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Carbon markets

China launches world's largest carbon market for power sector

China launches world’s largest carbon market for power sector

China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the short term

UN-led carbon market suspends formal project registration after 2020

UN-led carbon market suspends formal project registration after 2020

Countries are under mounting pressure to resolve carbon trading rules at Cop26, as the future of the Clean Development Mechanism hangs in the balance

Brazil sets 'indicative' goal of carbon neutrality by 2060

Brazil sets ‘indicative’ goal of carbon neutrality by 2060

Brazil is seeking to join the net zero club, but campaigners denounced its pledge as meaningless while deforestation rises under President Bolsonaro

Mark Carney oversees blueprint for scaling up carbon market as offset demand soars

Mark Carney oversees blueprint for scaling up carbon market as offset demand soars

With more and more businesses setting net zero emissions targets, the voluntary carbon market needs stronger quality control to scale up, says UN special envoy

Peru and Switzerland sign 'world first' carbon offset deal under Paris Agreement

Peru and Switzerland sign ‘world first’ carbon offset deal under Paris Agreement

In an agreement that took two years to negotiate, Peru will get finance for sustainable development projects while Switzerland takes credit for the emissions cuts

Fate of UN-led carbon market to be decided behind closed doors

Fate of UN-led carbon market to be decided behind closed doors

The executive board is considering an extension of the Clean Development Mechanism beyond 2020, under industry pressure but with no political mandate

Despite socialist scepticism, Cuba shows interest in carbon trading

Despite socialist scepticism, Cuba shows interest in carbon trading

In its national climate plan, Cuba indicated it would like to sell carbon credits on an international market, a concept previously opposed by socialist allies

'Final blow' to aviation climate plan as EU agrees to weaken rules

‘Final blow’ to aviation climate plan as EU agrees to weaken rules

EU member states will back an industry proposal to reduce airlines’ climate obligations in response to the coronavirus pandemic, at the UN aviation forum

Delay to climate talks deepens uncertainty over future of carbon markets

Delay to climate talks deepens uncertainty over future of carbon markets

Project developers in poor countries are struggling to attract finance, as deadlock on international carbon trading rules cannot be resolved before November 2021

Airlines could get free pass on climate for five years under industry proposal

Airlines could get free pass on climate for five years under industry proposal

The industry is lobbying to rewrite the rules of a UN aviation pact, in a move researchers say would remove pressure to invest in clean flying technology

Airlines urge UN body to ease climate goals for 2020s as traffic collapses

Airlines urge UN body to ease climate goals for 2020s as traffic collapses

Airlines’ trade association says current plans to offset greenhouse gas emissions from a 2019-2020 baseline would put an ‘inappropriate economic burden on the sector’

Putting the brakes on - Climate Weekly

Putting the brakes on – Climate Weekly

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Coronavirus may toughen airlines' goals for curbing emissions in 2020s

Coronavirus may toughen airlines’ goals for curbing emissions in 2020s

Coronavirus likely to lower a key 2019-20 baseline for average aviation emissions that will force more carbon offsets if flights rebound in 2020s

Australia's carbon accounting plan for Paris goals criticised as 'legally baseless'

Australia’s carbon accounting plan for Paris goals criticised as ‘legally baseless’

Legal experts wrote to Prime Minister Scott Morrison warning the use of old carbon credits to meet the country’s 2030 goals would set a ‘dangerous precedent’

Cop25: What was achieved and where to next?

Cop25: What was achieved and where to next?

After two weeks of talks, many issues remain unresolved. Here we break down the major fights and minor breakthroughs of the UN conference in Madrid

Australia and Brazil carbon credits will put 1.5C out of reach, 31 countries say

Australia and Brazil carbon credits will put 1.5C out of reach, 31 countries say

Group led by Costa Rica publishes ‘minimum’ standards for carbon markets that rule out double counting and use of Kyoto-era credits

Push for carbon loopholes sends climate talks into overtime

Push for carbon loopholes sends climate talks into overtime

Australia, US and Brazil threatening ‘spirit’ of the Paris Agreement, says Costa Rican minister, as fractious talks could drag into the weekend

Carbon markets will not help stop climate change

Carbon markets will not help stop climate change

Trading carbon is widely said to make emissions cuts cheaper. But for whom? And why is it dominating climate diplomacy in Madrid?

Australia, Brazil and Saudi Arabia blocking climate talks, says Green MEP

Australia, Brazil and Saudi Arabia blocking climate talks, says Green MEP

Efforts to bring together different strands of the financing of climate action are being hampered at Cop25, says Bas Eickhout, while elsewhere steps forward are being made

Carbon offsets have patchy human rights record. Now UN talks erode safeguards

Carbon offsets have patchy human rights record. Now UN talks erode safeguards

A new global carbon market could unleash finance for projects around the world. But protections for local communities were weakened in draft rules at Cop25

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