Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 53 min ago
Italy warned against falling short on climate targets at G7 ministerial
Climate experts are calling on Italy to support stronger commitments for renewables as G7 nations prepare to meet over the weekend to discuss climate action for the first time under the country's leadership.
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Backed by $5 mln USDA grant, agtech startup seeks to earn carbon credits through hydroponic farming
An Atlanta-based agtech startup is seeking to generate voluntary carbon credits through indoor hydroponic vertical farming, with funding from a $5 million US Department of Agriculture (USDA) grant.
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Canadian insurance subsidiary piles C$6 mln into nature-based removals, conservation
A Candian subsidiary of a UK insurance multinational has provided C$6 million ($4.4 mln) to a non-profit towards the development of nature-based carbon projects and conservation efforts, it announced Wednesday.
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UK nature degradation could cost economy £70 bln in next five years -report
Long-term nature-related risks could cost the UK economy up to £70 billion – or 3% of GDP – by the late 2020s due to a slowdown in growth, the Green Finance Institute (GFI) found in a “first of its kind” research published Thursday.
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Ecosystem ‘tipping points’ poised to severely harm global economy, study warns
Policymakers should recognise and properly assess the economic risks posed by ecosystem 'tipping points' (ETPs) in order to preserve global financial stability, according to researchers.
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ARB issues smallest volume of offsets in nearly two years
California regulator ARB issued the smallest number of compliance-grade offsets in almost two years, but maintained its year-to-date totals above 2023 levels, data published Wednesday showed.
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FEATURE: Peru’s REDD+ overhaul in doubt as Verra-linked reforms face backlash
Peru is promoting initiatives to crack down on over-crediting and protect the reputation of Amazonian carbon credits, but industry pushback to reforms linked to Verra, and falling issuances, raise questions about how feasible the voluntary carbon market (VCM) overhaul is in practice.
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EU Parliament accepts farm policy U-turn undoing nature protection
The European Parliament gave its green light on Wednesday to review the EU's agriculture rules, in a dramatic political U-turn that will weaken requirements for climate action and nature protection.
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US DOE invests $23 mln in CCS for enhanced oil recovery
The US Department of Energy (DOE) on Wednesday announced funding worth over $23 million for two projects that will assess the feasibility of carbon capture and storage (CSS) for enhanced oil recovery (EOR).
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After setback, Verra still mulling how to achieve Phase 1 CORSIA eligibility
Verra has yet to decide the best way to achieve full eligibility under Phase 1 of CORSIA, the standards body revealed Wednesday, a month after it was denied full approval under the UN's aviation emissions offsetting scheme.
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BRIEFING: New demand, de-risking to scale voluntary carbon market, says industry
New voluntary carbon market (VCM) demand drivers and increasingly mature de-risking measures are poised to scale the VCM but need more traction, according to a panel of industry experts speaking Wednesday.
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EU lawmakers make final appeal before elections to save the Green Deal
Members of the European Parliament made one last rallying cry to salvage the Green Deal this week, as the bloc’s flagship climate neutrality programme faces an uncertain future with the prospect of a larger far-right presence following upcoming EU elections.
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US rating agency partners with offset platform to launch “highly-rated” carbon credit portfolio
A carbon offset buyer platform will offer a portfolio of credits vetted by a ratings agency to be “highly-rated” as part of a newly formed partnership announced Wednesday.
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EU passes law making carbon tracking obligatory for goods sold in Europe
The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.
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BRIEFING: Sweeping corporate due diligence law, requiring climate transition plans, passes EU Parliament
The European Parliament approved sweeping new rules on Wednesday that will oblige companies to mitigate their negative impacts on human rights and the environment and adopt energy transition plans.
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Soil carbon prices in India need to rise 60% to incentivise conservation agriculture -study
Soil carbon prices in India will need to increase by 60% to encourage wider adoption of conservation agriculture for carbon credit generation in India under Verra's VM0042 methodology, a study published this week in the journal Nature suggests.
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EU Parliament votes for ratification of high seas treaty
The EU Parliament has voted in favour of the EU ratification of the UN’s Biodiversity Beyond National Jurisdictions (BBNJ) treaty during a plenary on Wednesday, paving the way for member states to move their national processes along swiftly.
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Bhutan govt, NGO coalition pledge to mobilise $1 bln for tiger preservation
Bhutan's government and a group of conservation NGOs have committed to catalyse $1 billion to protect tigers and their habitats over the next decade.
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INTERVIEW: Durable carbon removals present new challenges, risk profile for insurance
Carbon insurers, previously focused on nature-based solutions (NBS) credits, are entering the arena of durable CO2 removals (CDR) and adapting existing insurance strategies to suit a new risk profile, according to a specialist speaking to Carbon Pulse.
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CreditNature method receives independent accreditation
CreditNature has achieved a “world first” by receiving accreditation from an independent accounting framework for its ecosystem restoration methodology, in a move that could help scale nature markets, it said Wednesday.
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