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CORSIA offset recommendations run counter to feedback on CDM and China’s CCERs, comments show

Published 22:07 on March 24, 2020  /  Last updated at 11:08 on March 25, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

ICAO should not have unconditionally accepted the CDM or China’s GHG Voluntary Emission Reduction Program to supply the pilot phase of its global aviation offset system CORSIA due to environmental integrity concerns and a lack of transparency in their applications, according to public comments released Monday.

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Verra seeks clarifications, changes on aviation offset restrictions under CORSIA

Published 21:32 on March 19, 2020  /  Last updated at 22:36 on March 19, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra is planning a series of alterations to its Verified Carbon Standard (VCS) project types that the ICAO Council declined to approve for use under the international aviation offset system CORSIA.

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Major climate conference nixed over coronavirus

Published 11:55 on March 19, 2020  /  Last updated at 11:55 on March 19, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.

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Airlines’ CORSIA offset requirements could skew lower with flexibility provision -analysis

Published 21:17 on March 16, 2020  /  Last updated at 23:22 on May 29, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A flexibility mechanism built into the global aviation offset programme CORSIA could reduce carbon credit obligations during the scheme’s pilot phase to address coronavirus-related impacts on the emission baseline, eliminating the need for any changes to the underlying ICAO resolution, according to a green group’s analysis.

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UN approves six offset programmes, vintage restrictions for CORSIA aviation scheme

Published 19:03 on March 13, 2020  /  Last updated at 00:17 on March 14, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The ICAO Council on Friday endorsed six programmes in full and two others on a conditional basis to supply the UN body’s CORSIA international aviation offset mechanism, with eligible carbon credits initially restricted to a five-year window.

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Japan, Saudi Arabia issue first carbon credits under bilateral offset programme

Published 07:23 on March 10, 2020  /  Last updated at 09:07 on March 10, 2020  /  Asia Pacific, EMEA, Japan, Middle East  /  No Comments

Japan and Saudi Arabia have issued the first offsets under their Joint Crediting Mechanism (JCM) programme, for which Japan intends to use its share towards meeting its obligations under the Paris Agreement.

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Africa, Asia big winners in German government’s carbon offset tenders -report

Published 23:53 on February 24, 2020  /  Last updated at 23:57 on February 24, 2020  /  Africa, Americas, Asia Pacific, Bavardage, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany has purchased more than 1 million carbon credits between 2014 and 2018 to offset the federal government’s emissions from business trips, according to a new report, with virtually all of the units coming from Africa or Asia and almost half from a single project type.

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Nearly half of global GDP could soon be subject to net zero emission targets -report

Published 03:32 on February 18, 2020  /  Last updated at 00:12 on February 19, 2020  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South Korea, US  /  No Comments

Governments representing 49% of the global economy have or are in the process of putting in place targets to reach net zero greenhouse gas emissions, a report showed.

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Carbon Pulse kicks off 2020 with two new hires to enter investment, development phase

Published 00:01 on February 18, 2020  /  Last updated at 00:16 on September 16, 2020  /  Africa, Asia Pacific, Aviation/CORSIA, Bavardage, Carbon Taxes, CBAM, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Shipping, Switzerland, Voluntary Market  /  1 Comment

Carbon Pulse has expanded its workforce to kick off 2020, hiring two experts to help bolster its unrivalled news and intelligence offering as the five-year old company enters a new period of investment and product development.

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COP26 seen as “last chance” to forge Paris carbon trading rulebook

Published 23:04 on January 28, 2020  /  Last updated at 21:14 on January 31, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The 2020 COP26 UN climate summit in Glasgow will be the final opportunity for countries to agree to the rulebook for the Paris Agreement’s market-based Article 6, but countries will still press on with carbon market deals over the next decade if negotiations come up short for a third straight year, experts said Tuesday.

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