Carbon Pulse

Singapore's compliance carbon market, one of the few in Southeast Asia, is considered “highly insufficient” for meeting its climate goals, a think tank said this week, adding it does not expect the country to align with the 1.5C warming target of the Paris Agreement.

Australia will struggle to keep sustainable aviation fuel (SAF) it produces onshore without government procurement or mandates, a senate committee on the Future Made in Australia legislation heard Thursday.

South Korea is planning to set up a special fund worth 400 billion won ($300 mln) to encourage public and private investment in overseas projects promoting green transition and carbon reduction.

Climate tech investor HeavyFinance has partnered with an agribusiness firm to turn 300,000 hectares of agricultural land in Lithuania to regenerative farming practices, according to a press release.

An Australian carbon developer is seeing returns on its strategy, offering shareholders a special dividend three times higher than its standard one after delivering full year results to market Thursday.

A US-based blockchain company has partnered with a Colombia-based carbon registry to list tokenised credits on a digital library with the aim of bringing about a more efficient and transparent way to trade assets, the company announced.

The Clean Energy Regulator (CER) has issued just under 650,000 Australian Carbon Credit Units (ACCUs) in its latest update, as the Australian side of the ASX futures contract for carbon credits remains largely nascent, one month since it was launched.

A US non-profit found Americans preferred an incentive-based approach to emissions policy options compared to penalties for failure to meet targets, although there was less support for certain abatement policies in 2024 than four years ago.

California regulator ARB continued to ramp up its compliance-eligible offset issuances over the latest two-week period but continues to trail 2023 levels year-to-date, data published Wednesday showed.

An industry association last week filed a lawsuit against California’s regulator ARB for its decision to approve a new set of rules that mandates emissions reduction from forklifts operated in the state.

Forests in an Atlantic province in Canada are currently releasing more carbon than they sequester after a major tropical storm two years ago, according to a government report published Tuesday.

The Colombian government is planning to host the first auction of ETS allowances next year, according to multiple local media sources.

Central Europe has the potential to triple its clean energy production by integrating solar panels with food crops, bringing benefits to the farmers willing to adopt the technology, according to a study published on Thursday.

More ambitious changes are needed to Quebec’s carbon market to meet climate goals, including amendments to compliance periods, use of offsets, and free allocations, says a report commissioned by the provincial government.

A Brazilian project developer has received R$160 million ($28.8 mln) in financing from the country’s national development bank to support reforestation projects in the Amazon.

An Argentine province known for its reliance on extractive industries hosted a carbon markets seminar this week, aiming to leverage offsets to help achieve net zero emissions alongside oil and gas development.

Banks in Japan, Singapore, and South Korea have made strides in developing decarbonisation strategies and establishing climate-related objectives, but more decisive action is needed to align with global climate commitments, a report has found.

A US federal department announced Wednesday that it is awarding $15 million to nine projects aimed at helping under-served and small-acreage landowners to access emerging climate markets.

Oman's Environment Authority (EA) has entered into a cooperation agreement with the nation's main energy association (OPAL) in a bid to scale up investment in afforestation carbon projects, according to local reporting this week.

Developers announced on Wednesday the first tranche of issuance from an improved forest management (IFM) project in Mexico’s Yucatan Peninsula region.