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World Bank REDD programme adopts changes to align with CORSIA

Published 18:39 on January 23, 2020  /  Last updated at 18:45 on January 23, 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) made revisions to its deforestation reduction programme methodology on Wednesday 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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US airline JetBlue to offset all domestic flight emissions

Published 17:59 on January 6, 2020  /  Last updated at 17:59 on January 6, 2020  /  Aviation/CORSIA, International, REDD, RINs & LCFS, US, Voluntary Market  /  No Comments

Low-cost US airline JetBlue announced Monday that it will purchase carbon credits to offset emissions from all its domestic flights beginning in July, while also expanding its sustainable aviation fuel usage.

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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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Five UK carbon fraudsters ordered to repay £20.6 mln or face more jail time

Published 21:10 on December 18, 2019  /  Last updated at 23:15 on December 18, 2019  /  Americas, Asia Pacific, Bavardage, China, EMEA, International, REDD, South & Central, Voluntary Market  /  No Comments

Five men sentenced to a combined 43 years in prison for investment fraud related to the reforestation carbon market have been ordered to repay £20.6 million or face an additional 37 years in jail.

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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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COP25: Testing Article 6 talks delayed for second year after marathon UN climate summit

Published 13:19 on December 15, 2019  /  Last updated at 23:31 on January 5, 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

Marathon UN climate talks in Madrid finished on Sunday afternoon without agreeing rules for international emissions trade under the Paris Agreement’s Article 6, as beleaguered hosts Chile pushed the record-long summit to try to broker a deal on a handful of sticking points.

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COP25: Roundup for Saturday and Sunday, Dec. 14-15

Published 09:47 on December 14, 2019  /  Last updated at 08:51 on December 15, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, 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

A marathon overnight session to develop an outcome for the UN climate summit was widely panned on Saturday morning, while negotiations on the highly contentious Article 6 rulebook for Paris-era international emissions trade continued. 

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COP25: Roundup for Friday, Dec. 13

Published 14:18 on December 13, 2019  /  Last updated at 18:35 on December 15, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

New Article 6 text dropped well behind schedule at the UN climate summit on Friday, with numerous contentious issues still remaining on agreeing the rulebook to international emissions trading under the Paris Agreement.

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COP25: Roundup for Thursday, Dec. 12

Published 18:41 on December 12, 2019  /  Last updated at 18:41 on December 12, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Negotiations on the rulebook with International emission trade plodded along in Madrid on Thursday, as slow progress on other elements of operationalising the Paris Agreement solicited fears the UN Climate Summit would once again run well into the weekend.

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COP25: Roundup for Wednesday, Dec. 11

Published 18:01 on December 11, 2019  /  Last updated at 18:15 on December 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The nearly 200 parties to the Paris Agreement on Wednesday dove headfirst into forging an agreement on the market-based Article 6 of the Paris Agreement, while dozens of attendees from environmental and indigenous groups were kicked out by UN security for protesting the slow pace of the talks.

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