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Swiss initiative proposes blueprint for climate neutral commodity trade

Published 19:49 on May 24, 2021  /  Last updated at 00:28 on May 25, 2021  /  Americas, Asia Pacific, EMEA, International, REDD, Switzerland, Voluntary Market  /  No Comments

A Swiss non-profit has developed a method for standardising climate neutral commodity transactions, including setting vintage limits for the seven eligible offset standards.

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Private sector offset taskforce sets out additional attributes for voluntary carbon trade

Published 20:02 on May 21, 2021  /  Last updated at 22:02 on May 21, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) released its next consultation for dramatically increasing voluntary emissions reduction (VER) trading on Friday, setting out the first five additional attributes to differentiate between credits and establishing the structure of a governance body to further define ‘core carbon principles’.

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COMMENT: Offsetting 2.0 – how ratings can help avoid a race to the bottom

Published 19:56 on May 20, 2021  /  Last updated at 20:22 on May 20, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

In order to avoid fungibility becoming a race to the bottom, the voluntary carbon market needs tools that recognise the variation in carbon returns and enables the creation of products that capture this variation, according to Sebastien Cross of BeZero Carbon.

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COMMENT: Let’s remove ONLY what we can’t avoid

Published 18:41 on May 20, 2021  /  Last updated at 18:41 on May 20, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

While carbon removals will play a role in mitigating climate change, we cannot afford to take our focus away from the urgent objective of avoiding emitting in the first place, write Sarah Leugers and Owen Hewlett of Gold Standard.

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COMMENT: Financing carbon dioxide removals – what role for ETS in the race to net zero?

Published 12:40 on May 18, 2021  /  Last updated at 12:40 on May 18, 2021  /  Americas, Asia Pacific, Canada, China's National ETS, Conversations, EMEA, EU ETS, International, New Market Mechanisms, New Zealand, REDD, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

Carbon pricing and specifically emissions trading systems can play an important role in incentivising removals necessary for achieving Paris Agreement emissions targets, according to the ICAP Secretariat.

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VCM Report: VER prices tick up as supply shortage sustains

Published 22:47 on May 17, 2021  /  Last updated at 22:47 on May 17, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices bucked their recent downward trend this week as voluntary carbon market (VCM) participants continued to point to a lack of low-cost credits to satisfy demand.

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ECOSYSTEM MARKETPLACE – Shades of REDD+: ART, JNR or GCF… Which is Best for Countries?

Published 17:07 on May 14, 2021  /  Last updated at 17:07 on May 14, 2021  /  Africa, Americas, Asia Pacific, Conversations, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Carbon finance is growing and countries are faced with an array of choices—including whether to pursue projects, nesting or jurisdictional REDD+, which standards to use in doing so, and what finance opportunity to pursue.  The landscape can be a confusing array of options.  In this contribution to the Shades of REDD+ series, targeted for forest countries, we try to demystify three opportunities to capture finance for jurisdictional REDD+ performance.

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UK plans for in-person COP26 climate summit, explores COVID safeguards

Published 12:27 on May 14, 2021  /  Last updated at 21:13 on May 14, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, 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, US, Voluntary Market  /  No Comments

The UK is planning on host the COP26 UN climate negotiations as an in-person summit in Glasgow in November and is considering various ways of ensuring protection against the coronavirus pandemic, the meeting’s president Alok Sharma said on Friday.

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Startup raises $7.8 mln for nature-based offset ratings service

Published 16:25 on May 13, 2021  /  Last updated at 16:25 on May 13, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Startup firm Sylvera has raised $7.8 million to expand its voluntary carbon offset ratings business, with early assessments judging that many nature-based projects fall short of their promised emissions cuts.

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Kenya “at an advanced stage” in setting up national carbon market -govt official

Published 18:15 on May 11, 2021  /  Last updated at 18:15 on May 11, 2021  /  Africa, Asia Pacific, EMEA, International, Japan, New Market Mechanisms, REDD  /  No Comments

The Kenyan government is “at an advanced stage” in establishing a national emissions trading system, a government official said Tuesday.

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