international carbon market and carving out a role for themselves, even as delegates remain gridlocked in negotiations over the rules.

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COP25: Voluntary carbon market doubles to near-record volume in 2018, though prices flat -report

Published 16:07 on December 5, 2019  /  Last updated at 23:35 on December 5, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon trade worldwide doubled in 2018 to approach record levels at near 100 MtCO2e, as forest projects took a lead amid heightened demand but offset prices remained flat, researchers found in a report published on Thursday.

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CP Daily: Wednesday December 4, 2019

Published 01:34 on December 5, 2019  /  Last updated at 01:38 on December 5, 2019  /  Newsletter  /  No Comments

A daily summary of our news plus bite-sized updates from around the world.

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COP25: UN thins Article 6 text as markets talks get underway

Published 11:27 on December 4, 2019  /  Last updated at 23:37 on December 4, 2019  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

UN officials produced a slightly thinner new version of text for an international emissions trade rulebook under the Paris Agreement’s Article 6 on Wednesday, though negotiators showed few signs of compromise in initial exchanges.

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CP Daily: Tuesday December 3, 2019

Published 01:17 on December 4, 2019  /  Last updated at 00:04 on December 5, 2019  /  Newsletter  /  No Comments

A daily summary of our news plus bite-sized updates from around the world.

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COP25: Lower coal use can’t stop global GHGs from rising in 2019 -study

Published 00:01 on December 4, 2019  /  Last updated at 23:11 on December 3, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, South & Central, US  /  No Comments

Rising CO2 emissions from natural gas and oil in 2019 will more than offset abatement progress from lower coal usage in major economies, according to research published Wednesday.

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