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FEATURE: Climate finance, not offsets, increasingly seen as a nature-based solution as critics persist

Published 19:38 on December 3, 2021  /  Last updated at 19:38 on December 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Middle East, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US  /  No Comments

With nature-based credits valued at a growing price premium to other types of carbon offsets, scrutiny over the process is also on the rise, with even forest protection standards that are said to be raising the bar on quality finding criticism for lacking environmental integrity.

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EU lawmakers seek changes to CO2 border measures that could ease impact on US emitters

Published 19:20 on November 26, 2021  /  Last updated at 19:49 on November 26, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

The European Parliament’s cross-party trade committee is seeking changes to the EU’s proposed Carbon Border Adjustment Mechanism (CBAM) that could substantially lower costs faced by US emitters, according to a draft report published this week.

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Campaigners cheer small victory for Arctic at UN’s shipping climate talks

Published 18:08 on November 26, 2021  /  Last updated at 18:08 on November 26, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

A voluntary measure to reduce shipping’s black carbon emissions in the Arctic was adopted at the UN’s International Maritime Organisation (IMO) negotiations on Friday, a move welcomed by green groups as a modest step while other climate decisions for the sector were deferred. 

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ANALYSIS: Switzerland touts model for international emissions trade, voluntary market

Published 18:00 on November 25, 2021  /  Last updated at 14:58 on November 29, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland sealed its fifth and sixth bilateral crediting agreements on the sidelines of the Glasgow UN climate talks this month, touting the deals as a model of Paris Agreement-era emissions trade for countries as well as for companies in the voluntary carbon market.

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IMO climate talks slog along with another blockade to climate action, this time on black carbon

Published 16:43 on November 25, 2021  /  Last updated at 16:43 on November 25, 2021  /  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

Climate progress under the UN’s International Maritime Organisation (IMO) faced another roadblock Thursday, as a handful of countries moved to block a resolution to reduce black carbon emissions in the Arctic – even though these were voluntary, non-binding measures.

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ANALYSIS: US-led release of oil reserves defies carbon pricing push

Published 18:05 on November 24, 2021  /  Last updated at 18:05 on November 24, 2021  /  Africa, Americas, Asia Pacific, Carbon Taxes, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

The US-led release of millions of barrels of oil from strategic reserves by major consumer nations this week goes in the opposite direction to what climate experts say will help shift the world off fossil fuels.

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Several nations baulk at 2050 net zero shipping goal as IMO talks resume

Published 21:10 on November 22, 2021  /  Last updated at 21:10 on November 22, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

Several countries attempted to block efforts to raise the shipping sector’s emissions target to a 2050 net zero goal on Monday, as week-long talks begin at the UN’s International Maritime Organization (IMO).

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ANALYSIS: REDD faces longer road to Paris era crediting after Glasgow talks setback

Published 22:08 on November 19, 2021  /  Last updated at 22:09 on November 19, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Efforts to develop REDD+ forest protection carbon credits in the Paris Agreement era risk a long road ahead, as divisive views marked the Glasgow COP26 climate summit.

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ANALYSIS: Glasgow could be a ‘game-changer’ for fossil fuel subsidies

Published 15:19 on November 17, 2021  /  Last updated at 15:19 on November 17, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Language on fossil fuel subsidy reform in the decision of the COP26 UN climate conference was dismissed by some as another empty promise, but others believe it could pave the way for drastic cuts in government support for oil, gas, and coal.

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Swiss-EU ETS allowance transfer calendar for 2022 published

Published 13:58 on November 17, 2021  /  Last updated at 13:58 on November 17, 2021  /  EMEA, EU ETS, Switzerland  /  No Comments

The EU and Switzerland have published the ETS allowance transfer window schedule for 2022, providing 28 one-day opportunities for units to flow between the linked carbon markets.

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