Carbon Pulse

Colombia, Kenya, Cambodia, Mexico, and Peru are the top five most attractive countries for investors in carbon credits, according to an updated index.

Guyana has launched a global alliance that will host a summit next year focused on starting a biodiversity credits market, among other forms of innovative financing.

European carbon fell back on Thursday morning, reversing some of the gains made during Wednesday's rally due to a downward correction in TTF gas prices, as technical analysts also pointed to a more bullish outlook for the Dec-24 after it breached a key resistance level during the previous session, while UKAs shed as much as 5% on a one-year extension proposed by the government to the current free allocation period.

A rating agency has launched a network service to help buyers find and purchase voluntary carbon credits across various project stages, including pre-issuance, it announced Thursday.

China's Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.

A South Africa-based conservation NGO has announced a $1-billion plan to scale nature preservation efforts across Africa, including through strengthening the network of protected areas (PAs).

The UK ETS Authority has proposed moving the start of the second allocation period from 2026 to 2027, extending the current period to include 2026, it said Thursday.

The EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2) is turning into a “political minefield” as EU countries accuse Brussels of imposing higher fuel costs on households, said a senior EU lawmaker who warned against “a populist situation” taking root.

The next phase for an international bioeconomy that sustainably uses natural resources needs to be countries delivering more national strategies on the topic, a NatureFinance executive has said.

Norway has extended its multimillion-dollar rainforest protection initiative to 2035, according to a government statement.

South Korea should implement more proactive measures, such as accelerating the shift towards greener fuels, to reach its emissions reduction targets for the shipping sector, an environmental group has urged. 

Efforts to decarbonise the world economy are falling dangerously behind as the required rate of decarbonisation has surged to 20.4% annually to limit global warming to 1.5 C, according to a global consultancy.

The US Commodities Futures Trading Commission (CFTC) sought to embed some of the private sector's principles and standardisation for the voluntary carbon market (VCM) into its newly released guidance for trading carbon credit derivative contracts, the commission's chair said in New York on Wednesday.

A bipartisan pair of US senators introduced legislation Wednesday to make mine methane capture efforts eligible under 45Q tax credits for carbon capture and storage (CCS).

After years of negotiations, a key climate fund for developing nations is poised to become a reality during the upcoming COP29 summit in November, but looming technical and political decisions will determine the fund’s ultimate scope, participants said at a panel event Wednesday.

Early players in the biodiversity market disagree over the role of additionality, with some saying it should be "dead and buried", while others see it as a fundamental principle to attract funding.

California regulator ARB’s issuance of compliance-eligible offsets once again fell below the previous two-week period, extending the ongoing trend of lower issuances relative to the year-to-date (YTD) total in 2023, agency data released Wednesday showed.

The Secretariat of the ART carbon credit standard has accepted a concept note for an Indigenous Jurisdictional REDD (J-REDD) programme from Peru’s environment ministry at a ceremony during Climate Week NYC on Wednesday.

Market administrator WCI Inc. will serve as the registry, auction, and financial services platform for the upcoming New York cap-and-invest (NYCI) programme, regulators announced Wednesday during Climate Week NYC.

The top EU and US climate negotiators both signalled their strong desire to finalise negotiations on Article 6 at the UN climate talks in Azerbaijan this year, they said at Climate Week NYC on Wednesday.