Carbon Pulse

A London-based investor has partnered with a British-American insurance company to start a biodiversity credit fund in the wake of England's net gain (BNG) policy coming into force, Bloomberg reports.

Prices barely moved last week and trade thinned to curtail some early exuberance of a revival of the voluntary carbon market this year after a trough in the second half of 2023, although retirement levels remained healthy.

The Indian government has set up a taskforce to accelerate the country’s transition away from fossil fuels in order to deliver on the first global stocktake agreed by nations at the UN climate summit COP28 in Dubai last year.

European Commission President Ursula von der Leyen's bid for a second term could help to protect, and implement, the European Green Deal that she spearheaded, following elections that are heavily favoured towards the political right and against ambitious climate action.

A major investment manager has pledged to target companies failing to disclose their impacts on biodiversity with nature-related reputational and business risks poised to affect its portfolio.

Bids under the European Commission’s pilot auction for renewable hydrogen production have far exceeded the €800 million budget, demonstrating enthusiasm to scale up the nascent industry, the Commission said on Monday.

European carbon prices fell to their lowest in 30 months on Monday morning as aggressive selling overwhelmed the buy side amid sharply weaker energy markets, and an analyst forecast even lower prices ahead.

A UK-based land restoration company is counting on capital from an investment fund to help scale its model of buying up land for natural capital purposes.

EUA prices are set to fall further to three-year lows as the impact of declining natural gas prices filters through to the rest of the energy complex and demand from compliance buyers remains low, making 2024 “the year to build strategic long positions”, according to a European bank analyst.

An Indian agri-tech firm will soon receive the first issuance of Verra certified carbon credits under its carbon farming programme, the company told Carbon Pulse Monday.

A group of scientific and conservation organisations have called for the Northern Territory (NT) to legislate biodiversity protection for the first time in an open letter to the chief minister, even as the federal government is in the process of reforming the national environmental law.

South Korea has decided to expand funding support for overseas emissions reduction projects this year, as the East Asian country plans to use international carbon credits to fulfil more than 10% of its 2030 CO2 reduction target.

A voluntary carbon standard has announced it will exclusively focus on nature-based solutions and discontinue the eligibility of Clean Development Mechanism (CDM) methodologies under its banner.

The Shanghai municipal government is set to hand out more carbon permits under its emissions trading scheme this year as some emitters have been added to the market.

The head of an Australian energy gentailer is unsure whether a newly-opened gas-fired power station will be able to meet its target to partially run off green hydrogen by 2025 due to a lack of supply.

The profits of the big five Western oil majors have reached nearly $300 billion since Russia invaded Ukraine two years ago, according to analysis from an NGO.

Ukraine has become the 29th country to sign up to Japan’s Joint Crediting Mechanism (JCM), in the hope of generating carbon credits aligned with the Paris Agreement.

An unprecedented US Supreme Court hearing on Feb. 21 could open the door for challengers of federal environmental policies to effectively halt the implementation of regulations while those policies are being litigated, legal experts warn.

European carmakers are failing to deliver affordable models for electric vehicles, data show, contrary to popular belief that low consumer demand is behind a "backpedalling" on production plans.

Fourteen new migratory species will be protected under the Convention on Migratory Species (CMS) as delegates at the UN summit in Samarkand, Uzbekistan committed to raising transboundary efforts on wildlife conservation.