As CORSIA doubts persist, developers push ‘future-proof’ carbon projects to airlines
Developers are focusing on investing in and promoting carbon-cutting projects they think most likely to be eligible under the CORSIA aviation offset scheme, in an effort to encourage airlines to buy the units ahead of rules being finalised.
Read MoreGCAS: California’s Brown pitches broader carbon pricing cooperation, slams Trump US methane policy
California Governor Jerry Brown publicly ridiculed a Trump administration proposal that could ease regulations on methane emissions leaks in the US, while simultaneously calling on the expansion of carbon pricing mechanisms to other areas of the world.
Read MoreFOREST TRENDS: Illegal mining forces suspension of ground-breaking voluntary forest carbon project in Brazil
As the first indigenous-led conservation effort to be financed through the sale of carbon offsets, the Suruí Forest Carbon Project (PCFS in Portuguese) dramatically slowed deforestation and incubated sustainable livelihood programs in Brazil’s Sete de Setembro Indigenous Territory (TISS), but a dramatic surge in illegal mining activities throughout the region in which TISS is located has forced the Paiter-Suruí indigenous people and their partners to suspend the program indefinitely.
Read MoreCalifornia releases draft tropical forest offset standard as it prepares to revisit contentious REDD issue
California will hold a public meeting on Nov. 15 to consider whether regulators should endorse a tropical forest standard, in a move that would pave the way for the state’s cap-and-trade programme to become the world’s first compliance carbon market to allow REDD credits.
Read MoreCDM board celebrates centennial meeting, makes scheme tweaks ahead of key summit
The CDM’s Executive Board held its 100th meeting last week in Bangkok, ahead of intersessional UN climate talks this week in the Thai capital, agreeing a handful of scheme modifications in advance of this year’s crucial COP24 summit.
Read MoreCarbon Pulse hires top carbon expert to lead Americas coverage
**FREE READ** – Carbon Pulse has hired one of North America’s top carbon market experts to lead its news coverage and expand its offerings on the continent.
Read MoreCOMMENT – Wanted: Team coach for the Green Climate Fund
Reaching agreement on replenishment in the GCF family is easier said than done. Among several hotly debated issues at its last Board meeting was an hours-long discussion of how to launch replenishment — with no resolution. If we want the GCF to succeed, the Board needs to get past the logjam. Here’s WRI’s take on how they could.
Read MoreVoluntary carbon market activity poised to hit record levels -report
Activity in the voluntary carbon market in the first quarter put 2018 on pace to meet or exceed last year’s record, as business commitments to reduce carbon emissions kept increasing, according to a report published Wednesday.
Read MoreRise of international compliance markets will still accommodate voluntary carbon offsets -experts
Several opportunities will still exist for voluntary market participants to develop and sell offsets over the next decade as more global compliance mechanisms come online, according to experts.
Read MoreRecord batch of Colombian CERs cancelled by emitters against country’s carbon tax
A record batch of Colombian CERs were voluntarily cancelled this week for use by local emitters against the country’s carbon tax.
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