Carbon Pulse

Article 6 negotiators and voluntary carbon market (VCM) standards could justifiably exclude some renewable energy projects out of hand due to additionality hazards, but others require careful case-by-case consideration, say watchdogs and stakeholders who spoke to Carbon Pulse.

Verra has extended the suspension of Rimba Raya’s registry account amid continuing uncertainty about the future of the voluntary carbon REDD project in Indonesia, it told Carbon Pulse Thursday.

Policy credibility is crucial for carbon prices in the EU Emissions Trading System to be high enough to efficiently incentivise emission reductions in the long term, according to a study published in Nature Energy.

Weak carbon pricing in the EU Emissions Trading Scheme (ETS) is continuing to limit the incentive for polluters to decarbonise, according to a new report published Thursday.

Saudi Arabia will fund Kenya's planned switch to cooking with liquefied petroleum gas (LPG) stoves instead of those burning firewood, charcoal, and kerosene in return for carbon credits, according to local media sources.

An environmental impact platform and a payments network have closed their call for proposals set to identify innovative finance projects, saying they seek to fund initiatives in the emerging biodiversity credit market.

Swedish company Qarlbo Biodiversity has revamped the methodology that saw a local bank last year pick up Europe’s first voluntary biodiversity credits and on Thursday announced five new pilot projects along with plans to invest in projects globally.

The latest Convention on Biological Diversity (CBD) negotiations in Nairobi, Kenya wrapped up on Wednesday with limited progress on key topics on the agenda, as much work remains to be done at this year's UN biodiversity summit.

A Canadian group of risk experts have called on the country’s government, regulators, and business leaders to ensure their climate risk frameworks include nature-related issues.

Buy voluntary carbon credits today because the debate over whether they could be valuable has ended, according to a large investment bank.

Large economies are relying heavily on carbon removals in their national climate plans to avoid making deep and immediate emissions cuts, which risks prolonging fossil fuel use and jeopardising Paris Agreement goals, according to a report published Thursday.

While clean technologies like electric vehicles and heat pumps may require higher upfront funding than fossil fuels, their low running costs make them a cheaper option for consumers in the long term, making the green transition fairer than the status quo, the International Energy Agency (IEA) said in a new report.

European carbon prices struggled for direction on Thursday, moving in a thin range for most of the morning before a picking up in the hour leading up to midday, as the market continued to digest weekly investor data published Wednesday and broadly sideways gas movements also failed to offer a clear signal.

Trading biodiversity credits through agents, rather than directly from project developers, would create more obstacles for the market to overcome, data provider CDC Biodiversite has said.

A Kuala Lumpur-based carbon offset developer has launched a plastic waste collection and recycling methodology in a bid to establish itself in the emerging plastic credit market.

French data company Iceberg Data Lab expects to double the number of clients using its products, including the Corporate Biodiversity Footprints (CBF), for a second time over the next year.

Japan and the Asian Development Bank have agreed to expand cooperation on funding Joint Crediting Mechanism (JCM) initiatives beyond just energy-related projects, in a bid to accelerate financing under the programme and ramp up carbon credit generation.

The European Union must beef up support for its domestic clean tech industry otherwise it will be wiped out by heavily-subsidised Chinese and US competitors, warned Poland’s climate minister.

The federal government has released a draft roadmap for car-dependent Australia on how it will reduce emissions in the transport and transport infrastructure sector for consultation, as part of its six sectoral plans to reduce emissions.

Singapore-based Climate Impact X on Thursday announced it has appointed an interim CEO, after predecessor Mikkel Larsen announced his resignation in March.