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World Bank Group launches tender to buy almost 200k carbon offsets

Published 10:52 on May 24, 2020  /  Last updated at 11:06 on May 24, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The World Bank Group has launched a request for proposals (RFP) to buy almost 200,000 carbon credits to offset the organisation’s emissions.

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World Bank buys 4.2 mln methane offsets in fourth PAF auction

Published 22:18 on March 4, 2020  /  Last updated at 22:18 on March 4, 2020  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The fourth sale held by the World Bank’s Pilot Auction Facility (PAF) resulted in the procurement of 4.2 million tonnes of methane offsets, the bank announced Wednesday.

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World Bank-led PAF to hold fourth carbon offset auction on Mar. 3, 2020

Published 17:16 on December 10, 2019  /  Last updated at 17:16 on December 10, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Pilot Auction Facility (PAF) will hold its fourth auction on Mar. 3, 2020 to buy methane emission reduction credits from projects in the developing world, the bank announced Tuesday.

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World Bank-led PAF to hold fourth carbon offset auction

Published 14:00 on November 5, 2019  /  Last updated at 17:15 on December 10, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Pilot Auction Facility (PAF) will hold a fourth auction next year to buy methane emission reduction credits from projects in the developing world, the bank said Tuesday.

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World Bank extends carbon credit eligibility ahead of N2O auction

Published 22:41 on August 8, 2019  /  Last updated at 23:43 on August 8, 2019  /  EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has extended the emission reduction generation period that eligible CER and VER carbon credits can be delivered into the programme.

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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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COP24: Five nations sign up to Germany’s carbon credit buying plan

Published 18:13 on December 12, 2018  /  Last updated at 02:01 on December 13, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Five countries have committed to curb N2O emissions nationwide from 2021 in return for Germany buying and cancelling carbon credits from their emission-cutting projects until that year.

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CARBON FORWARD 2018: Switzerland lines up first Paris-era carbon trades

Published 22:37 on October 18, 2018  /  Last updated at 02:35 on October 19, 2018  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland  /  No Comments

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.

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Germany, World Bank gear up for €20m N2O offset auction

Published 17:49 on June 5, 2018  /  Last updated at 10:46 on June 6, 2018  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.

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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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