Carbon Pulse

The voluntary carbon market faced strong headwinds in 2023 – a reckoning due to carbon credit quality problems. The silver lining that could arrive in 2024: A market correction that can support a new VCM 2.0, rebuilding a market that is good for the planet and for people, writes Donna Lee of Calyx Global.

Legislators in the European Commission, European Parliament, and the Council of member states will need more time to discuss a bill designed to strengthen net zero technologies in EU manufacturing, a spokesperson said after they concluded a halfway meeting on Monday.

European carbon prices fell away on Monday morning, setting a new 17-month low in the process, as buyers were little in evidence and hedging demand was said to be almost non-existent and clean spreads remained negative, while energy markets also fell away amid steady selling.

A Ghana-based diversified holdings company has signed a Memorandum of Understanding (MoU) with a carbon credit developer for technical assistance in the mobilisation of $1 billion in carbon credit financing.

The UK government must take immediate action to support and steer companies in adopting the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations, a membership organisation comprised of some major corporates and NGOs in the country has said.

A Californian ocean carbon startup has announced a significant expansion of its Series A funding round securing an additional $21.5 million, earmarked for the commercialisation of its nascent carbon capture technology.

China on Monday announced the relaunch of its national voluntary offset market with the completion of the first offset transaction on its newly built trading system.

A financial institution in the MENA region has inked a Memorandum of Understanding (MoU) with a UAE-based fintech firm to help its clients integrate carbon credit buying directly into their corporate accounts.

A Japanese trading house plans to start earning credits from carbon capture and storage (CCS) work from next year via a new partnership with a Norwegian company.

The price for Australian Carbon Credit Units (ACCUs) sourced from Savanna Fire Management (SFM) projects that do not have indigenous co-benefits associated with them have taken a dive in the secondary market.

Retiring coal-fired power in the Philippines just five years early could stop 290 million tonnes of CO2 from being released into the atmosphere, according to analysts, although the price would be high.

China is planning to expand its national emissions trading scheme to cover cement and electrolytic aluminium this year, though the government may only start with a simulation trading mechanism for the two industries, local media reported.

The Carbon Programs Officer role will assist in the coordination of the carbon reduction and carbon offsetting projects for CO2 clients.

As the Carbon Project Lead, you will spearhead the development of Afforestation and Solar projects, aiming for successful registration under chosen Standard schemes (Verra, Gold Standard, etc.) to attain carbon credits. Your role involves meticulous project management ensuring optimal outcomes in line with carbon principles and integrity criteria.

This role is a carbon credits business development and sales role, reporting directly to the CMS Managing Director and to the CMS Head of Brokerage and working closely with other key CMS staff and sub-contractors.

The General Counsel acts as a trusted legal adviser, barometer and sounding board to the senior leadership team, and is responsible for leading company legal initiatives. The General Counsel advocates for the company’s legal interests, provides senior management with expert, strategic legal advice, leads and manages the internal legal function, provides hand on legal assistance to the organization and oversees the retention and management of external counsel.

Pachama is looking for a Forest Carbon Growth Modeling Lead to join our team to help develop forest carbon projects under the new Verra ARR methodology. In this role, you would use spatial data paired with field inventory data and literature to derive the information necessary to develop robust credit yield estimates for agroforestry, reforestation, restoration projects throughout North and South America.

ACE is a non-profit llc, currently owned by the Tennessee River Gorge Trust. We are a localized market for high-quality, nature-based carbon projects, facilitating the growth of regional investment into climate action in Central & Southern Appalachia.

As a Sales Trader you will work with the counterparties of various sizes in different industries, each with their own set of exciting challenges. You will create, manage and grow your own portfolio of clients, using your strong interpersonal skills, and stellar communication skills to gain your clients’ trust.

ExxonMobil has filed a lawsuit against international climate activist group Follow This to block a proposal from going to a shareholder vote that is calling for sharper cuts to the company’s carbon emissions.