Offset developer ALLCOT opens Central American office
Sustainability firm and low-CO2 project developer ALLCOT Group has opened a Central American office to manage its operations in the region and the Caribbean, it announced on Friday.
Read MoreVoluntary carbon market data from CTX for July 21, 2017
A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.
Read MoreNA Markets: California price surge tapers off as reform deal doubts set in
California carbon made another jump this week as politicians agreed on a proposal to extend the state’s carbon market to 2030, though the gains were tempered by uncertainty over some of the details.
Read MoreGerman energy exchange EEX builds foothold in China’s emerging carbon market
German energy bourse EEX has partnered with several Chinese exchanges to build its foothold in China’s emerging national ETS, advancing plans to offer trade in euro-denominated offshore carbon derivatives to let clients access the market while avoiding the political and capital restrictions that international investors typically face.
Read MoreBP’s offset unit expands voluntary offering with SDG focus
Oil giant BP’s offsetting initiative BP Target Neutral has expanded its portfolio for 2017 by using the UN’s Sustainable Development Goals as a framework for assessment to investing in four carbon-cutting projects.
Read MoreREDD project developer launches marketing firm to help sell offsets
REDD project developer Wildlife Works has launched a specialised marketing company to sell offsets from a portfolio of forest conservation initiatives in Africa, Asia, and Latin America.
Read MoreUS-based Climate Trust Capital makes first forest carbon offset project investment
U.S.-based private investment fund Climate Trust Capital (CTC), an independent entity of Oregon-based non-profit The Climate Trust, has inked a deal on its inaugural forestry carbon investment.
Read MoreFor experts, California carbon market extension may bring more questions than answers
While Californian lawmakers have succeeded in passing a new law to extend the state’s cap-and-trade scheme, a sense of uncertainty lingers for market observers as they await detailed rules from the Air Resources Board.
Read MoreCalifornia lawmakers narrowly approve cap-and-trade extension package in show of bipartisanship
A legislative package to extend California’s landmark cap-and-trade programme was narrowly approved by the state’s Senate and Assembly with bipartisan support on Monday, securing the future of the market until at least 2030.
Read MoreALLCOT’s Voluntary Carbon Market Report – July 2017
Activity in the voluntary offset market has calmed in the last month and prices have stagnated slightly. With western corporates heading into the summer holiday season, activity is expected to remain lacklustre for the next six weeks.
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