Carbon Pulse

A major global environmental consultancy has hired four voluntary carbon market specialists to bolster its growing team.

A crypto asset management firm targeting ESG investors is launching a new bitcoin exchange-traded fund (ETF) with a 20% carbon allowance component, in an effort to create a 'carbon-neutral' investment offering in the crypto market.

Mining companies want biodiversity credits to enable them to go beyond offsetting to make nature positive claims, according to an executive at UK-headquartered The Biodiversity Consultancy (TBC).

Up to 10 million forward carbon credits from three host nations that will be authorised for corresponding adjustments, known as ITMOs, could be for sale in February in an auction, it was announced Tuesday.

The European Commission on Tuesday announced the results of the third call for small-scale projects under the bloc’s EU ETS-financed Innovation Fund, with €65 million being disbursed to 17 clean tech activities.

The Dec-24 EU Allowance contract began its stint as the benchmark contract with a steady morning on Tuesday, trading in a €1 range slightly below where it ended on Monday as energy markets gave up their gains from the previous session as traders appeared to decide the rally had been overdone.

Singapore on Tuesday published its long-awaited list of eligible carbon credit standards for domestic buyers when the Ministry of Sustainability and the Environment (MSE) and the National Environment Agency (NEA) published the Eligibility List under the International Carbon Credit (ICC) Framework, which currently is limited to projects in Papua New Guinea only.

A global crop trader is retrofitting one of its chartered vessels with four wind-powered ‘suction sails’ in a move to reduce fuel consumption and curb CO2 emissions, following a suite of other cargo operators also benefitting from emissions-slashing sails.

A major Japanese trading house has partnered with two firms to create the first forestry-based J-Credits using drones for the MRV process, the company announced Tuesday.

A group of seven European countries have agreed to jointly decarbonise their electricity systems by 2035, they announced late on Monday.

ACX and Vietnamese player CT Group will explore building a carbon credit trading platform in the nation after signing a Memorandum of Understanding (MoU) at the beginning of the month, which was announced Tuesday.

An independent government body has outlined five areas where New South Wales’ controversial state biodiversity market scheme could improve in a report published Tuesday.

Japan, Australia, and the Association of Southeast Asian Nations (ASEAN) held the second Asian Zero Emission Community (AZEC) Summit over the weekend, just days after the COP28 summit wound up, committing to tackling climate change as a common global challenge while ensuring energy security and mitigating geopolitical risks.

Next year’s COP16 will be hosted by Colombia, the UN Convention on Biological Diversity (CBD) has confirmed.

Australia’s Clean Energy Regulator (CER) has contracted a technology solutions firm to develop a unit and certificate register, as it works with the country’s stock exchange to develop a national carbon exchange.

A daily summary of our news plus bite-sized updates from around the world.

A Texas-based nature-based developer announced an agreement on Monday with a global oil major to develop a programme to revitalise US grasslands.

The Brazilian state of Para will launch a public concession on 10,000 hectares of forest by the end of year, expected to generate millions in carbon credits through reforestation, local media reported Monday.

Washington’s Department of Ecology (ECY) announced on Monday plans to update the state’s Clean Fuels Program (CFS) rule to permit sustainable aviation fuel (SAF) pathways for credit generation.

RGGI allowance (RGA) values plateaued over the week, remaining firmly around all-time highs as market players rolled onto 2024 vintage contracts, with participants largely expecting prices to potentially rise in the new year ahead of information from the ongoing programme review.