Carbon Pulse

A British forest carbon fund is on course to finish its tree-planting programme by "spring 2025", it announced in an annual investor report Tuesday, though a lack of available equity has held the firm back from acquiring more planting land to continue the scheme beyond this date.

US retailers are under fire for not providing sustainable alternatives to products such as toilet paper and paper towels that are contributing significantly to global deforestation and climate change, according to a new report.

The EU's 27 member countries are running out of time to submit their National Energy and Climate Plans (NECPs), with only a few expected to meet the official deadline at the end of this week.

An oil and gas group has teamed up with a clean shipping industry body to work on solutions to decarbonise the sector, including a focus on carbon capture on ships, they said Tuesday.

The EU should stand firm on its demand for transparency in the Paris Agreement's Article 6, as without it, the entire international carbon market system could fail, the bloc's former top climate official told Carbon Pulse in an interview.

Offset project developer DGB Group on Tuesday announced the sale of a 40% stake in tree-focused retail investment platform Corekees.

A Portugal-based aquaculture company is conducting a study to evaluate the ecosystem services provided by its bivalve farm to venture into the biodiversity credit market, as it says investments in the industry are still insufficient.

Countries need to look to new sources of climate finance including "solidarity levies" on sectors such as shipping, aviation, and fossil fuels extraction, the UN's special adviser on climate change said on Tuesday.

The number of carbon credits generated from cookstove projects could be set to tumble after the UNFCCC released an updated expert report on the key emissions reduction calculation rate.

A Swiss organisation, working on international Article 6 carbon programmes with host nations, expects they will generate an ITMO supply of 15 million tonnes by 2030, according to a report published Tuesday, paying nearly $40 per tonne for a large proportion of the forecast volume.

A German air carrier will make customers pay for rising costs related to environmental regulations through the introduction of an environmental surcharge to apply to departures from January 2025.

European carbon prices broke below Monday's low of €67.01 in morning trade as selling pressure continued to weigh on the market, before rallying slightly as buyers held firm, while natural gas moved in positive territory throughout the session as the TTF continued to edge sideways.

A report published Tuesday found that 85% of corporates have not set a net zero target that takes into account supply chain emissions.

A Singapore-based real estate company has secured a S$400-million ($295 mln) sustainability-linked loan (SSL), which incorporates targets on biodiversity conservation aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.

South Korea's environment ministry is teaming up with the country's major stock exchange to establish a consignment transaction system for the domestic emissions market. 

Poland’s development funds and regional policy minister, Katarzyna Pelczynska-Nalecz, was the latest to call for reforming the EU’s carbon pricing scheme for transport and heating fuels (ETS2), calling on EU leaders to address the issue when they meet in Brussels later this week. Carbon Pulse brings an overview of key positions in the debate.

Gold Standard, a global certifier and standard-setter for the voluntary carbon market, has launched a new public tracker for carbon market regulations around the world.

A group of 54 international non-governmental organisations (NGOs) have urged Bursa Carbon Exchange (BCX) to drop a controversial project in Malaysia from being listed on the platform amid claims that it has harmed biodiversity and violated Indigenous rights.

A UK-based carbon capture provider has launched a pilot plant at a cement facility in Italy, advancing its offering to help the the industry to decarbonise.

A Switzerland-based carbon removal and storage provider has raised $69 million in a funding round to bolster plans to ramp up capacity and expand in North America and Asia.