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ICAO panel agree recommendations for airlines’ CORSIA eligibility

Published 23:50 on February 19, 2019  /  Last updated at 23:50 on February 19, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

A technical panel at UN aviation agency ICAO has settled on recommendations for how to calculate emission benefits from airlines’ use of cleaner fuels – rules that will help determine the sector’s carbon credit demand under the CORSIA offsetting mechanism.

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Climate Action Reserve launches mitigation programme based on forecasted emissions reductions

Published 22:59 on February 13, 2019  /  Last updated at 01:57 on February 14, 2019  /  Americas, Canada, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

Companies will be able to show emission mitigation efforts for future economic developments under a new programme launched Wednesday by California-based offset registry Climate Action Reserve (CAR), a departure from traditional offset activities that award credits after achieving reductions.

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ECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle

Published 00:05 on February 13, 2019  /  Last updated at 00:05 on February 13, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.

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World Bank carbon fund inks first REDD payment deals

Published 19:06 on February 12, 2019  /  Last updated at 20:46 on February 12, 2019  /  Africa, Americas, Australia, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.

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CARBON FAST FORWARD: A new series of regional carbon market conferences

Published 22:37 on February 11, 2019  /  Last updated at 22:37 on February 11, 2019  /  Bavardage, Climate Talks, Conversations, EMEA, EU ETS, International, New Market Mechanisms, Views, Voluntary Market  /  No Comments

Carbon Forward is launching a series of regional European carbon market conferences to help delve deeper into the issues affecting companies with exposure to the EU Emissions Trading System (ETS).

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Swiss agency invites entities to partner to develop emission trade activities

Published 17:16 on February 11, 2019  /  Last updated at 23:13 on February 11, 2019  /  Climate Talks, EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

Switzerland’s carbon credit procurement agency is inviting entities to apply to partner with it, the first step for forging post-2020 international emission trade agreements under the Paris Agreement.

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UN-backed $300 mln land restoration fund picks Peru project as first investment

Published 16:53 on January 30, 2019  /  Last updated at 09:17 on January 31, 2019  /  Americas, Canada, Climate Talks, International, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The $300 million Land Degradation Neutrality (LDN) Fund has committed $12 mln to a carbon credit-generating agroforestry project in Peru as its first investment towards restoring degraded land worldwide.

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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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EU plans Brussels conference to further work on Paris Agreement’s Article 6

Published 17:25 on January 22, 2019  /  Last updated at 23:21 on January 22, 2019  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The European Commission is planning to host a conference on international carbon trade this spring to help clinch a deal on rules for Article 6 of the Paris Agreement after recent talks fell apart.

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Lacking UN guidance, Swiss to take ‘safe’ approach to sourcing credits

Published 22:45 on January 9, 2019  /  Last updated at 22:45 on January 9, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Switzerland will take a conservative approach to procuring international credits that is unlikely to run afoul of international guidance in the future, an official said Wednesday.

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