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World Bank announces new carbon pricing coalition co-chair, high-level competitiveness forum

Published 00:24 on April 20, 2018  /  Last updated at 12:10 on April 20, 2018  /  Africa, Americas, Asia Pacific, Canada, Carbon Taxes, Climate Talks, EMEA, International, New Market Mechanisms, US  /  No Comments

The Carbon Pricing Leadership Coalition (CPLC) on Thursday named a new co-chair, while the group’s managing body the World Bank announced a high-level forum on carbon pricing and competitiveness amid the release of a report on decarbonising the global power and chemicals sectors.

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WRI: What’s changing as countries turn INDCs into NDCs? Five early insights

Published 13:53 on April 19, 2018  /  Last updated at 13:53 on April 19, 2018  /  Africa, Americas, Asia Pacific, Canada, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views  /  No Comments

Some countries aren’t waiting until 2020 to make changes to their national climate commitments. As countries ratify the Paris Agreement, some have decided to revise their INDCs and communicate the changes as part of their first NDCs. WRI provides a summary.

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UN’s IMO meets to craft initial climate effort for international shipping

Published 13:26 on April 9, 2018  /  Last updated at 09:28 on April 10, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, New Market Mechanisms, Shipping  /  No Comments

The International Maritime Organisation (IMO) is grappling this week to secure an initial strategy to address shipping emissions, with countries edging towards agreeing a carbon-intensity goal initially and only later committing to absolute emission cuts and potentially using carbon markets.

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Carbon Tracker hires veteran carbon analyst to lead foray into emissions markets, pricing

Published 00:01 on April 2, 2018  /  Last updated at 19:01 on March 29, 2018  /  Bavardage, Carbon Taxes, EMEA, EU ETS, International, New Market Mechanisms  /  No Comments

The Carbon Tracker Initiative has hired a veteran carbon analyst as managing director and head of research, as the UK-based think-tank moves into the emissions trading and CO2 pricing space.

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Climate Trust delays launch of US offset guarantee facility

Published 23:51 on March 26, 2018  /  Last updated at 23:51 on March 26, 2018  /  Americas, Canada, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

US non-profit The Climate Trust has delayed the launch of its facility to offer guarantees to US offset project developers while it searches for someone to lead the initiative.

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Offset restrictions needed to ensure CORSIA integrity, spur new project investment -study

Published 22:28 on March 22, 2018  /  Last updated at 12:34 on March 23, 2018  /  Americas, Asia Pacific, Aviation, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

In the absence of any eligibility restrictions, ICAO’s CORSIA offset scheme may not be able to deliver sufficient emissions reductions in aviation by using CERs, according to a study released Thursday.

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UN floats draft rulebook for international emissions trade, keeps CERs on the table

Published 17:03 on March 16, 2018  /  Last updated at 17:03 on March 16, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN officials on Friday released a draft paper to help guide governments working on a year-end deadline to finalise rules on international emissions trade under the Article 6 of the Paris Agreement.

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Post-Paris hike in corporate renewables demand drives double-digit growth in green certificates

Published 11:16 on March 15, 2018  /  Last updated at 11:26 on March 15, 2018  /  Americas, Asia Pacific, EMEA, New Market Mechanisms, US, Voluntary Market  /  No Comments

Double-digit growth in global renewables procurement by companies seeking to boost their climate credentials has helped push European green certificate prices to record highs, a conference heard this week.

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US voices support for UN’s CORSIA aviation scheme, quelling some worries

Published 15:37 on March 12, 2018  /  Last updated at 21:44 on March 13, 2018  /  Americas, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

The US has voiced its support for the UN’s international aviation offset scheme and its draft rules, diminishing fears that the Trump administration would try to water down or decline to initially partake in the mechanism to tackle the sector’s growing impact on climate change.

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Norway seeks later CORSIA offset cut-off, vows non-cooperation if deal weakened

Published 18:44 on March 8, 2018  /  Last updated at 09:10 on March 9, 2018  /  Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Norway is seeking an even later CORSIA offset vintage limit than that of the EU and has suggested it won’t participate in the remaining work to design the international aviation carbon market if the proposed rules are watered down any further.

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