Real CORSIA demand could be 38% lower than theoretical obligation, analysts say
The demand for Eligible Emissions Units (EEUs) under the UN’s CORSIA aviation offsetting scheme could be far below the 198 mln EEUs due to be retired by Jan. 2028, largely because of limited enforcement – while uncertain supply thins liquidity in the market, according to an analysis published Thursday.
Read MoreGuyana pledges 32.7 MtCO2e annual emissions cut in UN targets, all from forest carbon
Guyana has released its third Nationally Determined Contribution (NDC) to the Paris Agreement, in which it pledges to reduce forest carbon emissions by 32.7 million tonnes CO2e per year by 2030, depending on carbon finance.
Read MoreSaudi VCM company to bring domestic carbon credits to market
A Saudi state-backed company working to build out the voluntary carbon market domestically and internationally will add homegrown carbon credits to its platform before the year is out, it announced on Tuesday.
Read MoreLATAM Roundup: State-backed institutions assist the voluntary carbon market
Latin America is creating opportunities for carbon project developers to generate credits, access finance, and commercialise issuances, developing national carbon markets, Carbon Pulse reported last week – although Global North funds retain their key role in the market, for now.
Read MoreLATAM Roundup: Paying out carbon finance, paying up carbon fees
Two large private funding vessels announced carbon finance disbursements last week, while public-sector commitments have companies contemplating looming compliance carbon prices.
Read MoreUN agency joins African carbon fee initiative as observer, advisor
A UN agency outpost in Djibouti has joined a compliance carbon pricing initiative active in several African countries, as an observer and strategic advisor.
Read MoreCosta Rica to receive LEAF Coalition’s first-ever funding disbursement
Costa Rica will soon receive funds from the LEAF Coalition public-private buyers’ club, becoming the first country in the world to receive results-based forest carbon finance through this programme.
Read MorePeru’s national carbon registry adds two new standards
Peru’s Ministry of Environment (MINAM) has accredited two new standards and added 17 new methodologies to the national carbon registry RENAMI, as per a resolution issued Thursday.
Read MoreBRIEFING: Draft EU CBAM rules “onerous” in practice for foreign carbon credits, experts say
Importers face steep challenges to take advantage of proposed EU rules allowing the application of carbon credits against Carbon Border Adjustment Mechanism (CBAM) fees, due to the “onerous” conditions imposed by Brussels on their use, experts told Carbon Pulse.
Read MoreSB64: BRIEFING – PACM influence on carbon markets extends far beyond Article 6.4, experts say
The Paris Agreement Crediting Mechanism (PACM), a UN-regulated carbon market grounded in Article 6.4 rules, is guiding national frameworks, voluntary market (VCM) standards, and even other UN schemes, experts and country delegates said on the sidelines of climate talks in Bonn.
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