Carbon Pulse

Less than a quarter of worldwide ecosystems reliant on groundwater are in protected lands or regions with policies aimed at conserving them, a paper has found.

China’s national carbon market saw its price continue to fall this week amid slightly decreased liquidity, though some believe that the price effect of a new carryover mechanism will not appear until next year.

Combining several indexes largely focused on species abundance and diversity is the most efficient way for companies to assess biodiversity risks and impacts, according to French-headquartered bank BNP Paribas.

The board of the world’s largest dedicated climate fund, the Green Climate Fund, approved $1 billion in fresh funding at its meeting this week, it announced Friday.

The UN Industrial Development Organization (UNIDO) has issued a call for African projects interested in registering to generate carbon credits under Japan’s bilateral Joint Crediting Mechanism (JCM).

More than 4,500 participants in China's voluntary carbon market have opened accounts on the national registry platform since the restart of the domestic offset programme earlier this year.

Global demand for electricity is on track to be among the highest in two decades this year, driven by EVs and a solar boom in China, while demand in Europe remains depressed in the aftermath of the 2022 energy crisis, according to the International Energy Agency (IEA).

South Korea's National Nature Trust (NNT) has teamed up with a climate tech company to work on the creation of technology-backed carbon credits by utilising its environmental assets.

Japanese trading house Marubeni has taken a stake in a Danish company whose biochar technology can reduce carbon emissions from sewage sludge treatment by 80%.

With a high turnover in futures and options trade, California Carbon Allowance (CCA) prices have slipped below Washington Carbon Allowances (WCA) in the aftermath of ARB's ETS workshop fallout.

A California-based biotech firm that utilises captured CO2 for protein production announced this week it has raised $18 million in Series A financing.

A large Canadian bank unveiled plans on Thursday to install heat pumps through its retail branch network across the country, which it estimates would reduce emissions by 70% from these locations.

State agencies need to improve their planning practices if New York is to reach its statutory clean energy goals, according to an audit released Wednesday by the state comptroller that provides a series of recommendations to do so.

Flagship carbon markets legislation may soon be joined by a bill to weigh in on digital assets, with experts interviewed Thursday expecting liftoff for a market in Bahamian credits owned and managed by the state.

A Vancouver-based global methanol producer and a Calgary-headquartered carbon capture, utilisation, and storage (CCUS) project developer have announced a partnership to study reducing as much as 400 tonnes of CO2 per day from industrial production.

Environment and Climate Change Canada (ECCC) announced Thursday that it would fund C$89.1 million ($65 mln) across ten nature-based emissions reductions projects, which also aim to conserve biodiversity.

With buyers securing expensive, large-scale advance purchase agreements for engineered and nature-based carbon removals (CDR), carbon insurers are thinking beyond non-delivery policies and cash payouts to begin guaranteeing credit durability.

The UN body mandated to determine rules governing the Paris Agreement's carbon crediting mechanism has inched closer to providing a basis text for discussion at COP29, in one of the last opportunities to finalise recommendations ahead of the summit in November.

Some 65 companies are lining up to buy the first sovereign Article 6 carbon credits endorsed by the Coalition of Rainforest Nations (CfRN), which should be ready for sale in September or October, the organisation told Carbon Pulse Thursday.

Verra will pause the review of new voluntary carbon methodology proposals until the first quarter of 2025 as it implements changes to its review process.