BRIEFING: Article 6 needs streamlining and specifics, fewer constraints, says carbon industry
UN negotiators should facilitate private sector involvement in Article 6 through measures designed to streamline deal-making, authorisation, and transaction, but should not over-emphasise central infrastructure or interpret the Paris Agreement to preclude REDD projects, according to a carbon trading industry body.
Read MoreVCM Report: Resurfacing fraud charges undermine confidence, thin liquidity continues
The integrity of the voluntary carbon market came under the spotlight again last week after charges of fraud were unsealed by US authorities against Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), as well as the company’s ex-COO and a former managing director, Tridip Goswami, among others.
Read MoreNew one-stop solution created for airlines to buy CORSIA, voluntary carbon credits
Two companies have teamed up to offer airlines a one-stop solution for climate action via a portfolio of voluntary credits that includes those eligible for the UN’s international aviation offsetting scheme.
Read MoreUS airline sustainability head calls for policy alignment to boost SAF
The sustainable aviation fuels (SAF) industry is unlikely to scale without cohesive policy measures across jurisdictions, the sustainability lead at a major US airline said Thursday.
Read MoreBRIEFING: CORSIA ‘climate club’ seen as answer to voluntary carbon market demand problem
Market participants see the UN international aviation offsetting scheme as the first step in a voluntary credit demand recovery, and hope that other sectors will be inspired to establish similar carbon-buying clubs in the future.
Read MoreINTERVIEW: Cement giant says EU regulation too stringent to scale up e-fuel for maritime, aviation
A global maker of construction materials would like the EU to scrap a regulation that will only allow sustainably sourced CO2 in the production of e-fuels after 2041, saying it will constrain the ability to decarbonise maritime and aviation.
Read MoreAustralia pledges cash for SAF pilot
Australia has pledged more cash towards creating its own supply of sustainable aviation fuel (SAF) with funding of A$36.8 million ($25.3 mln) coming from Canberra and ground zero for jet-zero Queensland.
Read MoreCWNYC24: Airlines eying new Costa Rican ART TREES credits -source
Airlines are expressing interest in NGO-brokered Costa Rican ART TREES-certified carbon credits, Carbon Pulse heard from a well-placed source at Climate Week NYC, potentially signalling new supply under the UN CORSIA international aviation offsetting scheme.
Read MoreScope of EU ETS expected to broaden out from 2026 -report
In the coming years, the EU’s Emissions Trading System could incorporate new sectors and be extended to neighbouring countries like Ukraine or tied up with the UK, according to research published on Thursday.
Read MoreVoluntary carbon ratings agency offers network service to help buyers find the right credits
A rating agency has launched a network service to help buyers find and purchase voluntary carbon credits across various project stages, including pre-issuance, it announced Thursday.
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