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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 33 min 55 sec ago
China steel industry should seek carbon financing opportunities from emissions markets, report says
China's steel industry should explore more financing options for its decarbonisation plans, especially potential ones linked with emerging power and carbon markets in the country, a report has said.
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Swedish carbon startup raises $5.5 mln to launch blockchain-based removal token
A Swedish startup has raised $5.5 million to help verify nature-based carbon removal credits, it announced Monday, using the funding to launch tokens based on blockchain technology.
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AXA Climate, tech company launch forestry insurance to protect against increasing natural disasters
France-headquartered climate risk manager AXA Climate and an Irish forestry management software company have teamed up to launch insurance for forestry fires and storms.
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Japanese consultancy to explore tokenisation of domestic carbon credits
A major consultancy firm in Japan has teamed up with a blockchain solution provider to support the creation of offsets from domestic forestry projects by promoting the tokenisation of carbon credits.
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Software firm raises carbon offset buying one-third as it continues pivot to removals
A large software company increased the volume of voluntary carbon credits it bought in the last fiscal year by 33%, it said in an annual impact report, as it continues its transition towards buying only removal units at the end of the decade.
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ANALYSIS: The Nature Restoration Law – what’s next for EU companies?
EU member states could include the private sector in their plans to achieve national targets under the Nature Restoration Law (NRL) as public funding will likely prove insufficient, and the newly approved legislation is likely to contribute to scaling the biodiversity credit market, according to experts.
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South Korea secures Article 6 partnerships with Cambodia and Bangladesh, holds talks with several others
South Korea's trade ministry will this week sign Article 6 partnership with Cambodia and Bangladesh during discussions with representatives from seven countries for further cooperation in establishing international emissions reduction projects aligned with the Paris Agreement.
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Japanese developer teams up with multiple agencies to implement rice paddy JCM projects across Vietnam
A Japanese company has signed several agreements in Vietnam to develop agriculture-based carbon projects across the country under Japan’s Joint Crediting Mechanism (JCM), the firm announced Monday.
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Australia consults on draft ’30 by 30′ terrestrial roadmap
The Australian government is seeking feedback on a draft roadmap to show how it will reach its goal of restoring and protect 30% Australia’s land by 2030.
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Australia Market Round: Former NSW energy minister to chair Climate Change Authority, regulator issues 1.3 mln ACCUs,
The federal Labor government has appointed the former New South Wales Liberal Energy and Environment Minister and Treasurer Matt Kean to chair the Climate Change Authority (CCA), following the resignation of Grant King.
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New climate models sharpen future warming predictions, says researcher
The uncertainties surrounding forecasting global warming have narrowed considerably in the past 10 years, offering a clearer window for planning and budgeting by companies and governments, according to a researcher with the Canadian government.
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New study cites MRV challenges as hindering large-scale carbon removals via enhanced weathering
A number of challenges are hindering the deployment of enhanced weathering (EW) at scale, including implementing accurate MRV approaches, a new study has warned.
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New study challenges effectiveness of tree-planting as climate change solution
A new study has cast doubts on the long-term effectiveness of large-scale tree-planting projects in sequestering CO2, with current climate models potentially overestimating the duration of retention while underestimating the impact of climate change on forests.
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New insurance brings warranties from M&A into voluntary carbon market
The first warranty and indemnity (W&I) insurance policy in the voluntary carbon market (VCM) has been arranged, a broker announced Friday, lifting due diligence and risk transfer procedures from the world of mergers and acquisitions (M&A) in hopes of providing buyer-side assurances of supplier-side reliability.
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BRIEFING: Switzerland concerned about Chile’s Article 6 regulation, project pending
The Swiss entity managing Article 6 dealings with Chile has expressed concerns about the country’s draft authorisation procedures, confirming that a wind farm project remains under consideration, despite national media in the host country reporting a done deal.
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DOE, EPA allocate $850 mln to reduce oil and gas methane emissions
The US Department of Energy (DOE) and the US Environmental Protection Agency (EPA) announced Friday that $850 million in federal funding was being made available for projects to reduce methane emissions from the oil and gas industry.
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Article 6 cookstove carbon credit supply builds in Verra registry, but few retirements
More than 2.4 million cookstove carbon credits have been tagged with an Article 6 authorisation label in the Verra registry but only a tiny number have been retired, data shows Friday.
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Air cargo firm launches carbon removal service blending DAC and SAF
An international air cargo firm has launched a new carbon removal service, which blends direct air capture (DAC) with carbon emissions reductions achieved via sustainable aviation fuel (SAF).
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EU publishes long-awaited rules for permanently storing carbon in products to avoid ETS costs
EU long-awaited rules are out on the criteria for what constitutes permanent carbon storage in products, providing clarity to firms as to how they can avoid purchasing allowances in the bloc's ETS.
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California water purifier plant with carbon removal to start up in 2026
A California-based water purifier facility with direct air capture (DAC) carbon removal is poised to begin operations in 2026, the firm announced.
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