Carbon Pulse

An emerging markets hedge fund has made an investment into a prominent climate financier in the voluntary carbon market.

The UK government’s announcement this week on its plans to set up a competitive carbon capture, utilisation and storage (CCUS) market was full of references to imports, opening up a way for the green transition to bring the UK and EU closer together in the wake of Brexit. 

A fund focused on conservation in the ‘jaguar corridor’ area of Latin America aims to raise between $100 million and $130 mln by mid-2024, Carbon Pulse has learned.

A decision by the EU to keep rebalancing tariffs on US steel and aluminium products on stand-by this week may be a sign that tension between the two sides is easing after a years-long dispute, the EU's industry hopes.

Voluntary carbon credit retirements have almost reached the same level as a year earlier with just days remaining in 2023, boosted by a surge in activity by an oil major early on Friday.

A fund created as an alternative to carbon offsetting by a EU-based climate project platform has launched a three-pronged call for proposals ahead of its fourth round of allocations of grants and pre-purchases in Q2 2024.

The Secretariat of the ART carbon credit standard on Friday announced that it has approved a listing for Burkina Faso under its TREES jurisdictional certification programme.

A cross-party group of British MPs has urged the UK government to consider demand management measures for the aviation sector and to account comprehensively for the carbon footprint of sustainable aviation fuels (SAFs) to ensure its 2050 net zero emissions goal is met.

Large Indian industries will be unable to escape the carbon border adjustment mechanism (CBAM) announced by the UK earlier this week, according to some trade experts, who further added that soon all value-added products will be included under the mechanism.

EUAs extended their week-long rally in a shortened session on Friday before the four-day Christmas break, shrugging off an initial dip in response to the 22% increase in auction volumes scheduled for the first eight months of 2024 as traders continued to trim short positions ahead of the holiday.

Climate-related equity indices should still be subject to EU oversight, according to a position agreed by EU member states this week that endorsed a proposal that most benchmarks should not remain under the scope of regulation.

As a Quantitative Carbon Market Analyst in Veyt you will contribute to developing our modelling framework for the European emission trading system (EU ETS) as well as predictive models for a growing number of emission trading systems around the world.

A marine charity will reportedly apply to take the government to court next month to argue that it ignored the advice of an independent scientific body to set more stringent limits on fishing in 2024.

An industry initiative to produce a low-carbon precursor for green steel is setting its sights on using Sweden’s renewable energy and high-quality iron ore resources as the backdrop for large-scale production for European export.

The proposed revision of EU ETS free allocations fails to deliver social and environmental change, write Lidia Tamellini of Carbon Market Watch and Aymeric Amand of Sandbag.

Efforts to improve the digital mapping of land cover and calculate carbon stores over time have been pushed to the forefront in the voluntary carbon market (VCM) as stakeholders seek to strengthen the integrity and transparency of carbon projects.

Allowance prices in China’s carbon market reached an almost two-month high over the past week amid stable trading volumes, as the year-end compliance deadline is rapidly approaching. 

A California-based agri-tech firm has teamed up with a tea research institute in India to help farmers generate income through the generation and sale of carbon credits.

The state government of Queensland in Australia has banned new oil and gas development in the Lake Eyre region in a bid to protect vulnerable rivers and floodplains.

India needs to make sure that projects deemed eligible to supply carbon credits under its recently announced voluntary carbon market hold a high standard for the new programme to be a credible tool to cut greenhouse gas emissions, experts have warned.