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Vietnam plans for major carbon emissions boom under new NDC

Published 12:58 on September 11, 2020  /  Last updated at 12:58 on September 11, 2020  /  Asia Pacific, Climate Talks, International, Other APAC  /  No Comments

Vietnam has submitted a new Nationally Determined Contribution (NDC) plan to the UN that will allow the country’s covered sectors to emit tens of millions of tonnes in additional greenhouse gases by 2030 compared what it pledged at climate talks in Paris five years ago.

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INTERVIEW: Financial sector will help unfog voluntary carbon market’s “murkiness”, say offset standards

Published 00:15 on September 8, 2020  /  Last updated at 11:29 on September 8, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Concerns remain around the “murkiness” of the global voluntary carbon trade, but two of the main offset certifiers keeping the market running are confident that a new era of increased participation and scrutiny, including by the financial sector, will bring much-needed transparency and investor confidence.

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New private sector taskforce seeks massive scale-up for voluntary carbon market

Published 22:21 on September 2, 2020  /  Last updated at 22:35 on October 16, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Several dozen financial entities, large corporate emitters, and offset standards and retailers on Wednesday unveiled a taskforce to build consensus on how to best grow the voluntary carbon market in the face of higher credit demand and to meet Paris Agreement climate goals.

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CORSIA impacts weighing on otherwise resilient voluntary offset prices -developer

Published 23:14 on September 1, 2020  /  Last updated at 23:14 on September 1, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon offset prices are steady this year as demand largely keeps up, but the COVID-19 pandemic’s disproportionate impact on international air travel and changes to the global aviation offset mechanism CORSIA are exerting bearish pressure, a project developer said Tuesday.

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CBL Markets introduces CORSIA-aligned global offset product

Published 15:39 on August 27, 2020  /  Last updated at 19:18 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Trading platform CBL Markets announced a new offset product on Thursday based on the parameters of carbon credits approved for use under the international aviation trading mechanism CORSIA.

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CORSIA offset demand could plunge by two-thirds if baseline change extends through 2035 -analysis

Published 22:36 on August 26, 2020  /  Last updated at 00:12 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Carbon credit demand under the global aviation offset mechanism CORSIA may plummet if nations agree to extend this year’s emissions baseline alteration over the entirety of the programme’s 15-year lifespan, analysts said.

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New jurisdictional REDD standard may generate offsets in 2021

Published 18:59 on August 26, 2020  /  Last updated at 20:46 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The Architecture for REDD+ Transactions (ART) programme’s new standard for combating tropical deforestation may start yielding carbon credits as soon as next year, depending on the status of negotiations with potential partner governments, a webinar heard Wednesday.

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Paris-compliant CO2 price could impact third of global mines -analysis

Published 17:54 on August 20, 2020  /  Last updated at 22:33 on September 15, 2020  /  Africa, Americas, Asia Pacific, Australia, Carbon Taxes, China, EMEA, International, Other APAC, South & Central, US  /  No Comments

Implementing a carbon price in line with the global temperature limits of the Paris Agreement could expose nearly a third of mines worldwide to higher costs, with gold mining operations in South Africa seen bearing some of the greatest impacts, analysis released Thursday showed.

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Verra offers proposal for tagging Paris-eligible carbon credits

Published 23:14 on August 18, 2020  /  Last updated at 00:09 on August 19, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra has released a public consultation regarding how to identify VCS credits that will be eligible for trade under the Paris Agreement, becoming the latest organisation to seek a differentiation based on whether or not host countries make corresponding adjustments to their emissions inventories.

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CARBON PULSE CONVERSATIONS 016: EDF and WWF on CORSIA

Published 23:28 on August 17, 2020  /  Last updated at 23:35 on August 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

In the latest edition of our Carbon Pulse Conversations podcast, we speak with Environmental Defense Fund (EDF) International Counsel Annie Petsonk and WWF Director of Carbon Market Governance and Aviation Brad Schallert about recent developments regarding UN body ICAO’s global aviation offsetting mechanism CORSIA.

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