Carbon Pulse

Europe's industrial slump is widely seen as the main driver behind weak demand for CO2 allowances on the EU carbon market, but some analysts suggest emitters may also be satisfied with the status quo while betting that Europe will eventually backtrack on its climate ambitions or – at the very least – adjust its policies.

Tanzania has announced a $4.5 million programme aimed at restoring 5.2 mln hectares of degraded forests as part of its commitment to the African Forest Landscape Restoration Initiative (AFR100).

A Stockholm-headquartered carbon accounting platform on Tuesday unveiled a new Corporate Sustainability Reporting Directive (CSRD) solution and announced the appointment of a new CEO.

South Korea and the UNFCCC secretariat have agreed to jointly develop a global voluntary market aligned with the Paris Agreement, with detailed plans to be disclosed early next year.

An Austrian startup has launched a live monitoring tool for carbon removals (CDR), aiming to align with major voluntary verification standards.

Westpac NZ has updated its sustainability targets for 2027, which include boosting sustainable lending to NZ$9 billion ($5.2 billion), almost half of which will go towards its agribusiness customers to reduce emissions, it announced Tuesday.

The California-Quebec joint carbon market and Washington’s cap-and-invest programme announced auction dates and reserve prices for 2025 on Monday, along with next year’s sale volumes.

Both emitters and financial players continued to move their holdings in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) into 2025 at the expense of 2024, delayed data from the US Thanksgiving holiday published Monday by the US Commodity Futures Trading Commission (CFTC) showed.

As data centres and artificial intelligence drives electricity demand across the US, permitting wait times for transmission lines will need to be dramatically sped up in a number of ways, panellists said Monday, from limiting lawsuits against transmission projects to centralizing permitting authority in the federal government.

Most of the world's largest insurers and pension funds -- representing over $17 trillion in assets -- fail to use their significant influence to advocate for climate policy in line with science-based pathways to net zero, according to new analysis by a non-profit.

Canada proposed changes to carbon intensity (CI) calculations of certain fuels eligible for credit generation under the Clean Fuel Regulations (CFR) on Friday.

Brazil's national development bank announced Friday that a European nation has donated up to $21.1 million to the Amazon Fund, aiming to help combat deforestation and promote sustainable development.

Chinese steelmakers need stronger demand signals, such as a much larger volume of purchase commitments, to spur investment in technologies to make green steel at scale, according to a report released Tuesday.

A North Carolina-based research non-profit is set to launch a carbon credit project in Ethiopia with a US development agency, aiming to expand its approach for reducing enteric methane emissions from small farmers' livestock in the developing world, representatives of the organisation told Carbon Pulse on the sidelines of COP29.

Retirements in the Verra voluntary carbon registry surged to just over 7 million last week, as the market started to show some life after having failed to ignite after the COP climate talks last month.

The International Finance Corporation (IFC) has issued a A$700-million ($451 mln) so-called green kangaroo bond in the Australian market to help close the biodiversity funding gap in emerging markets, it announced Monday.

A “first-of-its-kind” guide to try to galvanise action from insurers to engage with a nature-positive future, enabling investments in ecosystems and innovative biodiversity-linked products, was published Monday by the UN Environment Programme Finance Initiative (UNEP FI).

Carbon credit rating provider BeZero has introduced standardised datasets with technical carbon data to simplify project analysis, the London-based agency announced on Monday.

A veteran carbon analyst has joined carbon analytics and consulting firm ClearBlue Markets after leaving London Stock Exchange Group (LSEG) earlier this year.

The UK showed renewed climate leadership among developed countries at COP29 across the public, private, academic spheres, observers have said, making the new Labour government a standout at a summit that many found disappointing.