Top

ICAO Council drops 2020 from emissions baseline for CORSIA’s pilot phase

Published 22:47 on June 30, 2020  /  Last updated at 00:22 on July 1, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

ICAO’s Council on Tuesday agreed to omit 2020 from the carbon neutral growth baseline during the international aviation offset programme CORSIA’s first three years, while leaving the door open for the UN body’s Assembly to make that change for the entire 15-year duration of the scheme.

Read More
Top

US threatens CORSIA exit if GHG baseline decision not made next week

Published 20:17 on June 26, 2020  /  Last updated at 21:51 on June 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The US will opt out of the first three years of the CORSIA offset mechanism for global air travel if other countries do not agree to alter the programme’s emissions baseline next week, with other nations potentially following suit, a Dutch minister said Friday.

Read More
Top

Green COVID-19 recoveries must not shy away from stringent CO2 prices -experts

Published 22:49 on June 22, 2020  /  Last updated at 23:33 on June 22, 2020  /  Africa, Americas, Asia Pacific, Carbon Taxes, EMEA, International, Other APAC, REDD, South & Central  /  No Comments

Sustainable economic recovery efforts amid the coronavirus pandemic should not only feature CO2 taxes or emissions trading schemes to stimulate a clean and just transition, but also avoid the pitfalls of weak carbon pricing rates that have persisted for years, experts said Monday.

Read More
Top

Eyeing voluntary market split, Gold Standard seeks firm line on Paris-era offsetting

Published 18:07 on June 19, 2020  /  Last updated at 06:26 on June 20, 2020  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Offset certifier Gold Standard plans to differentiate post-2020 vintage carbon credits depending on whether host nations make corresponding adjustments to their emissions inventories, a firm line that may force offset buyers to drastically rethink their voluntary climate strategies.

Read More
Top

Greater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report

Published 22:52 on June 17, 2020  /  Last updated at 22:52 on June 17, 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

A lack of standardisation and transparency across eligible offset programmes under the international aviation offset market CORSIA is presenting a barrier to entry for participants and making it difficult to estimate credit supply, according to a new report.  

Read More
Top

RGGI administrator distances carbon market from unauthorised CORSIA application

Published 15:41 on May 29, 2020  /  Last updated at 23:34 on May 29, 2020  /  Americas, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A third-party submission to qualify RGGI allowances and offsets for eligibility in the global aviation scheme CORSIA was not sanctioned by the Northeast US cap-and-trade programme and runs counter to existing regulations, the market administrator has told Carbon Pulse.

Read More
Top

UN accepts UK proposal to host COP26 in Nov. 2021

Published 20:57 on May 28, 2020  /  Last updated at 01:55 on May 29, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

*FREE READ* – Governments have agreed to move the COP26 UN climate summit to Nov. 2021 as environmental groups urged the UK hosts and other nations to use the extra time to enhance their climate action plans and to ‘green’ their post-coronavirus recovery efforts.

Read More
Top

Global carbon market sees modest growth in 2019, strong interest in forestry -World Bank

Published 13:00 on May 28, 2020  /  Last updated at 20:34 on May 29, 2020  /  Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Global carbon markets expanded marginally last year and saw modest growth in government revenues, but interest in offset projects rose with forestry leading the way, according to an annual report released Thursday by the World Bank.

Read More
Top

UK proposes Nov. 2021 for rescheduled COP26 climate talks

Published 23:36 on May 26, 2020  /  Last updated at 23:55 on May 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Britain has asked the UN climate agency to reschedule the delayed COP26 summit in Glasgow for November 2021 in order to further mitigate the impacts of coronavirus pandemic, with a decision slated for later this week.

Read More
Top

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.

Read More