Kyoto Mechanisms

South Africa extends first carbon tax phase while increasing future price trajectory, offset usage limits

Published 23:59 on February 24, 2022 / Last updated at 14:35 on March 3, 2022 / Africa, Carbon Taxes, CBAM, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

South Africa has extended the first phase of its carbon tax regime, prolonging the availability of transitional support measures while accelerating future raises in the levy and increasing offset usage limits.

Ukraine crisis to weigh on VER prices as buyers step back -traders

Published 19:22 on February 24, 2022 / Last updated at 19:22 on February 24, 2022 / Ben Garside / Africa, Americas, Asia Pacific, Aviation/CORSIA, China, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

Voluntary emissions reduction (VER) prices are likely to come under pressure as buyers step away from the market amid huge uncertainties thrown up by Russia’s invasion of Ukraine, an online panel heard on Thursday.

Verra’s nature carbon lead joins developer South Pole

Published 14:58 on February 23, 2022 / Last updated at 15:32 on February 23, 2022 / Ben Garside / Americas, Aviation/CORSIA, Bavardage, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Switzerland, US, Voluntary

One of the most senior staffers at standards body Verra is joining South Pole, with the offset developer and consultancy looking to broaden its technology-focused portfolio into nature as part of an ongoing expansion.

VCM Report: CORSIA-grade VERs hit four-month lows, nature-based credits extend slide

Published 20:52 on February 21, 2022 / Last updated at 21:15 on February 21, 2022 / Ben Garside / Africa, Americas, Asia Pacific, Aviation/CORSIA, China, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

Voluntary emissions reduction (VER) prices on standardised, exchange-traded contracts plumbed multi-month lows this week, with traders citing a correction for last year’s bull run and adjusted vintage rules for a nature-based contract as reasons for the sell off.

ANALYSIS: A good vintage? The voluntary carbon market’s longevity problem

Published 17:05 on February 18, 2022 / Last updated at 17:05 on February 18, 2022 / Katherine Monahan / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, 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

The voluntary carbon market’s (VCM) effectiveness as a force in climate action is being called into question, with more than half of credits retired in 2021 representing emissions cuts made more than five years earlier.

South Pole buys Swedish consultancy to add to its European acquisitions

Published 19:29 on February 15, 2022 / Last updated at 19:29 on February 15, 2022 / Ben Garside / EMEA, Kyoto Mechanisms, Nature-based, Paris Article 6, Switzerland, Voluntary

Offset developer and consultancy South Pole has bought a Swedish consultancy, it said on Tuesday, the latest of its acquisitions as it aims to keep pace with the rapid growth in corporate climate action.

VCM Report: Nature-based VERs continue slide, with CORSIA units firmer

Published 19:27 on February 14, 2022 / Last updated at 20:38 on February 14, 2022 / Roy Manuell / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, EMEA, International, Kyoto Mechanisms, Middle East, Paris Article 6, US, Voluntary

Exchange-traded prices for standardised nature-based voluntary emissions reduction (VER) contracts fell for the third consecutive week, while CORSIA-eligible contracts retained greater resilience with talk of a major deal propping up prices.

ANALYSIS: As higher VER prices become the new reality, voluntary players change tack

Published 08:00 on February 11, 2022 / Last updated at 09:27 on February 12, 2022 / Matthew Lithgow / Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, South Korea, US, Voluntary

The surge in pricing for voluntary emissions reductions (VERs) over the past year has caused voluntary carbon market (VCM) participants to reassess their trading strategies, as buyers alter procurement methods and preferences while developers and intermediaries adjust to dwindling credit supply.

VCM Report: Nature-based VER prices slip following N-GEO eligibility announcement

Published 20:55 on February 7, 2022 / Last updated at 20:55 on February 7, 2022 / Ben Garside / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

Prices for standardised nature-based voluntary emissions reduction (VER) contracts fell for the second straight week last week, as traders said future adjustments to Xpansiv market CBL’s Nature-Based Global Emissions Offset (N-GEO) eligibility led participants to shed credits.

VCM Report: Nature-based VER prices ease from record highs but remain robust

Published 20:17 on January 31, 2022 / Last updated at 20:17 on January 31, 2022 / Ben Garside / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

Standardised nature-based voluntary emissions reduction (VER) prices eased back from record levels this week as some participants flagged a potential pause in the market’s consistent upward rally.

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