Archive

European Parliament approves 'world first' carbon removal certificate

The European Parliament has formally approved a certification framework for carbon removal projects, but carbon market participants have warned this does not go far enough.

Carbon markets waiting on details before using Integrity Council principles, says IETA

Carbon market participants are waiting for more detail from the Integrity Council before they apply its core carbon principles, the International Emissions Trading Association has said.

Global carbon credit registry integration project launched

The International Emissions Trading Association (IETA), World Bank and Singapore have launched a open-source project to improve interoperability of global carbon credit registries.

China carbon market makes 'smooth start,' but must be more robust

The China emissions trading system (ETS) made a "smooth start" in its first compliance period, but enhancements are needed to make it "more robust" in the future.

ESMA recommends EU tightens carbon market monitoring

European Securities and Markets Authority (ESMA) has recommended that the EU improve transparency and tighten monitoring of the EU Emissions Trading System (ETS) in order to "maintain orderly markets".

Carbon prices expected to rise, amid Covid-19 recovery and climate ambition catalysts

Market participants are increasingly confident that carbon prices across all major global emissions trading systems (ETSs)...

UK, EU urged to link carbon markets ahead of COP26

The UK and EU have been urged to start the process of linking their respective carbon emissions trading systems (ETS) ahead of the COP26 meeting in November.

UK commits to emissions trading scheme over carbon tax

The UK government has opted to launch its own emissions trading scheme (ETS) next month, instead of a carbon tax, and has said it will be more ambitious than the EU-run scheme it will replace.

ESG news round-up: BMO secures engagement mandate, NextEnergy makes maiden Portuguese investment, IETA urges UK ETS and more

Covid-19 poses 'most severe test yet for carbon markets' - IETA

The Covid-19 pandemic "represents the most severe test of the world's carbon markets to date, going far beyond the scope of the 2008 global financial crisis," said Dirk Forrister, president and CEO of the International Emissions Trading Association (IETA).