Camco signs another carbon commercialisation deal
23 December, 2009
Camco has sold 2.5 million certified emission reductions to an unnamed buyer, for a profit of at least €6 million.
Global News
Camco sells 2.1m CERs in forward deal
16 December, 2009
Emissions reduction project developer Camco has sold 2.1 million certified emission reductions to an undisclosed buyer, giving the company profit of €9.8 million before fees.
World Bank closes in on $200m for Programmatic CDM fund
16 December, 2009
The World Bank is expecting to shortly reach a first close for a new fund that aims to kickstart the emerging market for ‘programmatic’ Clean Development Mechanism projects.
IETA unveils new draft master trading agreement
16 December, 2009
The International Emissions Trading Association has unveiled a draft international emissions trading master agreement, designed to reflect the anticipated globalisation of emissions trading.
Pre-CDM credits ‘unjustifiable’ for offsetting – broker
16 December, 2009
Selling early credits from Clean Development Mechanism as carbon offsets is threatening the credibility of the voluntary carbon markets, according to some participants.
Point Carbon warns of issuance crisis in CDM
16 December, 2009
A lack of project finance and a failure to measure emissions reductions will mean that 30% of registered Clean Development Mechanism projects will never generate carbon credits, according to analysis by Point Carbon.
Markit announces two alliances on forestry credits
16 December, 2009
Financial information company Markit has announced tie-ups with an environmental market in Brazil and a carbon offset company which has developed a new offset standard.
Spain to launch national carbon fund
11 December, 2009
Spain is to establish a ‘public’ carbon fund with the aim of encouraging companies to participate in the Clean Development Mechanism and Joint Implementation programmes.
CDM Board lifts SGS suspension
09 December, 2009
Verification firm SGS has been cleared to submit Clean Development Mechanism projects for registration and request credits for emission reductions.
Blue Source, NGO team up for forestry projects
09 December, 2009
Project developer Blue Source and NGO the Nature Conservancy have launched a programme to reduce costs for small to mid-size US landowners who wish to gain revenue from carbon credits for preserving their forests.
CDM set to deliver a fraction of forecast CERs – developer
02 December, 2009
The Clean Development Mechanism is on course to deliver less than half of the certified emission reduction credits forecast by the UN, according to a leading project developer.
ERU supply to reach 150 million by 2012, says Vertis[free access]
02 December, 2009
The carbon market will only see another 150 million emission reduction units issued by 2012, predicted Hungary-based carbon trading firm Vertis Environmental Finance.
BNP Paribas buys credits from Russian gas projects
02 December, 2009
French bank BNP Paribas has struck two deals to acquire carbon credits from Russian oil company TNK-BP.
CCC names former BP exec as chairwoman
25 November, 2009
Carbon asset manager Climate Change Capital has named Vivienne Cox as non-executive chairwoman, effective 1 December, as the company eyes a push into renewable energy and clean technology.
Copenhagen summit ‘victim of timing’ – EMA chairman[free access]
25 November, 2009
A post-2012 climate deal will not be reached at next month’s UN climate meeting in Copenhagen because of bad timing, said Thad Huetteman, chairman of the Environmental Markets Association last week.
NGOs warn against climate ‘Doha’
25 November, 2009
A group of environmental NGOs have warned against allowing a deadline to agree a post-2012 climate agreement to be extended indefinitely, as the likelihood wanes of next month’s summit in Copenhagen ending in a legally binding treaty.
NGOs give CDM a ‘passing grade’, call for reforms
25 November, 2009
Six non-profits have concluded that the Clean Development Mechanism could provide sufficiently high-quality carbon offsets for a future US cap-and-trade programme, but have called for significant reforms.
Russia finalises JI rules – but investors are braced for more delays
18 November, 2009
The Russian government has finally approved its rules for Joint Implementation projects, but project investors say the regulations have introduced more uncertainty which could prolong their inability to sell emission reductions.
Lithuania plans to sell 50m AAUs
18 November, 2009
Lithuania has set a quota to sell 50 million Assigned Amount Units before the end of 2012 and is considering regulating future sales under a post-2012 climate agreement, according to an environment ministry official.
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