INTERVIEW: Airlines prioritising fuel costs over carbon buying as CORSIA prices slide, says ICAO TAB member
Airlines are focusing more on soaring jet fuel costs and operational pressures than carbon credit purchases as prices for CORSIA-eligible offsets continue to weaken ahead of the scheme’s upcoming mandatory phase in 2027, according to a member of ICAO’s Technical Advisory Body (TAB).
Read MoreINTERVIEW: Mexican developer bets on high-rated, Indigenous-led IFM projects within crowded VCM
A Mexican carbon project developer is betting that premium ratings, biodiversity credentials, and Indigenous community partnerships can help its forest credits stand out in an increasingly crowded voluntary carbon market (VCM), even as domestic demand remains limited and uncertainty around the country’s emissions trading system (ETS) persists.
Read MoreBirdLife secures £7.5 mln to scale up conservation along one of the world’s great flyways
BirdLife International has secured a £7.5 million grant to expand conservation and restoration efforts along one of the world’s largest migratory bird corridors, the organisation announced on Tuesday.
Read MoreFEATURE: Developers brace for Mexico-first carbon market after government signals
Mexican carbon project developers are increasingly preparing for a future in which domestic climate goals and the country’s emissions trading system (ETS) take precedence over international carbon credit exports, following fresh signals from the government that authorisations for overseas use may not be a near-term priority.
Read MoreBRIEFING: Brazilian state launches implementation phase for Pantanal biodiversity credits pilot
A state-led biodiversity credits project in the Pantanal has moved into its implementation phase, as Brazil explores new financing models for protected areas.
Read MoreVCM REPORT: CORSIA prices steady after months-long slide as market searches for floor
CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.
Read MoreMexico still debating key ETS design elements ahead of operational launch -official
Mexican authorities are still negotiating core elements of the country’s emissions trading system (ETS) ahead of the envisioned start of its operational phase, an official told attendees at the Latin America Climate Summit (LACS) recently.
Read MoreLACS26: Chile plans ‘matchmaker’ platform for early-stage carbon projects with investors
The Chilean government is looking into building a platform designed to increase carbon project transparency and connect developers with investors, consultants, and potential buyers across different markets, an official said on Thursday.
Read MoreLACS26: Mexico targets end-2026 launch for ETS, national offsetting programme
The Mexican government is aiming to publish the regulation required to make its emissions trading system (ETS) fully operational by the end of 2026, accompanied by a national programme to boost local supply of carbon credits, according to a federal official.
Read MoreIETA proposes hybrid Article 6 model for Brazil, retaining half of mitigation outcomes at home
Brazil should consider an Article 6 strategy that allows the export of carbon credits while retaining 50% of mitigation outcomes for domestic climate targets, carbon trading industry group IETA said in a new report.
Read More