Carbon Pulse

A Europe-based developer of biochar-based carbon removal parks sees strong demand from regional-focused buyers prepared to pay well into triple digits for its carbon credits, having sold out of its initial offering for the first two projects it has operating so far.

A Germany-based startup company has raised €1.7 million in early stage funding, hoping to capitalise on a growing list of voluntary and mandatory requirements for corporates to address biodiversity loss and impact.

The UAE hosts of the upcoming UN climate summit have signalled a desire to secure more so-called Just Energy Transition Partnerships (JETPs) at the Dubai event, also outlining in writing several of the previously-stated core aims for the event, such as renewable energy expansion, the phasing down of unabated coal power, and the importance of scaling carbon markets.

European carbon prices were little changed at midday after moving in a relatively narrow range during the morning, with sources expressing surprise that levels had not declined further after position data showed investment funds had more than halved their net short position last week.

A large insurance marketplace has granted ‘in principle’ approval to a carbon insurance company to commence underwriting of carbon credit risk from Jan. 1, 2024.

Growth in China’s thermal power generation accelerated in September, though slower than the growth of total power output, which was supported by a sharp increase in hydropower production, government data showed Wednesday.

China has released guidelines on emissions reporting requirements for several carbon intensive sectors for the 2023-25 period, seen as laying the foundation for the domestic carbon market to expand the scope of covered industries in the coming years.

Existing rules around environmental planting carbon projects can make them unsuitable to achieve biodiversity outcomes, a project developer told a conference in Canberra.

Clear definitions around baselines in biodiversity standards are essential to be able to successfully measure outcomes and avoid nature decline, especially regarding offsets, an expert told a conference in Canberra Wednesday.

One of Japan's largest banks has agreed to work with a domestic investor to foster sustainability-related business collaborations, including the creation of carbon credits under the country's bilateral Joint Crediting Mechanism (JCM).

The Manager, Carbon Markets, will support the Head of Carbon Markets to design and implement the Group’s carbon offset strategy as it works towards its 2030 interim targets and 2050 net zero target.

A record number of firms have reported their progress on tackling climate change in 2023, with the US, China, Japan, the UK, and Germany leading the way as home to the highest number of disclosing companies, annual data published by a non-profit organisation revealed.

A daily summary of our news plus bite-sized updates from around the world.

Regulators must act now to stop repeat offenders from greenwashing and engaging in corrupt climate practices, according to a report published Wednesday by researchers, as they warn that a lack of integrity, including in voluntary carbon markets, is threatening progress on halting global warming.

A group of organisations on Wednesday published the Nature Markets Principles, which contain a number of supply and demand-side principles for buyers and sellers of nature-oriented markets in the UK, with the intention to combat corporate greenwashing and support high-integrity, science-based activities in lieu of relevant policy and regulation.

GHG emissions in Quebec during 2022 exceeded the province's cap-and-trade programme limits for the fifth consecutive year, according to government data published Tuesday.

Carbon credits standard body Verra announced Tuesday that it will initiate an investigation into the Kariba REDD+ project and put it on hold following the publication of another investigative article that details new accusations of trophy hunting and financial malpractice in connection with the Zimbabwean project.

The Managing Director will collaborate closely with Sunstone’s visionary Principal and Founder and will lead and manage campaigns on behalf of diverse coalitions and stakeholders to advance climate policy, taking a role at the forefront of the climate movement.

California regulator ARB’s branch chief responsible for overseeing the Low Carbon Fuel Standard (LCFS) has departed the agency just weeks before the commencement of a major rulemaking process to amend the transportation sector climate programme.

The Council of the EU 27 energy ministers reached an agreement on Tuesday on a proposal to amend the bloc's electricity market design, allowing the start of negotiations with co-legislators in the Parliament on Thursday.