INTERVIEW: Airlines prioritising fuel costs over carbon buying as CORSIA prices slide, says ICAO TAB member
Airlines are focusing more on soaring jet fuel costs and operational pressures than carbon credit purchases as prices for CORSIA-eligible offsets continue to weaken ahead of the scheme’s upcoming mandatory phase in 2027, according to a member of ICAO’s Technical Advisory Body (TAB).
Read MoreLonger term govt responses to energy shocks can be good for emission cuts -research
When governments provide short-term relief for energy crises, they tend to go in the wrong direction, whereas prioritising structural responses can create much greater resilience in the long run, according to new research.
Read MoreGHG Protocol standards board member resigns over forest carbon accounting
A member of the international Greenhouse Gas Protocol’s Independent Standards Board tendered their resignation earlier this week based on deliberations over forest carbon accounting.
Read MoreBRIEFING: Canadian CDR signal strong despite climate policy rollback
Canada’s pullback on climate policies in pursuit of energy and economic security doesn’t have to be at odds with its signal to ramp up its carbon removal (CDR) sector, industry players said at a recent event.Â
Read MoreOECD calls for stronger data, policy checks to align finance with climate goals
Policymakers should widen climate finance policy toolkits, improve data frameworks, and strengthen evaluations to unlock transition investment opportunities that remain largely untapped, the OECD said in a 2026 review.
Read MoreRapid AI rollout could add nearly 3 bln tonnes of CO2 before climate benefits materialise -study
Rapid deployment of artificial intelligence (AI) infrastructure could add almost 3 billion tonnes of CO2 to the atmosphere before emissions savings from AI applications begin to outweigh the sector’s own climate footprint, according to a new study.
Read MoreBeZero cites legal backing for EU ESG ratings compliance as July launch nears
Carbon ratings agency BeZero Carbon said independent legal reviews have concluded its activities fall within the scope of the EU’s new ESG Ratings Regulation, as the company prepares to seek recognition under the regime ahead of its July implementation.
Read MoreIMF climate strategy faces scrutiny over decarbonisation advice, lending design
The International Monetary Fund (IMF)’s climate work has helped countries integrate transition risks into economic policy, but its decarbonisation advice and lending framework need sharper tailoring as members weigh carbon pricing, fiscal constraints, and green investment needs, according to a new independent evaluation.
Read MoreElectrification could help Asia slash fuel bill by $1 trillion annually -study
Asia could cut fossil import costs by around $1 trillion a year by electrifying its economy, a report said, with road transport alone offering savings of more than $300 billion annually.
Read MoreWorld’s largest banks raised fossil fuel lending by 8% in 2025 -report
The world’s largest banks, led by US-based institutions, have increased their fossil fuel lending last year – up nearly 8% on 2024 levels – to reach a huge $906 billion, in the latest sign yet that financiers are failing to make decisions compatible with global agreement to rein in temperature rise.
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