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Palm oil, soy boom to skyrocket global GHG emissions -report

Published 10:22 on March 10, 2020  /  Last updated at 10:27 on March 10, 2020  /  Americas, Asia Pacific, Aviation/CORSIA, International, Other APAC, RINs & LCFS, South & Central, US  /  No Comments

A demand boom in palm oil and soy driven by Brazil, Indonesia, and possibly the international aviation sector, could spur enough deforestation to emit 11.5 billion tonnes of CO2e to 2030, a report published Tuesday said.

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World Bank buys 4.2 mln methane offsets in fourth PAF auction

Published 22:18 on March 4, 2020  /  Last updated at 22:18 on March 4, 2020  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The fourth sale held by the World Bank’s Pilot Auction Facility (PAF) resulted in the procurement of 4.2 million tonnes of methane offsets, the bank announced Wednesday.

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Singapore to halve carbon emissions, emerges as potential offset buyer

Published 02:13 on March 2, 2020  /  Last updated at 02:13 on March 2, 2020  /  Asia Pacific, Other APAC  /  No Comments

The Singapore government has said it will cut greenhouse gas emissions 50% below 2030 levels by mid-century and is eyeing use of the international carbon market as one of three pillars to meet that goal.

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Philippines lawmaker pushes cap-and-trade bill

Published 09:40 on February 27, 2020  /  Last updated at 09:40 on February 27, 2020  /  Asia Pacific, Other APAC  /  No Comments

A senior Philippines MP has introduced a bill that would establish a cap-and-trade programme for the biggest-emitting sectors in the South East Asian nation.

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South Korea approves first batch of overseas CDM projects

Published 08:11 on February 26, 2020  /  Last updated at 09:31 on February 26, 2020  /  Africa, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Other APAC, South Korea  /  No Comments

South Korea has approved the first batch of Korean-owned CDM projects abroad that can generate carbon credits for the domestic emissions market.

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Africa, Asia big winners in German government’s carbon offset tenders -report

Published 23:53 on February 24, 2020  /  Last updated at 23:57 on February 24, 2020  /  Africa, Americas, Asia Pacific, Bavardage, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany has purchased more than 1 million carbon credits between 2014 and 2018 to offset the federal government’s emissions from business trips, according to a new report, with virtually all of the units coming from Africa or Asia and almost half from a single project type.

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CBL Markets hires APX veteran to lead international carbon operations

Published 15:00 on February 21, 2020  /  Last updated at 19:06 on February 21, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A former employee of US-based offset registry administrator APX will oversee the international expansion of CBL Markets as several global carbon markets seek to launch next year, the trading platform announced Friday.

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Nearly half of global GDP could soon be subject to net zero emission targets -report

Published 03:32 on February 18, 2020  /  Last updated at 00:12 on February 19, 2020  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South Korea, US  /  No Comments

Governments representing 49% of the global economy have or are in the process of putting in place targets to reach net zero greenhouse gas emissions, a report showed.

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India’s cKinetics acquires carbon market data firm CaliforniaCarbon.info

Published 16:34 on February 14, 2020  /  Last updated at 16:56 on February 14, 2020  /  Americas, Asia Pacific, Bavardage, Other APAC, US  /  No Comments

Delhi-based sustainability advisory firm cKinetics has acquired carbon market news and data platform CaliforniaCarbon.info, Carbon Pulse has learned.

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Gucci buys half a million forest carbon credits from Cambodia

Published 09:14 on February 11, 2020  /  Last updated at 22:03 on February 11, 2020  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

Italian luxury clothing and accessory brand Gucci has bought 500,000 forestry carbon credits from Cambodia, local media reported, citing a government spokesperson.

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