Latest

New UN Article 6 text emerges to raise hopes of emission trade deal this year

Published 17:53 on June 25, 2019  /  Last updated at 10:48 on June 26, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The UN produced a new draft text on rules covering international emissions trade on Tuesday, after governments broke a deadlock that some observers said raises the prospects for a deal later this year on the Paris Agreement’s divisive Article 6.

Read More
Latest

EU emitters up Kyoto offset usage as high EUA prices bite, deadline nears

Published 12:44 on June 19, 2019  /  Last updated at 21:11 on June 19, 2019  /  EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Companies regulated by Europe’s carbon market have exchanged almost 16 million Kyoto Protocol offsets for EU Allowances in the past six months, significantly ramping up the practice as EUA prices hit an 11-year high and as the usage deadline approaches.

Read More
Latest

UK set to host 2020 UN climate talks after Italy backs bid

Published 16:43 on June 18, 2019  /  Last updated at 19:32 on June 18, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD  /  No Comments

The British and Italian governments have agreed to partner on a proposal to co-host the 2020 UN climate talks, clearing the way for the UK to host the main summit, known as COP26.

Read More
Latest

China lays foundation for voluntary carbon market

Published 11:57 on June 17, 2019  /  Last updated at 13:55 on June 17, 2019  /  China, China's National ETS, China's Offset Market, China's Pilot Markets, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

China has for the first time laid out rules for carbon neutralising major events and activities, including defining which types of carbon credits would be eligible, a first step towards creating a voluntary GHG market in the world’s biggest-emitting nation.

Read More
Latest

Voluntary carbon market stakes claim to thrive in Paris era

Published 21:32 on June 14, 2019  /  Last updated at 22:05 on June 14, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Entities should be able to continue buying voluntary carbon credits in the Paris Agreement era, though exactly how those claims will be reflected is still up for debate, a cross-stakeholder group has said.

Read More
Latest

BY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading

Published 14:08 on June 14, 2019  /  Last updated at 21:51 on June 14, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.

Read More
Latest

EU airlines face CORSIA uncertainty as states order MRV rule re-write

Published 21:18 on June 13, 2019  /  Last updated at 21:18 on June 13, 2019  /  Aviation, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

EU airlines are being advised to continue monitoring their 2019 international flight emissions despite a lack of rules to govern the process due to bureaucratic delays.

Read More
Latest

UPDATE – UNEP touts limited role of offsets, questions ‘one-for-one’ approach

Published 21:51 on June 10, 2019  /  Last updated at 13:44 on June 12, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Carbon offset credits should only play a transitional role in meeting Paris Agreement goals and the use of such credits may be drawing to a close, UN Environment said Monday.

Read More
Latest

ICAO targets Feb. 2020 for first CORSIA offset unit recommendations

Published 19:12 on June 10, 2019  /  Last updated at 19:12 on June 10, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The expert panel for UN body ICAO’s CORSIA programme is aiming to make recommendations by Feb. 2020 on eligible credit types, coming less than a year before the start of the global aviation offsetting scheme’s pilot phase.

Read More
Latest

Korean firms eye Myanmar mangrove CDM project

Published 11:55 on June 10, 2019  /  Last updated at 14:34 on June 15, 2019  /  Asia Pacific, International, Kyoto Mechanisms, Other APAC, South Korea  /  No Comments

South Korean state-owned power company KEPCO and trading firm Ecoeye are investing in a mangrove forest project in Myanmar that will be registered under the CDM and generate offsets eligible in the Korean emissions trading scheme.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close