UNDP urges Sri Lanka to finalise carbon trading framework for private capital
The United Nations Development Programme (UNDP) has urged Sri Lanka to operationalise and regulate its policy position on carbon trading, warning that private capital will only flow into markets offering predictability, credibility, and clear institutional structures, local media reported.
Read MoreINTERVIEW: Airlines prioritising fuel costs over carbon buying as CORSIA prices slide, says ICAO TAB member
Airlines are focusing more on soaring jet fuel costs and operational pressures than carbon credit purchases as prices for CORSIA-eligible offsets continue to weaken ahead of the scheme’s upcoming mandatory phase in 2027, according to a member of ICAO’s Technical Advisory Body (TAB).
Read MoreLonger term govt responses to energy shocks can be good for emission cuts -research
When governments provide short-term relief for energy crises, they tend to go in the wrong direction, whereas prioritising structural responses can create much greater resilience in the long run, according to new research.
Read MoreNZ looking at potential NZ$6.6 bln spend to meet NDCs by 2035, says govt
New Zealand could face a bill of up to NZ$6.6 billion ($3.8 bln) to meet its Paris Agreement targets out to 2035, government modelling released Thursday showed.
Read MoreDominican Republic NDC keeps Article 6 cooperation open, rules out use for reaching target
The Dominican Republic has reaffirmed its intention to engage voluntarily with international carbon markets under Article 6 of the Paris Agreement, while explicitly ruling out their use to meet its own climate targets under its recently submitted Nationally Determined Contribution (NDC) 3.0.
Read MoreSB64: Article 6.2 buyers, host countries clash on user fees to fix €8.6 mln budget shortfall
A rift has emerged in Bonn between Article 6.2 buyer and host countries, as they debate a UN proposal suggesting user fees to plug an €8.6-million hole in the 2026-27 biennial budget, among other options.
Read MoreRegulatory uncertainty could cause CORSIA prices to fall further, says developer
Regulatory uncertainty is still weighing on the development of clear price signals for Phase 1 of CORSIA, but supply of credits should ramp up over next 12 months, a webinar heard Wednesday.
Read MoreSB64: BRIEFING – CORSIA overselling fears hang over supply
The problem of diverse country risk profiles for gaining CORSIA Letters of Authorisation (LoAs) – crucial for developers – is exacerbated by many host countries’ fears or lack of data around overselling, threatening supply, officials and experts said on the sidelines of SB64 in Bonn.
Read MoreCOMMENT: Carbon Markets Cannot Claim Integrity While Excluding Women
As carbon markets undergo an integrity reset, treating women’s inclusion as a co-benefit is no longer enough – inclusive finance can help make their contributions measurable, verifiable, and central to the credibility of carbon projects.
Read MoreOcean advocates, scientists press COP31 hosts to make next climate summit a “Blue COP”
More than 150 scientists, policymakers and public figures have urged the incoming COP31 presidencies of Turkiye and Australia to make next year’s UN climate summit a “Blue COP”, calling for ocean issues to be written into the formal negotiations and backed by finance outcomes.
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