FEATURE: Countries set to spurn UN chief’s calls for more climate ambition
World leaders are unlikely to heed the UN secretary-general’s calls for countries to ramp up their Paris Agreement ambition next month, as domestic concerns and indifference from the US administration and other global heavyweights outweigh increasingly alarming evidence of a climate emergency.
Read MoreCARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut
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Read MoreCalifornia senator urges ARB to oppose Tropical Forest Standard
California regulator ARB should not endorse its Tropical Forest Standard (TFS) next month because sector-based REDD offsets lack environmental and social integrity and fail to address the root causes of deforestation, a state senator said, potentially opening a bicameral rift over the already divisive issue.
Read MoreGermany suspends Brazil forest aid amid deforestation resurgence
Germany is suspending some of its long-standing forest protection funding to Brazil because it doubts Brasilia is continuing preservation efforts.
Read MoreFourteen offset programmes apply for ICAO’s CORSIA aviation mechanism
UN aviation body ICAO’s expert panel will consider 14 emissions unit programme applications for the global offsetting mechanism CORSIA, with the submissions ranging from Kyoto era offset programmes and REDD initiatives to jurisdictional schemes in China, the Middle East, and Poland.
Read MoreBRIEFING: World Bank REDD Deals
Three African nations have now signed deforestation reduction agreements under the World Bank’s Forest Carbon Partnership Facility (FCPF) that could form the base of possible international emissions trade, with more deals expected to come later this year.
Read MoreCalifornia’s ARB to consider updated Tropical Forest Standard at September meeting
California regulator ARB will consider endorsing an updated version of its Tropical Forest Standard (TFS) at the board’s Sep. 19 meeting, nearly a year after the agency delayed its original approval of the possible precursor to jurisdictional REDD offsetting following a flurry of backlash.
Read MoreNew REDD standard targets heavily forested countries for national-scale GHG reductions
A new REDD standard will look to incentivise national-scale emission reductions in high forest cover, low deforestation (HFLD) countries, and the resulting carbon credits will be designed for use in a variety of compliance and voluntary markets.
Read MoreCarbon tax of $200/t would only marginally cut global oil emissions -study
A global CO2 tax of $200 per tonne would only reduce GHGs from oil production by 4% over the next century, as the price would not be high enough to make a large dent in existing and undiscovered reserves, according to new research.
Read MoreNorway and Suriname to explore carbon credits for preventing deforestation -report
Norway and Suriname are said to be exploring an arrangement where the South American country would earn carbon credits for keeping its tropical forest intact, according to a local news report.
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