Greater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report
A lack of standardisation and transparency across eligible offset programmes under the international aviation offset market CORSIA is presenting a barrier to entry for participants and making it difficult to estimate credit supply, according to a new report.
Read MoreCO2 border measures can’t combine with free ETS allocation, says EU’s top trade official
Imposing a border carbon adjustment (BCA) on EU imports cannot be combined with continued free ETS allowance allocations for affected sectors, the bloc’s top trade official Sabine Weyand said on Wednesday.
Read MoreCARBON PULSE CONVERSATIONS 011: EnergyLab (Chile)
In the latest edition of our Carbon Pulse Conversations podcast, we chat with Cristian Mosella, co-founder and executive director of Chilean consultancy EnergyLab, about the South American country’s recent COP25 presidency, its updated Paris Agreement NDC, and developments regarding a potential emissions trading programme and the current carbon tax.
Read MoreRGGI administrator distances carbon market from unauthorised CORSIA application
A third-party submission to qualify RGGI allowances and offsets for eligibility in the global aviation scheme CORSIA was not sanctioned by the Northeast US cap-and-trade programme and runs counter to existing regulations, the market administrator has told Carbon Pulse.
Read MoreUN accepts UK proposal to host COP26 in Nov. 2021
*FREE READ* – Governments have agreed to move the COP26 UN climate summit to Nov. 2021 as environmental groups urged the UK hosts and other nations to use the extra time to enhance their climate action plans and to ‘green’ their post-coronavirus recovery efforts.
Read MoreUK proposes Nov. 2021 for rescheduled COP26 climate talks
Britain has asked the UN climate agency to reschedule the delayed COP26 summit in Glasgow for November 2021 in order to further mitigate the impacts of coronavirus pandemic, with a decision slated for later this week.
Read MoreEight offset programmes apply for CORSIA aviation mechanism during second intake
UN aviation body ICAO’s expert panel will consider eight additional emissions unit programmes for the global offsetting mechanism CORSIA, with the submissions ranging from Kyoto-era crediting methodologies to jurisdictional-scale forest and land-use activities to an unauthorised application to incorporate the Northeast US RGGI carbon market.
Read MoreCARBON PULSE CONVERSATIONS 010: Biofilica
In the latest instalment of our Carbon Pulse Conversations podcast, we chat with Plinio Ribeiro, CEO of Brazil-based offset project developer Biofilica, about COVID-19 related impacts on the REDD credit market and the outlook for compliance and voluntary market-based programmes both internationally and in Brazil.
Read MoreICAO postpones decision on rubber-stamping certain VCS offsets for CORSIA eligibility
ICAO’s Council will push back a decision on lifting temporary restrictions to Verified Carbon Standard (VCS) credits approved for the global aviation offset system CORSIA, standard and developer manager Verra told Carbon Pulse.
Read MoreEU keeps mum on CORSIA baseline as study says change could wipe airline offset obligations
Airlines could avoid buying CORSIA units through the mid-2020s if nations alter the emissions baseline for the international aviation offset system, a study showed, with the EU on Wednesday making no mention of changing that provision in its proposal to implement the ICAO programme’s pilot phase.
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