AlliedOffsets

Our brand new collaborative CORSIA report is finally here! 🌟 In this report we take a deep dive into the availability of credits for the different #CORSIA phases and we look at how that compares to the demand trends in the market. In addition to assessing the state of the market, this report also includes recommendations from IETA and International Air Transport Association (IATA) on improving the scheme. Download your copy here! https://lnkd.in/e9RiN3e4

AlliedOffsets Forecasting Model Initial Results 📊 AlliedOffsets has developed a forecasting model that allows stakeholders to prognosticate the impact of a range of scenarios on the supply, demand, and prices of credits in the years to come. In the report, we review different scenarios: 1️⃣ One scenario presents a fairly pessimistic view of the market 2️⃣ Another presents a much more optimistic one 3️⃣ We also present a 'most likely scenario' These scenarios are meant to illustrate how the model performs under different inputs and the insights that can be drawn from the results. Download the full report here to explore our model's insights: https://lnkd.in/eCqPnTpm

The CORSIA scheme is designed in three phases, the Pilot phase, the First phase, and the Second phase. 2024 marks the beginning of the First phase, for which airlines will be required to retire CORSIA Eligible Emission Units (EEUs) against their offsetting requirements, if they operate flights between ICAO Participating States. Airline operators have until January 2028 to purchase the necessary EEUs to meet their First phase requirements. Download the full report to learn more about our latest collaborative #CORSIA research with IETA ➡ https://lnkd.in/eEwnBf_r

In the latest edition of our CDR classroom series, we examine a recent paper on measuring the amount of CO2 captured by ERW companies 🎋 This is an increasingly important topic, as CDR methods are beginning to move out of the lab into the field. Being able to measure the projects’ climate impact is crucial, as it not only allows stakeholders to have a clear understanding of the project’s environmental benefit, but it also helps to engender trust in the carbon markets more broadly. The paper, authored by researchers from InPlanet, RMI, Yale University, and Heriot-Watt University, provides an overview of the various methods that are being used to measure the amount of carbon dioxide during the #ERW process. The paper, edited by Wil Burns of American University, is titled “A review of measurement for quantification of carbon dioxide removal by enhanced weathering in soil”, and it was published on June 19th in Frontiers in Climate ( 🔗 link to the paper in the comments below) Our previous blog on the topic of in-situ and ex-situ mineralization can be found here: https://lnkd.in/gm3ehE4S Read our latest overview below to get a comprehensive overview of some of the key topics discussed in the paper 📰

We are excited to support new ventures in the Voluntary Carbon Market (#VCM), especially when they leverage our data 🌿 Our friend, Christian Nolle, has developed a unique dataset that tracks the CO2 emissions of private jet travel based on routes, engine types, and more. He is cross-referencing this data with verified retirement accounts from the 13,000 accounts in the AlliedOffsets database to determine which private jet users are offsetting their emissions and the quality of the credits they are using, as assessed by our multiple quality measures. This project provides fascinating insights, such as whether high-profile individuals like Taylor Swift are using quality offsets for their tours 👀 Christian is currently seeking a business development professional to help advance this project. Please refer to the attached write-up for more details. If you are interested, reach out to Christian directly!

Evaluating Nature-Based Carbon Projects for Ecological Integrity 🌳 Building on our previous research into the biodiversity benefits of nature-based carbon projects, we are thrilled to introduce a new data layer: ecological integrity. Through the Biodiversity Intactness Index, we can now assess the real-world impacts of these projects with greater precision. This enhancement allows us to reveal the conservation and restoration potential of nature-based carbon initiatives and track their biodiversity impacts over time. It's a significant advancement in our ongoing biodiversity efforts 📑 Our new data layer is now live on our dashboard and will soon be integrated into the upcoming biodiversity score we’re launching later this summer. We welcome any questions or feedback! For more information, see our new biodiversity blog: https://lnkd.in/eyj-VaSx

Overview of Article 6 Credits under the Paris Agreement 🍃 In our latest policy newsletter we explore the current and forecasted supply of unilaterally authorised projects generating ITMOs (Internationally Transferred Mitigation Outcomes) tradable sovereign carbon units under Article 6. If you haven’t had the opportunity to read it yet, here is a summary 📖

We're excited to share our latest blog where we dive into the intersection of biodiversity and nature-based carbon projects 🐯 🌳 Beyond assessing project overlaps with protected areas and evaluating their ‘biodiversity attention’, we've been exploring ways to capture the biodiversity value these projects can offer. Despite some unreliability in carbon outcomes, nature-based projects can provide critical funding for protecting biodiversity hotspots and restoring disturbed ecosystems. This highlights the importance of considering biodiversity as a valuable co-benefit in these initiatives. In our search to find a reliable biodiversity value, we've embraced the concept of ‘ecological integrity’. This approach helps us generate preliminary insights into the potential and practical impacts of nature-based carbon projects. Read the full blog to learn more about our findings: https://lnkd.in/eyj-VaSx

Our Tradable20 Index price has increased by over 12% since last week - the biggest increase in the last few months! Yet, the AO500 has slightly declined since last week, now standing at $4.10 compared the the Tradable20 at $3.68. Learn more about the Tradable20 and the AO500 index here: https://lnkd.in/dkVAfY57

Last week, Tiffany Cheung and Antonia Drummond from our team visited the inaugural on-site event hosted by Nature Broking at Bank Farm in Kent, owned by Doug Wanstall of the UK Carbon Code of Conduct (UKCCC), in association with Beyond Zero. Doug showed us their small garden, where they trial some regenerative agriculture techniques before scaling them up. During the day, Luke Baldwin, co-founder of Nature Broking, also shared some interesting facts about the history of farming practices within a circular system and the vital need for carbon finance to support farmers when transitioning their farms to net zero and then carbon negative. All in all, it was a great day out, and we can’t wait to attend more site visits in the future!