Carbon Pulse

The European Commission is set to introduce EU ETS allowance transaction limits as part of security measures for the market's Union Registry, with a regulation due to enter into force on Sunday that includes a provision to charge a new fee for registry access.

Some 13% of approximately 1,000 banks covered by ISS ESG’s data service are linked to biodiversity controversies, according to an executive at the company.

A group of REDD project developers and experts are backing a new standard body that will provide an alternative to Verra’s proposed consolidated methodology for avoided deforestation, a well-placed source has told Carbon Pulse.

A group of UN finance organisations have launched voluntary principles to guide market participants for bond instruments in an effort to increase biodiversity and climate-focused investment in marine projects.

A coalition comprising some of the largest environmental organisations and business groups has banded together to define the term 'nature positive', in a bid to clear up its meaning for stakeholders in nature and biodiversity.

Two German carmakers and a large e-fuels firm announced at a summit in Munich that they will develop a direct air capture facility to be installed in Chile in 2024.

A large energy and chemicals firm based in South Africa has partnered with a voluntary carbon project developer, the firms announced in a release Wednesday, which will see historically one of the largest corporate buyers of credits secure fresh supply.

European carbon continued to trade in a narrow range, moving slightly higher over the morning as the market took account of the two-day pause in daily auctions while positioning data showed that speculative traders had increased their net short holdings.

The Integrated Biodiversity Assessment Tool (IBAT) Alliance has partnered with impact data and analytics provider GIST Impact to help investors access its information.

Conservation International and the Peace Parks Foundation have committed $150 million to a new initiative during Africa Climate Week that aims to boost biodiversity and climate resilience through climate-smart grazing practices.

A major oil trading company and a US-based software firm on Wednesday launched a platform helping clients to calculate supply chain carbon emissions in the energy sector.

The former heads of state of Colombia, Ethiopia, and Uganda have this week urged global leaders to ensure that the nature finance commitment made at the UN biodiversity COP15 summit to deliver at least $20 billion per year to developing countries by 2025 is kept to.

A Tokyo-based climate startup is planning to kick off a methane reduction project in Vietnam next year through collaboration with a local partner, based on a rice cultivation methodology that has started to gain popularity among Japanese developers.

As the the inaugural Africa Climate Summit in Nairobi continues this week many countries and companies have announced pledges and partnerships with African stakeholders as they look to close the climate finance gap in the region and aid the continent's efforts to establish itself as a green energy and carbon markets hub.

There are systemic flaws pertaining to nature-based offset projects in the voluntary carbon market (VCM), a European environmental advocacy group outlined in a report on Wednesday, while offering several recommendations to ensure and improve climate integrity in the sector going forward.

The Clean Energy Regulator has issued almost 1.4 million Australian Carbon Credit Units (ACCUs) for a second consecutive week as one developer received more than 500,000, while the spot price for generic units has crept below A$29.

Shenzhen, a major city in southern China, is set to auction off the country's first batch of mangrove-based offsets verified under a local scheme in late September amid growing domestic interest in blue carbon.

Australia has put ANU professor Frank Jotzo in charge of a federal review into ‘carbon leakage’ with a view to furthering a carbon border adjustment mechanism that would add a tax to imports of steel and cement.

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

New Zealand’s quarterly carbon auction failed for a third straight time on Wednesday, as the sale again did not clear above the government’s confidential minimum price.