Eyeing voluntary market split, Gold Standard seeks firm line on Paris-era offsetting
Offset certifier Gold Standard plans to differentiate post-2020 vintage carbon credits depending on whether host nations make corresponding adjustments to their emissions inventories, a firm line that may force offset buyers to drastically rethink their voluntary climate strategies.
Read MoreANALYSIS: Virus crisis puts pause on voluntary carbon market’s rapid expansion
The massive economic upheaval of the coronavirus pandemic has paused the surge in voluntary carbon trade, but companies’ vastly differing fortunes and supply cut-offs are likely to prevent carbon credit prices plunging this year.
Read MoreCARBON PULSE CONVERSATIONS 011: EnergyLab (Chile)
In the latest edition of our Carbon Pulse Conversations podcast, we chat with Cristian Mosella, co-founder and executive director of Chilean consultancy EnergyLab, about the South American country’s recent COP25 presidency, its updated Paris Agreement NDC, and developments regarding a potential emissions trading programme and the current carbon tax.
Read MoreUK unveils post-Brexit carbon market plans featuring price floor, tighter emissions cap
Britain is aiming to establish its own domestic carbon market from 2021 that may or may not link to the EU ETS, the UK government confirmed on Monday as part of its long-awaited response to a public consultation, proposing a few ambitious features of its own.
Read MoreGlobal carbon market sees modest growth in 2019, strong interest in forestry -World Bank
Global carbon markets expanded marginally last year and saw modest growth in government revenues, but interest in offset projects rose with forestry leading the way, according to an annual report released Thursday by the World Bank.
Read MoreEight offset programmes apply for CORSIA aviation mechanism during second intake
UN aviation body ICAO’s expert panel will consider eight additional emissions unit programmes for the global offsetting mechanism CORSIA, with the submissions ranging from Kyoto-era crediting methodologies to jurisdictional-scale forest and land-use activities to an unauthorised application to incorporate the Northeast US RGGI carbon market.
Read MoreCARBON PULSE CONVERSATIONS 010: Biofilica
In the latest instalment of our Carbon Pulse Conversations podcast, we chat with Plinio Ribeiro, CEO of Brazil-based offset project developer Biofilica, about COVID-19 related impacts on the REDD credit market and the outlook for compliance and voluntary market-based programmes both internationally and in Brazil.
Read MoreUN must uphold CORSIA rules to avoid delaying airlines’ climate action, say campaigners, offset providers
Governments must ignore airlines’ pleas to modify the UN’s CORSIA international flight offsetting mechanism in the wake of the coronavirus impact because weakening the existing rules would set the sector’s climate action efforts back many years, campaigners and offset industry players urged on Monday.
Read MoreWorld Bank Group launches tender to buy almost 200k carbon offsets
The World Bank Group has launched a request for proposals (RFP) to buy almost 200,000 carbon credits to offset the organisation’s emissions.
Read MoreSurprise EU data release lifts lid on 12 years of ETS emissions transactions
The European Commission this week quietly published over 12 years’ worth of trading records from the EU ETS emissions registry, offering a comprehensive glimpse of how hundreds of billions tonnes of CO2 were shifted across more than a million transactions.
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