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UN talks bring climate damage to the fore ahead of Egypt summit

Published 20:41 on June 16, 2022  /  Last updated at 20:43 on June 16, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Rich-to-poor payments for climate-related harm is set to be the focus of year-end UN climate negotiations, experts said on Thursday as interim talks wrapped in Bonn amid concerns over whether voluntary carbon market infrastructure should feature in a new global emissions trading regime.

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Race to Zero campaign tightens rules to help prevent greenwashing

Published 20:02 on June 15, 2022  /  Last updated at 20:02 on June 15, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The UN-backed Race to Zero campaign updated its criteria on Wednesday to ensure credible net zero targets from corporates and financial organisations, aiming to overcome greenwashing concerns while specifying requirements for carbon credit use and other elements.

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UN climate talks outline steps needed to advance global carbon markets

Published 20:26 on June 14, 2022  /  Last updated at 19:34 on June 15, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

UN climate negotiations in Bonn have outlined several technical issues that need to be addressed to advance government-level emissions trade, including infrastructure to track trade, accounting practicalities, and other issues that also have implications for the voluntary carbon market (VCM).

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Eighty five nations seek ‘share of proceeds’ from voluntary carbon market

Published 19:43 on June 10, 2022  /  Last updated at 19:45 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Some 85 vulnerable countries are urging the voluntary carbon market to apply principles from the Paris Agreement’s Article 6 emissions trading rulebook, including shaving off a share of credit issuance proceeds to help them cope with a warmer climate.

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Tech to check: The digital revolution is finally coming to carbon project verification

Published 19:01 on June 10, 2022  /  Last updated at 23:42 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

While interest in the voluntary carbon market (VCM) continues to surge, some of the underlying mechanics need a revamp to keep pace, according to some experts highlighting how harnessing technology can improve both carbon project verification and overall impacts.

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Gold Standard softens stance on adjusted credits in new claims guidelines

Published 20:13 on June 9, 2022  /  Last updated at 08:32 on June 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Carbon credit certifier Gold Standard issued new guidelines on Thursday for how its units can be used by voluntary buyers given the new Paris Agreement context, providing greater flexibility on the need for authorisation from the project’s host-country government.

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Shipping’s net zero ambition in the doldrums at the IMO

Published 19:46 on June 8, 2022  /  Last updated at 19:51 on June 8, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

On World Oceans Day, international shipping looks set to run aground of progress to phase out emissions, with governments clashing at the UN’s International Maritime Organisation (IMO) negotiations over a potential global 2050 net zero emissions goal.

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Clarksons introduces VER platform for corporate shipping clients

Published 18:03 on June 7, 2022  /  Last updated at 18:03 on June 7, 2022  /  Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Nature-based, Other APAC, Shipping, South & Central, Voluntary Market  /  No Comments

Integrated shipping services firm Clarksons has launched a carbon mitigation platform that will allow its clients to purchase VERs from two global offset standards.

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Chile finalises climate strategy legislation, announces CO2 pricing cooperation with Canada

Published 22:56 on June 6, 2022  /  Last updated at 23:18 on June 6, 2022  /  Americas, Canada, Carbon Taxes, International, Paris Article 6, South & Central, Voluntary Market  /  No Comments

The Chilean government on Sunday presented details of the country’s much anticipated climate legislation to reach net zero emissions by 2050, and followed this on Monday by announcing collaboration with Canada on carbon pricing initiatives.

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VCM Report: Technology-based VER prices lift after lengthy slump

Published 19:28 on June 6, 2022  /  Last updated at 19:46 on June 6, 2022  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary Market  /  No Comments

Standardised technology-based credits lifted for the first time in two months this week while nature-based units again stalled amid moderate trade.

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