VCM Report: VER prices converge, while CORSIA credit premium emerges
Voluntary emission reduction (VER) prices between different exchange-traded products narrowed over the week, while voluntary carbon market (VCM) participants took note of entities tacking on a premium to credits eligible for UN body ICAO’s global aviation offset scheme CORSIA.
Read MoreLatest carbon market ETF sees managed assets more than triple year-to-date
Total assets under management by the newest carbon market ETF have more than tripled since the start of the year, in a further sign of investors rushing to gain exposure in this burgeoning asset class.
Read MoreThree standards vie for eligibility in third round of CORSIA aviation offset scheme approvals
Three mainly forestry-related offset standards are seeking eligibility in the third round of applications under ICAO’s CORSIA aviation carbon trading scheme.
Read More“Forceful, abrupt” international climate action response to birth US carbon price by 2025 -experts
Delayed efforts to combat climate change will result in a “forceful, abrupt, and disorderly” response by governments by 2025, which combined with protectionist policies will see the US introduce a national carbon pricing system by that date.
Read MoreCORSIA “unlikely to materially alter” aviation’s climate impact, unpublished EU analysis says
The UN’s global aviation offsetting system CORSIA is “unlikely to materially alter” the climate impact of the aviation sector, according to an unpublished EU study leaked Thursday.
Read MoreWorld Bank cancels three potential REDD agreements
The World Bank-led Forest Carbon Partnership Facility (FCPF) has cancelled three possible deforestation reduction deals, while three others are expected to be agreed soon, a spokesperson confirmed to Carbon Pulse.
Read MoreVCM Report: VER prices tick up as market players question future increases
Voluntary carbon market (VCM) prices gained this week on continued strong demand in the spot market, though traders and retailers think more substantial price increases for voluntary emission reductions (VERs) may be a ways off.
Read MoreColombian utility schedules March auction for 2 mln carbon offsets
Colombia’s Empresas Publicas de Medellin (EPM) will sell 2 million carbon offsets from hydroelectric and wind projects on Mar. 23, the residential public utilities company announced Wednesday.
Read MoreCORRECTION: Xpansiv launches nature-based carbon offset product
Spot commodities exchange and market data firm Xpansiv launched a nature-based version of its Global Emissions Offset (GEO) on Thursday, building on the firm’s spot and futures offerings of its CORSIA-aligned carbon credits.
Read MoreImpact investor Capricorn gives backing to venture building nature offsets portfolio
Impact investor Capricorn has taken a stake in a UK-based financier helping the venture to build a pool of nature-based offsets intended to be sold to buyers under long-term contracts.
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