COP29: CORSIA credit approval details ‘a moving target’, Verra CEO says
Further details from the UN aviation body ICAO on its voluntary credit approvals is unlikely to be published until the end of the month at the earliest, according to Verra’s CEO, making it hard to say when eligible credits are likely to appear and from what countries.
Read MoreINTERVIEW: Cercarbono confident on CORSIA, CCP approval, tests water with new circular economy programme
Standards body Cercarbono is working hard to be approved for Phase 1 of aviation offsetting scheme CORSIA and expects to receive first assessment by ICVCM for its Core Carbon Principles (CCPs) by year end, while it has also launched a circular economy programme with a first project in Bangladesh.
Read MoreEmissions from private jets climb nearly 50% during 2019-23, study finds
Private jets are contributing an increasingly significant share to global carbon emissions, with emissions rising nearly 50% over the last four years, according to a new study.
Read MoreIndian carbon project developer taps into the US market, targets aviation sector
An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector.
Read MoreVCM Report: CORSIA impact yet to appear despite approval of major carbon standards
Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.
Read MoreExchange completes first block trades of carbon futures
An exchange has completed the first two block trades of its physically-settled carbon futures, including volume for credits eligible for the current phase of the CORSIA international aviation offsetting scheme.
Read MoreEU greenhouse gas emissions drop in 2023, next targets seen needing to maintain momentum
Emissions in the EU fell significantly in 2023, but clear and predictable policies are essential to maintaining momentum, according to two separate reports released on Tuesday.
Read MoreARB unveils partnership to ramp up SAF availability in California
California has reached an agreement with an airlines trade organisation to scale the state’s sustainable aviation fuel (SAF) supply to 200 million gallons (757 million litres) by 2035, regulator ARB said Tuesday.
Read MoreFinnair delays climate neutrality goal five years, until 2050
Finland’s flagship carrier announced on Wednesday it had pushed its climate neutrality goal from 2045 to 2050, saying this was due partly due to the company’s decision to exclude carbon offsets from its climate solutions portfolio.
Read MoreEXCLUSIVE: More carbon standards fully approved to supply CORSIA credits for current phase
UN aviation body ICAO has awarded full approval to four more voluntary carbon standards for Phase 1 of CORSIA (2024-26), Carbon Pulse has learned, meaning their credits will become eligible for use by airlines during the current stage of the international offsetting scheme.
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