Carbon Pulse

Spanish energy firm Iberdrola will direct around one-third of a €41 billion investment plan to the US, as it looks to capitalise on subsidies for clean energy solutions.

Nature tech start-ups saw an 18% increase in venture capital (VC) investments in 2023 compared to the previous year, with significant growth in early-stage involvement, especially in the MRV and biodiversity credits category.

The UN climate secretariat and International Energy Agency (IEA) are partnering to track and report on the global energy transition and help countries strengthen their Paris Agreement pledges, the two institutions announced on Thursday.

Sustainable finance support for farmers in England needs to expand further, beyond its welcome early structure, to address other areas of the food system, a panel of experts said Thursday.

A cookstove manufacturer and project developer has attracted $18 million from a carbon investor and a private equity group to fund the production and distribution of cookstoves across Africa that will generate voluntary credits.

European carbon prices fell back to their lowest levels of the week so far on Thursday morning as buying interest continued to wane while falling TTF natural gas also weighed on the EUA market.

A French climate tech startup has raised has raised $52 mln in Series B funding as it seeks to grow a service to help small- and medium-sized businesses track their carbon emissions.

Cement emissions globally, barring from developed regions and China, will remain very high and might even double by the end of the century, a study conducted by a US-based research group revealed Thursday.

UN aviation body ICAO has decided to keep several voluntary carbon standards, including Verra and Gold Standard, under 'conditional' approval for Phase 1 of CORSIA, meaning their issuances have not yet been given the green light for the current stage of the international aviation offsetting scheme.

The UK can position itself at the forefront of the carbon capture and storage transition as it draws upon its significant offshore storage potential and develops the related supply chains and skillsets for global export, said a representative of a government-funded innovation programme.

Forest conservation and reforestation have a solid scientific basis for voluntary carbon crediting, according to a peer-reviewed study published Thursday, though several other nature-based solutions (NBS) are less certain to effectively mitigate emissions.

The Enhanced Weathering Alliance (EWA) was officially established on Thursday, bringing together top-tier companies in an emerging technology field for carbon removals (CDR).

French energy major TotalEnergies has seen its voluntary carbon credit stock reach 11 million as of the end of last year, as it targets 44 mln by 2030 and over 70 mln by mid-century.

The CEO of one of the most high-profile exchanges in the global carbon market on Thursday announced he will step down, though will continue in the position until a replacement has been found.

A major Chinese forestry and paper company has secured an emissions reduction project in a landlocked province through its carbon management arm, with a government-backed investment firm to purchase the resulting carbon credits.

Vietnam is planning a large-scale low carbon rice initiative that it says will help farmers earn carbon credits.

Two Canadian project developers on Wednesday announced separate deals to sell voluntary carbon credits worth millions of dollars from nature-based initiatives.

A Senate bill that aims to curtail environmental claims from the purchase and sale of carbon offsets, similar to a measure California Governor Gavin Newsom (D) vetoed last year, progressed through a state legislative committee on Wednesday.

The NZU price has rallied following Wednesday’s rout in the wake of the partially cleared auction, as the government said it was progressing restrictions on the classes of land that can enter the ETS.  

Faster permitting processes and more effective public communication are vital to scaling up and accelerating carbon capture and storage (CCS) and CO2 removal (CDR) technologies, conference attendees heard from an expert panel Wednesday.