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Mexico’s carbon market plans picking up pace, targeting WCI link by 2021

Published 00:13 on April 22, 2017  /  Last updated at 00:21 on April 22, 2017  /  Americas, Aviation, Canada, Carbon Taxes, Mexico, US  /  No Comments

Mexico will launch its pilot carbon market in early 2018, with an aim to kick off its official ETS later that year and to link to other North American schemes by 2021.

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Delta Air Lines prepares for CORSIA compliance as worries emerge over scheme

Published 05:09 on April 21, 2017  /  Last updated at 05:09 on April 21, 2017  /  Americas, Aviation, Climate Talks, International, Kyoto Mechanisms, US, Voluntary Market  /  No Comments

With the rules dictating what types of offsets can be used under the UN’s aviation carbon market still unclear, Delta Air Lines – one of the world’s top three carriers – is hoping that credits it bought to offset growth after 2012 can be used to inform the company’s new compliance obligations from 2021.

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EU-funded study casts doubt on integrity of UN’s flagship offset programme

Published 19:05 on April 19, 2017  /  Last updated at 09:59 on April 27, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Almost three-quarters of the supply of EU ETS-eligible CDM carbon credits to 2020 are unlikely to deliver genuine emission reductions, according to an EU-funded study that green groups say should serve as a clear warning against the future use of offsets as a climate policy tool.

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ALLCOT’s voluntary market report – April 2017

Published 15:02 on April 18, 2017  /  Last updated at 15:02 on April 18, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Views, Voluntary Market  /  No Comments

The voluntary market is facing up to a challenging period as a new global mechanism is developed by the United Nations and while companies pursue fast-growing markets in low-carbon energy.

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Althelia aims to double its land-use project portfolio, disputes watchdog claims

Published 21:52 on March 24, 2017  /  Last updated at 10:28 on March 30, 2017  /  Africa, Asia Pacific, Aviation, EMEA, International, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Natural capital vehicle Althelia Climate Fund said it is on course to double its project portfolio this year in an effort to secure returns for investors, responding to watchdog groups that raised concerns about its ability to generate revenues after it earned at least €4.4 million in management fees.

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First proposals for CORSIA-approved aviation offset criteria due this year -ICAO

Published 00:12 on March 4, 2017  /  Last updated at 00:12 on March 4, 2017  /  Aviation, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

Initial recommendations on what emission credits should be allowed in the UN’s new global aviation offset scheme will be made this year, a senior ICAO official said this week, potentially giving airlines and low-CO2 project developers the first investment signals in what is expected to be a multi-billion dollar carbon market.

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CDM board delves deeper into voluntary market to save its struggling scheme

Published 19:24 on February 27, 2017  /  Last updated at 19:24 on February 27, 2017  /  Africa, Asia Pacific, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The CDM’s executive board has decided to reach out to companies involved in voluntary offsetting and wider corporate responsibility efforts in an attempt to shore up more appetite for CERs, which continue to languish below €0.30 amid scarce demand.

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IMO protests EU lawmaker efforts to backstop shipping emission curbs

Published 20:52 on January 9, 2017  /  Last updated at 20:52 on January 9, 2017  /  Aviation, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

The head of UN shipping body IMO has written to EU leaders warning that moves by the bloc to curb the sector’s emissions, should a global deal falter, risk undermining those negotiations.

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EU’s top court rules regulation of Swiss flights under EU ETS is legal

Published 11:40 on December 21, 2016  /  Last updated at 11:40 on December 21, 2016  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

The EU is not obligated to treat equally under its ETS flights between Switzerland and the bloc and those to and from countries outside of Europe, the bloc’s top court ruled Wednesday, upholding the opinion of one of its advisors and ensuring Swiss aviation emissions stay regulated by the scheme.

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EXCLUSIVE: Is China backtracking on UN aviation carbon market deal?

Published 00:54 on December 13, 2016  /  Last updated at 01:02 on December 13, 2016  /  Americas, Asia Pacific, Aviation, China, China's National ETS, China's Offset Market, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China wants assurances including that its airlines can use domestic carbon offsets to meet obligations under the UN’s global aviation carbon market, a senior government official said Monday, revealing that his country was not yet fully in support of the ICAO deal despite having signed it two months ago.

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