VCM Report: Signs of life emerge but voluntary carbon market still yet to spark
Signs of life started to emerge in the voluntary carbon market last week, with brokers reporting an uptick in fresh offers and better buying appetite, although prices were little moved and liquidity remained thin.
Read MoreBiofuels need to be diverted and power ramped up to decarbonise EU aviation, says think tank
Diverting biofuel production from road transport to the aviation sector could help it reach its decarbonisation targets, while a massive ramp up of renewable and additional electricity production will be needed to meet the 2050 goals, according to a report by a German climate think tank.
Read MoreFEATURE: Lack of clarity on penalties casts doubt over efficacy of CORSIA carbon offsetting scheme
A lack of clarity on how the CORSIA penalty system will work, and the fact only a handful of countries have started transposing the UN’s international aviation offsetting scheme into their national laws, raises doubts over how the mechanism will be enforced.
Read MoreAerospace giant to acquire British-based climate tech startup targeting aviation emissions
A major US-based aerospace firm has agreed to acquire a British climate tech startup focussed on reducing the environmental impact of aviation.
Read MoreEU backs new rules for monitoring, reporting aviation emissions from low-carbon fuels, non-CO2 sources
EU member states on Friday approved an update to the bloc’s regulations that introduces zero-rating for emissions from a series of low-carbon aviation fuels and outlines new requirements for the MRV of non-CO2 emissions from airlines.
Read MoreSouth Korea to mandate SAF use for all international flights starting 2027
South Korea is seeking to impose a sustainable aviation fuel (SAF) blending mandate on all international flights departing the country, come 2027, the Ministry of Trade, Industry, and Energy (MOTIE) announced Friday.
Read MoreBelize poised for $31 mln World Bank deal to include blue carbon
A Belizean project is undergoing appraisal with the World Bank, positioning the country for a financing package of $30.96 million that includes blue economy and carbon market development.
Read MoreINTERVIEW: Plastics inventor eyes ‘carbon-negative’ SAF using carbohydrates as feedstock
The inventor behind the commercialisation of biodegradable plastic has turned his hand to scaling up sustainable aviation fuel (SAF), and says that producing from corn carbohydrates can be ‘carbon negative’, lower cost, and more energy efficient than using CO2 as a feedstock.
Read MoreAustralia a ‘hotspot’ for SAF feedstock, but will struggle to keep it onshore, senate committee hears
Australia will struggle to keep sustainable aviation fuel (SAF) it produces onshore without government procurement or mandates, a senate committee on the Future Made in Australia legislation heard Thursday.
Read MoreBrazil opens over $1 bln in funding for sustainable aviation, maritime fuel projects
Two public authorities in Brazil launched last week a R$6 billion ($1.1 bln) joint call providing R$6.6 billion ($1.1 bln) in funding for sustainable aviation fuel (SAF) and maritime biofuel projects.
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