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EU’s carbon border levy to affect closest neighbours more than global players, experts say

Published 17:51 on July 22, 2021  /  Last updated at 17:51 on July 22, 2021  /  Africa, Asia Pacific, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, South Korea, Switzerland  /  No Comments

The EU’s proposed carbon border adjustment mechanism will likely affect its closest neighbours much more than global trade partners, experts believe, despite an increasing number of countries across the globe expressing concerns over the 27-nation bloc’s plans.

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Sweden seeks out Article 6 projects in the Dominican Republic

Published 18:50 on July 16, 2021  /  Last updated at 17:25 on July 19, 2021  /  Americas, Climate Talks, EMEA, International, Japan, New Market Mechanisms, REDD, South & Central, Switzerland  /  No Comments

Sweden is inviting carbon-cutting projects in the Dominican Republic to bid to be the first initiatives that could ultimately deliver Paris Agreement-era carbon credits to the Nordic country.

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‘Fit for 55’ Roundup: Updates and reactions to the EU’s major climate package

Published 16:58 on July 14, 2021  /  Last updated at 00:13 on July 15, 2021  /  Aviation/CORSIA, Carbon Taxes, CBAM, EMEA, EU ETS, International, Shipping, Switzerland, UK ETS  /  No Comments

The European Commission on Wednesday published its long-awaited ‘Fit for 55’ climate legislative package, seeking to recalibrate the bloc’s climate policies towards a tougher 2030 emissions target. Here’s a rolling timeline of today’s major developments and expert and stakeholder insight to complement Carbon Pulse’s other coverage.

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Switzerland to raise domestic carbon tax by 25% following insufficient emissions cuts

Published 12:24 on July 7, 2021  /  Last updated at 12:42 on July 7, 2021  /  Carbon Taxes, EMEA, EU ETS, Switzerland  /  No Comments

Switzerland will raise its domestic carbon tax by 25% next year after its fossil fuel emissions output in 2020 missed the country’s annual reduction targets.

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Trading house Mercuria launches new environmental products team led by oil major veterans

Published 13:19 on July 2, 2021  /  Last updated at 13:43 on July 2, 2021  /  Americas, Asia Pacific, Bavardage, China, EMEA, EU ETS, International, Other APAC, South & Central, Switzerland, UK ETS, US  /  No Comments

Swiss commodities trading house Mercuria has launched on environmental products, launching a new business led by veteran market players, many of whom have recently left oil majors including BP and Shell, Carbon Pulse has learned.

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Carbon Pulse expands coverage of world’s largest CO2 markets with new reporter hires

Published 16:58 on July 1, 2021  /  Last updated at 16:58 on July 1, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, 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, UK ETS, US, Voluntary Market  /  No Comments

Carbon Pulse has hired two new reporters to expand its coverage of the world’s two largest carbon markets.

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Swiss citizens reject updated CO2 reduction strategy by narrow margin

Published 16:45 on June 13, 2021  /  Last updated at 13:30 on June 15, 2021  /  EMEA, EU ETS, Switzerland  /  No Comments

Switzerland defeated by a narrow margin the country’s CO2 Act in a referendum on Sunday, rejecting more ambitious emissions reduction measures under an updated climate plan.

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PREVIEW: Switzerland’s climate strategy faces knife-edge public vote

Published 17:20 on June 11, 2021  /  Last updated at 18:46 on June 11, 2021  /  EMEA, New Market Mechanisms, Switzerland  /  No Comments

Switzerland’s updated climate plan is being put to a referendum on Sunday, with experts deeming the vote too close to call despite wide political support for proposals including less reliance on foreign offsets and innovative flight taxes.

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Switzerland, Thailand lay foundation for future Paris carbon credit deal

Published 22:47 on June 1, 2021  /  Last updated at 22:47 on June 1, 2021  /  Africa, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, Switzerland  /  No Comments

Switzerland intends to procure carbon offsets from Thailand under a joint statement signed by the two nations on Friday, marking the fourth arrangement for Paris-era international emissions trade orchestrated by Bern to date.

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Switzerland to sign next Paris-era carbon offset deal with Senegal -official

Published 18:33 on May 27, 2021  /  Last updated at 11:27 on May 31, 2021  /  Africa, Americas, Climate Talks, EMEA, International, New Market Mechanisms, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland will soon announce its third bilateral deal under the Paris Agreement’s Article 6 to purchase carbon offsets from Senegal and is undertaking formal and informal discussions with a host of other countries on future arrangements, an official from the European country’s credit procurement agency said Thursday.

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