Carbon Pulse

Shipping companies may try to avoid paying carbon costs for their routes by engaging in ship-to-ship transfer of their liquid cargo at sea, a maritime industry expert told an audience at the Carbon Forward conference on Thursday.

The Johannesburg Stock Exchange (JSE) has teamed up with infrastructure provider Xpansiv to allow local participants to buy or sell carbon credits and renewable energy certificates held in either local or global registries.

The second funding round organised by the Modern Cooking Facility for Africa (MCFA) initiative will open at the end of November with €16 million up for grabs, designed to provide finance to scale clean cooking solutions across seven African countries.

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

The World Economic Forum (WEF) is putting together a buyers club for biodiversity credits to be launched early next year with several major companies already signed up ahead of what is planned to be a pilot auction to be held at an undecided date next year.

More than 60% of EU companies say they have experienced losses due to climate change, an increase on last year, but only around half of those firms are taking action to build climate resilience amid increasingly stringent financial conditions across the region, according to a report released Thursday.

European carbon prices were modestly higher in thin trading on Thursday morning as energy prices resumed their upward march with natural gas rising to a seven-month high and triggering short covering that briefly took EUAs above a key level.

A wide disparity between some carbon credit prices and measures of their quality has been revealed after a rating agency teamed up with a marketplace platform.

Concrete is one of the world’s most emissions intensive industries with few ways to quickly and easily decarbonise, but an Australian junior has partnered with the UK’s largest cement maker with a new technology that could cut them by 15%.

Biochar has the potential to remove up to 3 billion tonnes of CO2e per year, about 6% of global greenhouse gas emissions, and can accelerate global decarbonisation, according to a report published this week.

A renewable energy investment outfit is already achieving biodiversity net gain as a result of the UK’s compliance scheme, but they want a similar process across the European continent, according to the company's chief investment officer.

The Australian government has brought forward consultation on its overhaul of the country’s environmental laws, which observers hope will create vast improvements on the way climate and biodiversity issues are handled.

New Zealand’s centre-right National party is all but certain to win this weekend’s election, which will likely provide short-term stability to the country’s emissions trading scheme, but higher emissions in the long term as it looks to wind back key climate policies.

The cost of producing green hydrogen has been a focus since the clean energy source began gaining popularity at the end of the last decade, but actual pricing for sale is less clear.

The Prince Albert II of Monaco Foundation (FPA2) and impact fund Una Terra Venture Capital Fund have formed a comprehensive partnership that will focus on climate change mitigation, biodiversity restoration, and ocean conservation, they announced.

The Australian Securities Exchange (ASX) is looking to launch a futures contract for Australian Carbon Credits Units (ACCUs) by 2025, in time for the first surrender period for facilities covered under the Safeguard Mechanism, multiple sources have told Carbon Pulse.

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

Amsterdam-headquartered environmental commodities trading firm STX Group on Wednesday announced its first foray into the asset management industry with the launch of a global carbon fund that seeks to “catch the potential upside” of emissions trading schemes outside of Europe.

An Australia-based fintech firm has formed a partnership with a global exchange operator to offer its carbon credit pricing data to subscribers on its platform, the companies announced Thursday.

A campaign to encourage businesses and financial institutions worldwide to submit nature-related strategies has been announced by Business for Nature.