Airlines seek CORSIA changes in light of virus impact
Airlines are urging governments to alter the UN’s international CORSIA aviation offsetting mechanism to account for the drastic cut in flights due to the coronavirus, changes that would likely greatly reduce offset demand.
Read MoreCOMMENT: Doubling down on climate action in the time of corona
Let this economic crisis not be a brake on the low-carbon transition, but an accelerator. With the Green Deal as a compass, we can marry our emergency spending with structural changes that will prepare us for a greener tomorrow. Because we cannot backtrack on our climate commitments, neither governments nor companies. That is more than crisis management, that is responsible policy, writes Renat Heuberger, CEO, South Pole.
Read MoreCOP26 climate summit postponed to 2021 over coronavirus fears
Governments have agreed to delay the COP26 summit in Glasgow until 2021 due to the COVID-19 pandemic, meaning the nearly 200 parties to the Paris Agreement will probably have to wait at least another six months to agree the rulebook for international emissions trading under the 2015 climate pact.
Read MoreCarbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.
Read MoreJapan shirks higher ambition in new NDC
Japan announced an updated Nationally Determined Contribution (NDC) under the Paris Agreement on Monday, but the nation will not increase its 2030 climate ambitions.
Read MoreICAO may approve next round of CORSIA aviation offset applications after Art. 6 decision
UN aviation body ICAO will look to endorse a second round of programme applications for its global offset system CORSIA by the end of the year, with that decision potentially occurring after countries attempt to forge the rulebook of international emissions trading under the Paris Agreement at COP26, according to an updated timeline.
Read MoreCORSIA offset recommendations run counter to feedback on CDM and China’s CCERs, comments show
ICAO should not have unconditionally accepted the CDM or China’s GHG Voluntary Emission Reduction Program to supply the pilot phase of its global aviation offset system CORSIA due to environmental integrity concerns and a lack of transparency in their applications, according to public comments released Monday.
Read MoreVerra seeks clarifications, changes on aviation offset restrictions under CORSIA
Offset standard developer and manager Verra is planning a series of alterations to its Verified Carbon Standard (VCS) project types that the ICAO Council declined to approve for use under the international aviation offset system CORSIA.
Read MoreMajor climate conference nixed over coronavirus
A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.
Read MoreGood UN emission trade rules can smooth path to net zero, says UN climate envoy Carney
Robust international emissions trading rules under the Paris Agreement’s Article 6 can smooth the path to net zero emissions and boost the credibility of offsetting and CCS, UN envoy Mark Carney said on Wednesday.
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