ECOSYSTEM MARKETPLACE: In Katowice, indigenous leaders call for wider uptake of REDD+
“RIA lives!” said Peruvian indigenous leader Fermín Chimatani Tayori, referring to a private-public partnership called “Amazon Indigenous REDD+”, an eight-year effort to develop protocols and projects that use carbon finance to support indigenous development plans called “Life Plans” (Planes de Vida).
Read MoreCOMMENT – Unwanted exercise and ‘pin risk’: A primer for EUA options expiry’s other risks
*FREE READ* – There are hundreds of millions of tonnes in open interest across the Dec-18 EUA options. Beyond spawning more volatility, options trading veteran Tobias Munk says this massive build-up may yield additional risks in the form of unwanted exercises and ‘pin risk’ ahead of next week’s expiry.
Read MoreECOSYSTEM MARKETPLACE: Corruption, poor enforcement hamper global efforts to end deforestation
Zanzibar’s Masingini Natural Forest Reserve provides drinking water for much of the island and habitat for dozens of rare and endangered species, but its forests are being illegally clear-cut. Meanwhile, in the Brazilian Amazon, the “lungs of the planet”, recent satellite images show 7900 square km of illegal deforestation in just the last year. Isolated transgressions? Hardly.
Read MoreECOSYSTEM MARKETPLACE: Oil palm, the prodigal plant, is coming home to Africa – What does that mean for forests?
Western and Central Africa have been cultivating oil palm for millennia, though the big money is flowing into Indonesia and Malaysia, which produce more than 80% of the world’s palm oil supply. Now Indonesian and Malaysian palm oil companies are expanding into African regions, and environmentalists are worried that could accelerate deforestation.
Read MoreCOMMENT: Paris goals can only be achieved in time with robust bottom-up action
Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.
Read MoreBOOK – Designing Climate Solutions: A Policy Guide for Low-Carbon Energy
Designing Climate Solutions: A Policy Guide for Low-Carbon Energy combines the latest research and analysis on low-carbon energy solutions from electric vehicles to renewable energy. It is the first book to identify which specific policies, applied to the top 20 most-emitting countries, can have the largest potential impact to reduce emissions enough for a 50% chance of keeping global warming to a safe level.
Read MoreANNOUNCEMENT: UK to exit EU ETS under ‘no deal’ Brexit, says govt
The UK will be excluded from participating in the EU ETS under a ‘no deal’ Brexit scenario, the government announced late on Friday.
Read MoreFOREST TRENDS: How blockchain can make carbon markets more accessible
As more companies and individuals are looking for tools to mitigate their impact on climate change, the idea of utilizing blockchain technology has been on the forefront of many conversations. It is one of the building blocks behind cryptocurrency and companies are looking to utilize blockchain technology as a means to streamline the development and sale of carbon credits.
Read MoreCOMMENT: Saskatchewan, Ontario and the constitutionality of a national carbon price
Having now each filed in court their arguments against the Canadian federal carbon price, Saskatchewan and Ontario have revealed their hands and their arguments are weak, writes Nathalie Chalifour, an associate professor at the Faculty of Law, University of Ottawa and a member of the Royal Society of Canada’s College of New Scholars.
Read MoreCOMMENT: Why NZ’s ETS should have an auction reserve price
Emission prices have since recovered but no one knows if this will last. With consultation underway on improving the New Zealand Emissions Trading Scheme (NZ ETS), the government should seriously consider a “price floor” to rebuild confidence in low-emission investment.
Read More