Liberia threatened with development funding cuts if it fails to greenlight CORSIA carbon supply -FT
Liberia faces losing vital development bank support unless it approves the sale of credits eligible under the UN’s international aviation offsetting scheme (CORSIA), the Financial Times reported on Friday.
Read MoreDutch carbon developer waits for Kenyan LoA to stave off liquidity squeeze
A Dutch project developer is waiting on a Letter of Authorisation (LoA) for Article 6 trade from Kenya to stave off the need for further capital raising or scaling back operations, it revealed in its annual report on Friday.
Read MoreEU upgrades platform to track aviation’s non-CO2 climate impact
The European Commission released on Thursday the third version of the Non-CO2 Aviation Effects Tracking System (NEATS), introducing a new platform for monitoring the sector’s wider climate impact under the EU Emissions Trading System (EU ETS).
Read MoreBRIEFING: African cookstoves developer secures latest LoA with DRC, touting enthusiasm for projects
A Kenya-based cookstoves developer has received an Article 6 Letter of Authorisation (LoA) from the Democratic Republic of Congo (DRC), prefacing intent to sell state-sanctioned carbon credits under the UN’s CORSIA aviation offsetting scheme.
Read MorePhilippines inks first bilateral Article 6 agreement with Singapore
Singapore and the Philippines on Thursday signed a bilateral implementation agreement under Article 6 of the Paris Agreement, marking Manila’s first such deal to transfer carbon credits and further expanding the city-state’s growing portfolio.
Read MoreVerra publishes auditor scorecards, says it’s cutting timelines amid digitalisation
The standard body is cutting project review timelines, rolling out digital systems, as well as expanding Article 6 and CORSIA labelling guidance, it said in a Wednesday stakeholder update, as it also published auditor scorecards on the same day.
Read MoreAerospace company procures 20k CDR credits via carbon marketplace
A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
Read MoreAfrica Roundup: Rush of clean cookstove projects cleared for international carbon crediting
A flurry of Sub-Saharan African clean cookstoves were cleared to generate international carbon credits this past month, injecting fresh supply into the aviation offsetting scheme CORSIA, and the wider international market.Â
Read MoreEU should avoid “black box” approach to carbon credit procurement, say experts
The EU should draw on existing standards as part of its carbon credit buying strategy rather than add to an already fragmented patchwork of frameworks, researchers, ratings agencies, and developers said this week.
Read MoreMENA Roundup: No longer on the sidelines, MENA partakes in global market twists and turns
From feeling the impact from Microsoft’s carbon removal buying ‘pause’, to hosting a CORSIA auction and building Article 6 readiness, the Middle East and North Africa (MENA) region in April stepped into the midst of global carbon market trends.
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