None of 14 offset standard contenders meet CORSIA aviation scheme criteria -report
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.
Read MoreChina lashes out at EU carbon border adjustment initiative ahead of climate talks
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.
Read MoreNearly 8% annual GHG cuts required to hit Paris’ 1.5C goal -UN Report
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.
Read MoreANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus
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.
Read MoreShipping groups suggest fuel levy idea as EU measures loom larger
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.
Read MoreCruise line MSC seeks CO2 neutrality through blue carbon offsets
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.
Read MoreNepal to sign World Bank REDD deal next month -media
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.
Read MoreEXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets
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.
Read MoreFEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles
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.
Read MoreAirlines seek out cheaper offsets even before CORSIA costs hit
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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