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IATA launches aviation carbon credit exchange, announces first trade

Published 21:03 on November 25, 2020  /  Last updated at 23:18 on November 25, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, New Market Mechanisms, South & Central, US, Voluntary Market  /  No Comments

Aircraft operators’ association IATA on Wednesday launched its Aviation Carbon Exchange (ACE) to facilitate trade in both CORSIA-eligible and voluntary offsets, also announcing the inaugural transaction on the platform.

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Averna acquisition of ClimateCare puts offset firm on “professional investment footing” ahead of market boom, says founder

Published 18:17 on November 25, 2020  /  Last updated at 18:26 on November 25, 2020  /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The recent acquisition by private equity firm Averna Capital of a majority stake in ClimateCare will help prepare the low-carbon project developer for massive growth in the global offset market, the company’s founder told Carbon Pulse.

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US company launches personal carbon offset service from $10/tonne

Published 15:26 on November 25, 2020  /  Last updated at 15:50 on November 25, 2020  /  Africa, Americas, Asia Pacific, International, Other APAC, REDD, US, Voluntary Market  /  No Comments

A Colorado-based company announced a new service this week for consumers to buy voluntary carbon credits to offset their own emissions or those of others, with the initial product offerings coming from a handful of forestry projects.

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Two CORSIA programmes approved as first REDD standards in a compliance carbon market

Published 19:25 on November 20, 2020  /  Last updated at 22:43 on November 20, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN body ICAO’s Council this week fully approved a new jurisdictional REDD programme to supply carbon credits under the pilot phase of the CORSIA global aviation offset scheme, that alongside an update to a previously-recognised standard will see a compliance-based carbon market accept international deforestation reduction units for the first time.

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Switzerland signs second carbon offset deal with Ghana

Published 13:41 on November 18, 2020  /  Last updated at 13:41 on November 18, 2020  /  Africa, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland has agreed a bilateral deal with Ghana to purchase carbon offsets under the Paris Agreement’s Article 6, in the second such agreement announced by the European nation in as many months.

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British PM Johnson unveils 10-point climate plan to spark new, ‘green’ industrial revolution

Published 22:30 on November 17, 2020  /  Last updated at 14:18 on November 18, 2020  /  Climate Talks, EMEA, International, Voluntary Market  /  No Comments

British Prime Minister Boris Johnson on Tuesday unveiled a 10-point plan to mobilise tens of billions of pounds in public- and private-sector investment and spark a “green industrial revolution” in the country.

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Indian carbon trading firm to launch IPO

Published 10:59 on November 17, 2020  /  Last updated at 01:31 on November 18, 2020  /  Asia Pacific, Bavardage, International, Other APAC, Voluntary Market  /  No Comments

India’s biggest carbon and renewable energy credit trading company is preparing to list on the BSE bourse in Mumbai in a bid to raise funds that will allow it to expand its activities.

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Singapore firm hopes new LNG contract can drive carbon offset demand

Published 09:23 on November 13, 2020  /  Last updated at 02:10 on November 14, 2020  /  Asia Pacific, EMEA, International, Middle East, Other APAC, Voluntary Market  /  No Comments

Singapore-based Pavilion Energy this week signed a first LNG contract with Qatar Petroleum that quantifies the fuel’s GHG emissions from well to discharge port, which the company hopes can become a new industry standard and drive demand for carbon offsets.

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Goldman Sachs Int’l CEO on carbon markets: They are for real, and demand is going to grow

Published 23:25 on November 12, 2020  /  Last updated at 00:49 on November 13, 2020  /  Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, EU ETS, International, US, Voluntary Market  /  No Comments

“Trading carbon is going to be for real, and the demand for it is going to grow. So the question is how do we bring this together in one place,” said Goldman Sachs International CEO Richard Gnodde.

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Audio recordings of Carbon Pulse’s side events at the ICAP-IETA Carbon Markets Virtual Pavilion

Published 16:46 on November 12, 2020  /  Last updated at 17:37 on November 12, 2020  /  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, Conversations, Dialogue, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

Here is a summary of Carbon Pulse’s free side events at this week’s IETA-ICAP Carbon Markets Virtual Pavilion, along with links to the audio recordings. (Video recordings not available to due to file size considerations)

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