Taking off: The CA100+ aviation sector strategy
Climate Action 100+ has released its aviation sector strategy, setting out recommended investor expectations for airlines and aerospace companies. Marshall Geck, Rhoda Byrne and Dr Rory Sullivan explain.
ICAO votes to lower baseline on airline carbon reduction scheme
States in the UN-based International Civil Aviation Organisation (ICAO) have voted to lower the carbon emissions baseline of airline credits trading scheme Corsia, in response to the coronavirus pandemic.
Airlines mull change in offset scheme following Covid-19
A scheme to offset the emissions of much of the aviation sector is set to change its rules to mitigate the impact of the coronavirus pandemic, sparking fears that the sector's demand for offsets may be much lower than previously expected.
Channelling capital into forest conservation
A significant increase in the level of private finance being channelled into forest conservation is required in order to meet the aims of the Paris Agreement, a roundtable organised by Environmental Finance and Finance for Forests heard. Michael Hurley reports
EU carbon update, 02 July 2018
In the absence of a sell-off trigger, the direction of EU Allowances (EUAs) this week is likely to be determined largely by moves in the wider energy complex, says
China and US ratification 'could see climate deal start this year'
China and the US have ratified the Paris climate deal, raising the possibility that it could come into force as soon as this year.
EF BRIEFS: Floreat Group, Orix, ICAO, Marguerite Fund, Dong, Endurance
London-based private investment firm Floreat Group has made its first move into the renewables sector, investing $50 million in UK biomass via a newly-created energy firm.
Commission calls for EU ETS to include all flights in EU airspace until 2020
The EU's climate commissioner has fought back on the regulation of international aviation emissions by proposing that the share of all flights taking place in European airspace should be covered by the EU's carbon market.
ICAO agrees aviation emissions plan for 2020 but 'handicaps EU efforts'
The International Civil Aviation Organization (ICAO) has agreed to introduce a global market-based mechanism to reduce greenhouse gas emissions beginning in 2020, but has been slammed for restricting regional efforts to do the same.
Airlines up the pressure on governments over emissions
A body representing the majority of global airlines has thrown its weight behind calls for a market-based mechanism to control the sector's emissions, boosting hopes that governments will also back such a move.