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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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COP26 seen as “last chance” to forge Paris carbon trading rulebook

Published 23:04 on January 28, 2020  /  Last updated at 21:14 on January 31, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The 2020 COP26 UN climate summit in Glasgow will be the final opportunity for countries to agree to the rulebook for the Paris Agreement’s market-based Article 6, but countries will still press on with carbon market deals over the next decade if negotiations come up short for a third straight year, experts said Tuesday.

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Japan picks projects in seven countries for carbon funding

Published 08:44 on January 27, 2020  /  Last updated at 00:37 on January 28, 2020  /  Asia Pacific, Japan, Other APAC  /  No Comments

Japan’s environment ministry has picked 10 projects across seven countries for funding under the Joint Crediting Mechanism (JCM), expecting the investment to result in 14 million carbon credits by 2030.

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World Bank REDD programme adopts changes to align with CORSIA

Published 18:39 on January 23, 2020  /  Last updated at 00:21 on January 24, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Forest Carbon Partnership Facility (FCPF) has made revisions to its deforestation reduction programme methodology in response to comments from an UN aviation expert panel, with an aim of becoming eligible for the international flight offset programme CORSIA.

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World’s carbon markets grow 34% in value to $215 billion in 2019 -report

Published 21:34 on January 22, 2020  /  Last updated at 11:45 on January 23, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Global carbon markets grew by 34% in 2019 to hit €194 billion ($215.1 bln) in value, according to analysts at Refinitiv, marking a third straight year of growth and a nearly fivefold increase in two years.

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Central European voluntary offset vendor accused of selling retired carbon credits

Published 00:09 on January 6, 2020  /  Last updated at 23:42 on January 6, 2020  /  Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

A Central European voluntary carbon offset vendor has been accused of reselling previously retired credits and of listing some units on its online registry without authorisation.

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CBL announces strategic moves in US offset, CORSIA aviation carbon markets

Published 14:41 on December 18, 2019  /  Last updated at 17:28 on December 18, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Trading platform CBL Markets has announced two major developments that it says will help it build a commanding market share while improving confidence in major burgeoning carbon markets, including US offsets and ICAO’s CORSIA scheme for international aviation.

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