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CDM hits dual milestones ahead of UN carbon offset scheme’s potential conclusion

Published 22:53 on October 11, 2019  /  Last updated at 22:53 on October 11, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

The UN’s Clean Development Mechanism (CDM) passed two noteworthy milestones this month, as countries prepare to determine whether to wind up the project-based carbon finance programme.

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EU nations scrambling to halt rising illegal trade in super-pollutants

Published 20:32 on October 11, 2019  /  Last updated at 07:29 on October 12, 2019  /  China, Climate Talks, EMEA, International, New Market Mechanisms  /  No Comments

The EU is battling to curb surging illegal imports in potent Chinese-made F-gases, with smugglers set to bring in products this year with more global warming impact than the greenhouse gas emissions of a mid-sized European country.

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Tax CO2 from largest emitters $75/t by 2030 to avoid 2C temperature rise, says IMF

Published 01:22 on October 11, 2019  /  Last updated at 01:38 on October 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

A global temperature rise of 2 degrees C could be avoided if large emitting countries collectively adopt a carbon tax of $75/tonne by 2030, as well as other ambitious actions, according to a report by the International Monetary Fund.

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Shell expands carbon neutral driving offer to UK with land offsets

Published 13:02 on October 10, 2019  /  Last updated at 14:06 on October 10, 2019  /  Americas, Asia Pacific, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Oil major Shell will offer British drivers the chance to offset their carbon footprint, it said on Thursday, expanding from its Dutch initiative as part of a global commitment to invest $300 million in land-based emissions-curbing initiatives.

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Former Polish Environment Minister Szyszyko passes away

Published 10:09 on October 10, 2019  /  Last updated at 10:09 on October 10, 2019  /  Bavardage, Climate Talks, EMEA, EU ETS, International  /  No Comments

Poland’s former Environment Minister Jan Szyszko died on Wednesday at the age of 75, the government announced.

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German cabinet approves tweaked climate package, sending it to parliament

Published 22:47 on October 9, 2019  /  Last updated at 23:37 on October 9, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Germany’s ministerial cabinet on Wednesday approved the government’s new €54 billion climate plan after making a few tweaks, sending the proposals to tackle non-EU ETS emissions for passage by parliament and state lawmakers.

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New Zealand PM firm on need for agriculture emission cuts amid ETS talks

Published 13:14 on October 9, 2019  /  Last updated at 23:58 on October 9, 2019  /  Asia Pacific, International, New Zealand  /  No Comments

New Zealand Prime Minister Jacinda Ardern on Wednesday reiterated the need to reduce carbon emissions from agriculture and the opportunities such action might bring, speaking amid a domestic row that is delaying plans for how to bring the sector into the NZ emissions trading scheme.

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Article 6 failure at COP25 could force bilateral carbon market links, experts say

Published 04:23 on October 9, 2019  /  Last updated at 00:48 on October 10, 2019  /  Asia Pacific, Australia, Climate Talks, International, New Zealand, Other APAC  /  No Comments

Failure to agree on rules for Article 6 at this year’s UN climate talks in Chile could see countries like Australia and New Zealand forging their own bilateral links to get access to the international credits they need to fulfil their Paris Agreement pledges, market experts warned Wednesday.

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London-based carbon investment firm assembles expert team ahead of fund launch

Published 15:35 on October 8, 2019  /  Last updated at 15:37 on October 8, 2019  /  Americas, Asia Pacific, Bavardage, Canada, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, RINs & LCFS, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A London-based investment management firm has appointed a cast of carbon trading industry veterans as staff and advisors as it prepares to launch a global environmental markets fund.

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Low-cost EU airline emissions dive in September

Published 17:37 on October 7, 2019  /  Last updated at 17:37 on October 7, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Two of Europe’s biggest low-cost airlines posted a month-on-month decline in their carbon emissions in September.

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