COP25: With the rules still in flux, governments and businesses scramble to pioneer Paris carbon markets
Businesses and governments on the sidelines of the Madrid climate talks are busy building the foundations for a Paris era international carbon market and carving out a role for themselves, even as delegates remain gridlocked in negotiations over the rules.
Read MorePREVIEW COP25: UN carbon market talks to take centre stage in Madrid
Officials from nearly 200 governments arrive at COP25 in Madrid next week to hammer out the rules for international emissions trade under the Paris Agreement, with several testing issues remaining from last year when disagreements nearly threw off a wider deal on the 2015 pact.
Read MoreNone of 14 offset standard contenders meet CORSIA aviation scheme criteria -report
None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.
Read MoreANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus
Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.
Read MoreEXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets
EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.
Read MoreFEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles
The UN’s CORSIA aviation offsetting scheme is just over a year away from entering into force, but a myriad of supply- and reputation-related concerns is clouding the horizon for airlines and investors, not least the fact that it remains unclear exactly which credits will be eligible.
Read MoreSpain approved as new host of COP25 climate talks, with dates unchanged
Spain’s offer to host this year’s UN climate talks has been approved, the international organisation said Friday, with Madrid set to be the venue after Chile pulled out due to ongoing protests in the country.
Read MoreUPDATE – Spain steps in with offer to host COP25 climate talks after Chile withdrawal
Spain has offered to host this year’s UN climate talks in Madrid, Chilean President Sebastian Pinera said Thursday, after Chile pulled out due to ongoing protests in the country.
Read MoreSaudi Arabia plans domestic carbon trading system -minister
Saudi Arabia, the world’s biggest oil producer, is planning to establish a domestic carbon trading system and will present a proposal soon, its energy minister told a Riyadh conference Wednesday, according to Reuters.
Read MoreChile pulls out of hosting COP25 climate talks amid protests
Chile has pulled out of hosting this year’s COP25 UN climate talks, as well as next month’s APEC Summit, President Sebastian Pinera announced on Wednesday, as a wave of violent riots continues to grip the country.
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