Switzerland selects first ITMO activities for emission trade deals
Switzerland’s carbon credit procurement agency has selected three GHG-reducing activities for its initial call for proposals, aiming to tie up its first emission trade deals under the Paris Agreement’s market-based Article 6.
Read MoreBY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading
There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.
Read MoreCarbon pricing schemes grow in numbers, but still too few and too cheap to meet Paris goals -report
The number of planned or implemented carbon pricing mechanisms worldwide has grown to 57, but without expanded coverage and higher prices they won’t be sufficient to help meet the temperature goals in the Paris Agreement, a World Bank report said Friday.
Read MoreSwitzerland invites ITMO emission activity proposals, bars land-use
Switzerland’s carbon credit procurement agency has opened its first call for proposals for GHG-cutting activities, with the aim of tying up its first emission trade agreements under the Paris Agreement.
Read MoreSwiss CO2 permits recover in latest auction, but still cheap compared to pre-link EU price
Swiss carbon prices have recovered from their recent low, according to the country’s latest auction results, but they remain valued well below the EU Allowances towards which they are expected to converge as the two schemes prepare to link.
Read MoreBRIEFING: Proposed pre-linkage Swiss ETS rule changes include holding limits, high price floor
Switzerland has launched a consultation over proposed changes to its emissions trading regulations that are needed before it links its carbon market to the EU ETS, floating protective measures including allowance holding limits and a high price floor based on the social cost of carbon.
Read MoreSwiss lawmakers give final approval for EU ETS link, setting up 2020 connection
Swiss lawmakers have given final approval to the country’s carbon market link with the EU ETS, paving the way for the connection to start next January.
Read MoreICAP Status Report 2019: Emissions Trading Worldwide
Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.
Read MoreSwiss senate approves EU ETS linking bill, setting up final vote
Swiss lawmakers in both legislative chambers have approved the country’s carbon market link to the EU ETS, advancing the bill to a final vote later this month that will also likely approve a price floor for the small scheme.
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