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Carbon credit rating agencies risk undermining financial flows by grading projects in a fragmented and retroactive way, developers have outlined in a paper that takes aim at the companies that have judged much of their work as poor in recent years.

Puro.earth’s carbon removals standard has proposed changes to enable it to gain the ICVCM’s CCP integrity label and be eligible for use in the CORSIA international aviation offsetting scheme.

Voluntary market certifiers Gold Standard and Verra have partnered with Singapore to develop a playbook for standard operating procedures for countries active in the Paris-era carbon market, they announced Monday.

Carbon capture and storage (CCS) is nothing more than a fig leaf designed to keep fossil fuel industries booming and polluting according to a panel on the sidelines of COP28 in Dubai.

Colombia, Kenya, and France on Monday said they will launch an expert review of the relationship between, debt, nature loss, and climate change in a bid to better position nations to solve the three major crises.

Researchers say better representation could elicit interest in lesser-known organisms and help conservation efforts

When Stefano Mammola and Francesco Ficetola went to an ecology conference in Prague in 2021, they met a scientist with an unusual complaint. Jennifer Anderson, an expert in aquatic fungi, lamented that the subject of her research was not available in emoji form.

“If you are doing the important work of trying to save the , you can use graphics to help you communicate this in a very relatable way,” said Anderson, a microbial ecologist at the Swedish University of Agricultural Sciences. “If you are working to save the aquatic fungi, you first must let people know that yes, aquatic fungi exist, then describe in words what they look like – usually not like mushrooms.”

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A series of several ambitious, but achievable, changes could transform Brazil's climate and economy, but more robust efforts are needed, attendees heard from an expert panel discussion on the launch of a report at COP28 Monday.

Chile has signed an implementation agreement with Switzerland under Article 6 of the Paris Agreement, as it crafts domestic frameworks and consults with local stakeholders in preparation for the global carbon market, an official told a side event at COP28.

UK energy-from-waste company enfinium said on Monday that it plans to invest up to £800 million in CCS technology, creating what it says would be one of the largest carbon removal projects in Europe.

A new negotiating text on the first ever Global Stocktake (GST) of the Paris Agreement dropped on Monday evening at the COP28 climate summit in Dubai, urging nations to cut their fossil fuel consumption and production by mid-century while omitting any reference to phasing them out.

It is Day 12 at COP28 and negotiations are under crunch time to find areas of agreement across key texts, including on the Global Stocktake (GST) and Article 6. Carbon Pulse's team of correspondents continue to chase after news on the ground from the latest texts and sources. In our daily running blog, we will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).

Market actors eagerly await progress on Article 6 as COP28 draws to a close, citing the potential to improve stability and trust in carbon markets, removing the ‘fear of entry’ for buyers currently hesitant to enter the market due to the risk of reputational damage linked to greenwashing.

Text now being considered by governments calls for ‘reducing both consumption and production of fossil fuels’

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Oil-exporting countries will be called upon to reduce their production drastically in the coming decades, if a draft agreement published at the Cop28 UN summit on Monday is accepted.

The text avoids highly contentious calls for a “phase-out” or “phase-down” of fossil fuels, which have been the focus of deep disagreement among the more than 190 countries meeting in Dubai.

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UN talks on carbon markets under Article 6 of the Paris Agreement were said to be one step away from collapse late on Monday, as "carnage" in rooms negotiating rules for international trading has also hindered progress in those concerning crediting, sources told Carbon Pulse, with language in a new draft text barely recognising experts' work done on methodologies over the past year.

Australia on Monday announced it will distribute more than A$3 million ($2 mln) in grants to four projects for conservation of marine ecosystems under the Blue Carbon Accelerator Fund (BCAF) it administers in partnership with IUCN.

The summit had appeared close to calling for a phase-out of fossil fuels but made last-minute changes.

But populations are in long-term decline and El Niño is drying out wetland habitats

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Widespread floods and environmental flows have been a boon for waterbirds, with annual surveys in eastern Australia recording more than half a million birds.

But researchers say long-term declines in populations persist and the effects of El Niño and drying across eastern Australia are showing, with the total area of surveyed wetland habitat decreasing over the past year.

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The European Commission plans to release in February its proposal for the bloc's 2040 emissions target along with a communication on industrial carbon management, the EU's executive reportedly outlined on Monday.

Global heating, pollution, overfishing and falling water levels among factors hitting populations, finds IUCN red list study

Nearly a quarter of the world’s freshwater fish are at risk of extinction due to global heating, overfishing and pollution, according to an expert assessment.

From the large-toothed Lake Turkana robber in Kenya to the Mekong giant catfish in south-east Asia, many of the world’s freshwater fish are at risk of disappearing, the first International Union for Conservation of Nature (IUCN) red list assessment of the category has found.

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The governments of the Netherlands, Germany, France, Spain, Finland, and Austria issued a joint statement on Sunday issuing recommendations to carbon credit buyers on the voluntary carbon market (VCM).