Carbon Pulse

Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.

The US Commodity Futures Trading Commission (CFTC) approved final guidance Friday regarding the listing for trading of voluntary carbon credit derivative contracts.

Swedish carmaker Volvo has published a position paper on nature and biodiversity, pledging to take action to reduce its impacts and to invest in conservation and restoration to counterbalance residual negative effects of its activities.

With the European Commission’s new lineup it will be the EU’s climate action commissioner who will handle taxation policy, a move hailed as a “breakthrough” by a top official, although it is still unclear who will be in charge of the EU’s Carbon Border Adjustment Mechanism (CBAM).

A developer partnership announced Thursday the first tranche of issuance from their second improved forest management (IFM) project in Mexico’s Yucatan Peninsula region.

A European carbon trader previously with Freepoint Commodities has started with Switzerland-headquartered trading firm Gunvor Group, Carbon Pulse has learned.

The continued existence of a large thermal coal mine in Sarawak, Malaysia, goes against the nation’s climate commitments and the opacity surrounding environmental approvals to its extension is a problem, an environment watchdog said Friday.

The European carbon market moved with relative stability on Friday morning, ticking higher tracking a rebound in energy markets after a volatile previous session linked to reports of a Ukraine-Azerbaijan gas transit deal.

Large volumes of eligible voluntary carbon credits for the UN's CORSIA international aviation offsetting scheme will take years to materialise due to supply requirements that force project developers to guarantee against double claiming risk, even if ICAO approves major standards for the current phase at a meeting in November.

As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.

The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.

Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline. 

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.

A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.

Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.

A Brazil-based biodiversity and carbon developer is considering transitioning from a 'credit' to a 'nature asset' approach in a bid to attract corporate funding, the company told Carbon Pulse.

One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.

A France-based carbon crediting platform is teaming up with the subsidiary of a state-owned utility in the country to “promote transparency and innovation” in the voluntary market.

A US-based investment manager has launched a new company with the goal of generating carbon credits through planting 6 million oysters in the Chesapeake Bay.

A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.