Switzerland signs second carbon offset deal with Ghana
Switzerland has agreed a bilateral deal with Ghana to purchase carbon offsets under the Paris Agreement’s Article 6, in the second such agreement announced by the European nation in as many months.
View ArticleTwo CORSIA programmes approved as first REDD standards in a compliance carbon...
UN body ICAO's Council this week fully approved a new jurisdictional REDD programme to supply carbon credits under the pilot phase of the CORSIA global aviation offset scheme, that alongside an update...
View ArticleUS company launches personal carbon offset service from $10/tonne
A Colorado-based company announced a new service this week for consumers to buy voluntary carbon credits to offset their own emissions or those of others, with the initial product offerings coming from...
View ArticleAverna acquisition of ClimateCare puts offset firm on “professional...
The recent acquisition by private equity firm Averna Capital of a majority stake in ClimateCare will help prepare the low-carbon project developer for massive growth in the global offset market, the...
View ArticleIATA launches aviation carbon credit exchange, announces first trade
Aircraft operators’ association IATA on Wednesday launched its Aviation Carbon Exchange (ACE) to facilitate trade in both CORSIA-eligible and voluntary offsets, also announcing the inaugural...
View ArticleResearchers urge removal of older offsets, legacy projects to save global...
Call it the ‘first-mover disadvantage’. Researchers are urging for carbon credits generated from historical emissions reductions, as well as the older projects that created them, to all be purged in a...
View ArticleClimate Ambition Summit: World leaders strengthen pledges, celebrate Paris...
Over 70 world leaders addressed the Climate Ambition Summit on Saturday, a one-day virtual forum aimed at building momentum for raising national pledges to the 2015 UN Paris Agreement ahead of the pact...
View ArticleIndonesia, Costa Rica sign World Bank REDD deals as remaining deadlines extended
Indonesia and Costa Rica last week inked agreements with the World Bank Forest Carbon Partnership Facility (FCPF) to reduce deforestation-related emissions, while the other tropical forest nations with...
View ArticleS&P Global Platts to launch CORSIA offset price assessment
Commodity price reporting agency S&P Global Platts on Wednesday announced it will begin assessing prices for carbon credits approved for use in ICAO’s global aviation offset system CORSIA, as...
View ArticleBRIEFING: International emissions trading pilots see fourfold funding gain...
Governments have committed $1.37 billion towards international emissions trading pilot programmes to help meet Paris Agreement goals, according to a report that charts a fourfold rise in finance inside...
View ArticleANALYSIS: Climate ambition gap following Paris NDC deadline leaves task to...
Most countries have missed a year-end deadline to update and enhance their GHG reduction commitments as the Paris Agreement took effect on Jan. 1, putting more focus on the need for greater climate...
View ArticleNature summit musters more than $14 bln for land restoration
Governments and development banks have pledged more than $14 billion over the next four years to restore 100 million hectares of land in northern Africa, an effort that would store an estimated 250...
View ArticleCOMMENT: WWF ‘Blueprint for Corporate Action on Climate & Nature’– Key...
In Dec. 2020, WWF published a 'Blueprint for Corporate Action on Climate and Nature', setting out a vision for how companies should follow the mitigation hierarchy to address the climate emergency,...
View ArticleGlobal energy-related emissions to peak in 2023, but pathway “too slow” to...
Emissions from global energy systems will peak in 2023, but the speed of decarbonisation remains off pace to put GHG output on a path in line with a temperature rise of 1.5C above pre-industrial...
View ArticleGulf-based carbon standard targets issuance of 10 mln offsets in 2021
The first carbon credit standard in the Middle East aims to issue 10 million offsets this year from carbon-cutting projects, including units that other standards won’t touch.
View ArticleUAE’s Etihad Airways boosts carbon offset programme
UAE-owned Etihad Airways is expanding its offset purchasing programme beyond a single African project after striking a deal with oil major Shell.
View ArticleEU foreign ministers tout carbon markets in new climate diplomacy push
EU foreign ministers on Monday adopted a new climate diplomacy agenda for the 27-nation bloc that acknowledged the role of national and international carbon markets.
View ArticleNatural climate solutions can provide 7 bln tonnes of CO2 abatement by 2030...
Investing in conservation and land management programmes can sequester nearly one-third of the carbon necessary to keep temperatures in line with the Paris Agreement’s 1.5C target, with carbon markets...
View Article*NEW* – VCM Report: Offset prices inch down after bullish start to 2021
Offset prices in the voluntary carbon market (VCM) receded last week despite a positive outlook going forward after new US President Joe Biden (D) issued several climate-related executive orders.
View ArticleExchange operator CME to launch CORSIA-aligned carbon offset futures contract
US-based exchange operator CME Group has partnered with commodities trading and data firm Xpansiv and will launch a futures contract for offsets eligible under the CORSIA international aviation carbon...
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