Carbon Pulse

A major gas supplier in Japan has agreed to invest up to $25 million in an international climate fund that seeks to create a pipeline of nature-based carbon credits.

The upcoming New Zealand Emissions Trading Scheme (ETS) auction is unlikely to clear, or if it does, only partially, as participants had mixed views on how this would affect market sentiment.

Australia’s Clean Energy Regulator has announced it is lowering audit requirements for low-risk, small scale plantation forestry projects.

A US direct air capture (DAC) firm has announced that it will pause its planned Wyoming facility and move its focus to another state in light of increased competition for renewable energy.

A British-based investment firm has teamed up with a climate tech startup to secure a grant from the UK Space Agency (UKSA) to fund a project that incorporates satellite data into natural capital investment decisions.

On the heels of passing its 2023 carbon markets bill, the government of Paraguay has held participatory stakeholder workshops to translate the law into a practicable framework and to receive feedback on draft regulation.

An international development bank this week invited expressions of interest to provide consulting services for a project to design a cap-and-trade system for Argentina.

A major US-based aerospace firm has agreed to acquire a British climate tech startup focussed on reducing the environmental impact of aviation.

Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.

Global insurance and reinsurance broker Aon has unveiled a partnership with Brazil-based developer Future Climate, aiming to bolster the voluntary carbon market (VCM) by integrating robust insurance mechanisms and quality standards into REDD projects in the country.

A scientist from a US non-profit research group on Thursday detailed several suggestions to strengthen Washington’s offset protocol, including considerations for programme eligibility and definitions related to reversals.

A NASA-funded study has highlighted concerns about the durability of Canada’s forests to serve as carbon sinks after analysing emissions from the country’s 2023 wildfires.

The Iowa Utilities Board (IUB) this week issued a construction permit for a proposed CO2 pipeline, but laid out additional conditions that must be met before the controversial project can proceed.

An ongoing migration by financial entities to V25 California Carbon Allowance (CCA) holdings continued for another week, while compliance and speculators trimmed length in RGGI Allowances (RGAs) and Washington Carbon Allowances (WCAs) heading into Q3 auctions next week, according to data from the US Commodity Futures Trading Commission (CFTC).

Governments across the globe have wasted $30 billion supporting carbon capture and hydrogen projects and should cease support for these 'ineffective' technologies, according to an advocacy group.

EU member states on Friday approved an update to the bloc’s regulations that introduces zero-rating for emissions from a series of low-carbon aviation fuels and outlines new requirements for the MRV of non-CO2 emissions from airlines.

A global oil major announced Friday a $100 million agreement with two US firms to support improved forest management (IFM) carbon crediting projects across multiple states.

The number of fish species at risk of extinction could be fivefold higher than previously estimated, with nearly 5,000 species not receiving a conservation status due to insufficient data.

Fossil fuel consuming ships paired with carbon capture, nuclear propulsion, and hydrogen-powered fuel cells are emerging as a new decarbonisation option due to the scarcity of low-carbon fuels, according to a global shipping insurer's decarbonisation outlook.

A South African court of appeal will hear a case on Friday in a years-long challenge by environmental groups to a large-scale gas-to-power plant over its lifecycle climate impacts.