Carbon Pulse

The Kariba REDD+ project, ranked as the world's second-largest in the voluntary carbon market, has reportedly suspended operations due to uncertainty following a Zimbabwean government directive that developers must relinquish more than half their revenue.

The EU’s newly-proposed STEP funding platform for clean and digital technology will not meet the needs of the bloc’s industry amid increased competition from the US and China, lawmakers from across the political spectrum told a European Parliament hearing on Wednesday. 

The winners of a UN-sponsored clean cooking innovation challenge have been announced, with four “promising” solutions selected to help ease developer access to finance and streamline carbon credit issuances.

The push for higher-quality carbon credit methodologies is driving increasing convergence between compliance, voluntary, and Article 6 markets that is creating bigger demand and greater opportunities for investors, a conference heard Wednesday.

Leveraging Netflix’s innovative and fast paced culture, help Netflix attain its public climate targets to cut our emissions in half by 2030 and (as of 2022), to annually bring our remaining net carbon footprint to zero by investing in the power of nature to capture carbon.

A voluntary carbon market standard has approved a methodology co-developed by one of the world's biggest food trading companies that will enable beef producers to measure methane emissions reductions from altering the diet of cattle and receive credits for the resulting mitigation. 

European carbon prices were little changed at midday Wednesday, after a strong opening in line with the previous day's closing price faded amid a sell-off in energy markets, while weekly positions data showed little overall change.

Africa's first direct air capture (DAC) and storage facility will begin operations in 2024 at an annual scale of 1,000 tonnes, with the developers partnering with a voluntary carbon removals certifier and platform to generate commercial credits in the same year, the companies involved announced Wednesday.

Trade in EUA futures on Germany's EEX platform plunged by 59% in the first half of the year even as the volume of business in power surged by 12% and gas grew by 20% overall, the bourse reported on Wednesday.

An Australian biochar industry could be worth A$1-5 billion by 2030, however a dedicated method to earn Australian Carbon Credit Units (ACCUs) from the practice is at least two years away, a conference heard Wednesday.

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

A global group of securities regulators has published a final report summarising responses to a recent consultation, supporting the establishment and enhancement of compliance carbon markets across its member jurisdictions.

Global non-profit The Nature Conservancy (TNC) has opened offices in Singapore with plans to hire at least 20 staff members in order to roll out nature-based projects and activities across the Asia-Pacific region to address climate change and biodiversity loss.

A US-based start-up working with Indigenous small farmers in the Amazon on conservation initiatives has begun pre-sales of its fair trade biodiversity credits, while expecting its indicator species biodiversity methodology to earn its first market standard certification by October.

The alternative investment arm of a French insurance firm is committing $49 million to Amazon rainforest reforestation projects that aim to restore Brazilian lands degraded from agriculture.

The EU will need a proper strategy to reach increasingly ambitious climate targets in the decade after this, according to members of the European Parliament's environment committee (ENVI) in a preliminary exchange about setting the bloc's 2040 emissions goal on the road to reaching net zero by mid-century.  

Green groups have criticised Serbia’s draft national energy and climate plan (NECP) for not planning for carbon neutrality for 2050 and putting forward a less ambitious renewable energy goal than in previous publicly announced commitments.

A startup investment company is planning a rapid expansion into the soil carbon market after striking a partnership with an advisory firm with the aim of generating 250,000 carbon credits by the end of the year from 100,000 hectares of agricultural land.

Gold Standard is recruiting for a Project Officer to support the implementation of capacity-building initiatives and projects, beginning with our support for the Pacific Alliance. 

Gold Standard is recruiting for a Senior Manager, Capacity Development to lead and oversee programmes and initiatives implemented by Gold Standard to develop capacity amongst governments, private actors and other entities to operate in and benefit from carbon markets and other sources of sustainable finance, as well as to promote the accessibility and integrity of these mechanisms.