UK air traffic controller invests in carbon removal credit for first time
An air traffic controller has agreed to buy ÂŁ500,000 of durable removal credits from a diverse range of projects, as part of a UK Sustainable Aviation coalition that has pledged ÂŁ2 million to stimulate the carbon removal (CDR) market.
Read MoreFEATURE: “A logical destination” – govt-led forestry carbon projects remove market friction, command premiums
Forestry-based carbon projects that are government-led and factored into national accounting systems can achieve landscape-scale change, with credit prices trading at a premium, say experts.
Read MoreAviation group warns EU against wider ETS scope in 2026 review
A European aviation alliance has warned the European Commission against expanding the EU ETS beyond flights within the European Economic Area (EEA), arguing that such a move could hurt European carriers and airports without delivering clear climate gains.
Read MoreVCM MONTHLY: Retirements and issuances rise while CORSIA prices slide
Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
Read MoreCarbon insurance market set for explosive growth, finds report
Premiums for insuring the carbon market could reach at least $1.8 billion by 2030 and up to $30 bln by 2050, claims a report.
Read MoreVCM REPORT: CORSIA prices steady after months-long slide as market searches for floor
CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.
Read MoreUPDATE – Six EU countries oppose plan to extend carbon market to departing flights
Six EU countries have urged Brussels to prioritise strengthening the international aviation sector’s carbon offsetting scheme CORSIA rather than extending the bloc’s carbon market to international flights.
Read MoreHope fading fast of airlines meeting net zero 2050 goal, warns airline body
Airlines may need an easier climate target because “hope was fading fast” of meeting the net zero 2050 goal, an industry body has warned.
Read MoreClean industry financing jumps as China leads new project wave -report
Clean industry projects worth an estimated $43 billion secured financing over the past six months, more than double the pace recorded in the same period a year earlier, as China accounted for most new projects, according to a report published Monday.
Read MoreGlobal airline association launches alliance to boost CORSIA credit supply
The International Air Transport Association (IATA) has launched an alliance to boost the supply of carbon credits eligible for compliance with CORSIA by spring 2027, it announced on Saturday.
Read More