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Several states postpone CORSIA reporting deadline as virus-decimated airlines plea for changes

Published 18:25 on April 9, 2020  /  Last updated at 18:27 on April 9, 2020  /  Americas, Australia, Aviation/CORSIA, International, US  /  No Comments

At least three large nations have postponed CORSIA deadlines for their airlines to report 2019 emission data due to coronavirus disruptions, even as auditors insisted on Thursday that the checks can be completed with little difficulty.

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FEATURE: Verra aims for more streamlined process with in-house offset registry

Published 16:13 on April 9, 2020  /  Last updated at 23:27 on April 9, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, REDD, South & Central, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra is seeking to cut red tape and costs for stakeholders by launching its own registry, becoming the latest US-based organisation to administer its own system.

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Hawaii CO2 tax legislation faces uncertain future amid COVID-19 pandemic

Published 19:00 on April 6, 2020  /  Last updated at 23:45 on April 6, 2020  /  Americas, Aviation/CORSIA, Carbon Taxes, US, Voluntary Market  /  No Comments

Hawaii legislators’ plans to approve a carbon levy proposal this year are in doubt due to the COVID-19 pandemic, but the economic fallout from the virus outbreak could present an opportunity to raise critical revenue for the tourism-dependent US state, the bill sponsor told Carbon Pulse.

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Airlines seek CORSIA changes in light of virus impact

Published 12:10 on April 3, 2020  /  Last updated at 18:26 on April 9, 2020  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, REDD, Voluntary Market  /  No Comments

Airlines are urging governments to alter the UN’s international CORSIA aviation offsetting mechanism to account for the drastic cut in flights due to the coronavirus, changes that would likely greatly reduce offset demand.

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COMMENT: Five massive drivers of future demand for offsets

Published 01:01 on April 3, 2020  /  Last updated at 22:36 on April 2, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Prior to the onslaught of COVID-19, a quick scan of the news each day would reveal that climate change is on the minds of customers and corporates worldwide.  Warmer winters with rain where there was once snow, colder weather anomalies due to destabilization of the polar vortex, and summers punctuated by raging fires in both hemispheres make the topic impossible to ignore.  And, while new regulatory regimes are cropping up across the globe, voluntary action is on the rise.

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UK should form national offset watchdog, think-tank says

Published 01:01 on April 2, 2020  /  Last updated at 22:50 on April 2, 2020  /  Aviation/CORSIA, EMEA, International, Voluntary Market  /  No Comments

The UK should set up a national body to guarantee the credibility of domestic carbon offsetting and spur land restoration, according to a report published by a think-tank on Thursday.

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COP26 climate summit postponed to 2021 over coronavirus fears

Published 20:47 on April 1, 2020  /  Last updated at 23:37 on April 1, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Governments have agreed to delay the COP26 summit in Glasgow until 2021 due to the COVID-19 pandemic, meaning the nearly 200 parties to the Paris Agreement will probably have to wait at least another six months to agree the rulebook for international emissions trading under the 2015 climate pact.

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Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 09:05 on April 1, 2020  /  Last updated at 09:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  1 Comment

*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.

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COMMENT: ICAO’s carbon market report offers valuable lessons for Article 6 talks

Published 19:34 on March 30, 2020  /  Last updated at 19:34 on March 30, 2020  /  Aviation/CORSIA, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Views, Voluntary Market  /  No Comments

A report by experts recommending carbon credits for the ICAO’s CORSIA international aviation mechanism provides valuable lessons for the Article 6 negotiations. Even in the absence of an Article 6 agreement at COP26, countries which want to use global carbon markets should heed these lessons.

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ICAO may approve next round of CORSIA aviation offset applications after Art. 6 decision

Published 21:31 on March 26, 2020  /  Last updated at 21:31 on March 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

UN aviation body ICAO will look to endorse a second round of programme applications for its global offset system CORSIA by the end of the year, with that decision potentially occurring after countries attempt to forge the rulebook of international emissions trading under the Paris Agreement at COP26, according to an updated timeline.

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