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UN launches 2020 tender to buy 224k Gold Standard CERs

Published 16:22 on July 10, 2020  /  Last updated at 17:58 on July 10, 2020  /  International, Kyoto Mechanisms  /  No Comments

The UN has opened a tender to buy just over 224,000 Gold Standard CERs to offset the organisation’s annual emissions.

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Greens warn against voluntary offset transition without corresponding adjustments

Published 19:09 on July 9, 2020  /  Last updated at 19:09 on July 9, 2020  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The absence of corresponding adjustments on voluntary carbon credit transfers over the next decade risks double counting emission reductions and obscuring climate mitigation progress, environmental organisations argued Thursday.

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German govt launches tender to buy 431k CERs

Published 19:06 on July 8, 2020  /  Last updated at 19:06 on July 8, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 431,300 CERs to offset the emissions from a series of activities including those associated with its EU Council presidency.

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Swiss eye reverse VAT charges on more types of CO2 credits to prevent tax fraud

Published 16:54 on July 3, 2020  /  Last updated at 20:40 on July 3, 2020  /  EMEA, EU ETS, International, Kyoto Mechanisms, Switzerland, Voluntary Market  /  No Comments

Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.

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Australia’s Kyoto Protocol AAU surplus balloons to 430 mln

Published 09:11 on July 1, 2020  /  Last updated at 09:11 on July 1, 2020  /  Asia Pacific, Australia, International, Kyoto Mechanisms  /  No Comments

Australia has amassed a total 430 million surplus Kyoto Protocol units, the government said Wednesday as the nation’s commitments under the treaty ended June 30, more than sufficient to prop up any shortfall in meeting its Paris Agreement targets.

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Australia’s biggest emitter launches carbon neutral product

Published 03:29 on June 30, 2020  /  Last updated at 12:30 on June 30, 2020  /  Asia Pacific, Australia, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

Australia’s biggest emitter on Tuesday announced the launch of a carbon neutral electricity product that will offer offset-backed power to customers, and it plans to roll out similar options across its entire product portfolio.

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US threatens CORSIA exit if GHG baseline decision not made next week

Published 20:17 on June 26, 2020  /  Last updated at 21:51 on June 26, 2020  /  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

The US will opt out of the first three years of the CORSIA offset mechanism for global air travel if other countries do not agree to alter the programme’s emissions baseline next week, with other nations potentially following suit, a Dutch minister said Friday.

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Pandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey

Published 08:00 on June 23, 2020  /  Last updated at 17:16 on June 24, 2020  /  Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's National ETS, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The COVID-19 pandemic is likely to weigh on ETS prices worldwide for the next two years, with price expectations for the coming decade also dropping, according to an annual survey of carbon market participants and observers published on Tuesday.

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Market stability mechanisms both a necessity and deterrent to ETS linking -study

Published 22:15 on June 22, 2020  /  Last updated at 01:22 on June 23, 2020  /  Americas, Asia Pacific, Carbon Taxes, China's National ETS, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Mechanisms that help manage unexpected shocks in emissions trading schemes are a necessary consideration when weighing the linking of two carbon markets, however existing ones can also act as a deterrent to connecting systems, according to a study released late Friday.

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Eyeing voluntary market split, Gold Standard seeks firm line on Paris-era offsetting

Published 18:07 on June 19, 2020  /  Last updated at 06:26 on June 20, 2020  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Offset certifier Gold Standard plans to differentiate post-2020 vintage carbon credits depending on whether host nations make corresponding adjustments to their emissions inventories, a firm line that may force offset buyers to drastically rethink their voluntary climate strategies.

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