SB64: INTERVIEW – Zimbabwe makes its case to ICAO for CORSIA credit labels
Zimbabwean officials met Friday in Bonn with members of CORSIA’s Technical Advisory Body (TAB) to understand the TAB’s limits on involving national registries in the scheme, a country representative told Carbon Pulse, citing high stakes for standards and host countries alike.
Read MoreBRIEFING: Global governments urge Brussels to simplify CBAM compliance rules
Governments around the world have urged the EU to simplify what they describe as overly prescriptive and complex requirements for complying with its Carbon Border Adjustment Mechanism (CBAM).
Read MoreIndonesia targets export sale of 30 mln forestry carbon credits in July
Indonesia is looking to launch an international sale of forestry carbon credits next month, offering more than 30 million tonnes of emission reductions to global buyers, according to officials.
Read MoreSB64: FEATURE – Pitfalls in Article 6.2 reporting lead negotiators, observers to ask about iterative review
Negotiators and observers are questioning how the UN’s process of assessing Article 6.2 initial reports could become more iterative and better at isolating major concerns, as common reporting pitfalls have led UN teams to declare inconsistencies in every review to date.
Read MoreTechnical assistance funding backs Congo sustainable land-use project
A sustainable land-use project in the Republic of the Congo has secured catalytic technical-assistance funding to support environmental and social studies aimed at advancing the project towards investment readiness.
Read MoreEU member states agree to extend CBAM to downstream sectors from 2028
EU member states agreed on Friday to extend the bloc’s Carbon Border Adjustment Mechanism (CBAM) to downstream goods from Jan. 2028, while tightening the conditions for temporarily exempting products and broadening the list of goods covered.
Read MoreSB64: EU hopes CORSIA will use PACM as guide to ensure Paris alignment, advisor says
The EU is hopeful that the UN’s CORSIA offsetting scheme for airlines will look at the Paris Agreement Crediting Mechanism’s (PACM) direction of travel and explore potential revisions, a policy advisor to the European Commission said Friday, as aviation stakeholders await a decision on whether the bloc will expand its ETS to cover extra-European flights.
Read MorePACM could scale carbon crediting beyond projects, but rule gaps remain -report
The Paris Agreement Crediting Mechanism (PACM) could help carbon markets move beyond individual projects and deliver mitigation at scale, but regulators still need to close key methodological, governance, and demand gaps, according to a report released Tuesday.
Read MoreINTERVIEW: War pushes carbon insurers to pause cover in parts of Middle East
Armed conflict and policy uncertainty are making parts of the international carbon market harder to insure just as the EU looks to lean more on overseas credits, according to Bilal Hussain, co-founder and CEO of carbon credit insurer Artio.
Read MoreSB64: South Korea seeks to accelerate implementation of Article 6.2 projects
South Korea is seeking to fast-track its bilateral partnerships under the Paris Agreement, with approvals for new GHG reduction projects expected in the coming months.
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