Carbon Pulse

Two California bills that sought to require fossil fuel companies to pay for climate-related damages were withdrawn from scheduled committee hearings this week, halting their progress in the state’s legislature.

The Bahamas and a US-based financial services firm are collaborating on a securitised sovereign blue carbon product based on a sectoral GHG mitigation pledge, which can then be ‘unwrapped’ to claim authorised Paris Agreement Article 6.2 ITMO credits, according to the company’s CEO.

Protected areas and indigenous territories contain 60% of the Amazon’s total aboveground biomass and have remained carbon sinks over the past 10 years, according to a new report by the Monitoring of the Andes Amazon Programme (MAAP).

Canada's Pacific province, known for its expansive forests and coastline, is set to miss its emissions reductions targets.

A Vancouver-based carbon project developer announced Wednesday that its net losses more than doubled in fiscal year 2024, a period which the company’s CEO described as a “necessary reset”.

One of the world’s largest business organisations has thrown its weight behind the VCMI’s new Scope 3 Action Code of Practice after warning the cost of inaction on climate change is now staggering.

Denmark is on course to reduce its emissions 72% by 2030 compared to 1990 levels, surpassing the country's 70% target with a surplus margin of around 1.6 million tonnes of CO2 equivalent, according to new official data published on Wednesday.

A carbon market intelligence provider has announced its expansion into Singapore on Wednesday.

A Salesforce executive has urged more companies to set net zero targets and engage with carbon markets during a panel session at a conference in London on Wednesday, where he also announced the company’s new science-based emissions reduction goals.

The UK government is moving cautiously to bridge the divide between the compliance and voluntary carbon markets, without rocking the stability of its Emissions Trading Scheme (ETS), an official said on Wednesday.

Colombia remains committed to engaging Paris Agreement carbon markets, but the process will be systematic and unhurried, external consultants working with the government told Carbon Pulse on the sidelines of the Colombia Carbon Forum in Bogota on Thursday.

Putting some of the proceeds from the EU's incoming Emissions Trading System for road and heating fuels (ETS2) towards direct payments to citizens may be essential to making the scheme fair and politically viable, according to a group of environmental NGOs.

ArcelorMittal will review its investment priorities in Europe once the EU lays out more of its policy and implementation plans, as the steel giant warned of overall trade disruptions caused by tariffs.

More than 60 countries and organisations announced new commitments to sustainable ocean action at the Our Ocean Conference (OOC) in South Korea this week, pledging a total of $9.1 billion.

A non-profit has warned that the design of the EU ETS2, the bloc's new carbon market for transport and heating fuels, could hand the far-right its biggest present yet and have significant negative consequences.

A partnership unveiled Wednesday seeks to provide a solution to stubble burning and agricultural waste in India with the launch of a biochar-based carbon credit platform.

In order to protect the integrity of forest carbon finance, researchers have called for a standardisation of methodologies across both UNFCCC and voluntary crediting programmes.

RWE posted a 1.6% increase in power generation covered by the EU ETS in the first quarter of the year compared to the same period in 2024, it said in preliminary figures published on Wednesday.

Only three out of 10 ocean-based carbon removal (CDR) methods could each offset 10 million tonnes of CO2 annually within German waters, a new study has found.

The financial sector must change how it engages with Indigenous Peoples, while negotiating nature-related financing in areas including biodiversity credits, UN Environment Programme Finance Initiative (UNEP FI) said in a recent report.