ECOSYSTEM MARKETPLACE: Will small forest owners finally be able to tap carbon markets?
The Wong family of Peru amassed a fortune building up a chain of supermarkets, but much of their wealth today is in real estate – including the 220,000-hectare (543,400-acre) Madeacre forestry concession that family’s late patriarch, Erasmo Wong, cobbled together in the province of Tahuamanu.
Read MoreINTERVIEW: Green growth chief sees “real potential” for step up in Paris pledges
Several big-emitting Asian nations are considering stepping up their low-ball Paris emission pledges as they discover viable alternatives to coal and a limited role for emissions trade under Article 6, according to the operational head of intergovernmental body GGGI.
Read MoreCDM hits dual milestones ahead of UN carbon offset scheme’s potential conclusion
The UN’s Clean Development Mechanism (CDM) passed two noteworthy milestones this month, as countries prepare to determine whether to wind up the project-based carbon finance programme.
Read MoreTax CO2 from largest emitters $75/t by 2030 to avoid 2C temperature rise, says IMF
A global temperature rise of 2 degrees C could be avoided if large emitting countries collectively adopt a carbon tax of $75/tonne by 2030, as well as other ambitious actions, according to a report by the International Monetary Fund.
Read MoreShell expands carbon neutral driving offer to UK with land offsets
Oil major Shell will offer British drivers the chance to offset their carbon footprint, it said on Thursday, expanding from its Dutch initiative as part of a global commitment to invest $300 million in land-based emissions-curbing initiatives.
Read MoreIndonesia sets up agency to deal with climate funding, carbon markets
Indonesia has established a new agency to channel funding for increased climate action, including any trading of carbon credits with developed nations or potential domestic emissions trading programmes.
Read MoreArticle 6 failure at COP25 could force bilateral carbon market links, experts say
Failure to agree on rules for Article 6 at this year’s UN climate talks in Chile could see countries like Australia and New Zealand forging their own bilateral links to get access to the international credits they need to fulfil their Paris Agreement pledges, market experts warned Wednesday.
Read MoreICAO moves toward long-term GHG goal, CORSIA launch despite opposition from 25 nations
ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.
Read MoreCambodia pushes for REDD deal with Germany
Cambodia has asked Germany to consider buying some of its nature-based carbon credits, the government said in a statement, likely putting the country’s REDD programme in the frame.
Read MoreCARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech
**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.
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