Carbon Pulse

Two blockchain platforms have integrated their technologies to offer a streamlined service for the lifecycle of voluntary carbon credits, from issuance to trading, they announced Tuesday.

Singapore-based marketplace PCX Markets has said it has prevented 100,000 tonnes of plastic waste from dispersing in nature through plastic credit issuance in the last four years.

A London-based carbon removal marketplace has secured exclusive access to the remaining credits available this year from a Bolivian biochar developer, the firms announced Tuesday.

The government of Sindh province in Pakistan is planning to generate tens of millions of voluntary carbon credits by planting trees along the Indus River in a massive reforestation initiative, an official told Carbon Pulse.

COP29 host nation Azerbaijan has launched a platform to help developing nations with their submission of climate progress reports.

The UK government is selling its first batch of statutory biodiversity credits under the biodiversity net gain (BNG) scheme to a developer for an estimated total of £35,120.

An industrial technology developer using artificial intelligence (AI) to design and deploy new climate technologies has open-sourced an AI model, with its first product set to be a carbon removal technology, in the early stages of commercialisation.

South Korea is planning to extend participation and curb permit surplus in its emissions trading system, as the government seeks to reverse the dynamics in the struggling market.

European carbon prices dropped to their lowest in four weeks on Tuesday morning as the weight of selling pressure continued to hang over the market, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.

Finnish carbon removal standard Puro.earth has seen its issuances approved to supply a multinational credit buyers' club, the firm announced Tuesday.

A Belgium-based company using carbon finance to incentivise farmers for sustainable practices has raised €15 million in a Series B fundraising round.

A major South Korean business lobby is urging the government to actively support decarbonisation of the domestic steel industry, as the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM) could bring Korean steelmakers additional costs of 3 trillion won ($2.2 billion) over the next decade.

A provider of emissions data and compliance management solutions for the maritime industry has closed a €5 million Series A financing round, according to a press release.

Colombian standard Cercarbono expects to certify only a handful of biodiversity credit projects in 2025, hoping to have enough initiatives in its pipeline to test the standard during its first year.

One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.

A Swedish biodiversity developer has partnered with an Irish forestry management software company to develop a monitoring tool for biodiversity credit projects in forest landscapes, they said on Tuesday. 

India must allow auctioning of carbon credit certificates (CCCs) under its intensity-based Carbon Credit Trading Scheme (CCTS), in line with other emissions trading schemes (ETS) globally, in order to achieve its climate goals while also facilitating a just energy transition, a paper released Tuesday has found.

Australian greenhouse gas emissions have continued to flatline, as gains in the electricity sector are wiped out by rising transport emissions, according to government reporting.

A report into Australia’s human-induced regeneration (HIR) projects has argued that on-the ground, or 'in-situ', reporting measures are crucial to ensure abatement assurance, because national datasets are unreliable in the remote areas where projects are located.

Regenerative agriculture, including cover cropping and no-till farming, can significantly reduce carbon emissions when applied to large-scale farming operations across the US, but credit prices need to rise significantly to sustain such practices, according to a new study.