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CDM hits dual milestones ahead of UN carbon offset scheme’s potential conclusion

Published 22:53 on October 11, 2019  /  Last updated at 22:53 on October 11, 2019  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

The UN’s Clean Development Mechanism (CDM) passed two noteworthy milestones this month, as countries prepare to determine whether to wind up the project-based carbon finance programme.

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Shell expands carbon neutral driving offer to UK with land offsets

Published 13:02 on October 10, 2019  /  Last updated at 14:06 on October 10, 2019  /  Americas, Asia Pacific, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Oil major Shell will offer British drivers the chance to offset their carbon footprint, it said on Thursday, expanding from its Dutch initiative as part of a global commitment to invest $300 million in land-based emissions-curbing initiatives.

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California offset issuances hit 3-month low as CCO-3 supply balloons

Published 22:11 on October 9, 2019  /  Last updated at 00:14 on October 10, 2019  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB granted more than 349,000 new offsets (CCOs) across two protocols this week, while it reduced the invalidation period on 3.3 mln existing credits, according to data released Wednesday.

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London-based carbon investment firm assembles expert team ahead of fund launch

Published 15:35 on October 8, 2019  /  Last updated at 15:37 on October 8, 2019  /  Americas, Asia Pacific, Bavardage, Canada, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, RINs & LCFS, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A London-based investment management firm has appointed a cast of carbon trading industry veterans as staff and advisors as it prepares to launch a global environmental markets fund.

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ICAO moves toward long-term GHG goal, CORSIA launch despite opposition from 25 nations

Published 23:44 on October 4, 2019  /  Last updated at 20:23 on October 7, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.

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Further clarity on Canadian grassland offset projects to come in 2020 -stakeholders

Published 22:18 on October 2, 2019  /  Last updated at 22:24 on October 2, 2019  /  Americas, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

The prospects for grassland-based offset projects throughout Canada could receive further clarity next year after this month’s pivotal federal election and several provincial developments, stakeholders said Wednesday.

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Mexico publishes final regulation for pilot carbon market

Published 22:06 on October 1, 2019  /  Last updated at 23:51 on October 1, 2019  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

The Mexican environment ministry (SEMARNAT) published a final regulation for its pilot cap-and-trade programme on Tuesday, with the agency yet to determine the market’s annual CO2 caps and free allowance totals for the Jan. 2020 start date.

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Air France to offset all domestic flight emissions from 2020

Published 16:59 on October 1, 2019  /  Last updated at 19:36 on October 1, 2019  /  Aviation, EMEA, EU ETS, International, REDD, Voluntary Market  /  No Comments

Air France will from next year offset the emissions from all of its nearly 500 daily domestic flights, the airline’s CEO announced late Monday.

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San Diego County, environmental organisations gearing up for California offset ruling appeal

Published 22:42 on September 26, 2019  /  Last updated at 11:34 on October 9, 2019  /  Americas, International, US, Voluntary Market  /  No Comments

San Diego County is appealing last year’s California court decision that threw out its climate plan allowing for out-of-jurisdiction voluntary offsets, while green groups reiterate their steadfast opposition to the strategy.

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California mints 1.3 mln offsets as CCO-3 supply rises

Published 22:50 on September 25, 2019  /  Last updated at 23:21 on September 25, 2019  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB issued nearly 1.3 million compliance offsets (CCOs) across seven projects this week and reduced the invalidation period on another 1.1 mln existing credits, according to data released Wednesday.

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