Eight 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 MoreJapan, ADB extend carbon market partnership
Japan and the Asian Development Bank (ADB) have extended by three years their cooperation on climate change and carbon markets, including the Joint Crediting Mechanism (JCM).
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 MoreICAO postpones decision on rubber-stamping certain VCS offsets for CORSIA eligibility
ICAO’s Council will push back a decision on lifting temporary restrictions to Verified Carbon Standard (VCS) credits approved for the global aviation offset system CORSIA, standard and developer manager Verra told Carbon Pulse.
Read MoreEU keeps mum on CORSIA baseline as study says change could wipe airline offset obligations
Airlines could avoid buying CORSIA units through the mid-2020s if nations alter the emissions baseline for the international aviation offset system, a study showed, with the EU on Wednesday making no mention of changing that provision in its proposal to implement the ICAO programme’s pilot phase.
Read MoreCARBON PULSE CONVERSATIONS 007: The Nature Conservancy
In the latest instalment of the Carbon Pulse Conversations podcast, we chat with Kelley Hamrick, policy advisor at US-based environmental organisation The Nature Conservancy (TNC), about coronavirus-related impacts on the Paris Agreement’s Article 6 negotiations and ICAO’s global aviation offset mechanism CORSIA.
Read MoreWorld Bank sticks to November REDD deal deadline amid virus concerns
The World Bank Forest Carbon Partnership Facility (FCPF) is adhering to the November deadline agreed earlier this year for tropical forest nations to sign their deforestation reduction agreements, even as several countries are running behind schedule.
Read MoreGlobal business group launches Singapore-based voluntary carbon trading drive
The International Chamber of Commerce (ICC) has teamed up with Singapore-based emissions exchange AirCarbon and blockchain development firm Perlin to drive voluntary carbon trading under its new ICC Carbon Council.
Read MoreThailand, British Columbia to take extra time to re-apply for CORSIA eligibility
Thailand and British Columbia will miss UN body ICAO’s Monday deadline to resubmit their offset programme applications for eligibility under the CORSIA global aviation scheme, as they seek to make changes to their methodologies for future intakes.
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