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Eight offset programmes apply for CORSIA aviation mechanism during second intake

Published 22:34 on May 26, 2020  /  Last updated at 14:05 on May 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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CARBON PULSE CONVERSATIONS 010: Biofilica

Published 14:50 on May 26, 2020  /  Last updated at 02:12 on June 3, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

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.

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Japan, ADB extend carbon market partnership

Published 08:26 on May 26, 2020  /  Last updated at 23:21 on May 26, 2020  /  Asia Pacific, Japan, Other APAC  /  No Comments

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).

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World Bank Group launches tender to buy almost 200k carbon offsets

Published 10:52 on May 24, 2020  /  Last updated at 11:06 on May 24, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The World Bank Group has launched a request for proposals (RFP) to buy almost 200,000 carbon credits to offset the organisation’s emissions.

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ICAO postpones decision on rubber-stamping certain VCS offsets for CORSIA eligibility

Published 16:03 on May 15, 2020  /  Last updated at 00:13 on May 23, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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EU keeps mum on CORSIA baseline as study says change could wipe airline offset obligations

Published 19:11 on May 13, 2020  /  Last updated at 02:39 on May 14, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, EU ETS, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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CARBON PULSE CONVERSATIONS 007: The Nature Conservancy

Published 16:54 on May 7, 2020  /  Last updated at 02:13 on June 3, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  2 Comments

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.

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World Bank sticks to November REDD deal deadline amid virus concerns

Published 15:04 on April 22, 2020  /  Last updated at 23:33 on April 22, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

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.

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Global business group launches Singapore-based voluntary carbon trading drive

Published 13:43 on April 22, 2020  /  Last updated at 23:36 on April 22, 2020  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

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.

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Thailand, British Columbia to take extra time to re-apply for CORSIA eligibility

Published 16:50 on April 20, 2020  /  Last updated at 22:19 on April 20, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

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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