South Africa’s parliament approves long-awaited carbon tax bill
South Africa’s parliament on Tuesday approved the country’s long-awaited carbon tax bill, clearing a key hurdle in keeping the measure on track to enter into force this spring.
Read MoreClimate Action Reserve launches mitigation programme based on forecasted emissions reductions
Companies will be able to show emission mitigation efforts for future economic developments under a new programme launched Wednesday by California-based offset registry Climate Action Reserve (CAR), a departure from traditional offset activities that award credits after achieving reductions.
Read MoreCalifornia issues nearly 425k offsets as forestry projects net majority
California regulator ARB issued nearly 425,000 California Carbon Offsets (CCOs) this week, with a majority of the credits going to two existing forestry offset projects.
Read MoreECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle
Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.
Read MoreWorld Bank carbon fund inks first REDD payment deals
Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.
Read MoreCARBON FAST FORWARD: A new series of regional carbon market conferences
Carbon Forward is launching a series of regional European carbon market conferences to help delve deeper into the issues affecting companies with exposure to the EU Emissions Trading System (ETS).
Read MoreWITHDRAWN-South Africa’s long-awaited carbon tax may see further delay -PwC
**This story has been withdrawn due to inaccurate information published Feb. 8 by PwC. The consulting firm’s comments were based on an old version of South Africa’s carbon tax bill.**
Read MoreSouth African carbon tax bill heads for parliament vote after committee approval
A South African parliamentary committee on Tuesday approved the country’s carbon tax bill, moving the long-awaited levy a step closer to becoming law.
Read MoreFrench, Indian firms awarded UN offsetting contracts in 2018
The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.
Read MoreOil major BP joins rival Shell in beefing up climate disclosure
Oil major BP has bowed to investor pressure by agreeing to disclose more information about how it views the climate risk of its operations, though it rejected campaigner calls to set emission targets for its products.
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