VCM Report: Voluntary carbon prices slip lower as buying appetite dries up amid oil spikes
CORSIA prices stabilised last week, but there was a general-sell off in much of the avoidance complex amid uncertainty about the impact of the war in the Middle East on the economy.
Read MoreCarbon registry updates Article 6.2 procedures, methodologies as it submits CORSIA application
A carbon crediting registry has released updated Article 6.2 procedures for projects seeking eligibility for international transfers of mitigation outcomes (ITMOs), including potential use under CORSIA, alongside an updated list of approved methodologies.
Read MoreVCM MONTHLY DATA: Carbon credit retirements surge to highest level for 12 months but CORSIA prices tumble
End-user demand across the voluntary carbon market (VCM) was strong in February, with over 25 million credits retired, a level not seen for a year, while prices for those eligible to be used under the CORSIA international aviation offsetting scheme took a tumble as analysts noted that a steady stream of supply may finally be on the cards.
Read MoreSIDS locked out of climate finance as funders deem them too risky -report
Small Island Developing States (SIDS) are being systematically shut out of global climate finance despite facing some of the most acute climate impacts, according to a report released Monday that said funders view these nations as too small, fragmented, and risky to support.
Read MoreVCM Report: CORSIA carbon credit prices start to stabilise as supply grows, but authorisation headaches remain
The CORSIA curve was steady over the past week, reflecting growing consensus in prices around $15 per tonne, while voluntary players continued to vent frustration at the slow process and risk when obtaining Letters of Authorisation (LoAs) from host countries for trade in the market.
Read MoreART TREES accepts Guyana estimates for 2024 mitigation under J-REDD+ programme
The Secretariat of the Architecture for REDD+ Transactions (ART) has accepted a new document submitted by the government of Guyana for its national jurisdictional REDD+ (J-REDD+) programme, it announced on Monday.
Read MoreCompliance demand for carbon credits could outstrip VCM buying before decade’s end, experts say
Compliance markets are expected to play a growing role in shaping carbon credit demand over the coming years, with buying under schemes such as CORSIA and domestic systems projected to rise steadily and surpass voluntary demand as early as 2029, a webinar heard on Wednesday.
Read MoreCOMMENT: Beyond Offsets – Making Permanence the Foundation of Global Carbon Markets
Carbon markets should evolve to finance long-term ecological stewardship, not merely insure credits, argues Charles Bedford, Founder of Carbon Growth Partners and Professor at Hong Kong University of Science and Technology.
Read MoreInternal carbon pricing, integrated decarbonisation strategies drive SAF uptake -report
Corporate adoption of sustainable aviation fuel (SAF) is being shaped by internal carbon pricing and broader decarbonisation strategies, though high costs and unclear accounting rules continue to constrain wider uptake, according to new research.
Read MoreVCM Report: Over 2 mln fresh CCP carbon credits come onstream as supply concerns for CORSIA mount
Over 2.1 million Core Carbon Principles (CCP)-labelled credits were issued last week – bringing overall tagged issuance close to 90 mln – but CORSIA credits came under pressure, fuelling concern in the airline industry expressing that operators may have to declare a force majeure if available credits under the UN’s aviation offsetting scheme don’t increase soon.
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