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Armenia to host 2026 UN biodiversity talks

Carbon Pulse - Fri, 2024-11-01 13:02
Delegates at COP16 in Colombia on Thursday voted for Armenia as host of the next biodiversity summit in two years’ time, narrowly beating neighbour and climate COP29 host Azerbaijan.
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Oregon signs state forest agreement with voluntary carbon credit project developer

Carbon Pulse - Fri, 2024-11-01 11:22
Oregon’s Department of State Lands (DSL) signed a development agreement Thursday for an 83,000-acre (33,600 ha) state forest to generate carbon credits for sale in the voluntary carbon market (VCM).
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WCI Market: WCA prices gain momentum ahead of key repeal decision, CCAs rise into month-end

Carbon Pulse - Fri, 2024-11-01 11:09
Washington Carbon Allowance (WCA) futures prices rose past $50 on Thursday ahead of the looming Nov. 5 vote to decide the fate of the state's ETS, while California Carbon Allowance (CCA) activity took a backseat lacking fundamental drivers.
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Jacaranda season in Sydney – in pictures

The Guardian - Fri, 2024-11-01 10:24

Sydney’s jacaranda trees are in full bloom, blanketing the city in purple and attracting crowds of people trying to capture that perfect frame

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NZ must step up to protect its own oceans to match international commitments made at Commonwealth leaders’ meeting

The Conversation - Fri, 2024-11-01 10:04
New Zealand’s track record in domestic marine protection is woeful and its proposal to resume oil and gas licensing offshore has been criticised by Pacific island states. Karen Scott, Professor in Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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EU power sector urges reforms to ETS, calls for more stability and investment in post-2030 transition

Carbon Pulse - Fri, 2024-11-01 09:34
Europe’s power sector is calling on the EU strengthen its carbon market post-2030 to support to bloc’s climate ambitions, with a focus on improvements to market stability, allowance price predictability, and targeted investment, according to a position paper released on Thursday.
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EU market regulator pushes for clearer carbon allowance accounting in financial statements

Carbon Pulse - Fri, 2024-11-01 09:11
The EU’s market regulator has called for listed companies to improve transparency and consistency in the accounting of carbon allowances, urging firms to follow best practices and disclose more information about their financial exposure to emissions-reduction commitments.
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US policymakers should act now for chance at $135 bln global CDR market opportunity -report

Carbon Pulse - Fri, 2024-11-01 08:43
CO2 removals (CDR) can doubly support states to meet climate targets and tap into an emergent market estimated to reach up to $135 billion by 2040, with opportunity for policymakers to facilitate scale-up, said a US think tank in a report Wednesday.
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Incomplete data, low-quality credits mire first disclosures under California’s voluntary carbon offset law -report

Carbon Pulse - Fri, 2024-11-01 07:31
Just over two dozen companies have published their voluntary carbon offset purchases in compliance with a recent California law, but many disclosures were incomplete and included low-quality credits, a research group said Thursday.
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COP16: Countries launch ‘champions group’ for mainstreaming biodiversity

Carbon Pulse - Fri, 2024-11-01 06:35
A group of 17 countries led by Colombia and Mexico have announced they are establishing a special group at COP16 to drive progress on mainstreaming biodiversity, following what they said are attempts to undermine the policy.
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US DAC developer establishes sorbent manufacturing plant in Missouri

Carbon Pulse - Fri, 2024-11-01 05:51
A US-based direct air capture (DAC) developer announced Thursday that it will begin manufacturing a novel sorbent material that will be able to passively remove CO2 from the atmosphere.
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