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Glencore to cap coal production, set climate targets in line with Paris

Published 09:06 on February 20, 2019  /  Last updated at 09:06 on February 20, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, US  /  No Comments

Glencore will cap its global coal production at current levels and develop fresh emissions targets, the company announced Tuesday, after investor pressure to limit its impact on climate change.

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South Africa’s parliament approves long-awaited carbon tax bill

Published 17:32 on February 19, 2019  /  Last updated at 21:28 on February 19, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

South Africa’s parliament on Tuesday approved the country’s long-awaited carbon tax bill, clearing a key hurdle in keeping the measure on track to enter into force this spring.

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ECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle

Published 00:05 on February 13, 2019  /  Last updated at 00:05 on February 13, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.

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World Bank carbon fund inks first REDD payment deals

Published 19:06 on February 12, 2019  /  Last updated at 20:46 on February 12, 2019  /  Africa, Americas, Australia, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.

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WITHDRAWN-South Africa’s long-awaited carbon tax may see further delay -PwC

Published 17:37 on February 11, 2019  /  Last updated at 13:55 on February 12, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

**This story has been withdrawn due to inaccurate information published Feb. 8 by PwC. The consulting firm’s comments were based on an old version of South Africa’s carbon tax bill.**

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South African carbon tax bill heads for parliament vote after committee approval

Published 21:52 on February 5, 2019  /  Last updated at 21:52 on February 5, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

A South African parliamentary committee on Tuesday approved the country’s carbon tax bill, moving the long-awaited levy a step closer to becoming law.

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French, Indian firms awarded UN offsetting contracts in 2018

Published 22:17 on February 4, 2019  /  Last updated at 22:17 on February 4, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.

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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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ECOSYSTEM MARKETPLACE: Davos and the salad sauce of sustainable supply chains

Published 11:09 on January 22, 2019  /  Last updated at 11:09 on January 22, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, Conversations, EMEA, International, REDD, US, Views  /  No Comments

Something is happening in the “Zero-Deforestation Supply Chain Movement,” which is a key component of the global effort to end climate change, and this week’s Annual Meeting of the World Economic Forum (WEF) could provide the impetus for moving beyond lateral drift into fervent activity.

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COP24: Divisive Article 6 talks pushed to next COP as nations agree Paris rulebook

Published 04:31 on December 16, 2018  /  Last updated at 00:18 on December 17, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms  /  No Comments

Negotiators in Katowice reached agreement on a Paris rulebook late Saturday night, but Article 6 left a gaping hole as a decision on carbon markets was left for the next major round of negotiations in Chile.

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