Airline operators face future CORSIA compliance risk as Article 6 negotiations drag on -report
Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.
Read MoreEU, US beginning to see eye-to-eye on Article 6 standards, says bloc’s lead negotiator
The US is beginning to cede ground in long-running negotiations over Article 6 of the Paris Agreement, showing flexibility on the EU’s demand for strong minimum standards to govern international carbon markets, the bloc’s chief climate negotiator said on Thursday.
Read MoreTrio announces collaboration to build Rwandan Article 6 project pipeline
Gold Standard and Singapore-based GenZero on Thursday announced they have teamed up with Rwandan government agencies to create the foundation for a pipeline of projects in the African country eligible to earn carbon credits under Article 6 of the Paris Agreement.
Read MoreDomestic carbon removal markets risk missing out on developing world’s potential -experts
The more government policies focus on developing their domestic carbon removals rather than a global market for credits, the less opportunity there will be to tap into the biggest potential in the world – often in developing countries that have less need to cut emissions, according to experts.
Read MoreEXCLUSIVE: Kenya teams up with global analytics firm to build REDD+ carbon registry
Kenya has partnered with an international energy analytics firm to establish a REDD+ carbon registry.
Read MoreFEATURE: Parties probe Article 6 ‘floor price’ but experts doubt formal rollout
Some countries, notably in Africa, are said to be pushing to establish a minimum price for the sale of Article 6 credits, although experts doubt that any widespread policy could realistically be implemented as the idea remains abstract, backed informally by just a few parties.
Read MoreANALYSIS: Voluntary, regulated carbon markets need each other, but solving the supply bottleneck will take years
Voluntary and regulated carbon markets need one another, international stakeholders told a World Bank-convened event this week, but creating the right investment conditions to scale supply and blur the lines between the two forms of pricing mechanisms will take years.
Read MoreSwiss group awards letter of support to biogas carbon project in Ghana under Article 6
The Swiss industry agency entrusted by its government with arranging Article 6.2 bilateral agreements has provided written and financial support to a biogas project in Ghana, a global forerunner in Paris Agreement carbon trading deals.
Read MoreCAD Trust partners with QAI to advance carbon market data initiatives
The Climate Action Data Trust (CAD Trust) and Quantedge Advancement Initiative (WAI) announced a two-year funding partnership Friday to catalyse climate change action and improve carbon market data, the former said.
Read MoreMalawi ITMO carbon credits trade at $10.25, retired the same day
Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.
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