CDM board weighs expanding struggling scheme to ride-sharing apps, other urban sectors
The CDM’s executive board held its first meeting of 2019 last week, where it weighed a number issues including whether online ride-hailing applications should receive carbon offsets and how to expand the struggling scheme’s use into urban sectors.
Read MoreANALYSIS: Long-delayed REDD deals seen as base for international emissions trade
Forest protection deals inked between African nations and a World Bank fund could spur international emissions trade under the Paris Agreement and ICAO’s CORSIA offsetting scheme for aviation, according to experts.
Read MoreRestarted China coal boom halts global build decline, report warns
China last year restarted construction on a number of previously suspended coal plants, offsetting a decline in the rest of the world to push up global capacity build figures for the first time in three years, according to a report published Thursday.
Read MoreICAP Status Report 2019: Emissions Trading Worldwide
Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.
Read MoreNorway set to make first payment to Indonesia for halting deforestation
Norway is ready to make its first payment to Indonesia under the two nations’ 2010 agreement to halt deforestation, after the South East Asian nation reported a drop in greenhouse gas emissions from the sector in 2017.
Read MoreECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle
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.
Read MoreFrench, Indian firms awarded UN offsetting contracts in 2018
The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.
Read MoreWorld Bank cuts carbon credit eligibility ahead of N2O auction
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.
Read MoreChina is world’s biggest funder of coal plants abroad -report
China’s public banks and corporations have become world leaders in funding coal-fired power plants, providing financing for over a quarter of the world’s new facilities while domestic limits often prevent such investments at home, a report has found.
Read MoreCOP24: UK, Italy announce bids to host 2020 UN climate talks
The UK and Italy are both vying to host the annual UN climate summit in 2020, their environment ministers announced Thursday.
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