Carbon Pulse

Using acoustic monitoring devices to collect data about ecosystem health based on the sounds of different animals living in an area is a powerful and cost-effective way of measuring biodiversity and should be one of the primary data collection methods in new biodiversity crediting systems, say industry sources.

A roadmap for implementing a forest partnership between the EU and the Republic of Congo has been signed by the European Commission's environment chief Virginijus Sinkevicius.

The government of British Columbia has launched a “unique” crowdfunding initiative for protecting old growth forests with C$300 million ($217 mln) of initial capital.

European carbon prices traded within Thursday's high-low range on Friday morning, reflecting a lack of momentum or conviction in either direction as traders took to the sidelines ahead of the weekend, while energy markets were modestly firmer even as fundamentals remained broadly unchanged.

South Pole has pulled out of the troubled Kariba REDD forest protection project in Zimbabwe with immediate effect, it said on Friday, following earlier news that certifier Verra was halting credit issuances and launching an investigation into the project amid allegations of trophy hunting and financial malpractice.

Carbon Border Adjustment Mechanisms, or CBAMs, are one of the key drivers of carbon pricing development across Asia as nations increasingly seek to cooperate with the EU on its policy slated to enter into force in 2026, a conference heard Wednesday.

China's national carbon market saw prices remain stable over the past week with a relatively high trading volume, while voluntary trading volume ticked up as sentiment has been lifted by the multiple regulatory updates recently.

Standardisation and scale are the watchwords of the growing removal industry, seen as key by its proponents and the IPCC in the path to net zero but getting it into compliance markets will be essential, a conference heard this week.

Australian Carbon Credit Unit (ACCU) transactions have largely been bilateral over the counter (OTC) deals in recent months as the brokered secondary market has been trading sideways, according to analysis.

More government guidance is needed to unleash demand for carbon credits from Japanese companies, despite Tokyo's recent efforts to support the development of the country's voluntary market, a conference heard Thursday.

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Canadian Prime Minister Justin Trudeau announced Thursday a temporary pause on carbon levies for home heating oil and a doubling of the revenue-neutral fee rebate for rural residents, in a move seen to bolster support for the federal Liberal government among residents of the Atlantic provinces.

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California Carbon Allowance (CCA) values rocketed to a new all-time peak after the WCI jurisdictions said they will present modelling of how slashing their cap-and-trade budgets could impact permit prices, while Washington Carbon Allowance (WCA) prices jumped early in the week despite the market remaining relatively illiquid.

The EU has put a particular emphasis on renewables and critical raw material's chains when mobilising €300 billion through its Global Gateway programme for developing nations, aid deals signed on Wednesday and Thursday showed.

The US Department of Energy (DOE) announced Thursday the allocation of $36 million for 11 marine CO2 removal (mCDR) projects across the country, as the agency expands its support for advancement of the nascent technology.

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A California-headquartered carbon solutions provider announced Thursday that it will offer clients access to carbon removal credits based on an array of project types in the latest version of its signature product.

The European Commission is open to feedback on which carbon removal methodologies it should focus on developing first, according to an official speaking on Thursday at the close of a two-day forum focused on designing blueprints to credit industrial carbon removals.

An agtech company has announced a major European expansion to increase sponsored farmland by over 500,000 hectares and enable farmers to generate upwards of 300,000 soil carbon credits a year.