UN launches 2020 tender to buy 224k Gold Standard CERs
The UN has opened a tender to buy just over 224,000 Gold Standard CERs to offset the organisation’s annual emissions.
Read MoreNorway pays Indonesia for cutting 11.2 MtCO2e under forestry deal
Norway has paid Indonesia for reducing greenhouse gas emissions by 11.2 MtCO2e, the first payment under a 10-year-old bilateral forestry deal after a smaller transfer flagged last year never materialised.
Read MoreGreens warn against voluntary offset transition without corresponding adjustments
The absence of corresponding adjustments on voluntary carbon credit transfers over the next decade risks double counting emission reductions and obscuring climate mitigation progress, environmental organisations argued Thursday.
Read MoreIMO policy should establish higher GHG reduction threshold for biofuels than CORSIA -report
The International Maritime Organization (IMO) should model its plan to decarbonise the global shipping sector on the CORSIA programme for aviation, but it should go further than its fellow UN body ICAO in setting a more ambitious carbon reduction target for sustainable fuels, according to a report published this week.
Read MoreGerman govt launches tender to buy 431k CERs
The German government has launched a tender to buy 431,300 CERs to offset the emissions from a series of activities including those associated with its EU Council presidency.
Read MoreWith international aviation climate efforts diluted, EU considers beefing up its own laws
The EU is re-examining its climate policy for airlines, including a potential return to covering foreign flights in its carbon market, after the UN’s CORSIA international aviation offsetting scheme was effectively put on ice last week.
Read MoreBid to add shipping to EU’s carbon market passes key committee hurdle
The European Parliament’s environment committee (ENVI) on Tuesday voted in favour of an amendment to fast-track international shipping into the EU ETS via the bloc’s monitoring, reporting, and verification (MRV) regulation for maritime emissions.
Read MoreSwiss eye reverse VAT charges on more types of CO2 credits to prevent tax fraud
Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.
Read MoreJamaica expands, deepens Paris NDC alongside Article 6 mention
Jamaica has increased the ambition of its emissions reduction commitment in a new economy-wide Paris Agreement NDC, while also signalling that it may use market mechanisms for either its own targets or to assist other countries.
Read MoreAustralia’s Kyoto Protocol AAU surplus balloons to 430 mln
Australia has amassed a total 430 million surplus Kyoto Protocol units, the government said Wednesday as the nation’s commitments under the treaty ended June 30, more than sufficient to prop up any shortfall in meeting its Paris Agreement targets.
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