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UN chief warns Davos on climate inaction, global risks

Published 19:53 on January 17, 2022  /  Last updated at 19:53 on January 17, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South Korea, Switzerland, US  /  No Comments

UN Secretary General Antonio Guterres told the World Economic Forum (WEF) on Monday that there is no sign that governments are planning to effectively manage climate risks, urging the private sector to step up efforts and avoid greenwashing well ahead of November’s COP27 UN climate talks in Egypt.

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VCM Report: Nature-based contract hits new heights while CORSIA units falter

Published 17:59 on January 17, 2022  /  Last updated at 22:36 on January 17, 2022  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Standardised nature-based voluntary emissions reductions (VER) prices found strength this week, while technology-based CORSIA-eligible credits and others generally flatlined or sank.

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Rebound in demand saw global electricity emissions spike by 7% in 2021, IEA says

Published 07:01 on January 14, 2022  /  Last updated at 07:01 on January 14, 2022  /  Americas, Asia Pacific, Carbon Taxes, China, Climate Talks, EMEA, EU ETS, International, Other APAC, UK ETS, US  /  No Comments

Strong growth in global electricity demand of 6% in 2021, brought about by the recovery of global GDP from the Covid-19 induced slump from the year before and extreme weather conditions, saw electricity CO2 emissions spike by nearly 7% to reach a record level in the year of COP26, the International Energy Agency (IEA) stated on Friday.

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UN teams up with second exchange to promote CDM credit sales to voluntary market

Published 21:25 on January 12, 2022  /  Last updated at 00:35 on January 13, 2022  /  Africa, Americas, Asia Pacific, Australia, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The UN’s climate change agency has partnered with a second carbon exchange to drive sales of carbon credits issued under its Kyoto-era Clean Development Mechanism (CDM) to the voluntary carbon market, as the international offsetting scheme readies its transition under the Paris Agreement.

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Australia Market Roundup: ACCUs fly even higher as Safeguard deadline approaches

Published 10:23 on January 12, 2022  /  Last updated at 10:23 on January 12, 2022  /  Asia Pacific, Australia, Other APAC  /  No Comments

Australian carbon credit prices are continuing to rise quickly on very low volumes, as all available supply is quickly picked up by voluntary buyers and emitters preparing for next month’s Safeguard Mechanism compliance deadline.

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Industry experts partner with major exchanges to list voluntary carbon contract that addresses market’s “pain points”

Published 23:23 on January 11, 2022  /  Last updated at 10:31 on January 12, 2022  /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, Other APAC, US, Voluntary Market  /  No Comments

A team of industry veterans has signed agreements with two exchanges to list a new voluntary contract that it says will offer an innovative approach to trading that addresses the market’s “pain points”.

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ANALYSIS: A potent force – making a market for methane emissions

Published 23:05 on January 11, 2022  /  Last updated at 23:17 on January 11, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, CBAM, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Methane emissions concentrations in the atmosphere reached all-time highs in 2021 along with most other greenhouse gases, but with limited upstream regulation at oil and gas operations, product labelling and certificate trading are building momentum as an additional way of curbing the potent discharges.

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Vietnam outlines path to domestic, international carbon trading

Published 09:38 on January 11, 2022  /  Last updated at 09:38 on January 11, 2022  /  Asia Pacific, International, New Market Mechanisms, Other APAC, Voluntary Market  /  No Comments

Vietnam has issued a decree outlining crucial steps towards launching a domestic emissions trading scheme and accompanying offset market later this decade as well as relations to global carbon markets.

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VCM Report: VER prices vacillate as C-GEO contracts kick off trading

Published 22:48 on January 10, 2022  /  Last updated at 23:08 on January 11, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices trended in opposite directions this week for different exchange-traded product categories, while Xpansiv market CBL’s Core-GEO (C-GEO) contract saw its first activity after its mid-week launch.

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Australia launches clean hydrogen trade bid with focus on Japan

Published 03:55 on January 7, 2022  /  Last updated at 04:00 on January 7, 2022  /  Asia Pacific, Australia, EMEA, Japan, Other APAC, South Korea  /  No Comments

The Australian government will kickstart a new hydrogen trade initiative with a focus on clean hydrogen exports to Japan, Australia’s minister for energy and emissions reduction, Angus Taylor, announced on Friday.

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