Carbon Pulse

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.

Verra has begun the piloting of its Scope 3 Standard (S3S) programme, a new scheme that will certify value chain interventions and issues voluntary carbon units that companies can use as part of their value chain emissions accounting.

European carbon prices eased on Monday morning on thin volume due to a UK public holiday as participants were said to be easing some gas-linked risk premium out of the benchmark futures contract as concerns around supply fade and storage levels remain healthy.

A non-profit in Bhutan is exploring the opportunity of generating and trading international carbon credits from tree-planting projects in the Himalayan Kingdom, according to local media.

A UN assessment of Vanuatu's proposed forest reference level (FRL), which can affect the issuance volume of sovereign REDD+ carbon units, found the country's reporting to be "transparent" and mostly in accordance with guidelines.

Two major Japanese companies and an Indonesian counterpart have agreed to a joint study on biomass energy carbon capture and storage (BECCS), hot on the heels of decarbonisation agreements signed between the governments of the two countries last week.

A Korean mobility startup has tapped into Cambodia's emerging carbon market through a project that can electrify gas-guzzling tuk-tuks in the Southeast Asian country.

Papua New Guinea is considering not sending a delegation to the COP29 climate talks in Azerbaijan later this year in protest of rich nations’ failure to provide sufficient climate finance to poorer countries, Prime Minister James Marape has said, according to local media.

The price of Australian Carbon Credit Units (ACCUs) has inched upwards in recent weeks thanks to steady demand from Safeguard Mechanism entities, however one report expects prices to continue to remain rangebound in the short term.

iodiversity markets will have a hard time establishing and attracting financing on a large scale unless insurers step in for nature, experts have told Carbon Pulse.

The Australian government has appointed the country’s chief scientist to lead an expert panel to advise on greenhouse gas measurement approaches that could potentially improve its fossil methane estimations, it announced Monday.

South Dakota’s highest court reversed prior rulings made by two lower circuit courts in support of a major CO2 pipeline construction, jeopardising the project's development in the state.

A US-led carbon crediting programme published a brief last week detailing how its credits can be used in corporate climate strategies.

Financial players continued to migrate to V25 California Carbon Allowance (CCA) holdings over another week, while compliance demand for RGGI Allowances (RGAs) extended as prices surged to new record highs, according to weekly data from the US Commodity Futures Trading Commission (CFTC).

European banks charge a higher interest rate to firms with elevated carbon emissions and a lower rate to those that commit to reducing their climate impact in the future, finds a new report.

Government stakeholders and private sector representatives met in Harare, Zimbabwe this week to discuss strategies to generate carbon credits from hemp production, according to local media.