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A US company developing a method for converting CO2 into green methanol closed a $4.5 million seed financing round this week that will help the company accelerate its technology to pilot stage.

Researchers this week raised concerns about the efficacy of current carbon crediting methods for high-forest, low-deforestation (HFLD) jurisdictions, suggesting that a shift towards more predictive models is necessary to better safeguard these critical forested areas.

Fluctuations in foreign exchange (FX) markets affect emerging economies engaged in the voluntary carbon market (VCM), and can threaten proponents’ access to finance, even as sustainable development projects continue to rely on outside hard currencies.

The German Federal Environment Agency (UBA) has rejected 215,000 tonnes of new emissions reduction certificates from eight upstream oil and gas projects in China due to "irregularities", it  announced on Friday.

Attempts at corporate greenwashing will eventually hurt the financial bottom line of companies in the long run, but offenders are still getting away with it in too many jurisdictions, according to research published this week.

Boeing's troubled spacecraft is to return empty - while Nasa astronauts stay in space until February 2025.

The US EPA on Friday issued a new enforcement alert, stepping up efforts to combat illegal imports and usage of hydrofluorocarbons (HFCs) – potent greenhouse gases used in refrigeration and air conditioning systems.

Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.

Lee White, the former environment minister of Gabon in central Africa who was briefly placed under house arrest in August last year amid a miliary coup, has been appointed to the board of directors of CTrees.

Poland will aim for a 56% share of renewable energy in its electricity mix by 2030, according to the climate ministry, who announced a new target was revealed in the draft of the National Energy and Climate Plan (NECP) this week.

This year will more than likely end up the warmest humanity has measured, reports European climate service

Summer 2024 sweltered to Earth’s hottest on record, making it even more likely that this year will end up as the warmest humanity has measured, the European climate service Copernicus reported on Friday.

And if this sounds familiar, that’s because the records the globe shattered were set just last year as human-caused climate change, with a temporary boost from an El Niño, keeps dialing up temperatures and extreme weather, scientists said.

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The Q3 RGGI auction cleared at a new all-time high, with compliance buyers scooping up two-thirds of the permits offered, results posted Friday showed.

Experts on the Amazon have urged action from politicians at the COP16 conference to combat the policies fuelling demand for products from activities like gold mining that are driving biodiversity loss.

Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.

In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a 'Carbon Clearing House', to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.

A wetland restoration project in Italy is set to generate the first batch of tokenised biodiversity credits, with two large European companies ready to buy them, Carbon Pulse has learned.

As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits - a challenge that could well continue into the second phase, according to one expert.

Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong retirement activity from the Paris 2024 Olympic and Paralympic Committee.

EU carbon allowance prices halted a three-day losing streak on Friday after prices had fallen close to a key technical support level on Thursday afternoon, gaining support from a second day of increases in TTF gas.

EU emissions and carbon prices could rise as a result of the bloc's Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.