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ECOSYSTEM MARKETPLACE: In Bonn, progress on markets hampered by gridlock on everything else

Published 14:42 on November 20, 2017  /  Last updated at 14:42 on November 20, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Views, Voluntary Market  /  No Comments

The Americas aren’t named for Christopher Columbus, but for his map-maker, Amerigo Vespucci, who first figured out that Brazil is a pretty big part of the New World – something to keep in mind as climate negotiators sketch out the map for implementing the Paris Agreement.

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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: UN negotiators get ahead of themselves in Bonn CO2 trade talks

Published 18:00 on November 17, 2017  /  Last updated at 18:26 on November 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement edged ahead of other strands of the UN climate talks over two weeks in Bonn, boosting confidence that countries and companies seeking to use international CO2 deals will have rules in place well ahead of the pact’s 2020 start.

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COP23: Spotlight on questionable CDM projects brings Brazil’s split carbon market views to fore

Published 22:39 on November 16, 2017  /  Last updated at 23:36 on November 16, 2017  /  Americas, International, Kyoto Mechanisms, REDD, South & Central  /  No Comments

Three Brazilian hydro projects owned by state-owned energy company Eletrobras could generate nearly 170 million environmentally dubious CERs by 2030, climate campaigners have claimed, raising questions over the government’s continued support for the CDM while snubbing REDD-based offsets.

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COP23: Kyoto rule could complicate CORSIA’s CDM sourcing -expert

Published 17:02 on November 13, 2017  /  Last updated at 21:13 on November 13, 2017  /  Aviation, Climate Talks, International, Kyoto Mechanisms  /  No Comments

UN aviation body ICAO is expected to allow the use of UN-issued CDM carbon credits under its CORSIA offset scheme, but those plans might face complications as approval under the UNFCCC or an amendment to the Kyoto Protocol might be necessary, an expert said Monday.

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COP23: NAMA Facility launches biggest-ever funding call as UK puts up more cash for poorer nations

Published 12:16 on November 13, 2017  /  Last updated at 16:24 on November 13, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, South & Central  /  No Comments

The NAMA Facility launched its fifth funding call seeking applications from carbon-cutting projects in the developing world, as  EU donors collectively provided a record €85 million as they see the mitigation mechanism transitioning into the Paris-era.

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COP23: German government launches tender to buy 82k CERs to offset summit

Published 21:10 on November 10, 2017  /  Last updated at 21:17 on November 10, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 82,000 “high-quality” CERs, preferably from projects in small island developing states (SIDS), to offset emissions stemming from the UN climate summit it is co-hosting in Bonn.

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COP23: Voluntary carbon market seeks role in driving Paris Agreement ambition

Published 17:08 on November 10, 2017  /  Last updated at 20:30 on November 10, 2017  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Businesses involved in the voluntary carbon market face a crossroads under the Paris Agreement and are reaching out to other stakeholders at this month’s UN climate talks to help determine their future.

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CORRECTED – COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

Published 14:30 on November 10, 2017  /  Last updated at 09:49 on November 15, 2017  /  Africa, Americas, Asia Pacific, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).

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COP23: Costa Rica considering international CO2 credit purchases to meet its Paris goals

Published 18:16 on November 9, 2017  /  Last updated at 18:17 on November 9, 2017  /  Americas, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Costa Rica is considering buying international credits to help meet its Paris emissions goal as some of its remaining abatement options may be too costly, according to a government official.

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