Coalition urges CDR share of international credits for EU 2040 climate targets
A coalition of carbon removal (CDR) proponents has called for the EU to include a clear share of negative emissions technologies as part of the international credits contribution towards the bloc’s new 2040 climate goal.
Read MoreBRIEFING: Govt incentives, like UK floor price, crucial for sustainable aviation fuel take-off
The UK government’s plan to create a floor price for sustainable aviation fuel (SAF) could help to reduce the “green premium” that constrains the uptake of what many see as the fastest way to cut aviation emissions, according to an airport official.
Read MoreMongolia soil carbon project secures JCM clearance, opening compliance route
A soil carbon project in Mongolia developed by a US firm has become the first of its kind to receive a formal “no objection” decision under Japan’s Joint Crediting Mechanism (JCM).
Read MoreSanta Marta pushes for new legal instrument on fair fossil fuel phaseout
United in the Colombian city of Santa Marta for the first international conference on transitioning away from fossil fuels, governments, scientists, and civil society organisations advocated for strategies they believe can lead the world in reducing reliance on oil, gas, and coal.
Read MoreVCM REPORT: CORSIA futures curb takes shape as REDD carbon prices climb amid shortage
The long-dated CORSIA futures curve took shape last week after a single lot on the Dec-30 contract was bought on the ICE exchange, while lower quality REDD projects continue to climb in value amid a dearth of supply of fresh issuance in the avoided deforestation sector.
Read MoreLebanon to receive Article 6 policy support as UN agency launches RFP
A UN agency has launched a Request for Proposals (RFP) to support Lebanon in developing carbon markets with an eye to Article 6 engagement.
Read MoreEuropean Commission plans to use Article 6 as “benchmark” for eligible CORSIA carbon credits in EU
The European Commission is proposing to set Article 6 of the Paris Agreement as the quality standard for credits to be purchased and cancelled by airlines in the region as part of their CORSIA offsetting obligations, an official told Carbon Pulse.
Read MoreIMO head calls for consensus on climate framework for shipping
The secretary-general of the UN’s maritime organisation, Arsenio Dominguez, wants to see “constructive and pragmatic exchanges” between countries during this week’s contentious negotiations on a global climate framework, and carbon price, for shipping, he said at the opening on Monday.
Read MoreGGGI seeks research on linking carbon markets with adaptation under Article 6
The Global Green Growth Institute is seeking research on how carbon markets can deliver adaptation benefits for climate-vulnerable countries, as part of its efforts to scale cooperation under Article 6 of the Paris Agreement.
Read MoreCOP31 must reclaim the climate narrative to avoid being seen as a non-event, panel hears
Australia must use its new hybrid role of President for Negotiations at the upcoming COP31 to reclaim the climate narrative if it wants to avoid it being a non-event, according to a climate expert event held Monday.
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