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Carbon Pulse expands coverage of world’s largest CO2 markets with new reporter hires

Published 16:58 on July 1, 2021  /  Last updated at 16:58 on July 1, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Carbon Pulse has hired two new reporters to expand its coverage of the world’s two largest carbon markets.

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Japan casts wide net in funding new batch of JCM projects

Published 11:12 on June 30, 2021  /  Last updated at 11:12 on June 30, 2021  /  Asia Pacific, Japan, Other APAC  /  No Comments

Japan’s environment ministry has selected 11 new carbon-cutting projects for co-funding under its Joint Crediting Mechanism, picking schemes in Indonesia, Mexico, the Philippines, Thailand, and Vietnam.

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VCM report: CORSIA-eligible credits again tick higher as Latam sellers shy away

Published 23:06 on June 28, 2021  /  Last updated at 23:23 on June 28, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, US, Voluntary Market  /  No Comments

Prices for CORSIA-eligible voluntary emissions reductions (VERs) again advanced slightly this week, with one assessment hitting a new peak as some sellers are seen holding back in expectation that governments will eventually step in with regulation.

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Bhutan to set up carbon fund to help finance climate plans

Published 12:17 on June 25, 2021  /  Last updated at 01:52 on June 26, 2021  /  Asia Pacific, International, New Market Mechanisms, Other APAC, REDD  /  No Comments

Bhutan has submitted an updated NDC to the UN, pledging to remain carbon neutral but also planning a number of climate initiatives that it intends to finance in part through a carbon fund and a domestic REDD+ programme.

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Singapore Airlines launches voluntary offset programme

Published 09:39 on June 25, 2021  /  Last updated at 09:39 on June 25, 2021  /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary Market  /  No Comments

Singapore Airlines and its low-cost subsidiary Scoot on Friday launched a voluntary offset programme for its passengers, which will be extended to cargo customers from next month.

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ANALYSIS: Removal-based credits, governance body proving contentious in offset taskforce consultation

Published 19:47 on June 24, 2021  /  Last updated at 14:35 on June 25, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Plans from the private sector-led Taskforce on Scaling Voluntary Carbon Markets (TSVCM) to distinguish between voluntary emissions reductions (VERs) that avoid or remove GHGs are emerging as a key sticking point in an ongoing consultation, as some worry about potential overstep with existing crediting standards or conflicts of interest that may arise through the creation of a governance body.

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Intermediaries increase ACCU holdings as Australia’s offset market gets busier

Published 08:48 on June 24, 2021  /  Last updated at 08:48 on June 24, 2021  /  Asia Pacific, Australia, Other APAC, Voluntary Market  /  No Comments

Intermediaries increased their ACCU holdings by 50% over Q1 as Australia’s offset market saw record activity, according to regulator data released Thursday, while a separate report showed Australian investors are increasingly casting their eyes on projects elsewhere in the Asia-Pacific.

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COMMENT: Climate impact claims to crowd in private sector finance

Published 16:56 on June 23, 2021  /  Last updated at 17:00 on June 23, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

There is growing interest in uses of the carbon market that do not rely on unique claims, and expanding the use of the voluntary carbon market to accommodate new claims can crowd in even more investment without being limited to a narrowing pool of options available for offsetting, writes Sarah Leugers of Gold Standard.

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INTERVIEW: Startup founded by ex-BP risk boss aims to streamline net zero commodity trading

Published 11:01 on June 23, 2021  /  Last updated at 11:32 on June 23, 2021  /  Africa, Americas, Asia Pacific, China, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, Other APAC, Shipping, South & Central, US, Voluntary Market  /  No Comments

With corporate net zero ambitions growing by the day, a startup led by oil major BP’s former risk boss wants to certify the carbon neutrality of the commodity transactions that will form the basis of many of these efforts.

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New global soil carbon programme attracts $4 mln in pursuit of “lowest-cost” removal credit

Published 15:58 on June 22, 2021  /  Last updated at 14:07 on June 25, 2021  /  Africa, Americas, Asia Pacific, EMEA, International, Mexico, Other APAC, South & Central, US, Voluntary Market  /  No Comments

California-headquartered Boomitra has raised $4 million from a variety of corporate backers and billionaires as it seeks to establish an international low-cost CO2 removal programme for both voluntary and compliance carbon markets.

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