Carbon Pulse

The Global Biodiversity Information Facility (GBIF) will launch a call for grant proposals in 2025 in several regions after receiving €4 million from the EU, in an outreach that will complement its work on ‘data cubes’, an executive has said.

A fintech startup focused on creating financial instruments tied to voluntary carbon credits has announced a partnership with a global blockchain-based platform for buying, selling, and retiring units.

Innovations in battery manufacturing, such as use of a ‘dry process’ to make electrodes, will be key to reducing cost and lowering the environmental footprint of producing lithium-ion batteries to be in line with the EU’s new Batteries Regulation, say experts.

Australia’s Labor government has introduced its Guarantee of Origin bill to parliament as part of the Future Made in Australia (FMIA) policy that was recommended by a senate committee last week.

The world is still on track to be awash with oil by the end of the decade after global demand growth decelerated in the first half of 2024 to the lowest rate since 2020, the International Energy Agency (IEA) reported on Thursday.

A Chicago-headquartered financial services firm has launched a blockchain carbon credit platform for institutional buyers, it announced on Thursday.

A Tanzania-based developer has partnered with CreditNature to launch a biodiversity credit pilot in the Kilimanjaro region by the end of November, Carbon Pulse has learned.

European carbon allowance prices fell back in line with weaker energy markets on Thursday morning, as EUAs continued to fluctuate in their recent options-driven €2 range near a five-month low, with traders seeing little incentive for levels to break out.

A senior EU negotiatior on Article 6 of the Paris Agreement has warned against taking a short-term approach to developing the UN markets, saying this could damaging confidence in carbon pricing as a credible solution to tackle climate change.

A Singapore-headquartered biochar company and a Japanese developer specialising in methane reduction projects have been awarded a grant to reduce emissions from rice fields in the Philippines, they said in a joint statement.

The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.

Demand for liquefied natural gas (LNG) in Europe fell 20% year-on-year in the first half of 2024, after gas consumption dropped to a 10-year low last year, analysts said this week, suggesting the continent’s thirst for the fuel may have already peaked.

Nearly 40% of the Amazon rainforest areas considered crucial for addressing the climate crisis still lack proper legal protection, with approximately 10.9 million hectares at potential risk, said a report released Thursday.

A group of Korean researchers has introduced a low-carbon catalyst technology for producing sustainable aviation fuel (SAF) amid growing domestic interest in the development of the eco-friendly fuel. 

An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.

Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.

A top oil refiner in South Korea is set to start commercial operations of the country's first production line for sustainable aviation fuel (SAF) next month, in response to the increasing demand for the eco-friendly fuel.

The offshore wind industry in the Asia Pacific is displaying significant growth in a patchwork fashion, but missing regulatory frameworks and significant supply chain bottlenecks down the track will require careful planning, according to experts. 

The number of cases filed each year against fossil fuel companies including BP, Shell, and Chevron has nearly tripled since the Paris Agreement, with cases linked to climate damages, misleading advertising, and emissions reduction growing significantly over the period, according to a new report.

California regulator ARB reduced its compliance-eligible offset issuances over the latest two-week period, reversing course from the trend of growing distributions seen in past periods.