Carbon Pulse

An advanced market commitment for carbon dioxide removal (CDR) has released a standardised offtake agreement template for deals in the nascent technology sector.

Voluntary carbon standard Verra has updated its Jurisdictional and Nested REDD+ (JNR) Framework in order to align with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP) label, the standard announced Tuesday.

Japan has selected around a dozen climate and environment projects across Southeast Asia that will receive government funding, including programmes promoting the development of biochar, sustainable aviation fuels (SAF), and methane emissions reductions from rice production.

The coalition government’s decision to follow the Climate Change Commission’s advice on emissions trading scheme price settings and auction volumes has been broadly welcomed, participants told a conference Tuesday, but key issues relating to the scheme have yet to be resolved.

The Malaysian government is looking into implementing a carbon tax, particularly on big-emitting industries, and plans to attract green investments into the country, an official told a media conference Tuesday.

South Korea's national oil and gas company has decided to set up a carbon capture and storage (CCS) business, with plans to promote projects both at home and abroad, local media reported.

Lack of liquidity and near-term weather were some of the main drivers of RGGI Allowances (RGA) in the secondary market this week that traders deliberated as prices held north of $27.

With the release of the official Democratic platform on Sunday, both major US political parties have now made public they priorities regarding climate, energy, and the environment if they emerge victorious in the November presidential election, although both documents largely aligned with established party policy preferences.

The Bolivian human rights agency has issued a statement in support of the vice presidency’s contest to a court decision that effectively legalised carbon trading in the country after a years-long prohibition.

US spacecraft company SpaceX launched a methane-detecting satellite on Friday that aims to track methane “super emitters” in partnership with a greenhouse gas-monitoring non-profit.

The US Department of Energy (DOE) announced Monday up to $127.5 million in federal funding to support the development of CO2 capture, removal, and conversion test centres for cement manufacturing facilities and power plants.

Numerous bills, including those that address CO2 removals (CDR) and the voluntary carbon market (VCM), have stalled in California’s legislature and do not appear likely to become law before the legislative session ends in August.

The New Zealand government will dramatically cut the volume of NZUs available at auction from next year, and will maintain the auction price floor, in line with the Climate Change Commission’s recommendations, it announced Tuesday.

A handful of trades kept the voluntary carbon market ticking over last week, with the slim pickings mostly confined to low-volume deals, as brokers grow more inclined to promote two-way markets to attract corporate interest.

A handful of trades kept the voluntary carbon market ticking over last week, with the slim pickings mostly confined to low-volume deals, as brokers grow more inclined to promote two-way markets to attract corporate interest.

Germany’s coalition government has agreed a diminished draft budget for its national climate and energy transition fund for 2025, and attracted criticism for optimistic assumptions about emissions trading revenue.

A carbon standard's biochar registry has received a conditional endorsement from the International Carbon Reduction and Offset Alliance (ICROA), the industry trade group announced on Monday.

Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the fortnight ending Aug. 18, which saw state actors make increasingly hands-on interventions in the domestic and regional voluntary carbon market (VCM).

A global insurance broker and risk advisor has announced the launch of a new insurance solution for the transport and storage of CO2.

The Colombian ministry of environment has announced an agreement with the Indigenous Peoples of the Amazon to value their contribution and strengthen their participation in conserving and restoring the rainforest in the lead-up to the COP16 UN biodiversity talks.