ICE to launch CORSIA carbon credit futures market to manage emissions

Intercontinental Exchange, a leading global provider of data, technology, and market infrastructure, plans to launch a physically delivered futures contract for carbon credits which the International Civil Aviation Organisation (ICAO) considers eligible for use by the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). CORSIA is the first global market-based carbon credit scheme, targeted […]

Cyprus shapes up Europe’s first hydrogen valley

A consortium comprising 27 companies from various countries, including Greece, the Netherlands, Lebanon, and Roumania, is embarking on a groundbreaking endeavour to establish Europe’s inaugural “Hydrogen Valley.” This ambitious project is poised to transform the region’s energy landscape, with a strong emphasis on the production of green hydrogen. Green hydrogen, produced using renewable energy sources, […]

Greenwashing concerns emerge in global carbon offset projects

Researchers have uncovered alarming greenwashing practises within carbon offset projects, with approximately a quarter of these initiatives susceptible to false claims. A recent study led by UC Berkeley Carbon Trading Project, supported by Carbo Market Watch, investigated rainforest carbon credits certified by Verra, a leading non-profit organisation responsible for environmental and social standards, including prominent […]