Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 54 min ago
AI could expand access to carbon markets for sustainable rice farming, says report
Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.
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Former Gabon environment minister beefs up board of CTrees
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.
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Poland aims for 56% renewables in electricity mix by 2030
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.
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RGGI auction races to another record clear with strong compliance bid
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.
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Experts call for COP16 to address Amazon crimes destroying nature
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.
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Investors should start with materiality when addressing Scope 3 emissions -report
Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.
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Analysts propose carbon clearing house to support integration of carbon removals in UK ETS
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.
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Wetland restoration project in Italy to sell biodiversity tokens, two European companies to buy
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.
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INTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch
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.
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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend
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.
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Euro Markets: Midday Update
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.
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Higher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts
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.
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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project
An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.
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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns
An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.
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Forest biodiversity unit pilot launches in Congo
A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.
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CN Markets: CEAs moves near 93 yuan, weekly trading volume stable
Chinese carbon allowance prices saw a modest recovery over the past week with stable trading volumes, as analysts remained cautious about the whole-year price outlook due to a newly introduced policy.
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British govt lobbied to cut biodiversity net gain exemptions
Eight NGOs and business groups sent a letter to the British government on Thursday asking for the removal of some developer exemptions from the biodiversity net gain (BNG) requirements in England.
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Indonesia targets 367 GW of renewable energy by 2060, as draft second NDC deemed insufficient
The Indonesian government has outlined plans to target 367 GW of renewable energy capacity by 2060, as analysis found its draft second Nationally Determined Contribution (NDC) to be lacking in ambition.
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Japanese carbon project developer seeks offset development opportunities in Mongolia
A Japanese carbon project developer has expressed interest in pursuing emissions reduction projects in Mongolia, as it seeks to expand its presence in Asia.
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New Zealand startup launches funding round to bring Scope 3 emissions reporting software to Australia
A New Zealand climate-tech startup has launched a seed round of NZ$650,000 ($400,000) in the hopes of expanding its Scope 3 emissions reporting software into Australia, and eventually the UK.
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