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Greater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report

Published 22:52 on June 17, 2020  /  Last updated at 22:52 on June 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.  

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CO2 border measures can’t combine with free ETS allocation, says EU’s top trade official

Published 19:19 on June 3, 2020  /  Last updated at 22:32 on June 3, 2020  /  China, Climate Talks, EMEA, EU ETS, International  /  No Comments

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.

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CARBON PULSE CONVERSATIONS 011: EnergyLab (Chile)

Published 02:11 on June 3, 2020  /  Last updated at 02:11 on June 3, 2020  /  Americas, Carbon Taxes, Climate Talks, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Views, Voluntary Market  /  No Comments

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.

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RGGI administrator distances carbon market from unauthorised CORSIA application

Published 15:41 on May 29, 2020  /  Last updated at 23:34 on May 29, 2020  /  Americas, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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UN accepts UK proposal to host COP26 in Nov. 2021

Published 20:57 on May 28, 2020  /  Last updated at 01:55 on May 29, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

*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.

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UK proposes Nov. 2021 for rescheduled COP26 climate talks

Published 23:36 on May 26, 2020  /  Last updated at 23:55 on May 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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Eight offset programmes apply for CORSIA aviation mechanism during second intake

Published 22:34 on May 26, 2020  /  Last updated at 14:05 on May 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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CARBON PULSE CONVERSATIONS 010: Biofilica

Published 14:50 on May 26, 2020  /  Last updated at 02:12 on June 3, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

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.

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ICAO postpones decision on rubber-stamping certain VCS offsets for CORSIA eligibility

Published 16:03 on May 15, 2020  /  Last updated at 00:13 on May 23, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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EU keeps mum on CORSIA baseline as study says change could wipe airline offset obligations

Published 19:11 on May 13, 2020  /  Last updated at 02:39 on May 14, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, EU ETS, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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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