VCM REPORT: CORSIA benchmark future settle below $10, SBTi recognises voluntary carbon credit use in new corporate standard
CORSIA futures were little changed last week, with benchmark contracts on ICE slipping below $10/tonne mark after stabilising in recent weeks following a prolonged decline.
Read MoreSB64: Australia, Turkiye praised for unlikely friendship at Bonn summit, but real test yet to come, observers say
Observers have praised the relationship between Australian and Turkiye as they lead the Bonn intersessional in their novel role-sharing arrangement, however the real challenge will come when they assume full responsibilities in November.
Read MoreIndonesia’s Southwest Papua preparing carbon regulations
The provincial government of Southwest Papua is working on a jurisdiction-based carbon programme in preparation for future directions from Jakarta, local media reported Friday.
Read MoreNew Zealand proposes to lower auction volumes even further, says undersupply risk can be managed
The New Zealand government is looking to keep its ETS price controls and settings as is, in line with advice from the Climate Change Commission (CCC), according to a consultation published Friday.
Read MoreAustralia’s revised environmental offsets standard still fails to stack up, conservation body says
Australia’s second attempt at drafting its National Environmental Standard for Environmental Offsets still has glaring integrity issues that have yet to be resolved, according to a conservation body.
Read MoreBRIEFING: Staged-consent process in ACCU Scheme reforms needs strengthening, Indigenous network says, as others warn of “complex impacts”
An Indigenous carbon group has said the staged consent process outlined by the Australian government’s carbon market reforms needs to be tightened up, while project developers warned expanding consent rights to Native Title claimants could impact the viability of some carbon projects.
Read MoreFormer CDM project developer pushes Australian voluntary cancellations up in May
Voluntary cancellations of Kyoto-era carbon credits in Australia rose in May, thanks to a project developer turning in a large volume of certified emission reductions (CER).
Read MoreNew Zealand launches accelerator to cut agricultural emissions
The New Zealand government has launched a new initiative to scale up agricultural emissions reduction efforts, while at the same time committing cash to boost beef, sheep, and dairy production with a lower environmental impact.
Read MoreAdvisory, aviation heavyweights launch efforts to ramp up Australian low-carbon liquid fuel production
A sustainability advisory and major aviation companies on Wednesday launched what they described as a first-of-kind pilot initiative to kickstart commercial-scale low-carbon liquid fuel (LCLF) production in Australia.
Read MoreUPDATE- New Zealand allowance auction declines again
New Zealand’s second government-held auction for the year failed to clear on Tuesday, in line with market expectations.Â
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