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COP25: Roundup for Wednesday, Dec. 11

Published 18:01 on December 11, 2019  /  Last updated at 18:15 on December 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The nearly 200 parties to the Paris Agreement on Wednesday dove headfirst into forging an agreement on the market-based Article 6 of the Paris Agreement, while dozens of attendees from environmental and indigenous groups were kicked out by UN security for protesting the slow pace of the talks.

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COP25: UN’s CORSIA advisory panel to make aviation offset recommendations in January

Published 13:03 on December 11, 2019  /  Last updated at 13:06 on December 11, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

An ICAO technical advisory panel is slated to make recommendations in January over which of the initial 14 global offset programme applications should be eligible to supply the UN aviation body’s CORSIA market starting in 2021, with sources suggesting that any ultimate decisions by member states may not be clear cut.

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COP25: Governments put up $100 mln for next phase of carbon pricing tech support

Published 16:47 on December 10, 2019  /  Last updated at 16:47 on December 10, 2019  /  Climate Talks, International  /  No Comments

Several rich-nation governments have pledged a total of $100 million to extend through 2030 and revamp the World Bank-led PMR carbon pricing technical support facility for emerging economies.

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COP25: Washington governor targets renewed LCFS push in 2020, neutral on ETS

Published 16:40 on December 10, 2019  /  Last updated at 16:40 on December 10, 2019  /  Americas, Canada, Climate Talks, RINs & LCFS, US  /  No Comments

Washington Governor Jay Inslee (D) intends to once again back a low-carbon fuel standard (LCFS) during the 2020 legislative session, but his administration will not endorse a state senator’s WCI-modelled cap-and-trade bill, an advisor told Carbon Pulse on the sidelines of the UN climate summit Tuesday.

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COP25: Roundup for Tuesday, Dec. 10

Published 11:07 on December 10, 2019  /  Last updated at 23:48 on December 10, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The high-level segment of the UN climate summit kicked off Tuesday as national ministers descended on the Spanish capital, with the Paris Agreement’s market-based Article 6 text still requiring a substantial amount of work. Below is a running summary of those efforts, as well as other happenings at the summit.

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COP25: Growing voluntary carbon market seeks stay from Paris-era rules

Published 22:42 on December 9, 2019  /  Last updated at 23:24 on December 9, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, Voluntary Market  /  1 Comment

The voluntary carbon market is seeking a 5-10 year stay from emissions auditing rules to prevent a collapse in clean investment, a risk some governments say is unfounded and could even slow national climate action.

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COP25: Roundup for Monday, Dec. 9

Published 13:02 on December 9, 2019  /  Last updated at 09:55 on December 10, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

UN climate negotiations in Madrid shift into high gear this week with the arrival of ministers from most of the nearly 200 countries attending the COP25 talks tasked with finalising work on emissions trading rules under the Paris Agreement’s Article 6. Below is a running summary of those efforts, as well as other happenings at the summit.

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COP25: Chile ETS study, CO2 tax changes may stall as beleaguered gov’t changes tack on climate action

Published 19:29 on December 8, 2019  /  Last updated at 19:31 on December 8, 2019  /  Americas, Carbon Taxes, Climate Talks, REDD, South & Central, US, Voluntary Market  /  No Comments

Plans for a Chilean cap-and-trade programme and the passage of carbon tax reforms may stall as the country’s beleaguered government rolls out a sweeping economic recovery plan and backtracks on other its other climate action efforts in response to mass protests over living costs.

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Australia says will overachieve on Paris target after ramping up Kyoto carryovers

Published 15:20 on December 7, 2019  /  Last updated at 15:35 on December 7, 2019  /  Asia Pacific, Australia, Climate Talks, International  /  No Comments

Australia has released new emission projections with revised historical GHG data, increasing the amount of AAU carryovers it might use for its Paris Agreement target and putting it on track to exceed its international commitments.

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COP25: Aviation offset stakeholders hit back at report criticising CORSIA applicants

Published 15:18 on December 7, 2019  /  Last updated at 15:55 on December 7, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A recent study challenging the carbon credit standards that have applied for the global CORSIA aviation offsetting scheme made questionable interpretations of the programme’s environmental criteria, and also ran counter to UN body ICAO’s own guidance in the process, developers and brokers said Friday.

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