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COMMENT: Seeing the forest for the trees – How companies and countries can meet the challenge of REDD+

Published 18:07 on August 10, 2022  /  Last updated at 18:29 on August 10, 2022  /  Climate Talks, Conversations, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Views, Voluntary Market  /  No Comments

It is possible to scale the carbon markets fast and well, argues Carbon Growth Partners’ Charles Bedford. To do so, companies must stay focused on project quality, and countries must collaborate better.  

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Australia Market Roundup: Commonwealth Bank outlines sectoral emissions roundup, as ACCU issuance slides

Published 12:48 on August 10, 2022  /  Last updated at 13:23 on August 10, 2022  /  Asia Pacific, Australia, Kyoto Mechanisms  /  No Comments

Australia’s Commonwealth Bank on Wednesday set targets for reducing its financed emissions in some carbon intensive sectors, while the weekly number of newly minted Australian Carbon Credit Units (ACCUs) fell to around 300,000.

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Indian carbon developer EKI share price drops on confusion over carbon credit export ban

Published 11:45 on August 10, 2022  /  Last updated at 19:55 on August 10, 2022  /  Asia Pacific, International, Kyoto Mechanisms, Other APAC, Paris Article 6, Voluntary Market  /  No Comments

The share price of Indian carbon offset developer EKI Energy Services slumped by nearly 20% on Wednesday in the fallout from India’s energy minister stating that the country would not export any carbon credits until it has met its international climate commitments.

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UPDATE – Minister says India will not export carbon credits as parliament passes crucial bill

Published 04:12 on August 9, 2022  /  Last updated at 19:28 on August 9, 2022  /  Asia Pacific, International, Kyoto Mechanisms, Other APAC, Paris Article 6, Voluntary Market  /  No Comments

As the Indian parliament on Monday evening passed the bill establishing a domestic voluntary carbon market, Energy Minister Raj Kumar Singh said carbon credits will not be eligible for exports, but did not specify if the restrictions were limited to offsets generated under the new mechanism.

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Chinese firms seek CDM crediting for hydrogen infrastructure

Published 11:36 on August 8, 2022  /  Last updated at 11:36 on August 8, 2022  /  China, China's Offset Market, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

A Chinese hydrogen company has teamed up with the country’s biggest state-owned wind power producer and main carbon exchange to register a new hydrogen baseline and monitoring carbon crediting methodology under the CDM.

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ANALYSIS: Energy, industrial, and aviation firms tend to pay below-average for carbon credits

Published 14:47 on August 5, 2022  /  Last updated at 15:38 on August 5, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, US, Voluntary Market  /  No Comments

Companies active in the energy, heavy industry, and aviation sectors tend to pay below-average for their carbon offsets, according to retirement data collated by a climate analytics firm, while car manufacturers and tech firms have historically purchased credits at a higher price than most others.

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FEATURE: Scramble for arms to threaten global net zero goals

Published 18:54 on August 4, 2022  /  Last updated at 13:33 on August 5, 2022  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, Paris Article 6, US  /  No Comments

The escalation of war in Europe and in other regions may hamper efforts to slash planet-warming gases, as newly beefed-up defence spending risks driving sectoral emissions to record highs.

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ANALYSIS: Significant work remains following first Article 6.4 Supervisory Body meeting

Published 17:00 on August 2, 2022  /  Last updated at 17:00 on August 2, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, US, Voluntary Market  /  No Comments

The appointed body overseeing the UN’s new carbon crediting mechanism met for the first time last week to hammer out an agreement on several procedural elements crucial to advance Article 6.4, but left much to be done ahead of a targeted end-2023 timeline for trading to begin.

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VCM Report: Bear market continues as GEO price slumps close to CDM offsets

Published 17:44 on August 1, 2022  /  Last updated at 06:59 on August 2, 2022  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon offset (VCM) prices slipped lower at the start of the week and then stabilised amid very thin liquidity with some standardised emissions reduction contracts trading only slightly above Clean Development Mechanism (CDM) credits, while nature-based credits continued to command a healthy premium.

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FEATURE: Huge looming REDD+ issuance sparks unease in voluntary carbon market

Published 15:10 on July 29, 2022  /  Last updated at 03:50 on July 30, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A massive REDD+ carbon credit issuance expected in the coming months has sparked unease from some experts that say the tens of millions of forest protection units are not fit for the voluntary market, while the willingness of buyers to support the efforts remains in the balance.

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