FEATURE: ICAO decision to block Zimbabwe credits reveals a disconnect with Paris Agreement rules
The news that Zimbabwe’s carbon credits are barred from the international aviation offsetting scheme CORSIA has sparked concerns elsewhere in Africa of a disconnect between Paris Agreement and ICAO rules – and may dissuade others from following a similar model for their national carbon registries.
Read MoreUK waste-to-energy plant completes major CCS upgrade
A UK energy-from-waste operator has completed a major upgrade at a West Yorkshire plant earmarked for carbon capture and storage (CCS) deployment, it said Monday.
Read MoreEU set to integrate carbon removals into national climate goals for the first time
Member states will for the first time be able to use EU-certified permanent carbon removal credits to meet their national climate targets for agriculture, forestry, and other non-ETS sectors under proposals due to be presented later this year, a senior official has said.
Read MoreCEE Roundup: New Bulgarian government may add to regional pushback on EU climate rules
Last month’s change of government in Bulgaria could sharpen Sofia’s tone on EU climate policy, adding to wider Eastern European pressure for more flexibility on carbon costs, industrial rules, and border carbon fee exposure.
Read MoreLACS26: Chile plans ‘matchmaker’ platform for early-stage carbon projects with investors
The Chilean government is looking into building a platform designed to increase carbon project transparency and connect developers with investors, consultants, and potential buyers across different markets, an official said on Thursday.
Read MoreCanadian timber company reports emissions cuts, $13.3 mln in credit revenues
A Canadian-headquartered forestry company this week reported progress towards its climate targets, including lower emissions and new revenues from carbon market activities, in its latest sustainability report.
Read MoreEU needs to find “middle ground” for CORSIA credit eligibility, says rating agency
EU-approved CORSIA Phase 1 supply, based on provisional eligibility criteria, could reach as many as 160 million credits across the three-year period, according to a rating agency, but the company urged that Brussels takes a more moderate stance as this total is unlikely to be anywhere near as high in reality.
Read MoreColombian draft decree conditions carbon market continuation on emerging systems
Colombia has published a draft carbon markets decree addressing technical and safeguarding concerns with tools that don’t yet exist, also imposing new responsibilities on domestic and international entities, but leaving key implementation questions open.
Read MoreVoluntary carbon registry lists first Paris Agreement-aligned activity
A voluntary carbon registry has listed its first Paris Agreement-aligned project, a clean cooking initiative in Senegal that is set to expand to cover several different programmes in the coming years, it was announced on Thursday.
Read MoreEU carbon farming rules face backlash as biodiversity safeguards watered down
The European Commission is facing mounting criticism over its forthcoming rulebook for certifying carbon farming activities, with campaigners warning that the framework risks undermining environmental integrity just as the EU seeks to expand carbon removals alongside its emissions trading and carbon border policies.
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