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Gold Standard adds voluntary project tool to measure gender equality progress

Published 15:07 on January 15, 2018  /  Last updated at 16:32 on January 15, 2018  /  Africa, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Non-profit certifier Gold Standard has begun to offer investors a way to measure gender equality progress in climate protection projects in the developing world, a part of its effort to broaden interest in funding development across poorer countries.

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Virgin Atlantic becomes latest firm to shun credits from controversial Cambodian REDD project

Published 18:59 on January 10, 2018  /  Last updated at 18:59 on January 10, 2018  /  Africa, Asia Pacific, Aviation, EMEA, International, Other APAC, REDD, Voluntary Market  /  No Comments

Airline Virgin Atlantic has become the latest firm to remove a Cambodian REDD+ project from its portfolio of offset sources, according to media reports, amid ongoing claims that large areas covered by the initiative were subject to rampant deforestation.

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ECOSYSTEM MARKETPLACE: When ranking clean cookstoves, don’t let the perfect become enemy of the good

Published 19:25 on January 9, 2018  /  Last updated at 19:25 on January 9, 2018  /  Africa, EMEA, Voluntary Market  /  No Comments

When one Ghanaian worker demonstrated her cookstove, she first overfilled it and then used a carcinogenic plastic bag to start the fire. Observers gasped. “Does she know that’s bad for her health?” asked several of them. According to Ecosystem Marketplace, this incident reminds us that there’s more to clean cookstoves than the machines themselves.

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Owner of former offset developer Camco winds up carbon activities

Published 17:31 on January 5, 2018  /  Last updated at 20:21 on January 5, 2018  /  Africa, Americas, Bavardage, Canada, EMEA, EU ETS, International, Kyoto Mechanisms, US, Voluntary Market  /  No Comments

Former carbon credit developer Camco is to close as London-listed parent firm RedT completes a long-standing strategy to focus purely on its energy storage business.

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South Africa publishes new draft carbon tax bill, with implementation further delayed

Published 19:44 on December 15, 2017  /  Last updated at 19:45 on December 15, 2017  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

The South African government on Thursday published a second draft of its long-delayed carbon tax bill, making a number of amendments based on stakeholder comments received following the release of the previous iteration in 2015.

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BNP Paribas to launch voluntary carbon market platform next year

Published 22:33 on December 11, 2017  /  Last updated at 22:33 on December 11, 2017  /  Africa, Americas, Asia Pacific, China's Offset Market, EMEA, International, Other APAC, South & Central, Voluntary Market  /  No Comments

A division of French bank BNP Paribas is launching a voluntary carbon offset platform to help connect investors and other credit buyers with project developers.

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Global forest carbon finance falls 25% in 2016, report finds

Published 21:40 on December 11, 2017  /  Last updated at 21:40 on December 11, 2017  /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, International, Kyoto Mechanisms, New Zealand, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Global funding for efforts to store carbon in forests dropped 25% to $662.1 million in 2016, according to Ecosystem Marketplace’s annual report on the state of forest carbon finance.

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ECOSYSTEM MARKETPLACE: Why the EU needs to embrace forest carbon finance

Published 19:41 on November 28, 2017  /  Last updated at 19:41 on November 28, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, EU ETS, International, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

A new report on forest finance shows that investments in the forest sector fall far short of what’s needed to end deforestation. Conserving and restoring tropical forests could deliver up to 30% of the carbon savings necessary to keep the average global temperature rise to 1.5C, only about 1% of international development funding for climate mitigation is directed towards this.

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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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