Carbon Pulse

The Scottish government has set out exploratory plans for how it will create a flow of investable natural capital initiatives, including biodiversity credits.

An invesment management firm has launched a new energy transition exchange-traded fund (ETF) tracking several compliance carbon markets.

European carbon allowance prices retreated on Wednesday morning as gas prices weakened after four days of gains with the benchmark EUA contract giving up a big chunk of Tuesday's steep rally, while an inconclusive set of Commitment of Traders data saw some question the conviction of speculative traders in the bearish trend.

A direct air capture (DAC) company is expanding its remit to enable clients to purchase a range of different voluntary carbon removal credits, including from nature-based projects, as part of a portfolio service designed to complement its technology development provision. 

Corporations are still paying a premium for higher rated nature-based carbon credits, according to research by a rating agency ahead of the emergence of the first credits earning the ICVCM’s Core Carbon Principle (CCP) stamp of high integrity.

Carbon capture and storage has been passed by for better technologies to decarbonise the steel sector, according to analysis released this week.

A major scale-up in investment and policy support is required for Northwest Europe to meet its hydrogen targets, the International Energy Agency (IEA) said in a report published on Wednesday. 

South Korea has cancelled this month's carbon allowance auction, as demand in the national carbon market remains weak amid a persisting glut of allowances.

Australian biodiversity credit developer Wilderlands has just passed 100,000 units sold, each of which protects one square metre of land, but wants to increase that ten-fold within the next year.

A recent entrant to the carbon insurance market is looking to meet demand from potentially “very big investments” in projects that would meaningfully move the market, but may need to corral capital from fellow insurers to support it.

Temasek subsidiary GenZero and project developer South Pole on Wednesday launched the Asia Centre of Carbon Excellence (ACCE) to focus on what they called “novel” carbon solutions to improve Singapore’s carbon trading, policy, and project development, as well as the energy transition.

One of Japan's biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.

The Malaysian state of Sabah will soon trade the first tranche of verified carbon units (VCUs) for its forestry project registered under Verra as it has met international standards.

Uncertainty looms over coastal and marine habitat conservation, as the emerging biodiversity credit markets are not yet consistent enough to drive adequate investments in ecosystem protection efforts, a NatureMetrics executive said Tuesday.

Monthly data from Indonesia’s carbon exchange saw March traded volumes rise slightly higher, but the market still remains largely dormant.

Many non-EU countries lack resources to produce the biodiversity indicators required under the Kunming-Montreal Global Biodiversity Framework (GBF), a survey by the UN Environment Programme (UNEP) has shown.

One of the largest industrial ports in South Korea has teamed up with a California-based environmental organisation to drive down emissions in the international shipping sector.

Singapore and Australia plan a A$20 million ($12.85 mln) spend via the the Australia-Singapore Initiative on Low Emissions Technologies (ASLET) for maritime and port operations, the two said Wednesday.

Analysts have once again cut their outlook for EU carbon prices, slashing their near-term forecasts by 10-15% on a mix of weak demand and ample supply.

Annual demand for high quality carbon credits under the Science-based Target initiative’s (SBTi) proposed new Scope 3 emissions offsetting rules could reach 5.9 billion tonnes, according to analysts, despite the significant uncertainty caused by the backlash in the wake of the announced changes.