Additional policy and fuel pathway considerations needed to drive US SAF growth -think tank
California and Washington rank as top supporters of sustainable aviation fuel (SAF) investments in the US, but overall growth looks grim absent improved policy frameworks and production pathway considerations, according to a think tank.
Read MoreCOP29: Correspondingly adjusted carbon credits trading at $7-22, says market analytics firm
Article 6.2 or CORSIA-eligible carbon credits are currently trading in the $7-22 range, with prices expected to peak in 2027 and stabilise by 2030, according to a market specialist speaking to Carbon Pulse on the sidelines of COP29.
Read MoreGold Standard credit issuance data added to Climate Action Data Trust platform
Project and credit data from Gold Standard will be available on the Climate Action Data Trust (CAD) platform by the end of the year, it was announced Tuesday.
Read MoreVCM Report: Focus on Article 6 at COP risks leaving legacy voluntary sector in the shade
COP29 has been sending mixed signals to the voluntary carbon market, with concerns that the keen focus on Article 6 credits would overshadow the sector in future.
Read MoreDATA DIVE: Too soon to draw conclusions on CORSIA carbon credit supply and demand
With four new standards approved to supply CORSIA compliance last month, and the aviation sector now well into its first phase, the voluntary carbon market is starting to make predictions around prospective supply and demand for the UN’s international aviation offsetting scheme – but it may be too soon to forecast what will be needed, and what will be available to buy.
Read MoreCOP29: BRIEFING – Transition credits could help retire young coal plants in Asia, but complexities and risks abound
Transition credits could be a viable way to finance the early phase-out of coal-fired power plants in Asia, but familiar risks around project permanence, and buyer appetite are seen as major barriers to scaling up the practice, a panel discussion heard at COP29.
Read MoreCOP29: World Bank’s MIGA unveils Article 6 letter template to scale carbon markets
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank, on Thursday launched a letter of authorisation (LoA) template designed to help drive efficiencies in Article 6 carbon markets.
Read MoreCOP29: Brazilian state poised to offer REDD+ carbon credits worth millions
A rainforest-rich Brazilian state will aim to sell REDD+ carbon credits worth hundreds of millions as part of sales facilitated by an international commodities trader, its government said at COP29.
Read MoreCOP29: Saudi firm launches country’s first carbon market exchange
A state-backed Saudi company created to scale up the voluntary carbon market (VCM) in developing countries launched Saudi Arabia’s first voluntary carbon market exchange platform on Tuesday on the sidelines of COP29 in Baku.
Read MoreVCM Report: Baku bump lifts spirits after Trump election, liquidity improves in Q4
News of the COP29 presidency securing an early Article 6 outcome during Monday’s opening plenary session lifted spirits in the voluntary market, which had been left uneasy by last week’s election of Donald Trump to the White House despite improving liquidity amid a typical fourth quarter pick-up.
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