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ECOSYSTEM MARKETPLACE: In Bonn, progress on markets hampered by gridlock on everything else

Published 14:42 on November 20, 2017  /  Last updated at 14:42 on November 20, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Views, Voluntary Market  /  No Comments

The Americas aren’t named for Christopher Columbus, but for his map-maker, Amerigo Vespucci, who first figured out that Brazil is a pretty big part of the New World – something to keep in mind as climate negotiators sketch out the map for implementing the Paris Agreement.

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CP Daily: COP23 Special

Published 13:17 on November 20, 2017  /  Last updated at 14:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: Spotlight on questionable CDM projects brings Brazil’s split carbon market views to fore

Published 22:39 on November 16, 2017  /  Last updated at 23:36 on November 16, 2017  /  Americas, International, Kyoto Mechanisms, REDD, South & Central  /  No Comments

Three Brazilian hydro projects owned by state-owned energy company Eletrobras could generate nearly 170 million environmentally dubious CERs by 2030, climate campaigners have claimed, raising questions over the government’s continued support for the CDM while snubbing REDD-based offsets.

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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COP23: NAMA Facility launches biggest-ever funding call as UK puts up more cash for poorer nations

Published 12:16 on November 13, 2017  /  Last updated at 16:24 on November 13, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, South & Central  /  No Comments

The NAMA Facility launched its fifth funding call seeking applications from carbon-cutting projects in the developing world, as  EU donors collectively provided a record €85 million as they see the mitigation mechanism transitioning into the Paris-era.

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ECOSYSTEM MARKETPLACE: Forest carbon projects can narrow emissions gap, but not all are created equal

Published 11:08 on November 13, 2017  /  Last updated at 00:05 on November 14, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Before year-end climate talks began in Bonn, Germany last Monday, the United Nations Environmental Program (UNEP) published its 2017 Emissions Gap Report, which warned that existing climate action plans – called “Nationally Determined Reductions” (NDRs) – won’t keep global temperatures from rising 2oC.

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COP23: German government launches tender to buy 82k CERs to offset summit

Published 21:10 on November 10, 2017  /  Last updated at 21:17 on November 10, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 82,000 “high-quality” CERs, preferably from projects in small island developing states (SIDS), to offset emissions stemming from the UN climate summit it is co-hosting in Bonn.

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CORRECTED – COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

Published 14:30 on November 10, 2017  /  Last updated at 09:49 on November 15, 2017  /  Africa, Americas, Asia Pacific, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).

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COP23: Costa Rica considering international CO2 credit purchases to meet its Paris goals

Published 18:16 on November 9, 2017  /  Last updated at 18:17 on November 9, 2017  /  Americas, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Costa Rica is considering buying international credits to help meet its Paris emissions goal as some of its remaining abatement options may be too costly, according to a government official.

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COP23: International emissions trade talks lag as nations inch towards first Paris-era deals

Published 17:58 on November 8, 2017  /  Last updated at 01:59 on November 9, 2017  /  Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement are lagging other strands of the UN climate talks in Bonn, with the slow pace prompting some countries to line up deals ahead of finalised rules.

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