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COP25: Roundup for Thursday, Dec. 12

Published 18:41 on December 12, 2019  /  Last updated at 18:41 on December 12, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Negotiations on the rulebook with International emission trade plodded along in Madrid on Thursday, as slow progress on other elements of operationalising the Paris Agreement solicited fears the UN Climate Summit would once again run well into the weekend.

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COP25: Roundup for Wednesday, Dec. 11

Published 18:01 on December 11, 2019  /  Last updated at 18:15 on December 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The nearly 200 parties to the Paris Agreement on Wednesday dove headfirst into forging an agreement on the market-based Article 6 of the Paris Agreement, while dozens of attendees from environmental and indigenous groups were kicked out by UN security for protesting the slow pace of the talks.

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World Bank-led PAF to hold fourth carbon offset auction on Mar. 3, 2020

Published 17:16 on December 10, 2019  /  Last updated at 17:16 on December 10, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Pilot Auction Facility (PAF) will hold its fourth auction on Mar. 3, 2020 to buy methane emission reduction credits from projects in the developing world, the bank announced Tuesday.

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COP25: Roundup for Tuesday, Dec. 10

Published 11:07 on December 10, 2019  /  Last updated at 23:48 on December 10, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The high-level segment of the UN climate summit kicked off Tuesday as national ministers descended on the Spanish capital, with the Paris Agreement’s market-based Article 6 text still requiring a substantial amount of work. Below is a running summary of those efforts, as well as other happenings at the summit.

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COP25: Growing voluntary carbon market seeks stay from Paris-era rules

Published 22:42 on December 9, 2019  /  Last updated at 23:24 on December 9, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, Voluntary Market  /  1 Comment

The voluntary carbon market is seeking a 5-10 year stay from emissions auditing rules to prevent a collapse in clean investment, a risk some governments say is unfounded and could even slow national climate action.

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COP25: Roundup for Monday, Dec. 9

Published 13:02 on December 9, 2019  /  Last updated at 09:55 on December 10, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

UN climate negotiations in Madrid shift into high gear this week with the arrival of ministers from most of the nearly 200 countries attending the COP25 talks tasked with finalising work on emissions trading rules under the Paris Agreement’s Article 6. Below is a running summary of those efforts, as well as other happenings at the summit.

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COP25: Aviation offset stakeholders hit back at report criticising CORSIA applicants

Published 15:18 on December 7, 2019  /  Last updated at 15:55 on December 7, 2019  /  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

A recent study challenging the carbon credit standards that have applied for the global CORSIA aviation offsetting scheme made questionable interpretations of the programme’s environmental criteria, and also ran counter to UN body ICAO’s own guidance in the process, developers and brokers said Friday.

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COP25: Major powers show signs of compromise on Article 6 -sources

Published 18:48 on December 6, 2019  /  Last updated at 05:17 on December 7, 2019  /  Aviation/CORSIA, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Major powers were showing signs of compromise on negotiating the international emissions trade rulebook under the Paris Agreement’s Article 6 on Friday, boosting prospects that a deal can be reached by the end of next week as UN talks near their halfway point.

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COP25: With the rules still in flux, governments and businesses scramble to pioneer Paris carbon markets

Published 18:47 on December 5, 2019  /  Last updated at 15:52 on December 6, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

Businesses and governments on the sidelines of the Madrid climate talks are busy building the foundations for a Paris era international carbon market and carving out a role for themselves, even as delegates remain gridlocked in negotiations over the rules.

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South Africa finalises offset rules under new national carbon tax

Published 17:23 on December 5, 2019  /  Last updated at 11:23 on December 6, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

The South African government has formalised regulations for the use of offsets under its national carbon tax regime, after making a few last-minute changes based on stakeholder feedback.

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