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‘Isolated’ EU nations willing to waive through CORSIA rulebook –EC official

Published 17:42 on February 20, 2018  /  Last updated at 09:44 on February 21, 2018  /  Americas, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

EU nations are prepared to waive through the draft rulebook for the CORSIA international offset market because they lack enough support to force changes, an EU official said on Tuesday.

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Climate finance vehicle picks 9 new initiatives to support in emerging nations

Published 12:26 on February 16, 2018  /  Last updated at 12:26 on February 16, 2018  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

Public-private climate investment vehicle The Lab has selected nine initiatives from over 100 applications to support for this year, with funding expanding into land-use sectors.

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Experts float international emission trade suggestions as UN talks approach business end

Published 18:33 on February 12, 2018  /  Last updated at 21:48 on February 12, 2018  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

A group of experts have outlined how guidance on international emissions trade could look, aiming to help advance work that UNFCCC negotiators have been tasked to agree this year.

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Two carbon market veterans leave Finland-based GreenStream for new roles

Published 13:33 on February 12, 2018  /  Last updated at 00:56 on February 13, 2018  /  Bavardage, EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Two long-time senior employees have left Finland-based low-carbon investment and advisory firm GreenStream to take on new roles.

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Nations urged to waive through CORSIA rulebook as time pressure hits airlines

Published 00:47 on February 10, 2018  /  Last updated at 02:50 on February 12, 2018  /  Americas, Aviation, Canada, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, US, Voluntary Market  /  No Comments

Airlines are urging governments to waive through the draft rulebook for the CORSIA international offset market without further changes, as regulators face tight timelines to ready the scheme.

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ANALYSIS: CORSIA’s wide-door offset policy may give airlines fewer clues on costs

Published 23:00 on January 31, 2018  /  Last updated at 23:03 on January 31, 2018  /  Africa, Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Multiple offset certifiers expect to meet required standards for the global CORSIA aviation offset scheme, potentially resulting in a fragmented market that will give airlines more supply options but less idea of cost.

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Little respite in South Korea ETS for Europe’s CDM investors

Published 10:51 on January 19, 2018  /  Last updated at 15:58 on January 19, 2018  /  Asia Pacific, EMEA, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korean carbon traders and brokers are seeing a significant uptick in approaches from European investors looking to take advantage of impending offset rule changes in the Korean ETS, but opportunities are likely to be limited, according to market participants.

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Global CO2 trading volume up 5% in 2017, value up 22% as major markets extend rules -analysts

Published 15:03 on January 18, 2018  /  Last updated at 08:26 on January 19, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 5% in 2017 to 6.3 billion tonnes of CO2e while the overall value of the markets climbed 22% to €41 billion ($33.5 billion), the Point Carbon analysts at Thomson Reuters said in a market review published Thursday.

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ANALYSIS: Colombian emitters face offset supply crunch as door closes on foreign units

Published 00:15 on January 18, 2018  /  Last updated at 12:47 on January 18, 2018  /  Americas, Carbon Taxes, Kyoto Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

As Colombia stops allowing emitters to use international offsets to cover their national carbon tax obligations, its companies are struggling to find enough domestic credits to meet demand.

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Advisor warns UK against using international credits towards post-2020 emission goals

Published 00:01 on January 17, 2018  /  Last updated at 13:51 on January 17, 2018  /  EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

The UK government must firm up how it will meet its medium-term emission goals and should not make use of legal loopholes such as buying foreign carbon credits, according to Britain’s independent advisory body the Committee on Climate Change (CCC).

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