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ALLCOT’s Voluntary Carbon Market Report – May 2017

Published 10:44 on May 18, 2017  /  Last updated at 16:54 on June 16, 2017  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Views, Voluntary Market  /  No Comments

In this month’s issue, ALLCOT looks at a reported rise in demand for CP1 CERs and what it means for VERs, plus they examine a new policy brief from The Gold Standard that suggests the development of NDCs risks marginalising carbon offsetting.

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Carbon market expects to avoid Trump backfire -survey

Published 09:00 on May 18, 2017  /  Last updated at 10:19 on May 18, 2017  /  Americas, Asia Pacific, Aviation, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, US, Voluntary Market  /  1 Comment

Most global carbon market participants don’t expect the Trump presidency to directly impact international emissions markets, according to an annual survey by Thomson Reuters, although more respondents than before said CO2 markets are doing little to cut emissions.

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ICAO opens talks on offsets with World Bank REDD programme

Published 17:37 on May 16, 2017  /  Last updated at 17:37 on May 17, 2017  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

UN aviation body ICAO is in talks with the World Bank-led Forest Carbon Partnership Facility (FCPF) as part of the agency’s ongoing work into whether REDD credits could be allowed into its CORSIA global offset scheme.

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Brussels held an 8-week consultation on its controversial aviation ETS plan and only four Germans responded

Published 22:25 on May 8, 2017  /  Last updated at 22:25 on May 8, 2017  /  Aviation, Bavardage, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Four German citizens were the only respondents to an eight-week public consultation held by the European Commission over its divisive proposal to extend the limited coverage of the EU aviation ETS, and all four opposed the idea.

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Nations do their homework as UN resumes talks on carbon trading rules

Published 18:26 on May 5, 2017  /  Last updated at 14:45 on June 21, 2017  /  Americas, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

UN climate talks resume in Bonn next week amid tangible signs that many countries are sharpening their focus ahead of a 2018 deadline for agreeing rules on international emissions trade and all other aspects of the Paris Agreement.

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Green Climate Fund to consider REDD investments

Published 10:15 on May 4, 2017  /  Last updated at 14:45 on June 21, 2017  /  Americas, Asia Pacific, Aviation, EMEA, International, Voluntary Market  /  No Comments

The Green Climate Fund is weighing whether to channel investment into forestry projects as a way to help poor nations meet their climate commitments, a move that could potentially boost supply of REDD carbon credits.

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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 Carbon Market Report – April 2017

Published 15:02 on April 18, 2017  /  Last updated at 10:29 on May 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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