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New UN Article 6 text emerges to raise hopes of emission trade deal this year

Published 17:53 on June 25, 2019  /  Last updated at 10:48 on June 26, 2019  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The UN produced a new draft text on rules covering international emissions trade on Tuesday, after governments broke a deadlock that some observers said raises the prospects for a deal later this year on the Paris Agreement’s divisive Article 6.

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UK set to host 2020 UN climate talks after Italy backs bid

Published 16:43 on June 18, 2019  /  Last updated at 19:32 on June 18, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD  /  No Comments

The British and Italian governments have agreed to partner on a proposal to co-host the 2020 UN climate talks, clearing the way for the UK to host the main summit, known as COP26.

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Voluntary carbon market stakes claim to thrive in Paris era

Published 21:32 on June 14, 2019  /  Last updated at 22:05 on June 14, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Entities should be able to continue buying voluntary carbon credits in the Paris Agreement era, though exactly how those claims will be reflected is still up for debate, a cross-stakeholder group has said.

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BY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading

Published 14:08 on June 14, 2019  /  Last updated at 21:51 on June 14, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, 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, Voluntary Market  /  No Comments

There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.

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Ecosystem Marketplace loses long-time program manager to The Nature Conservancy

Published 22:40 on June 13, 2019  /  Last updated at 17:42 on June 14, 2019  /  Americas, Bavardage, International, REDD, US, Voluntary Market  /  No Comments

US-based environmental non-profit organisation Ecosystem Marketplace has lost its program manager to embattled green group The Nature Conservancy (TNC), Carbon Pulse has learned.

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ICAO targets Feb. 2020 for first CORSIA offset unit recommendations

Published 19:12 on June 10, 2019  /  Last updated at 19:12 on June 10, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The expert panel for UN body ICAO’s CORSIA programme is aiming to make recommendations by Feb. 2020 on eligible credit types, coming less than a year before the start of the global aviation offsetting scheme’s pilot phase.

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EU ETS prices to average €36 next decade as many expect further market tightening -survey

Published 16:34 on June 5, 2019  /  Last updated at 18:44 on June 5, 2019  /  Americas, Asia Pacific, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

EU carbon prices will average €36.05 over 2021-2030, according to an annual survey of market observers and participants, marking a massive 63% year-on-year gain in expectations.

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EU spurns calls to use foreign carbon credits in its ETS, for now

Published 21:42 on June 3, 2019  /  Last updated at 05:27 on June 4, 2019  /  Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The EU won’t use more foreign carbon credits in its carbon market, at least for the time being, Brussels officials said on Monday in response to calls for the bloc to reignite international emissions trade.

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ICAO to limit CORSIA meeting attendance to aviation programme’s technical body

Published 16:17 on May 24, 2019  /  Last updated at 16:39 on May 24, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO will restrict attendance at technical meetings for the CORSIA offsetting programme to members of the scheme’s 19-person advisory board, snubbing a central demand of environmental groups that have called for greater outside participation and transparency in developing the international carbon market.

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COMMENT: ProPublica’s Inexcusable REDD+ Belly Flop

Published 18:56 on May 23, 2019  /  Last updated at 18:56 on May 23, 2019  /  Americas, Conversations, International, Kyoto Mechanisms, REDD, South & Central, Views, Voluntary Market  /  No Comments

Mainstream media outlets have been congratulating themselves of late for becoming just 20 years too late on climate change, and now the same institutions that have consistently failed to cover the enormity of the challenge are failing to cover the myriad interlocking solutions. This week, ProPublica became the latest outlet to blow it

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