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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: Singapore becomes 20th nation to back ministerial declaration on carbon markets

Published 23:51 on November 16, 2017  /  Last updated at 23:51 on November 16, 2017  /  Americas, Asia Pacific, Climate Talks, International, New Market Mechanisms  /  No Comments

Singapore signed up to an international ministerial declaration on carbon markets on Thursday, bolstering the club of rich and poor countries pledging to cooperate on environmental integrity to spur international emissions trade.

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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COP23: Bypassing Trump, Canada and Mexico team up with 15 US state governors on climate

Published 16:37 on November 13, 2017  /  Last updated at 08:47 on November 14, 2017  /  Americas, Canada, Climate Talks, International, Mexico, New Market Mechanisms, US  /  No Comments

Canada, Mexico, and a coalition of 15 US state governors signed a declaration committing to jointly strengthen their climate action on Monday, aiming to defy the Trump administration.

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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: 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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