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Cheap Asian renewables dominate voluntary offset supply -report

Carbon credits from large renewables projects in countries such as China and India dominate global voluntary market supply, though they are priced cheaper than almost any other offset type, according...

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Airport GHG initiative to review offsetting guidance ahead of CORSIA...

An airport association is reviewing its guidance on its voluntary offsetting standards in what may prove to be a key forerunner of rules to be decided under the far bigger CORSIA airline carbon market.

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World’s 2C target a distant dream as emissions set to surpass limit by 13 Gt,...

The world is far off course to reaching its goal of limiting global temperature rise to 2C, as global emissions are set be 11-13.5 billion tonnes higher in 2030 than required to meet the target, the UN...

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IETA urges ICAO Council to approve offset certification programmes for CORSIA

Emissions trading lobby IETA is urging ICAO’s Council to provide clarity for airlines and investors by adopting proposed eligibility criteria for its CORSIA offset programme, which is understood to...

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Global carbon pricing costs, coverage need to rapidly increase, World Bank...

The expansion of carbon pricing globally needs to accelerate, while the cost of emitting in most of the jurisdictions that have programmes in place needs to increase rapidly, a World Bank report warned...

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ECOSYSTEM MARKETPLACE: Forests can absorb 1 trillion tonnes of carbon by 2100

Forests can play a larger and more important role in reducing climate change emissions than previously thought, according to a suite of research released today.

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COP23: German government launches tender to buy 82k CERs to offset summit

The German government has launched a tender to buy 82,000 “high-quality” CERs, preferably from projects in small island developing states (SIDS), to offset emissions stemming from the UN climate summit...

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ECOSYSTEM MARKETPLACE: Forest carbon projects can narrow emissions gap, but...

Before year-end climate talks began in Bonn, Germany last Monday, the United Nations Environmental Program (UNEP) published its 2017 Emissions Gap Report, which warned that existing climate action...

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who...

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit...

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CORRECTED – COP23: Germany puts €50m towards N2O abatement, eyes €20m in...

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World...

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CP Daily: COP23 Special

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal...

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ECOSYSTEM MARKETPLACE: Why the EU needs to embrace forest carbon finance

A new report on forest finance shows that investments in the forest sector fall far short of what’s needed to end deforestation. Conserving and restoring tropical forests could deliver up to 30% of the...

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Global forest carbon finance falls 25% in 2016, report finds

Global funding for efforts to store carbon in forests dropped 25% to $662.1 million in 2016, according to Ecosystem Marketplace’s annual report on the state of forest carbon finance.

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BNP Paribas to launch voluntary carbon market platform next year

A division of French bank BNP Paribas is launching a voluntary carbon offset platform to help connect investors and other credit buyers with project developers.

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South Africa publishes new draft carbon tax bill, with implementation further...

The South African government on Thursday published a second draft of its long-delayed carbon tax bill, making a number of amendments based on stakeholder comments received following the release of the...

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Owner of former offset developer Camco winds up carbon activities

Former carbon credit developer Camco is to close as London-listed parent firm RedT completes a long-standing strategy to focus purely on its energy storage business.

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ECOSYSTEM MARKETPLACE: When ranking clean cookstoves, don’t let the perfect...

When one Ghanaian worker demonstrated her cookstove, she first overfilled it and then used a carcinogenic plastic bag to start the fire. Observers gasped. “Does she know that’s bad for her health?”...

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Virgin Atlantic becomes latest firm to shun credits from controversial...

Airline Virgin Atlantic has become the latest firm to remove a Cambodian REDD+ project from its portfolio of offset sources, according to media reports, amid ongoing claims that large areas covered by...

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Gold Standard adds voluntary project tool to measure gender equality progress

Non-profit certifier Gold Standard has begun to offer investors a way to measure gender equality progress in climate protection projects in the developing world, a part of its effort to broaden...

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ANALYSIS: CORSIA’s wide-door offset policy may give airlines fewer clues on...

Multiple offset certifiers expect to meet required standards for the global CORSIA aviation offset scheme, potentially resulting in a fragmented market that will give airlines more supply options but...

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