Carbon Pulse

Investors' demand for natural assets in Africa is increasing, with the private sector set to play an important role in bridging the gap in long-term land conservation in the region, the CEO of a conservation investment group has told Carbon Pulse.

European carbon prices were firmer on Tuesday morning as the UK returned after a public holiday, while EUAs benefitted from a sharp climb in natural gas after a number of interruptions to North Sea production were announced.

An unprecedented increase in global sea levels poses a major threat to countries with large coastal populations and will significantly impact the livelihoods of those living in the Pacific islands, according to a UN technical brief released this week.

China, India, and the US face vastly different challenges on the path to decarbonising the hard-to-abate steel sector, according to a new report.

The UK might not achieve the 30x30 target of protecting 30% of land and sea by 2030 if urgent actions are not implemented by the government, a think tank has said.

South Korea is seeking to provide preferential loans to companies that make preemptive investments in projects with great emissions reduction potential. 

A framework for coordinating research on nature positive action by businesses with four core components, in line with international targets, has been proposed by a group of UK academics.

A group of Japanese shipping majors have teamed up to conduct a joint study for liquefied CO2 (LCO2) carriers, in preparation for large-scale international transport of LCO2 by 2028.

A New Zealand public-private partnership has invested NZ$4 million ($2.4 mln) in a company looking to ramp up commercialisation work of a methane-inhibiting vaccine specifically suited to the country’s pastoral farming system.

BHP, the world’s biggest miner, has said it will not use carbon credits to meet its 2030 Scope 1 emissions reduction target, planning instead to achieve it through structural abatement, though its plans may change.

A real estate developer claims it will open the first 'carbon-positive' hotel in the US, achieved through its tree-planting partnerships and use of efficient materials.

Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending Aug. 25, which saw lurches toward full legalisation of the voluntary carbon market (VCM) in anti-VCM holdouts Ecuador and Bolivia, a strong early showing by LATAM biodiversity markets, and new sovereign issuances by Suriname.

RGGI allowance (RGA) prices on the secondary market peaked at a new all-time high early last week before dropping off on heightened volumes ahead of the upcoming Q3 auction.

The current global economic situation is hindering the deployment of carbon capture utilisation and storage (CCUS), which currently represents less than 5% of its global capacity, according to a report calling for stronger incentives towards supporting the technology.

Liquidity dried up last week amid the height of the summer holiday season, and with the market still waiting for the next batch of Integrity Council for the Voluntary Carbon Market (ICVCM) methodology approvals for its Core Carbon Principles (CCP) high-integrity label.

Germany plans to allocate €3.3 billion for projects aimed at decarbonising industry, which includes storing CO2 underground at offshore locations, it announced Friday.

Climate policy experts have shared their key recommendations on how to implement carbon removal (CDR) technologies within the EU’s 2040 climate target, based on findings from a four-year project funded by the European Commission.

Cameroon has opened a tender for support, via the UN Development Programme (UNDP), in establishing a national framework for carbon market and climate finance, with a focus on Article 6 engagement.

The EU regulation on deforestation-free products is providing small farmers with a unique opportunity to gain market access and be a privileged supplier, an environmental nonprofit has told Carbon Pulse.

A financial technology platform has released a methodology for creating tokenised biodiversity credits, with details on how to ensure projects meet integrity standards and units are tradeable.