INTERVIEW: Behavioural analysis of EUA trading strategies needed as power sector decarbonises

Published 16:00 on June 14, 2024  /  Last updated at 18:31 on June 14, 2024  / Alejandra Padin-Dujon /  Aviation/CORSIA, EMEA, EU ETS, International, Shipping

Sector-specific trading strategies for EU carbon allowances will increasingly determine supply and demand balances as free allocations are phased out and Europe’s power sector contiues to decarbonise, according to a carbon analyst and financial modelling expert.

Read More

INTERVIEW: Startup advisory firm fishes for big catch of clients in Blue Ocean strategy

Published 11:50 on June 13, 2024  /  Last updated at 11:50 on June 13, 2024  / Paddy Gourlay /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Threadbare liquidity and a long bear market have sent shivers through many heavyweight players in the voluntary sector, but two stalwarts of the market believe they have picked the opportune time to launch their new advisory and execution service.

Read More

INTERVIEW: Finnish paper giant sees rising demand for synthetic fuels to support CO2 capture

Published 07:15 on June 13, 2024  /  Last updated at 16:46 on June 12, 2024  / Bryony Collins /  Aviation/CORSIA, EMEA, International, Shipping, Voluntary

Rising demand for synthetic fuels in aviation and shipping to meet EU decarbonisation targets is driving plans to install carbon capture facilities at pulp and paper mills in the Nordics, with potential to capture about 12 million tonnes of biogenic CO2 annually.

Read More

CF NORTH AMERICA: Companies may opt out of SBTi pending outcome of Scope 3 emissions policy

Published 21:22 on June 12, 2024  /  Last updated at 21:32 on June 12, 2024  / Allison Gacad /  Americas, Aviation/CORSIA, Canada, EMEA, Nature-based, US, Voluntary

Companies’ desire to be “quick and flexible” in meeting net zero targets may opt out of the Science-Based Targets initiative (SBTi), following recent internal controversy regarding the eligibility of voluntary carbon credits in offset of Scope 3 emissions under SBTi targets, conference attendees heard Wednesday.

Read More

Issuances of poor-quality voluntary credits fall in 2024, finds rating agency

Published 14:39 on June 12, 2024  /  Last updated at 14:41 on June 12, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Issuances of the lowest-quality credits have fallen by almost half so far this year as a total share of the market, although the grade continues to house the largest share of credits, according to a rating agency.

Read More

New insurance product protects carbon credits from political and extreme weather risks

Published 11:46 on June 11, 2024  /  Last updated at 11:46 on June 11, 2024  / Sara Stefanini /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

An insurance provider has launched a new product to safeguard the purchase of carbon credits in case they are cancelled or invalidated as a result of political risks such as regulatory changes or the impact of weather on carbon projects, it announced on Tuesday.

Read More

OECD launches call for IEA to procure clean cookstove, SAF carbon credits

Published 18:44 on June 10, 2024  /  Last updated at 18:44 on June 10, 2024  / Alejandra Padin-Dujon /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

The OECD has launched a call for tenders, on behalf of the International Energy Agency (IEA), to source suppliers of clean cookstove and sustainable aviation fuel (SAF) carbon credits.

Read More

VCM Report: CCP-tagged voluntary carbon credits fail to ignite market, hopes pinned on slow burn impact

Published 16:45 on June 10, 2024  /  Last updated at 16:45 on June 10, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Middle East, Nature-based, Voluntary

The first voluntary credits tagged with the Core Carbon Principles (CCP) label nudged higher last week, after the ICVCM approved its methodologies, but expectations that the integrity-stamped units would immediately spark demand were snubbed out.

Read More

Xpansiv quickly adds CCP label to credits tagged with high integrity stamp

Published 18:43 on June 6, 2024  /  Last updated at 19:31 on June 6, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Aviation/CORSIA, International, Voluntary

Xpansiv has moved quickly out of the blocks to ensure credits are labelled with the ICVCM’s high integrity Core Carbon Principles (CCP) label after the stakeholder initiative approved eligibility of seven methodologies on Thursday.

Read More

World’s first carbon insurance product launched to protect trade in ITMOs

Published 05:01 on June 6, 2024  /  Last updated at 17:31 on June 5, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Aviation/CORSIA, International, Nature-based, Paris Article 6, Voluntary

The world’s first insurance solution was launched Thursday to protect against the risk of an ITMO credit losing its Article 6 authorization due to the corresponding adjustment (CA) not being made by the host country.

Read More