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South Pole eyes acquisitions, expansion after Liechtenstein fund acquires 10% stake

Published 08:00 on April 19, 2021  /  Last updated at 10:58 on April 19, 2021  /  Americas, Asia Pacific, Bavardage, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Offset developer and consultancy South Pole is targeting rapid expansion this year after an impact fund owned by the Liechtenstein royal family acquired a 10% stake in the business.

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UPDATE – AirCarbon Exchange launches nature-based offsets contract, as rival sees its own first trade

Published 09:50 on April 16, 2021  /  Last updated at 00:55 on April 17, 2021  /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Singapore-based AirCarbon Exchange (ACX) on Friday announced it has introduced a new contract for carbon credits from nature-based projects, as rival bourse Xpansiv cleared the inaugural trade of its similar offset product. 

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Canadian ETF provider seeks approval for carbon neutral North American blue chip index funds

Published 23:45 on April 14, 2021  /  Last updated at 00:47 on April 15, 2021  /  Americas, Bavardage, Canada, International, US, Voluntary Market  /  No Comments

A Canadian ETF provider has applied to introduce a series of funds that track major North American equity indexes while offsetting a portion of the emissions of the constituent companies.

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France’s Saint-Gobain launches employee-led internal carbon fund to cut CO2, invest in new projects

Published 12:28 on April 14, 2021  /  Last updated at 12:28 on April 14, 2021  /  Americas, Bavardage, EMEA, EU ETS, International, US, Voluntary Market  /  No Comments

France’s Saint-Gobain has launched an internal carbon fund to incentivise employees to cut the building materials manufacturer’s emissions, while monetising some of those actions to fund new abatement initiatives within the firm.

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Commodities trader Trafigura opens carbon trading desk as it delves into global offset market

Published 14:43 on April 9, 2021  /  Last updated at 14:43 on April 9, 2021  /  Americas, Asia Pacific, Bavardage, EMEA, EU ETS, International, Other APAC, Shipping, Switzerland, US, Voluntary Market  /  No Comments

Commodities trader Trafigura has formally opened a carbon trading desk, the Singapore-headquartered firm announced Friday, as it ventures into the growing global offset market.

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Two US men sentenced in carbon credit investor fraud scheme

Published 17:43 on April 7, 2021  /  Last updated at 17:43 on April 7, 2021  /  Americas, Bavardage, Canada, International, US, Voluntary Market  /  No Comments

A US federal judge sentenced on Tuesday two Georgia men that orchestrated a WCI-linked carbon credit scandal, defrauding individuals from more than $1 million in the process.

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EU ETS registry, transaction log to go offline for maintenance, upgrade on May 3

Published 16:54 on April 7, 2021  /  Last updated at 22:39 on April 7, 2021  /  Bavardage, EMEA, EU ETS  /  No Comments

The EU’s emissions trading registry and transaction log will be temporarily suspended on May 3 for technical maintenance and a software upgrade, the European Commission announced Wednesday.

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Stricken steelmaker Liberty faces €100 mln EU carbon bill -FT

Published 15:00 on April 6, 2021  /  Last updated at 15:00 on April 6, 2021  /  Bavardage, EMEA, EU ETS, UK ETS  /  No Comments

Beleaguered UK-based Liberty Steel faces paying more than €100 million to buy enough EU carbon allowances to cover its 2020 compliance, the FT reported on Tuesday, citing anonymous sources.

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Value of US carbon allowance ETFs tops $100 mln as investor interest heats up

Published 17:46 on April 1, 2021  /  Last updated at 21:21 on April 1, 2021  /  Americas, Aviation/CORSIA, Bavardage, Canada, China, EMEA, EU ETS, International, Kyoto Mechanisms, Switzerland, UK ETS, US  /  No Comments

The combined value of the two US-listed carbon allowance ETFs has topped $100 million while daily trading volumes surge, as investors continue to swarm into the fast-growing asset class.

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Ever Given-inspired Greek startup floats carbon offset scheme from disrupted ships, planes

Published 08:31 on April 1, 2021  /  Last updated at 18:29 on April 1, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Bavardage, Canada, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

A new Greek startup, inspired by the beached cargo ship that briefly blocked the Suez Canal, is floating the idea of generating carbon offsets from the incident and other similar events that feature disruptions to global trade or transport, including the movement of fossil fuels.

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