Global News

$4bn REDD+ agreement sends glimmer of hope to private sector

16 June, 2010

Governments last month pledged to provide $4 billion in finance for a framework to protect forests through the intergovernmental REDD+ Partnership – which also acknowledges the role of the private sector in scaling up finance for the sector.

IETA floats carbon-linked bond idea

16 June, 2010

An innovative approach to attract billions of dollars from the bond market to finance low-carbon growth in developing countries has been outlined by the International Emissions Trading Association.

IFC plans post-2012 carbon fund

16 June, 2010

The International Finance Corporation is awaiting board approval to establish a carbon fund to buy emissions credits generated after 2012 from projects it has financed.

Project-based deals

16 June, 2010

Recent project-based deals in the carbon market.

Voluntary trading begins on CTX

09 June, 2010

The first global spot exchange for verified emission reductions launched this week.

CDM projects get ‘automatic’ additionality as Board adopts reform plan

02 June, 2010

Small-scale Clean Development Mechanism projects can now automatically prove ‘additionality’, removing a significant uncertainty in the project registration process as the Executive Board moves to improve the mechanism.

UN climate chief urges progress on market debate

02 June, 2010

Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change secretariat, has called on negotiators to start addressing the role of the carbon market in a post-2012 climate change agreement.

CDC Climat eyes investments in north Africa, Europe

02 June, 2010

Climate change projects in Europe and along the southern shore of the Mediterranean will be a major focus of CDC Climat in the coming years, according to chairman and director general Pierre Ducret.

Two thirds of shareholders back post-2012 vehicle – TEP

02 June, 2010

Two-thirds of its shareholders currently want Trading Emissions Plc to continue operating post-2012, according to its investment advisor, but a decision is going to be deferred until 2012.

Emissions prices too low to prevent 2°C warming, finds IETA survey

26 May, 2010

Carbon prices will not rise high enough to keep global warming within the 2°C limit agreed at Copenhagen, according to a survey of market participants published today.

Investors plough €11 billion into carbon funds, says CDC

26 May, 2010

A total of €10.8 billion had been invested in funds designed to finance reductions in greenhouse gas emissions by the end of 2009, according to French bank Caisse des Dépôts.

Voluntary offset buyers choosy on project type

26 May, 2010

Project type is the most important criteria for retail buyers of voluntary carbon offsets, according to a poll published last week.

2°C temperature rise likely to be exceeded – survey

26 May, 2010

Carbon market specialists are pessimistic about the likelihood of curbing global warming, according to a recent survey.

Negotiating text eyes market mechanism agreement by 2011

19 May, 2010

Agreement on new market-based mechanisms for reducing greenhouse gas emissions will not be reached until the end of next year, proposes a draft negotiating text.

Investors split on REDD carbon potential

19 May, 2010

One of the pioneers of the carbon market has questioned the ability of carbon credits from reduced deforestation and degradation projects to ever drive investment into forestry – but other investors argue that such projects offer attractive medium-term potential.

VCS to reward methodology developers?

19 May, 2010

The Voluntary Carbon Standard Association is seeking feedback on a proposal to compensate developers of new methodologies.

Bulgaria faces carbon trading suspension

19 May, 2010

The UN is likely to suspend Bulgaria from carbon trading at the end of June, its environment ministry admitted last week.

Drought in China hits Tricorona portfolio

13 May, 2010

Swedish project developer Tricorona has trimmed its portfolio of carbon credits by 9% over the last three months, it announced in its first-quarter results last month.

Lithuania holds AAU tender

13 May, 2010

Lithuania last month held a tender to sell surplus Assigned Amount Units, and is now deciding which of the potential buyers it will negotiate with.

Project-based deals

13 May, 2010

Recent project-based deals in the carbon market.

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