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California governor appoints new member to ARB watchdog
Governor Gavin Newsom (D) added a sixth member to the independent advisory committee overseeing California’s ETS and other relevant climate policies.
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German forest carbon startup triples climate project portfolio, eyes further expansion
A Munich-based forest carbon firm grew its portfolio of forest adaptation projects to 12 sites by the end of 2024, up from four a year earlier, and aims to further scale its activities this year, according to its latest impact report.
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VCM Report: Voluntary carbon credit indices rebound, France backs CCPs
Voluntary carbon credit indices edged higher last week as market participants returned to desks following a holiday break, while France threw its weight behind corporate use of integrity-backed carbon credits, following similar moves by Germany and the UK in April.
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All eyes on China to pick up climate leadership as US steps away, Brazilian experts say
Brazil’s upcoming COP30 summit will usher a new era of Chinese climate leadership, as the country pushes ahead with the transition to renewables and overachieves on its commitments — filling a void left by the US, according to Brazilian experts.
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Study outlines approach for maximising EU species, climate, land use benefits
An approach for the EU that maximises benefits for species conservation, climate mitigation, and agricultural land use has been proposed in an academic paper published on Monday.
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Green steam and thermal storage startup reboots pilot plant after “tough lesson”
The post Green steam and thermal storage startup reboots pilot plant after “tough lesson” appeared first on RenewEconomy.
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Investors launch $200 mln US forest carbon fund
Two companies have partnered to launch a new carbon investment fund for US-based projects as they seek to raise $200 million to generate high-integrity credits.
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UK seeks feedback on revenue support changes for carbon removal projects
The UK government has launched a consultation on proposed changes to revenue support regulations for engineered greenhouse gas removals (GGRs) and bioenergy with carbon capture and storage (BECCS) projects.
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Swedish real estate firm signs BECCS deal for 10k credits
A real estate company from Sweden will buy 10,000 carbon removals from an energy firm over 10 years, the companies announced earlier this month.
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Canadian carbon streaming company uproots US soil project investment amid voluntary market turmoil
A Toronto-headquartered carbon and precious metals royalty and streaming company has terminated future capital commitments to a major US-based carbon farming programme, citing worsening market conditions and increased investment risks.
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Indonesia lines up carbon market standards for cooperation deals
Indonesia is pushing ahead with negotiating mutual recognition agreements (MRAs) with major international standards, including Verra, Gold Standard, Puro Earth, and Plan Vivo, according to a senior official.
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ERW developers commit to new data-sharing platform in bid to scale market
A group of enhanced rock weathering (ERW) project developers has launched a new data-sharing platform designed to accelerate scientific validation and support the commercial scaling of this carbon removal technology.
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European airline emissions back to pre-Covid levels, carbon market fails to address costs -report
Emissions from airlines in Europe have bounced back to pre-Covid levels, while the bloc's Emissions Trading System (ETS) appears unable to address the costs of soaring pollution, according to green campaign group Transport and Environment (T&E).
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Biogas industry calls for biogenic CO2 target in EU’s 2040 climate plan
The European biogas industry association has called on the European Commission to include a separate target for biogenic CO2 capture in the EU’s 2040 climate plan, emphasising the role biomethane can play in removing CO2 from the atmosphere.
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INTERVIEW: CO2 mineralisation would see major benefit from EU integrating removals into ETS
The potential integration of the EU’s carbon removal certification framework into the bloc’s Emissions Trading System (ETS) would be a “major catalysing step” for industrial decarbonisation, according to a CO2 mineralisation company.
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Germany appoints new energy minister, but takes climate out of the portfolio
A former centre-right politician who has spent the last five years heading up Germany’s largest regional energy company is set to succeed the Greens' Robert Habeck as head of the government’s energy portfolio — but without the climate file, which is moving to the environment ministry.
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Euro Markets: Midday Update
European carbon prices slid in quiet trading on Monday as participants described a lacklustre market that was still reflecting a holiday mood, though a number of sources highlighted prospects for some recovery in the longer term.
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Exchange appoints market makers to boost liquidity in J-Credit market
The Tokyo Stock Exchange has designated four domestic companies as market makers for Japan's carbon market this fiscal year.
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Government ‘failing to support natural regeneration of trees in England’
Campaigners say targets for woodland creation are unlikely to be met because 95% of grants are for planting
The government is failing to support the natural regeneration of trees in England owing to an overwhelming focus on planting, campaigners have said.
Recent figures show only 5% of Forestry Commission grants for woodland creation have been spent on the natural regeneration of trees, while the remaining 95% is spent on tree planting.
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Nature fintech taxonomy launches
The Nature Tech Collective on Monday launched a five-part taxonomy to help navigate the emerging sector of nature-related financial technology.
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