Feed aggregator

Carbon border adjustment mechanisms (CBAMs) are expected to continue to grow across the globe and play a prominent role in trade relations in the coming years, experts said at the CERAWeek conference.

Total greenhouse gas emissions in Germany dropped again in 2024, putting the country roughly on track for 2030, but continued high transport and heating emissions are putting the country's 2045 climate neutrality target in jeopardy, the German Environment Agency (UBA) reported on Friday.

Countries with greater involvement in UN-backed REDD+ carbon projects are more likely to see lower rates of primary forest loss, new data analysis from Carbon Pulse suggests.

The European Union’s land carbon sink has been in rapid decline, jeopardising the bloc's climate targets for 2030 and beyond, finds a new report by the Institute for European Environmental Policy (IEEP).

The EU’s upcoming label for low-carbon cement, announced last month, has prompted contrasting reactions from industry players and environmental groups who shared their views and expectations with Carbon Pulse.

An Italian air carrier announced Thursday it has signed a two-year agreement with a Google-backed direct air capture (DAC) startup to explore carbon credits projects.

Germany will earmark €100 billion of a new €500 bln infrastructure fund for climate action, in exchange for support from the Greens to push the fund and a historic reform of the country’s debt brake through the Bundestag.

WWF has called on the EU to boost the LIFE programme to ensure adequate funding flows towards biodiversity conservation and restoration efforts under the bloc's next long-term budget.

The first RGGI cap-and-trade auction of 2025 settled in line with RGGI Allowances (RGAs) in the secondary market the day before the sale, and below $20 as many market participants had expected, with Cost Containment Reserve (CCR) volumes cleared out.

The European Commission’s push for regulatory simplification may dilute efforts to impose strict rules for proving corporate climate claims, think tanks and trade associations in Brussels have told Carbon Pulse.

BP last week reported a 38% reduction in its combined Scope 1 and 2 emissions in 2024, compared to a 2019 baseline, bringing total emissions down to 54.5 million tonnes of CO2 equivalent.

The UK will restart a meaningful climate change dialogue with China, as Energy Secretary Ed Miliband arrived in Beijing on Friday for the first formal talks to accelerate climate action in nearly eight years.

Government body Natural England has sold £247,416 worth of statutory biodiversity credits since it introduced its biodiversity net gain (BNG) regulation last year, it said Friday.

European carbon prices were poised to snap a run of five weekly losses on Friday, as prices jumped late in the morning after a fairly lacklustre opening amid a surge of technical buying and options hedging.

Verra may revamp methodologies for reforestation and revegetation (ARR) as it seeks to expand the scope of projects eligible for phase one of CORSIA, the UN's Carbon Offsetting and Reduction Scheme for International Aviation.

An Indian carbon removal firm has entered into an agreement with Japanese conglomerate Mitsubishi Corporation to scale carbon dioxide removal (CDR) in South Asia by generating high quality and durable credits through enhanced rock weathering (ERW) projects.

Ed Miliband visits Beijing as part of plan to create global axis working in favour of climate action

• Ed Miliband: ‘The global battle against the climate crisis needs China’

The UK is hoping to shape a new global axis in favour of climate action along with China and a host of developing countries, to offset the impact of Donald Trump’s abandonment of green policies and his sharp veer towards climate-hostile countries such as Russia and Saudi Arabia.

Ed Miliband, the UK’s energy and net zero secretary, arrived in Beijing on Friday for three days of talks with top Chinese officials, including discussions on green technology supply chains, coal and the critical minerals needed for clean energy. The UK’s green economy is growing three times faster than the rest of the economy, but access to components and materials will be crucial for that to continue.

Continue reading...

A Croatia-based carbon project financier has inked an “exclusive” 10-year deal with a regional park in neighbouring Slovenia to develop “high-quality” carbon credits.

Early-rising UK stargazers woke up to a "blood Moon" lunar eclipse early on Friday.

Chinese carbon permit prices remained in a narrow trading range over the past week with shrinking volumes, while trading of the first voluntary carbon credits issued in China since 2017 has caused significant fluctuations in price.