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COMMENT: Paris goals can only be achieved in time with robust bottom-up action

Published 23:09 on November 6, 2018  /  Last updated at 23:09 on November 6, 2018  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.

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UN opens tender to buy 141k Gold Standard CERs

Published 12:34 on October 30, 2018  /  Last updated at 12:34 on October 30, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.

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Tense GCF board approves over $1 billion in new climate funding

Published 16:55 on October 19, 2018  /  Last updated at 13:47 on October 22, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, US  /  No Comments

The Green Climate Fund (GCF) board has approved more than $1 billion in new project funding, including funds for a trimmed down version of a controversial Bahraini project, at an often combative four-day meeting that highlighted the ongoing deep divide between developed and developing countries.

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EBRD proposes to extend shadow carbon price beyond coal

Published 22:37 on September 26, 2018  /  Last updated at 22:38 on September 26, 2018  /  Africa, EMEA, International, Middle East  /  No Comments

European development bank EBRD is proposing to extend its shadow price of carbon beyond coal to all its energy investments over the next five years, which are mainly in eastern Europe and north Africa, it said Wednesday.

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ICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out

Published 00:37 on June 28, 2018  /  Last updated at 23:38 on December 4, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.

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Germany, World Bank gear up for €20m N2O offset auction

Published 17:49 on June 5, 2018  /  Last updated at 10:46 on June 6, 2018  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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By the numbers: Kyoto offset use in the EU ETS since 2014

Published 17:58 on May 11, 2018  /  Last updated at 11:05 on May 14, 2018  /  China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central  /  No Comments

Fossil fuel-based projects in developing and eastern European countries have been the largest individual beneficiaries from selling offsets to emitters in the EU ETS since 2014, while more than 75% of the credits came from just two countries.

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Pedal power: UN approves plans to allow bike lanes, sharing schemes to earn carbon credits

Published 23:55 on April 30, 2018  /  Last updated at 23:55 on April 30, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Projects that facilitate the use of bicycles in developing nations, including installing bike lanes and parking lots and implementing bike-sharing programmes, now qualify for carbon credits, a UN panel has decided.

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Turkey’s coal-stacked bank Garanti plans to raise its shadow carbon price

Published 21:04 on April 25, 2018  /  Last updated at 21:04 on April 25, 2018  /  Carbon Taxes, EMEA, Middle East  /  No Comments

Turkish bank Garanti outlined its shadow carbon pricing strategy on Wednesday, though the partial approach may fall short of addressing the company’s ongoing investments in coal plants.

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