CORSIA could run short of eligible offsets by 2028 under higher emissions scenarios -analysis
The aviation sector’s international carbon offsetting scheme could face a shortage of eligible credits by 2028 under medium- and high-emissions scenarios, according to analysts, even though only a small portion of expected demand is currently covered by explicit non-compliance penalties.Â
Read MoreWorld Bank toolkit urges countries to draw on existing standards in voluntary carbon market rules
Developing countries should build clear domestic rules for carbon crediting while relying where possible on established international standards and infrastructure to avoid slowing market access, the World Bank said in a legal guide published this week.
Read MoreEuropean airline signs carbon removal offtake deal with marketplace
A large European airline has signed a multi-year offtake agreement with a Berlin-based broker, doubling the share of permanent carbon removals in its credit portfolio.
Read MoreINTERVIEW: CORSIA carbon credit supply and demand must grow ‘in lock step’ to scale market
The UN’s international aviation offsetting scheme is slowly growing, but has the potential to take off quickly if supply and demand fall into lockstep, the founder of a carbon markets analysis company told Carbon Pulse.
Read MoreINTERVIEW: Pakistan province eyes carbon market expansion, sub-national ETS by 2027
Punjab, Pakistan’s most populous province, is preparing an extensive push into carbon markets, with officials targeting the launch of a sub-national emissions trading system (ETS) by mid-2027 while developing a pipeline of Article 6 and voluntary carbon market projects spanning forestry, transport, waste, energy, and clean water.
Read MoreBRIEFING: Brazil carbon market players call for diversified demand amid Article 6 debate
Brazil’s carbon market needs more diversified and predictable demand if it is to scale beyond a niche voluntary market and to attract long-term investment, speakers said at an event in Sao Paulo.
Read MoreUPDATE – UN adopts ICJ opinion on legal duty to cut emissions
The UN General Assembly voted on Wednesday to approve a resolution to endorsing the International Court of Justice (ICJ) advisory opinion on climate change issued in 2025, which found that states have a legal obligation to cut GHG emissions.
Read MoreTurkiye throws focus on electrification, clean energy ahead of COP31
Turkiye’s incoming COP31 presidency is calling to speed up electrification around the world, arguing that the energy crisis underscores the importance of renewable energy, as well as diversification of sources.
Read MoreArgentina proposes legal, regulatory regime for all carbon credits
A bill introduced Tuesday to Argentina’s congress has proposed a three-tiered legal regime for carbon credits, an authorisation procedure, and a national carbon registry, also reinforcing the federalist relationship between the country’s provinces and national government.
Read MoreINTERVIEW: New ITMO registry seeks at least 100 mln CDM carbon credits, 5 mln transfers across May
More than 5 million credits from the Clean Development Mechanism (CDM) are expected to sign up to a new carbon registry this month that hopes to attract up 800 million of the UN registry’s units before they face oblivion at the end of the year.
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