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COP25: Aviation offset stakeholders hit back at report criticising CORSIA applicants

Published 15:18 on December 7, 2019  /  Last updated at 15:55 on December 7, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A recent study challenging the carbon credit standards that have applied for the global CORSIA aviation offsetting scheme made questionable interpretations of the programme’s environmental criteria, and also ran counter to UN body ICAO’s own guidance in the process, developers and brokers said Friday.

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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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South Africa finalises offset rules under new national carbon tax

Published 17:23 on December 5, 2019  /  Last updated at 11:23 on December 6, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

The South African government has formalised regulations for the use of offsets under its national carbon tax regime, after making a few last-minute changes based on stakeholder feedback.

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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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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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ECOSYSTEM MARKETPLACE – Shades of REDD+: Should forest offsets be eligible for CORSIA?

Published 18:20 on December 3, 2019  /  Last updated at 18:20 on December 3, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

When operating details of the Kyoto Protocol’s CDM were negotiated from 2001-03, many voiced concerns about forest carbon credits and their high risk of reversals, potential to displace emissions, and the difficulties in accurately quantifying emission reductions. Nearly two decades on, it is worthwhile to reconsider the question of whether or not forest mitigation could be ready for carbon markets. The question is back on the table as ICAO sets up a scheme for reducing emissions from international air travel.

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PREVIEW COP25: UN carbon market talks to take centre stage in Madrid

Published 01:00 on November 30, 2019  /  Last updated at 23:04 on December 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Officials from nearly 200 governments arrive at COP25 in Madrid next week to hammer out the rules for international emissions trade under the Paris Agreement, with several testing issues remaining from last year when disagreements nearly threw off a wider deal on the 2015 pact.

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None of 14 offset standard contenders meet CORSIA aviation scheme criteria -report

Published 15:09 on November 27, 2019  /  Last updated at 23:27 on November 27, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.

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Nearly 8% annual GHG cuts required to hit Paris’ 1.5C goal -UN Report

Published 08:00 on November 26, 2019  /  Last updated at 13:05 on November 26, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, South & Central  /  No Comments

Countries must immediately peak their emissions and ratchet up GHG abatement to an 8% yearly clip over the next decade to keep the average global temperature rise within the more ambitious Paris Agreement limit, a UN report said Tuesday.

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ECOSYSTEM MARKETPLACE: Shades of REDD+ Nesting – A good or bad piece of Swiss cheese?

Published 23:27 on November 25, 2019  /  Last updated at 23:28 on November 25, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

There was a time when people thought that forests were the low-hanging fruit of the climate challenge, and that reducing emissions from deforestation was fast, easy, and cheap. No one thinks that anymore.

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