Voluntary carbon market data from CTX for May 26, 2017
A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.
Read MoreGlobal carbon pricing coalition turns focus to shipping
The World Bank-led Carbon Pricing Leadership Coalition has launched a maritime programme aimed at helping shipping companies adopt internal carbon pricing, smoothing the path for a globally-applied mandatory measure.
Read MoreVoluntary carbon trade tumbles 25% as Paris Agreement clouds future role -report
Trading volume in the voluntary carbon market fell 25% last year and average prices dropped to a record low as companies stalled on offset strategies in the wake of a new global climate agreement that leaves their role in doubt.
Read MoreGreen Climate Fund invites private sector pitches for $500 mln in climate finance
The Green Climate Fund has launched a request for project proposals worldwide from private sector firms to cut carbon emissions or improve climate resilience in developing countries, offering a total $500 million in co-funding.
Read MoreIETA members expect UK exit from EU ETS, but spread of global emissions markets -survey
Six out of 10 respondents in the International Emissions Trading Association’s market sentiment survey expect the UK to drop out of the EU ETS, but most are optimistic that new markets will emerge globally driven by China and the aviation sector.
Read MoreLawyer up: More lawsuits being filed against governments for climate inaction
Lawsuits seeking to hold governments to account for their climate-related commitments are on the rise, with over 650 filed in the US alone – almost three times the number recorded in the rest of the world.
Read MoreValue of world’s carbon pricing schemes edges up year-on-year while govt revenues drop -report
The combined value of the world’s carbon markets and CO2 tax regimes rose by 7% in 2017, with eight new pricing initiatives helping to nearly double the total number over the past five years, but government revenues have dropped by some 15%, according to a new report published Tuesday.
Read MoreCARBON FORWARD 2017: The agenda for this year’s event is taking shape…
Following the immense success of the inaugural Carbon Forward 2016 conference and training day, this year Carbon Forward 2017 will delve deeper into the issues affecting companies with exposure to the EU Emissions Trading System (ETS) and other carbon markets worldwide.
Read MoreFirms face push for transparency on internal carbon pricing -World Bank
Companies may soon have to be more transparent on how rigorously they apply internal carbon pricing amid mounting pressure to address climate risks from regulators and investors, according to the World Bank’s head climate official John Roome.
Read MoreAfter the money dries up, CDM project discontinuation risks vary drastically -study
Some CDM project types face considerably higher risks than others of being discontinued due to the disappearance of carbon offset revenues, a new study shows, threatening to raise CO2 emissions by roughly a billion tonnes in the developing world if the facilities are dismantled.
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