PREVIEW: Upcoming EU presidency holder Slovenia braces for climate “legislative tsunami”
Slovenia is preparing to steer negotiations on the EU’s upcoming ‘Fit for 55’ climate legislative package, which is due to be officially unveiled in two weeks, as the Balkan nation becomes the bloc’s presidency holder for the second half of 2021.
Read MoreVCM report: CORSIA-eligible credits again tick higher as Latam sellers shy away
Prices for CORSIA-eligible voluntary emissions reductions (VERs) again advanced slightly this week, with one assessment hitting a new peak as some sellers are seen holding back in expectation that governments will eventually step in with regulation.
Read MoreANALYSIS: Removal-based credits, governance body proving contentious in offset taskforce consultation
Plans from the private sector-led Taskforce on Scaling Voluntary Carbon Markets (TSVCM) to distinguish between voluntary emissions reductions (VERs) that avoid or remove GHGs are emerging as a key sticking point in an ongoing consultation, as some worry about potential overstep with existing crediting standards or conflicts of interest that may arise through the creation of a governance body.
Read MoreINTERVIEW: Startup founded by ex-BP risk boss aims to streamline net zero commodity trading
With corporate net zero ambitions growing by the day, a startup led by oil major BP’s former risk boss wants to certify the carbon neutrality of the commodity transactions that will form the basis of many of these efforts.
Read MoreVCM Report: CORSIA-eligible credit values rise, CME Group announces nature-based futures contract launch
Prices for CORSIA-eligible voluntary emissions reductions (VERs) ticked up once again this week, while US-based exchange CME Group announced it will launch a nature-based carbon offset futures contract this summer.
Read MoreCOVID claims life of “beloved and honourable” California carbon market economist
A respected and admired economist covering California’s carbon market has passed away after falling ill with the coronavirus.
Read MoreFEATURE: Europe’s most valuable startup seeks climate path beyond offsetting
Swedish payments firm Klarna has set out climate plans to invest in carbon-cutting projects without offsetting, a move some say assuages integrity concerns while supporting impactful activities at scale.
Read MoreUN climate talks to take political dimension after ‘no breakthroughs’ on Article 6
Ministers from 40 nations will aim to advance international emissions trade talks on the Paris Agreement’s Article 6 next month, after scant progress by officials during a three-week virtual UN meeting.
Read MoreCOMMENT: Voluntary carbon markets – broken more than breakthrough
The voluntary carbon market is supposed to be saving the world. Instead many carbon credit retailers are lining their pockets, warns market veteran and Redshaw Advisors founder Louis Redshaw.
Read MoreAfrican countries back Egypt to host COP27 UN climate talks
Egypt is poised to host next year’s UN climate summit after receiving endorsement from the African Group of Negotiators on Climate Change (AGN) this week, according to government officials and media reports.
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