CN Markets: Pilot market data for week ending Dec. 7, 2018
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreCOP24: ICAO dodges CORSIA offset decisions as EU aims to keep options open
UN aviation body ICAO has once again postponed decisions on eligible credits and cleaner fuels under its CORSIA global offsetting mechanism, miring it in further uncertainty as the EU takes steps to safeguard its ability to continue regulating flight emissions.
Read MoreCOP24: Developers, NGOs spar over future role of CDM
The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.
Read MoreCN Markets: Pilot market data for week ending Nov. 30, 2018
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreChina builds forest carbon offset portfolio ahead of ETS launch
China has developed almost 100 forest carbon projects that will generate offset credits for the national emissions trading scheme, with a view to expanding the portfolio further, according to a government report.
Read MoreMeeting 2C target requires tripling of NDC emission cut rate -UN report
Countries are going even further off track towards limiting global warming to 2C as emissions began increasing in 2017, according to a UN report that found nations must triple emissions cuts pledged under the Paris Agreement to keep within the temperature limit.
Read MoreGuangdong offset auction clears 44% above secondary market
For the second time in two weeks, Guangdong-issued carbon offsets have sold at auction for well over 40% above secondary permit prices.
Read MoreChina flaunts climate achievements, coy on toughening Paris target
China has already met two of its three climate commitments for 2020 and is in a good position to hit its 2030 goal under the Paris Agreement, officials said Monday, without committing to strengthening those targets.
Read MoreCN Markets: Pilot market data for week ending Nov. 23, 2018
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreGuangdong ETS continues to see offset supply trickle in through auctions
The Guangdong carbon exchange on Tuesday announced another small auction of offsets eligible for use in the provincial emissions trading scheme, with the minimum bid price set at only around half the clearing price of last week’s sale.
Read More