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China awaits clarity on methodologies for nature-based solutions, observers say

Published 10:57 on August 10, 2022  /  Last updated at 11:05 on August 10, 2022  /  China, China's Offset Market, Nature-based  /  No Comments

Chinese observers are awaiting more policy clarity on the methodologies used for nature-based solutions, despite new development projects springing up across the country.

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China exporters likely to face rising costs from EU’s border measures -report

Published 09:45 on August 9, 2022  /  Last updated at 09:45 on August 9, 2022  /  Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Chinese exporters are likely to experience considerable cost pressure from the world’s first levy on carbon imports, the EU’s carbon border adjustment mechanism (CBAM), as China’s domestic emissions trading scheme is not ripe yet, a report has found.

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VCM Report: Standard offset prices pick up to close gap to bespoke market

Published 18:53 on August 8, 2022  /  Last updated at 21:06 on August 8, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, South Korea, Switzerland, Uncategorized, US, Voluntary Market  /  No Comments

The market turned a corner at the end of the week, with standard offsets prices jumping higher to close the gap on a bespoke market that has been more successful in resisting the bearish trend.

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Chinese firms seek CDM crediting for hydrogen infrastructure

Published 11:36 on August 8, 2022  /  Last updated at 11:36 on August 8, 2022  /  China, China's Offset Market, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

A Chinese hydrogen company has teamed up with the country’s biggest state-owned wind power producer and main carbon exchange to register a new hydrogen baseline and monitoring carbon crediting methodology under the CDM.

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Guangdong’s financial regulator backs carbon futures plans

Published 10:00 on August 8, 2022  /  Last updated at 10:00 on August 8, 2022  /  China, China's National ETS, China's Pilot Markets  /  No Comments

The Guangdong provincial government has asked local departments to collaborate on the introduction of carbon futures, though timelines for a potential product launch remain unclear.

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ANALYSIS: Energy, industrial, and aviation firms tend to pay below-average for carbon credits

Published 14:47 on August 5, 2022  /  Last updated at 15:38 on August 5, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, US, Voluntary Market  /  No Comments

Companies active in the energy, heavy industry, and aviation sectors tend to pay below-average for their carbon offsets, according to retirement data collated by a climate analytics firm, while car manufacturers and tech firms have historically purchased credits at a higher price than most others.

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China’s environmental regulator rejects company plea over emission data fraud accusations

Published 14:08 on August 5, 2022  /  Last updated at 14:08 on August 5, 2022  /  Bavardage, China, China's National ETS, China's Offset Market  /  No Comments

China’s environment ministry has rejected complaints by one of the four verifiers that were named and shamed earlier this year for ETS data falsification, that the government had exaggerated its claims.

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China suspends US climate talks after Pelosi Taiwan visit

Published 13:26 on August 5, 2022  /  Last updated at 18:35 on August 6, 2022  /  Americas, Asia Pacific, China, Climate Talks, International, US  /  No Comments

China on Friday said it would cancel or suspend a number of bilateral processes with the US in response to Speaker of the House Nancy Pelosi’s visit to Taiwan this week, including the two nations’ cooperation on climate change issues.

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CN Markets: CEA trade remains slow, though CCER liquidity sustained

Published 10:17 on August 5, 2022  /  Last updated at 14:14 on August 5, 2022  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Chinese carbon allowance prices dropped over the past week with evaporated trading volumes amid lukewarm interest, while the offset market posted relatively abundant liquidity during the period.

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FEATURE: Scramble for arms to threaten global net zero goals

Published 18:54 on August 4, 2022  /  Last updated at 13:33 on August 5, 2022  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, Paris Article 6, US  /  No Comments

The escalation of war in Europe and in other regions may hamper efforts to slash planet-warming gases, as newly beefed-up defence spending risks driving sectoral emissions to record highs.

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