Italy, New York City among latest governments to join ‘Under 2 MOU’
Another 14 national and sub-national governments, including Italy and New York City, on Sunday signed up to the ‘Under 2 MOU’, an international effort to keep global warming below 2 degrees.
View ArticleMexican airline Aeromexico inks CER purchase deal
Mexican airline Aeromexico on Friday announced that it had agreed a deal to buy CERs to help meet international emission reduction goals adopted by the sector.
View ArticleMexico, Quebec to cooperate on carbon markets
Mexico and Quebec on Monday signed an agreement that will allow Mexico to learn about its Canadian counterpart’s carbon market as it thrashes out its climate change policies.
View ArticleCalifornia regulators back REDD offsets in cap-and-trade scheme from 2018
California emitters may use offsets from REDD projects in countries like Brazil and Mexico to comply with the state’s cap-and-trade scheme from 2018 if a new proposal from the Air Resources Board (ARB)...
View ArticleMarkets emerge as main drivers of forest carbon cuts -report
Carbon markets in 2014 emerged for the first time as the biggest source of funding for projects to cut GHG emissions from deforestation and forest degradation, according to a report released Tuesday.
View ArticleGovernments, companies launch coalition to strengthen global carbon pricing
Nineteen governments and nearly 90 businesses on Monday launched a global body intended to strengthen and expand carbon pricing across the globe.
View ArticleWorld Bank CO2 pricing support group’s to-do list: allay corporate discord,...
The main objective of the World Bank’s new high-level Carbon Pricing Leadership Coalition (CPLC), according to the institution’s top climate change official, is to act as a support group for...
View ArticleFour US states have expressed interest in joining WCI, says Quebec’s Heurtel
Four US states have expressed interest in joining the WCI emissions trading programme, Quebec’s environment minister told Carbon Pulse on Wednesday, which would more than double the scheme’s current...
View ArticleSeventeen nations back New Zealand declaration on carbon markets
New Zealand, in the waning minutes of the Paris climate summit, issued a declaration supporting carbon markets, in a move backed by 17 countries and aimed at boosting lawmaker and investor confidence...
View ArticleGlobal low-carbon energy investment soars to new record in 2015 -BNEF
Investment in low-carbon energy sources surged in the US, China, India, Latin America and Africa in 2015, driving the global total to a record $329.3 billion, a 4% rise from 2014's revised $315.9...
View ArticleHigh-level coalition challenges world to double carbon pricing coverage by 2020
A coalition of national, state, and city leaders, along with the heads of the World Bank, IMF, and OECD, on Thursday challenged the world to double its current carbon pricing coverage to 25% of global...
View ArticlePrice-driven GHG cuts get more elusive as expectations diverge -survey
A yawning gap has emerged between the carbon prices that IETA members expect and those they think are needed to meet the objectives of the Paris Agreement, a survey showed.
View ArticleValue of global CO2 pricing schemes steady at $50B in 2015, but govt revenues...
The world’s carbon markets and tax regimes were collectively worth just under $50 billion last year, little changed from 2014’s levels, though governments were able to raise 60% more through the...
View ArticleInternational emission trade talks begin slowly as NZ, Japan set pace
UN climate negotiations meeting in Bonn over the past fortnight began a long-haul process to refine rules for international emissions trade, with Japan and New Zealand vowing to advance their own plans...
View ArticleWITHDRAWN-Colombian firm seeks Mexican CERs, says willing to pay premium
**We have withdrawn the story below at the request of MGM Innova, which claims that the UNFCCC made a series of mistakes in handling the firm's expression of interest, including publishing an incorrect...
View ArticleMexico to roll out pilot carbon trading market in 2017
Mexico will launch a pilot emissions trading scheme next year covering 60 major power generators, manufacturers, and transport firms, the government announced, as it gears up efforts to use...
View ArticleReal emissions, fake money: Mexico takes baby steps towards carbon trade
Mexico’s launch of a pilot emissions trading initiative will simulate a cap-and-trade system but feature no real transactions in an effort to prepare companies for the real thing.
View ArticleOntario, Quebec strike carbon trading deal with Mexico
Canadian provinces Ontario and Quebec on Wednesday struck a deal with Mexico to cooperate on carbon trading, bringing North America a small step closer to a common emissions market.
View ArticleSub-nationals to forge path to North American carbon market -Canadian ministers
Moves towards a North American carbon market will need to be driven by states and provinces, two Canadian environment ministers suggested on Wednesday, meaning sub-national governments would continue...
View ArticleEXCLUSIVE: Switzerland, Canadian provinces in high-level carbon market...
Switzerland, Quebec and Ontario have opened high-level talks over linking their carbon markets, several well-placed sources told Carbon Pulse, in what could develop into a bridge between North America...
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