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IMO policy should establish higher GHG reduction threshold for biofuels than CORSIA -report

Published 22:44 on July 8, 2020  /  Last updated at 22:44 on July 8, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, RINs & LCFS, Shipping  /  No Comments

The International Maritime Organization (IMO) should model its plan to decarbonise the global shipping sector on the CORSIA programme for aviation, but it should go further than its fellow UN body ICAO in setting a more ambitious carbon reduction target for sustainable fuels, according to a report published this week.

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German govt launches tender to buy 431k CERs

Published 19:06 on July 8, 2020  /  Last updated at 19:06 on July 8, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

The German government has launched a tender to buy 431,300 CERs to offset the emissions from a series of activities including those associated with its EU Council presidency.

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ICAO Council drops 2020 from emissions baseline for CORSIA’s pilot phase

Published 22:47 on June 30, 2020  /  Last updated at 00:22 on July 1, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

ICAO’s Council on Tuesday agreed to omit 2020 from the carbon neutral growth baseline during the international aviation offset programme CORSIA’s first three years, while leaving the door open for the UN body’s Assembly to make that change for the entire 15-year duration of the scheme.

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US threatens CORSIA exit if GHG baseline decision not made next week

Published 20:17 on June 26, 2020  /  Last updated at 21:51 on June 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The US will opt out of the first three years of the CORSIA offset mechanism for global air travel if other countries do not agree to alter the programme’s emissions baseline next week, with other nations potentially following suit, a Dutch minister said Friday.

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Efforts to reduce shipping emissions ‘critically insufficient’, say researchers

Published 16:35 on June 25, 2020  /  Last updated at 18:53 on June 25, 2020  /  Africa, Americas, Asia Pacific, EMEA, EU ETS, International, Shipping  /  No Comments

Global emissions from shipping in 2020 are set to shrink by up to 35% year-on-year due to the COVID-19 pandemic, but could recover quickly as progress to tackle maritime pollution remains slow, researchers have projected.

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US, Singapore carbon firms partner to develop cookstove projects

Published 12:58 on June 23, 2020  /  Last updated at 15:02 on June 23, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Other APAC, South Korea, US, Voluntary Market  /  No Comments

Two carbon specialist firms have partnered to develop cookstove carbon offset projects with co-benefits in Africa and Asia – investments for which they are still pursuing funding.

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Green COVID-19 recoveries must not shy away from stringent CO2 prices -experts

Published 22:49 on June 22, 2020  /  Last updated at 23:33 on June 22, 2020  /  Africa, Americas, Asia Pacific, Carbon Taxes, EMEA, International, Other APAC, REDD, South & Central  /  No Comments

Sustainable economic recovery efforts amid the coronavirus pandemic should not only feature CO2 taxes or emissions trading schemes to stimulate a clean and just transition, but also avoid the pitfalls of weak carbon pricing rates that have persisted for years, experts said Monday.

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IEA outlines sustainable COVID-19 recovery plan to cut emissions, grow green jobs

Published 11:25 on June 18, 2020  /  Last updated at 21:13 on June 18, 2020  /  Africa, Americas, Asia Pacific, China, EMEA, International  /  No Comments

The International Energy Agency on Thursday outlined a $3 trillion coronavirus recovery plan that it says will reduce global 2023 GHG emissions by 4.5 billion tonnes of CO2e below BAU levels, all while adding to economic growth and saving or creating millions of jobs.

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Greater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report

Published 22:52 on June 17, 2020  /  Last updated at 22:52 on June 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A lack of standardisation and transparency across eligible offset programmes under the international aviation offset market CORSIA is presenting a barrier to entry for participants and making it difficult to estimate credit supply, according to a new report.  

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Global energy emissions growth sees dip in 2019 as coal’s role fades -BP

Published 10:33 on June 17, 2020  /  Last updated at 01:58 on June 18, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Global CO2 emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong 2.1% rise in 2018, oil major BP said in its annual energy review published on Wednesday.

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