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None of 14 offset standard contenders meet CORSIA aviation scheme criteria -report

Published 15:09 on November 27, 2019  /  Last updated at 23:27 on November 27, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.

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China lashes out at EU carbon border adjustment initiative ahead of climate talks

Published 07:08 on November 27, 2019  /  Last updated at 23:44 on November 27, 2019  /  Carbon Taxes, China, China's National ETS, Climate Talks, EMEA, International  /  No Comments

China on Wednesday said an EU plan to impose carbon border adjustments on nations failing to act on climate change would “seriously undermine” international efforts to fight global warming.

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Nearly 8% annual GHG cuts required to hit Paris’ 1.5C goal -UN Report

Published 08:00 on November 26, 2019  /  Last updated at 13:05 on November 26, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, South & Central  /  No Comments

Countries must immediately peak their emissions and ratchet up GHG abatement to an 8% yearly clip over the next decade to keep the average global temperature rise within the more ambitious Paris Agreement limit, a UN report said Tuesday.

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ANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus

Published 20:18 on November 15, 2019  /  Last updated at 20:18 on November 15, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.

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Shipping groups suggest fuel levy idea as EU measures loom larger

Published 20:11 on November 15, 2019  /  Last updated at 20:14 on November 15, 2019  /  Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

Industry associations have suggested charging ships a $2/tonne fuel tax, in one of several measures discussed at the UN’s maritime body IMO this week as the sector strives to avoid regulation under the EU ETS.

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Cruise line MSC seeks CO2 neutrality through blue carbon offsets

Published 18:34 on November 8, 2019  /  Last updated at 22:34 on November 8, 2019  /  Americas, Asia Pacific, Australia, Climate Talks, EMEA, International, New Market Mechanisms, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Swiss-based MSC Cruises aims to achieve carbon neutrality in its marine fleet operations by Jan. 2020 through offsetting, and plans to increasingly rely on blue carbon projects to maintain the goal, it announced Friday.

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Nepal to sign World Bank REDD deal next month -media

Published 17:16 on November 8, 2019  /  Last updated at 00:04 on November 9, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Nepal will ink its GHG reduction agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF) in December, local media reported Friday, in a move that would make it the first Asian nation to forge the REDD deal seen as a possible base for international emissions trade.

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EXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets

Published 21:39 on November 7, 2019  /  Last updated at 01:54 on November 8, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Bavardage, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.

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FEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles

Published 01:43 on November 6, 2019  /  Last updated at 10:53 on November 6, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's National ETS, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The UN’s CORSIA aviation offsetting scheme is just over a year away from entering into force, but a myriad of supply- and reputation-related concerns is clouding the horizon for airlines and investors, not least the fact that it remains unclear exactly which credits will be eligible.

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Airlines seek out cheaper offsets even before CORSIA costs hit

Published 00:52 on November 6, 2019  /  Last updated at 01:36 on November 6, 2019  /  Aviation/CORSIA, Climate Talks, International, Voluntary Market  /  No Comments

Most airlines already seek out bargain basement carbon credits for their passenger offset programmes and are likely to be even less picky once CORSIA obligations start, a conference heard on Tuesday.

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