Carbon Pulse

Industry, political groups and environmental NGOs largely welcomed Ursula Von der Leyen's re-appointment as European Commission President on Thursday, citing "continuity" and "stability" in Green Deal policies as reasons for optimism.

A US-based NGO active in carbon markets has teamed up with an investor to scale funding into nature-based carbon removal projects linked to farming land, they announced Thursday.

A conservation finance group has held discussions on the measures needed to scale the emerging biodiversity credit markets, stressing the importance of advancing government efforts to regulate transactions at a global level.

Net zero policies, such as a consistent and strong carbon pricing growth out to 2050, could unlock significant economic growth for the EU and UK economies and bring forward net zero, according to a new report.

An Amsterdam-based company has launched a new direct air capture product designed to be suited to plug into any removal, storage, or utilisation project across different capacities and sectors.

A plan submitted for buying units representing habitat uplift, under England’s biodiversity net gain (BNG) scheme, could be the first of its kind, said a lawyer.

A French company developing bio-based acids for a range of applications from food preservatives to perfume says that its products carry an 81% lower carbon footprint than their petroleum-based counterparts, and could also store carbon depending on the final use case.

The new UK government needs to speed up the country’s emission reductions to make up for its predecessor’s slow-down, reversal, and delay of net zero policies - including a strengthening of its carbon trading system, the Climate Change Committee warned on Thursday. 

A subsidiary of large European energy firm EON plans to present a plan for crediting emissions reductions from battery storage projects at COP29 in November.

Some G20 regulators have decided not to work on nature-related financial risks due to data challenges and the need to prioritise climate-related analysis, a report released on Thursday showed.

A new voluntary carbon insurance product has launched to avoid the risk of credits failing to be delivered from nature-based projects, initially for reforestation and afforestation activities.

European carbon allowance prices weakened modestly on Thursday morning, trading in a narrow band before coming up against a psychological and technical support level, while energy markets were mixed amid a broadly unchanged outlook.

A Chinese province known for its local timber industry has completed a first transaction of forest carbon credits under a recently launched provincial programme, as the regional government seeks to explore the potential of nature-based projects.

An EU-based carbon removal (CDR) accelerator has announced the selection of eight startups for a development stage of its programme, including a 'negative emission' coal producer, a biochar firm, and a solution focused on decarbonising the construction sector.

The Enhanced Weathering Alliance (EWA) has denounced an “opaque” process for developing CO2 removal certification methodologies at EU level, calling on the European Commission to provide more clarity around timelines and deliverables.

Ursula von der Leyen pledged to “stay the course” on climate policy and focus on implementing the Green Deal in the coming five years as she seeks the European Parliament’s backing on Thursday for a second term as EU Commission President.

There has been a significant decline in the proportion of human-induced regeneration (HIR) ACCUs transacted in the Australia's brokered carbon market, according to recent data.

One of South Korea's largest securities firms has obtained carbon credits from an international project, the first financial company to do so in the country, it announced Thursday.

The UN Environment Programme Finance Initiative (UNEP FI) on Thursday launched a guide to help banks implement a circular economy as what it said is a critical way of conserving nature, combatting pollution, and reaching net zero.

Targeted government support will be needed to scale the supply of high-integrity carbon credits and to ensure strong demand and price premiums for these issuances, the OECD said in a report published Thursday.