China, Russia blast “unfair” CORSIA, as EU’s resolve tested on aviation ETS
China and Russia have blasted the ICAO’s CORSIA aviation offsetting mechanism as unfairly burdening emerging economies, setting up a testing triennial Assembly of the UN aviation body that also threatens the EU’s inclusion of flights in its carbon market.
Read MoreCalifornia Tropical Forest Standard sets high environmental bar, incentivises communities -experts
International communities could struggle to meet the criteria set by California’s proposed Tropical Forest Standard (TFS), but the adoption of the policy may incentivise them to begin addressing deforestation, according to experts.
Read MoreColombia carbon tax-linked offset cancellations slow on supply, administrative bottlenecks
The surrendering of Colombian offsets to comply with the country’s carbon tax has slowed this year due to an extreme supply squeeze and administrative delays.
Read MoreCompanies left out of UN emissions trade as work drags on
The private sector has limited access to a slowly emerging international carbon market as governments are likely to take another two years to finalise its rules, experts said on Monday.
Read MoreCARBON FORWARD 2019 – Where next for EU carbon prices?
**THIS IS A FREE ARTICLE** – Hear the views and pick the brains of five of the market’s top analysts at the 4th annual Carbon Forward conference and training day in London on Oct. 16-18.
Read MoreLow-cost EU airline emissions edge up in August
Carbon emissions from two of Europe’s biggest low-cost airlines rose slightly in August, keeping both on track to record higher CO2 output and face costlier EU ETS bills this year.
Read MoreCalifornia Tropical Forest Standard leaves stakeholders divided despite revisions
Alterations to California’s Tropical Forest Standard (TFS) this summer did little to change supporters’ and opponents’ views of the possible precursor to jurisdictional REDD offsetting in domestic and international carbon markets, according to public comments released late last week.
Read MoreGCF eyes further €10 billion after agreeing process to refill coffers
The Green Climate Fund (GCF) struck a deal late last week on how to refill its coffers, smoothing the path for the UN’s main climate finance instrument to continue channelling cash to poorer nations.
Read MoreChina’s Belt & Road could push Paris target out of sight, report warns
The nearly 130 nations participating in China’s Belt and Road Initiative (BRI) could push Paris Agreement global warming targets out of reach unless mechanisms are put in place to ensure green finance is an integral part of the programme, a report said Monday.
Read MoreFEATURE: Countries set to spurn UN chief’s calls for more climate ambition
World leaders are unlikely to heed the UN secretary-general’s calls for countries to ramp up their Paris Agreement ambition next month, as domestic concerns and indifference from the US administration and other global heavyweights outweigh increasingly alarming evidence of a climate emergency.
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