Benefits of sovereign control of credit supply may drive up Article 6 activity
As governments tighten their grip on carbon credit supply to align developers with national climate strategies, analysts say this shift will drive a surge in Article 6 activity under the Paris Agreement.
Read MoreUK aviation body launches carbon removal purchase signal, as taskforce warns of supply shortfall
A sustainable aviation trade body in the UK has committed to support the purchase of more than £2 million worth of carbon removals to help close the sector’s net zero gap, as an industry taskforce urged for policy intervention to avoid a looming supply shortfall.
Read MoreAirline trade body calls for expansion of CORSIA for intra-EU flights, ETS revenues for SAF
An airline trade body is calling for the EU to reform the Emission Trading System (ETS) and let all international flights, including those within the European Economic Area (EEA), be subject to CORSIA, the international aviation offsetting scheme.
Read MoreGuyana has sold CORSIA-eligible carbon credits to 19 airlines -senior official
Guyana has sold jurisdictional forest carbon credits to 19 international airlines over the past 18 months, a senior government official said, as demand for CORSIA-eligible units grows ahead of tightening aviation offsetting requirements.
Read MoreUganda structuring large-scale clean cooking PoA, aiming for 50 mln compliance-grade credits
Uganda will aggregate clean cooking projects into a national Programme of Activities (PoA), aiming to generate some 50 million carbon credits to be sold into the voluntary market (VCM), the Paris Agreement Crediting Mechanism (PACM), and the CORSIA aviation offsetting scheme.
Read MoreCompliance markets to overtake VCM as main CDR revenue source around 2030 -report
Compliance carbon markets are expected to become the primary source of revenue for carbon removal (CDR) projects around 2030, according to a report published this month.
Read MoreLow-quality carbon credits to be used for compliance in CORSIA, warns rating agency
Low-quality carbon credits have been given the green light for compliance in the first phase of the international aviation offsetting scheme CORSIA, warned a rating agency.
Read MoreNew carbon trading platform launches to help scale market
Two carbon market veterans are developing new market infrastructure to improve trading and help buyers source credits, aiming to provide comparable infrastructure to more mature financial markets.
Read MoreVCM Report: CORSIA carbon futures fall again, low-rated REDD credits struggle
CORSIA carbon futures continued to slump as the supply of credits crept higher and the conflict in Iran pushed up jet fuel prices, leading to expectations of a possible downturn in demand from the aviation sector.
Read MoreUN climate summit air travel emissions have surged by 2500% since 1995, researchers calculate
Rising attendance has driven a 26-fold increase in emissions from air travel to United Nations climate negotiations over the past three decades, with delegate flights generating more than 710,000 tonnes of CO2e since the mid-1990s, according to a new study.
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