Latest

Althelia aims to double its land-use project portfolio, disputes watchdog claims

Published 17:52 on March 24, 2017  /  Last updated at 05:28 on March 30, 2017  /  Africa, Asia Pacific, Aviation, EMEA, International, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Natural capital vehicle Althelia Climate Fund said it is on course to double its project portfolio this year in an effort to secure returns for investors, responding to watchdog groups that raised concerns about its ability to generate revenues after it earned at least €4.4 million in management fees.

Read More
Latest

First proposals for CORSIA-approved aviation offset criteria due this year -ICAO

Published 19:12 on March 4, 2017  /  Last updated at 19:12 on March 4, 2017  /  Aviation, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

Initial recommendations on what emission credits should be allowed in the UN’s new global aviation offset scheme will be made this year, a senior ICAO official said this week, potentially giving airlines and low-CO2 project developers the first investment signals in what is expected to be a multi-billion dollar carbon market.

Read More
Latest

CDM board delves deeper into voluntary market to save its struggling scheme

Published 14:24 on February 27, 2017  /  Last updated at 14:24 on February 27, 2017  /  Africa, Asia Pacific, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The CDM’s executive board has decided to reach out to companies involved in voluntary offsetting and wider corporate responsibility efforts in an attempt to shore up more appetite for CERs, which continue to languish below €0.30 amid scarce demand.

Read More
Latest

IMO protests EU lawmaker efforts to backstop shipping emission curbs

Published 15:52 on January 9, 2017  /  Last updated at 15:52 on January 9, 2017  /  Aviation, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

The head of UN shipping body IMO has written to EU leaders warning that moves by the bloc to curb the sector’s emissions, should a global deal falter, risk undermining those negotiations.

Read More
Latest

EU’s top court rules regulation of Swiss flights under EU ETS is legal

Published 06:40 on December 21, 2016  /  Last updated at 06:40 on December 21, 2016  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

The EU is not obligated to treat equally under its ETS flights between Switzerland and the bloc and those to and from countries outside of Europe, the bloc’s top court ruled Wednesday, upholding the opinion of one of its advisors and ensuring Swiss aviation emissions stay regulated by the scheme.

Read More
Latest

EXCLUSIVE: Is China backtracking on UN aviation carbon market deal?

Published 19:54 on December 13, 2016  /  Last updated at 20:02 on December 13, 2016  /  Americas, Asia Pacific, Aviation, China, China's National ETS, China's Offset Market, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China wants assurances including that its airlines can use domestic carbon offsets to meet obligations under the UN’s global aviation carbon market, a senior government official said Monday, revealing that his country was not yet fully in support of the ICAO deal despite having signed it two months ago.

Read More
Latest

“Logical” for EU to extend suspension of extra-European flights from ETS -EU official

Published 10:58 on November 16, 2016  /  Last updated at 14:25 on November 17, 2016  /  Aviation, Climate Talks, EMEA, EU ETS, International  /  No Comments

It would be “logical” for the EU to extend its suspension of extra-European aviation emissions from regulation under its carbon market for several years, at least until ICAO’s global scheme is able to be evaluated, the EU’s top climate official said on Wednesday.

Read More
Latest

EXCLUSIVE: MEPs back raiding aviation’s free carbon allowances to help EU industry

Published 11:33 on November 15, 2016  /  Last updated at 15:03 on November 15, 2016  /  Aviation, EMEA, EU ETS  /  No Comments

European lawmakers across several major political groupings want to slash the number of carbon allowances airlines get for free under the EU ETS and transfer the tens of millions of units to industry, a senior MEP told Carbon Pulse.

Read More
Latest

BRIEFING: How President Trump’s climate policy axe may fall

Published 15:23 on November 14, 2016  /  Last updated at 11:36 on November 15, 2016  /  Americas, Aviation, Climate Talks, International, New Market Mechanisms, US  /  No Comments

Now that the dust has settled following Tuesday’s US election and a climate change sceptic has been put in charge of the EPA, it’s becoming ever clearer that US climate efforts will be one of the main policy areas to be targeted by a Trump presidency and all-Republican legislature.

Read More
Latest

CDM board eyes batch of recent climate deals in hunt for new demand sources

Published 12:21 on November 9, 2016  /  Last updated at 17:48 on November 9, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, Shipping, Voluntary Market  /  No Comments

The CDM Executive Board at its latest meeting continued to hunt for potential sources of future demand, eyeing the recent aviation, shipping and HFC deals as well as a potential increase in voluntary cancellations of CDM offsets.

Read More