The European Commission’s EU ETS Compliance Forum Training, held on October 11 and 17, 2024, introduced significant updates to the EU Emissions Trading System (EU ETS) for the forthcoming year. These training events aimed to inform competent authorities, accreditation bodies, and verifiers about new Monitoring, Reporting, and Verification (MRV) rules […]
The European Commission has released an updated list of competent authorities across member states responsible for enforcing Regulation (EU) 2023/2405, commonly known as ReFuelEU Aviation. This regulation, aimed at promoting sustainable air transport, mandates compliance in areas such as sustainable aviation fuel (SAF) usage, emissions monitoring, and airport operations. The
The EU and Switzerland have been pioneers in leveraging market-based mechanisms to combat climate change. Their linking of Emissions Trading Systems (ETS) stands as a testament to the power of cooperation in reducing greenhouse gas emissions. As 2025 approaches, the agreed arrangements for transferring allowances between the two systems reaffirm
EU-Switzerland Emissions Trading Link: Advancing Collaboration for Climate Action Read More
The International Civil Aviation Organization (ICAO) Council has approved amendments to three pivotal documents under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). These include updates to the “CORSIA Methodology for Calculating Actual Life Cycle Emissions Values,” now in its fifth edition, introducing new sustainability certification schemes and
The ICAO Council has approved significant updates to the CORSIA Default Life Cycle Emissions Values for CORSIA Eligible Fuels, refining the sustainability framework for aviation. These amendments are pivotal for ensuring compliance with Annex 16, Volume IV, of ICAO’s environmental protection standards. Key Updates: Implications:These updates reflect ICAO’s commitment to
The ICAO Council has approved updates to three critical documents underpinning the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), strengthening the framework for eligible fuels. Notable changes include the addition of a new Sustainability Certification Scheme and new CORSIA-approved feedstocks. Key Updates: Purpose: These certifications ensure compliance with
