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Norway set to make first payment to Indonesia for halting deforestation

Published 09:24 on February 19, 2019  /  Last updated at 00:23 on February 20, 2019  /  Asia Pacific, EMEA, Other APAC, REDD  /  No Comments

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.

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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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French, Indian firms awarded UN offsetting contracts in 2018

Published 22:17 on February 4, 2019  /  Last updated at 22:17 on February 4, 2019  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.

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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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China is world’s biggest funder of coal plants abroad -report

Published 12:03 on January 22, 2019  /  Last updated at 23:49 on January 22, 2019  /  Asia Pacific, China, Other APAC  /  No Comments

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.

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COP24: UK, Italy announce bids to host 2020 UN climate talks

Published 13:15 on December 13, 2018  /  Last updated at 21:24 on December 13, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

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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ECOSYSTEM MARKETPLACE: Tropical countries far short of meeting deforestation targets

Published 20:04 on December 12, 2018  /  Last updated at 20:04 on December 12, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

If we’re to prevent global temperatures from rising to a level more than 1.5ºC (2.7ºF) above pre-industrial levels, we must dramatically improve the way we manage our forests, farms, and fields.

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ECOSYSTEM MARKETPLACE: In Katowice, indigenous leaders call for wider uptake of REDD+

Published 18:22 on December 6, 2018  /  Last updated at 18:22 on December 6, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

“RIA lives!” said Peruvian indigenous leader Fermín Chimatani Tayori, referring to a private-public partnership called “Amazon Indigenous REDD+”, an eight-year effort to develop protocols and projects that use carbon finance to support indigenous development plans called “Life Plans” (Planes de Vida).

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Thailand carbon market shaping up, but legal issues remain

Published 09:16 on November 14, 2018  /  Last updated at 09:16 on November 14, 2018  /  Asia Pacific, Other APAC  /  No Comments

Thailand is expecting to put in place over the next eight months a number of the elements that will make up its national carbon market, but the lengthy process of imposing a national climate change act means the programme won’t launch until after 2020.

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Philippines ditches carbon tax plans

Published 12:57 on November 12, 2018  /  Last updated at 22:00 on November 12, 2018  /  Asia Pacific, Other APAC  /  No Comments

The Philippines is abandoning plans to introduce a carbon tax, a senior government official told a conference, saying it would impose unpopular costs on consumers while doing little to reduce emissions.

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