California punts endorsement of Tropical Forest Standard to 2019
California regulator ARB on Friday postponed a decision until next spring on whether to approve the Tropical Forest Standard (TFS) that could allow jurisdictions to link their sector-based offset programmes to the state’s carbon market, with stakeholders warning of the standard’s environmental and social ramifications.
Read MoreCOMMENT: Paris goals can only be achieved in time with robust bottom-up action
Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.
Read MoreAviation industry urges governments to wait to set a global GHG target
Governments should wait two or three years before setting a global aviation emission goal in case they “lose focus” on implementing the CORSIA offsetting mechanism, which is designed to limit emissions at 2020 levels, senior aviation representatives told a conference Monday.
Read MoreUN opens tender to buy 141k Gold Standard CERs
The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.
Read MoreUK commits £60 mln to buy domestic forest carbon credits
The UK is to allocate £60 million ($77 mln) to buy carbon credits from domestic landowners as part of efforts to plant 11 million trees by 2020, the government said in its budget on Monday.
Read MoreIMO still docked in finding ways to meet shipping’s global emission goals
Governments at the International Maritime Organisation (IMO) this week got off to a slow start in agreeing measures to help meet emission reduction goals, but the group took steps to keep in play the launch of a market-based measure from 2023.
Read MoreBrazilian company to auction nearly 500k VCUs from hydro project on Nov. 7
**This article is available to non-subscribers** – A Brazilian electric generation company has announced it will auction 492,647 Verified Carbon Units (VCUs) from a hydro project in the southern part of the country on Wednesday, Nov. 7.
Read MoreBluesource hires carbon market expert to drive business development
Project developer and advisory firm Bluesource has hired a carbon market and renewable energy expert to drive its voluntary offset business.
Read MoreLondon Stock Exchange hires well-known carbon specialist to lure more green finance
The London Stock Exchange Group (LSEG) has hired a well-known carbon and climate finance specialist to spearhead its drive on green finance.
Read MoreAs 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.
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