Money flows into N-GEO futures amid low carbon credit prices

Published 15:48 on November 18, 2022  /  Last updated at 17:11 on November 18, 2022  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

Money has started to flow into nature-based futures during the last week of COP27, often a bullish signal for the market, although prices have continued to edge sideways.

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COP27: Roundup for Day 11 – Nov. 17

Published 23:00 on November 17, 2022  /  Last updated at 17:20 on February 9, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, International, Japan, Mexico, New Zealand, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

It’s Thursday – Solutions Day – of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today’s other news and announcements from the summit. Timestamps in local time (EEST, GMT+2).

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FEATURE – COP27: Nations scramble to get ready for international carbon trade despite UN-level Article 6 talks stumbling

Published 13:38 on November 17, 2022  /  Last updated at 14:55 on November 17, 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 Korea, Switzerland, US, Voluntary

Buyer and seller nations of carbon credits are rushing to develop legislative frameworks, strategies, and broaden their understanding of how best to engage in the Paris Agreement’s Article 6.2 international emissions trade provision, despite negotiations floundering at the UN level during the ongoing COP27 summit in Sharm el-Sheikh.

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COP27: Roundup for Day 10 – Nov. 16

Published 23:15 on November 16, 2022  /  Last updated at 21:26 on November 17, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US

It’s Wednesday – Biodiversity Day – of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today’s other news and announcements from the summit. Timestamps in local time (EEST, GMT+2).

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Verra to start piloting digital MRV platform for nature-based projects

Published 11:20 on November 16, 2022  /  Last updated at 11:20 on November 16, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

Verra, the largest certifier body in the voluntary carbon market, will pilot a digital monitoring, reporting and verification (MRV) platform that promises to slash the time and cost of traditional carbon accounting methods, it announced at COP27 on Wednesday.

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COP27: Roundup for Day 9 – Nov. 15

Published 23:58 on November 15, 2022  /  Last updated at 01:11 on November 16, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary

It’s Tuesday of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today’s other news and announcements from the summit. Timestamps in local time (EEST, GMT+2).

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COP27: Are CBAMs bad for climate multilateralism?

Published 20:36 on November 15, 2022  /  Last updated at 23:02 on November 15, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US

The EU’s proposed carbon border adjustment measure (CBAM) was discussed at several events on the sidelines of the COP27 UN climate negotiations on Tuesday, with experts debating whether the policy aligns to the multilateralism spirit of the Paris Agreement.

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COP27: Turkey to bid to host COP31; Czechia, Bulgaria, and Brazil reported to seek 2024-25 climate summits

Published 10:39 on November 15, 2022  /  Last updated at 18:40 on June 6, 2023  /  Africa, Americas, Asia Pacific, Australia, Climate Talks, EMEA, International, Middle East, Other APAC, Paris Article 6, South & Central, Switzerland

Turkey has emerged as a bidder to host the COP31 global climate summit, putting up a challenge to Australia and the Pacific Islands, which were thought to have been the sole contender to hold the talks in 2026 up until now, while Czechia and Brazil are reported to be respective candidates for COP29 and 30.

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COP27: Three-quarters of OECD on course for 2030 coal exit as corporates shift focus to financing fossil fuels in Africa

Published 01:01 on November 15, 2022  /  Last updated at 19:44 on November 14, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South Korea, Switzerland, US

Countries that belong to the Organisation for Economic Co-operation and Development (OECD) are set to close three-quarters of their coal power plants by 2030, but research shows that fossil fuel companies mostly based in such nations have begun to ramp up new investment in Africa instead.

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Carbon Pulse hires first product director, doubles Brussels reporting team amid major growth push

Published 00:40 on November 15, 2022  /  Last updated at 00:44 on November 15, 2022  /  Americas, Bavardage, EMEA, EU ETS, International, Switzerland, UK ETS, US, Voluntary

Carbon Pulse has hired its first product director, as the world’s leading carbon markets news service focuses on developing its non-editorial content, while it has also doubled its Brussels-based reporting team amid a major growth push.

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