Carbon Pulse

Canada plans to establish a $260-million trust fund for Asia through the Asian Development Bank (ADB) to promote private sector funding in projects involving climate, nature-based solutions, and gender equality in the continent, pending approval from the bank's board.

Investment from one of Australia’s largest sources of cash, superannuation or retirement funds, is dropping when it comes to Australian Securities Exchange-listed oil and gas companies, an activist share group said Wednesday.

Global methane emissions reached a record high in 2023, when they need to fall by three-quarters within the decade in order to help limit the temperature rise to 1.5C, according to International Energy Agency (IEA) data published on Wednesday.

The governments of Papua New Guinea and Australia, alongside the Global Green Growth Institute (GGGI), have launched a A$20 million ($13.2 mln) climate finance programme.

Concerns have been raised about what some are calling 'trial by media' in the voluntary carbon market (VCM) after Verra said it froze the registry account of a developer in the wake of allegations made in a magazine article because it was a ‘unique situation’, contrary to the standard body’s usual protocol.

Taiwan's unprecedented drought has not only caused a great economic impact on the global semiconductor industry, but also significantly changed the carbon sequestration capacity of the domestic forest ecosystem, a study has found.

The UK government's plan to build up carbon capture, usage, and storage is based on outdated and unrealistic assumptions and risks locking consumers into expensive and fossil fuel-based technologies when cleaner alternatives exist, according to analysis released on Wednesday.

Governments can effectively target carbon emissions without implementing explicit carbon taxes, economists have demonstrated, offering policymakers new tools amid rising public backlash against greenhouse gas pricing policies worldwide.

The EU's revised CO2 regulation for cars, which bans the sale of new petrol and diesel vehicles as of 2035, is "the single most important emissions reduction measure" necessary to hit the bloc's 90% GHG reduction target by 2040, according to a new study.

The Texas wildfires impacted a ranch used to generate grassland soil carbon credits, but the project developer said the soil carbon levels were likely only minimally impacted, if at all, Bloomberg reported Tuesday.

A non-profit research team has released a publicly viewable database of global offset projects, streamlining pockets of incomparable information from various registries to help improve monitoring of the voluntary carbon market.

A New York-based startup that aims to extract natural gas by injecting captured CO2 has grown quieter amid intensified legislative resistance against CO2-based fracking in the Empire State.

A California-based carbon removal firm announced Tuesday the completion of its $80 million Series A financing, with investment participation from the venture capital arms of industry heavyweights.

The European Commission outlined plans on Tuesday for the 27-nation bloc to better anticipate and manage extreme weather events following the publication the day before of the EU's first-ever EU Climate Risk Assessment Report.

Airlines are relying on production processes for sustainable aviation fuel (SAF) that are not yet ready to scale to avoid paying for their carbon emissions under the first phase of CORSIA, warns a report.

Germany has started the first bidding process for a 'climate contracts' funding programme worth up to €4 billion, whereby EU ETS-covered energy-intensive firms can apply for 15-year funding for large green transformation projects.

French asset manager Mirova has announced the second close of the Climate Fund for Nature at €195 million ($213 mln) with investments from three corporations.

A regional council in northern Italy has allocated €10.5 million from the EU to fund projects aimed at protecting and restoring biodiversity, warning that conservation efforts must expand beyond existing protected areas.

The European Parliament approved new measures to boost the energy performance of buildings across the EU on Tuesday, in an attempt to decarbonise the sector before it enters the EU Emissions Trading System (ETS).

An industry partnership that develops guidelines for financial institutions to disclose their  Scope 3 value chain emissions is fast gaining momentum for both voluntary and mandatory reporting, with parts incorporated into EU regulations even as the bloc postpones issuing its own sector-specific guidelines.